Raytheon Technologies CEO Greg Hayes said the company’s defense work will represent about 67 percent of sales in 2020, Inside Defense reported Monday.
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Raytheon Technologies has announced its second quarter 2020 results on Tuesday, reporting sales of $14.1 billion, adjusted sales of $14.3 billion, GAAP EPS from continuing operations at a loss of $2.56 and adjusted EPS of $0.40.
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Raytheon Technologies has reported first quarter 2020 results for standalone United Technologies including Otis and Carrier. The separation of Otis and Carrier and merger with Raytheon Company occurred on April 3, after the quarter closed, the company reported on Thursday.
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Raytheon Technologies has received a shipment of personal protective equipment worth over $3M to support first responders and frontline health workers in Connecticut.
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United Technologies Corp. will support volunteer projects under an expanded partnership with nonprofit Engineers Without Borders USA.
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Thomas Kennedy, chairman and CEO of Raytheon, told Defense News in an interview published Wednesday that he and Greg Hayes, chairman and CEO of United Technologies Corp., met with President Donald Trump on June 10 to explain that the proposed Raytheon-UTC combination is complementary and not competitive.
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United Technologies Corp. has appointed Diane Bryant, Intel executive vice president, to become a member of the global industrial conglomerate’s board of directors effective Jan. 1. 2017. Bryant currently leads the development of platforms for the digital services industry as general manager of Intel’s data center group, UTC said Wednesday. UTC CEO Greg Hayes said …
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