Raytheon

Raytheon is involved in production of US ground and air launched nuclear armed missiles and was chosen as prime contractor for the new Long Range Standoff weapon. Currently, Raytheon is connected to at least US$ 963.4 million in nuclear weapon related contracts, running through 2022.  The merger with United Technologies corporation results in at least another US$ 500 million in nuclear weapon related contracts.

Nuclear Weapons |  Investments (years compared) (2021) (2020)

Company Profile

Raytheon Technologies produces aviation, space and defence systems.1 The company is involved in the production of the Sentinel and the Long Range Standoff (LRSO) weapons system as well as the sustainment of the Minuteman programme for the US arsenal.    Raytheon reported sales over $64.4 billion in 2021.2 Raytheon and United Technologies merged in April 2020 to create Raytheon Technologies Corporation. The new company combines the aerospace and defence business from United Technologies and Raytheon.3 This profile reflects the merger.

Stock exchange listing

NYSE: RTX

Contact information

Raytheon Technologies Corporation                                                                                                      1000 Wilson Blvd.                                                                                                                                Arlington, VA 22209                                                                                                                +1.781.522.3000
Website: https://www.raytheon.com/
Facebook: http://www.facebook.com/raytheon
Instagram: http://instagram.com/raytheoncompany
LinkedIn: http://www.linkedin.com/company/raytheon
Twitter: http://www.twitter.com/raytheon
YouTube: http://www.youtube.com/raytheoncompany

Nuclear weapons

In July 2021, Raytheon Technologies received a $2 billion, 6-year contract from the US Air Force Nuclear Weapons Center at Eglin Air Force Base for continued development and manufacture of the Long Range Standoff (LRSO) weapons system.4

Collins Aerospace, a Raytheon Technologies unit, will build the secondary launch platform-airborne system for the Sentinel, the new US Ground Based Strategic Deterrent. This key component for nuclear weapons command and control also works with the existing Minuteman III system.5

Raytheon was awarded a contract in 2013 for logistic support, installation, and sustainment of Minuteman MEECN (Minimum Essential Emergency Communication Network) programme and the Minuteman MEECN programme upgrade. The contract is valued at $75 million and will run until at least April 2023. 6

In September 2022, Raytheon was also awarded a contract for the design, development and initial delivery of the Hypersonic Attack Cruise Missile (HACM).7 At this stage of the research and development it is still unclear whether those new missiles will carry a nuclear or conventional payload.

Investments

Investments compared

Click on the institution to see if and how they've invested in the past. Red indicates a new investor in 2021. Green indicates investors that ended their involvement by 2021.

2022 Investments

2022

[table id=59/]
2021 Investments

2021

53 Financial institutions made $95,950 million available in the research period January 2019- January 2021.

All forms of financing meeting the definition of substantive financial relationships are included in the report. This comprises financial institutions participating in loans and underwriting deals since 1 January 2019, as well as those involved in loans which have been closed before that date but have not yet matured before 1 October 2020. For (managing) investments in shares or bonds of arms companies, a group-level threshold of at least 0.5% of the outstanding shares or bonds at most recent filing dates is applied per financial institution.

2020 Investments

2020

53 Financial institutions made $29,286.6 million available in the research period January 2018-2020.

Last updated: 2023-07-06 14:55:09

Notes

  1. What we do (2022) | Raytheon Technologies. Available at:  https://www.rtx.com/our-company/what-we-do.
  2. ‘Advancing the edge of innovation for a safer, more connected world. 2021 Annual Report’, Raytheon Technologies (2022), p. 35. Available at:  https://investors.rtx.com/static-files/d6a4fbd3-d8df-40dd-b278-019fb954dfc0.
  3. United Technologies and Raytheon Complete Merger of Equals Transaction. Raytheon Technologies, 3 April 2020. Available at: https://www.rtx.com/news/2020/04/03/united-technologies-and-raytheon-complete-merger-of-equals-transaction.
  4. Contracts for July 1, 2021 (2021) U.S. Department of Defense. Available at: https://www.defense.gov/News/Contracts/Contract/Article/2680485// (Accessed: 7 October 2022).
  5. Napoli, Jessica, Collins Aerospace to deliver launch platform for ICBM modernization program. Collins Aerospace, 9 November 2020. Available at: https://www.collinsaerospace.com/newsroom/News/2020/11/Collins-deliver-launch-platform-ICBM-modernization-program.
  6. CONTRACT to RAYTHEON COMPANY | USAspending, 27 September 2013. Available at: https://www.usaspending.gov/award/CONT_AWD_FA820413C0009_9700_-NONE-_-NONE- (Accessed: 18 October 2022).
  7. Contracts for September 22 2022, 2022 (2022) U.S. Department of Defense. Available at: https://www.defense.gov/News/Contracts/Contract/Article/3168041/ (Accessed: 18 October 2022).