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Raytheon Intelligence & Space is the result of a merger between two former Raytheon Company businesses: Raytheon Intelligence, Information and Services (IIS) and Raytheon Space and Airborne Systems (SAS). The merger was finalized on the day that Raytheon Technologies was formed, on 3 April 2020.
The company was formed in 2020 by a merger of equals between the aerospace subsidiaries of United Technologies Corporation (UTC) and the Raytheon Company. Before the merger, UTC spun off its non-aerospace subsidiaries Otis Elevator Company and Carrier Corporation. UTC is the nominal survivor of the merger but it changed its name to Raytheon ...
Raytheon Intelligence, Information, and Services (RIIS or IIS) is a business unit of Raytheon Company headquartered in Dulles, Virginia. [2] IIS specializes in intelligence, surveillance, and reconnaissance, advanced cybersecurity services; weather and environmental services, and information-based services for homeland security.
RTX Corporation, the defense contractor formerly known as Raytheon, agreed Wednesday to pay more than $950 million to resolve allegations that it defrauded the government and paid bribes to secure ...
United Technologies and Raytheon are seeking to pool resources through what would be the biggest merger in the aerospace and defense sectors. United Technologies provides primarily commercial ...
Raytheon is restructuring. On Monday, the defense contractor announced plans to consolidate its businesses and streamline operations. Effective April 1, Raytheon intends to run four main divisions ...
The combined company, valued at more than $100 billion after planned spinoffs, would be the world's second-largest aerospace-and-defense company by sales behind Boeing. [21] Although UTC was the nominal survivor, the merged company was headquartered at legacy Raytheon's former base in Waltham, Massachusetts. [22] The merger was completed in ...
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