Raytheon realigns its business units to reduce customer costs and drive innovation

Raytheon Technologies RTX released its fourth-quarter and full-year 2022 results on Tuesday, matching or exceeding guidance provided in its October earnings call. The company, contributor to my think tank, reported fourth-quarter revenue of $18.1 billion and full-year revenue of $67.1, with an order backlog reaching $175 billion thanks to an order-to-bill ratio of 1.28. Sales … Read more