5 Most Valuable Aerospace Companies in the World

3. Raytheon Technologies Corporation (NYSE: RTX)

Market Cap: $131.5 billion
Total Revenue: $56.6 billion

Raytheon Technologies Corporation (NYSE: RTX) is an American multinational aerospace and defense conglomerate holding company based in Waltham, Massachusetts. Raytheon Technologies Corporation (NYSE: RTX) is one of the largest aerospace and defense companies in the world by revenue and market capitalization, which is why it is among the top 3 of the 15 most valuable aerospace companies in the world. The company operates through four divisions: Pratt and Whitney, Collins Aerospace Systems, Raytheon Intelligence and Space, and Raytheon Missiles and Defense. The Pratt and Whitney division design and manufactures aircraft engines and gas turbines. Collins Aerospace Systems designs and builds aerospace systems for commercial, regional, corporate, and military aircraft, and is also a major supplier for international space programs. Raytheon Intelligence and Space develops and provides communication systems for missions, training, and cyber solutions to intelligence, defense, federal, and commercial customers. The Missiles and Defense division, as its name suggests, develops, produces, and provides integrated air and missile defense systems.

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