What company was created when United Technologies merged with Raytheon Company in 2020?

Raytheon Technologies was created when United Technologies merged with Raytheon Company in 2020.

The all-stock merger closed on April 3, 2020, bringing together United Technologies’ aerospace businesses and Raytheon’s defense and missile operations. The combined company initially used the name Raytheon Technologies Corporation.

United Technologies contributed businesses including Pratt & Whitney, an aircraft-engine manufacturer, and Collins Aerospace, a supplier of aerospace systems. Raytheon contributed major defense activities involving missiles, radar, sensors, and cybersecurity.

The company changed its name to RTX Corporation in 2023, but Raytheon Technologies is the canonical name associated with the 2020 merger. It is sometimes confused with Raytheon itself, which became one of RTX’s principal operating businesses rather than the name of the entire merged corporation.