Which company was formed by the 2020 merger of United Technologies’ aerospace businesses and Raytheon?

The 2020 merger of Raytheon and United Technologies’ aerospace businesses formed Raytheon Technologies.

The transaction combined Raytheon, a major defense contractor, with United Technologies’ aerospace businesses, including Pratt & Whitney and Collins Aerospace. United Technologies spun off its Otis and Carrier businesses before completing the combination with Raytheon.

The new company began trading in April 2020 under the name Raytheon Technologies Corporation. Its portfolio covered aircraft engines, avionics, aerospace systems, missiles and defense electronics, making it one of the world’s largest aerospace and defense companies.

In 2023, Raytheon Technologies changed its corporate name to RTX Corporation. Thus, Raytheon Technologies is the historically correct answer for the 2020 merger, while RTX is the company’s current corporate name.