Raytheon Technologies : Helping the Republic of Korea show its readiness for OPCON transfer
October 19, 2021 at 02:31 pm EDT
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Raytheon Technologies has more than 100 employees local to the Republic of Korea and continues to invest in its presence there, particularly in defense. Collins Aerospace has successfully supported many of the Korean indigenous aircraft programs including the T-50 Golden Eagle, the Korean Utility Helicopter (KUH-1), and the KF-21 fighter jet through the integration of mission-critical equipment and systems. Additionally, Pratt & Whitney powers many of the aircraft in the Republic of Korea Air Force's fighter fleet, including the F-15, F-16, and F-35.
"We will continue to serve the requirements of our aerospace and defense customers in the Republic of Korea and remain committed to growing our presence in the market," Chun said.
Raytheon Intelligence & Space, another Raytheon Technologies business, has about 70 employees in the ROK. Nearly half the 25 major programs in the business' five-year plan are tied to the Indo-Pacific region.
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Raytheon Technologies Corporation published this content on 19 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 October 2021 18:30:07 UTC.
RTX Corporation (formerly Raytheon Technologies Corporation) is among the world's leading aeronautics and defense groups. Net sales (including intragroup) break down by sector of activity as follows:
- aerial navigation systems (29.3%; Collins Aerospace): manufacturing of electrical, electronical and mechanical systems for aircrafts (compressors, airplane control, etc.), civil and military helicopters, etc.;
- aeronautics (29.2%; Pratt & Whitney): design and manufacturing of civil and military aircraft engines, gas turbines, rocket engines and propulsion systems;
- missile systems, and integrated air and anti-missile defense systems (21.1%; Raytheon Missiles & Defense): design and manufacturing of weapons systems, missiles, munitions, projectiles, radars systems, control and monitoring equipment, communication, information, detection and imaging systems, etc. ;
- aerospace systems (20.4%; Raytheon Intelligence & Space): production of radars, airborne sensors, tactical airborne communications systems, software-defined radio solutions, advanced tactical networking systems, cryptographic systems, real-time sensor networking systems, etc.
Net sales break down by source of revenue between sales of products (76.7%) and services (24.3%).
Net sales are distributed geographically as follows: the United States (86.3%), Europe (5.8%), Asia/Pacific (2.7%), North Africa and Middle East (0.2%) and other (5%).
RTX CORPORATION 
