To grasp why surprises like the coronavirus pandemic will not be able to hold it back, analysts need to understand the new enterprise’s five core features: scale, focus, depth, diversity and resilience.When those military lines are combined with the robust commercial portfolios of Collins and Pratt in the merged enterprise, what emerges is the second-biggest aerospace and defense company in the world. Depth: Raytheon Technologies will have 195,000 employees, the vast majority of whom are highly skilled (production of commodity items was outsourced years ago). A senior Raytheon executive told me this week that planners expect a rapid acceleration in innovation arising out of the new enterprise’s technical depth and resources.Raytheon traces its origins to the dawn of home radio in the 1920s, and it too grew into an industrial conglomerate (Amana radar ranges among other lines) before bulking up on defense at the end of the Cold War. United Technologies began its history as United Aircraft after the government in 1934 forced the breakup of a trust that included Boeing and United Airlines. I have also taught at Harvard University's Kennedy School of Government. If you have an account on Fidelity.com, use the same username and password. Its defense portfolio eventually included the products of such legendary military contractors as Hughes Aircraft and E-Systems, while its commercial lines were sold off.I focus on the strategic, economic and business implications of defense spending as the Chief Operating Officer of the non-profit Lexington Institute and Chief ExecutiveThe newly-minted Raytheon Technologies (stock symbol: RTX) really will transform the aerospace and defense landscape, becoming a dominant global supplier to military, commercial and civil customers. A generation later, the company’s commercial fortunes had improved so much that what the business mix most needed was a bigger role in defense—which is what Raytheon delivers.And while business conditions have changed a lot since the merger was first disclosed, in some ways the changes make a more compelling case for getting together. Raytheon Technologies Investor Call Raytheon Technologies intends to hold an investor call to discuss United Technologies and Raytheon Q1 results on May 7, 2020 at 8:30am. And no other company in the defense sector can claim broader expertise in digital radar, electronic warfare, hypersonic weapons and cybersecurity. Benefits information above is provided anonymously by current and former Raytheon Technologies employees, and may include a summary provided by the employer. You are now leaving RTX.com and entering a website that RTX does not control. Nobody was saying much about sector consolidation a year ago. For example, on a Boeing 787, it provides electrical power, environmental controls, fuel measurement, braking, displays, lighting, seating, oxygen, fire suppression, thrust reversers, and cargo systems. Raytheon Technologies is proud to be an equal opportunity employer, MF/D/V. Learn about Raytheon Technologies Employee Assistance Program, including a description from the employer, and comments and ratings provided anonymously by current and former Raytheon Technologies employees.

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