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

Raytheon Technologies Collaborates with Microsoft to Accelerate Key Business Priorities Through Cloud Adoption

Cloud-based approach optimizes business operations and delivers new forms of customer value REDMOND, Wash., November 3, 2022 /PRNewswire/ — Raytheon Technologies Expands Collaboration with Microsoft Corp. (Nasdaq: MSFT) to equip aerospace and defense company employees with cloud-based tools, technologies and platforms to improve collaboration, optimize operations and unlock intelligent insights that drive more value for … Read more