Raytheon announces realignment of business units

By Audrey Decker / January 24, 2023 at 11:47 AM
Raytheon Technologies announced in an earnings call this morning that it is reorganizing its business units -- promising to relieve "friction" in the company. The defense technology company will “realign” its business into three focused segments: Collins Aerospace, Raytheon and Pratt & Whitney, a move that will be implemented in the second half of this calendar year. “Our plan is to streamline our structure to a customer-centric organization with three focus segments: Collins Aerospace, Raytheon and Pratt & Whitney. This...

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