Raytheon
Raytheon, a major defense contractor, operates Collins Aerospace, Pratt & Whitney, and Raytheon businesses, focusing on innovations in aerospace and defense technology.
Raytheon Services
Raytheon operates three key businesses: Collins Aerospace, Pratt & Whitney, and Raytheon. Each division offers specialized services in the aerospace and defense sectors. Collins Aerospace provides advanced and integrated solutions for commercial, regional, and business aviation markets. Pratt & Whitney focuses on the development and manufacturing of aircraft engines for both commercial and military applications. The Raytheon business delivers advanced technologies for defense, including missile systems, radars, and cybersecurity solutions.
Raytheon Research and Development
In 2023, Raytheon invested $7.3 billion in research and development funded by both customers and the company. This robust investment underscores Raytheon's commitment to innovation and continuous improvement in its technological offerings. Key areas of R&D include advanced propulsion systems, next-generation defense technologies, and sustainable aviation solutions. These efforts aim to enhance performance, reduce environmental impact, and maintain a competitive edge in the aerospace and defense markets.
Sustainable Aviation Initiatives by Raytheon
Raytheon has successfully tested 8 additional engine models using 100% unblended Sustainable Aviation Fuel (SAF), contributing to the aviation industry's sustainability goals. The company has also achieved a 19.0% reduction in greenhouse gas emissions in its operations since the 2019 baseline. Additionally, Raytheon has initiated 31 new renewable energy projects, including its largest to date, highlighting its dedication to environmental stewardship and sustainable practices.
Raytheon and Renewable Energy Projects
Raytheon is actively involved in renewable energy initiatives, having launched 31 new projects recently. These projects are a part of the company’s broader strategy to reduce its carbon footprint and enhance sustainability in its operations. One notable project is The Grid, a $50 million electric power systems lab in Rockford, Illinois, dedicated to developing and testing key components for hybrid-electric propulsion. This lab represents the company’s largest renewable energy project to date.
Raytheon's Community and Policy Engagement
Raytheon partners with the Society of Asian Scientists and Engineers to foster professional development and support the leadership pipeline for Asian and Pacific Islander (API) professionals. The company also runs the RTX ASPIRES employee resource group, which is designed to support and unite its global API community. Furthermore, Raytheon engages in public policy debates at various governmental levels to educate and inform officials on policy issues relevant to its business objectives, reflecting its active role in shaping public discourse and industry standards.