Raytheon

RTX Corporation generated over $68 billion in revenue in 2023, with defense contracts accounting for the bulk—roughly 55–60%—of total income.

The Raytheon division alone brings in around $30 billion annually, heavily driven by high-volume, high-margin missile systems like the AIM-120 AMRAAM, NASAMS, and Patriot interceptors, each unit often priced in the hundreds of thousands to millions of dollars.

Pratt & Whitney contributes close to $20 billion, fueled by both military jet engine programs (like the F135 for the F-35) and lucrative commercial engine servicing deals, which generate recurring revenue streams for decades post-sale.

Collins Aerospace adds another $18+ billion through avionics, sensors, and systems integration.

RTX's net income in 2023 was around $6 billion, with defense exports, sustainment contracts, and proprietary tech packages forming the financial backbone.

The company's vertically integrated model and government-backed contracts make it one of the most stable profit engines in the sector.