s the war in Russia and Ukraine raged in 2022 and 2023, the demand for defense systems and machinery skyrocketed. In December, Raytheon Technologies’ defense subsidiary won a $1.2 billion contract from the U.S. Army to supply six of its
to Ukraine. Such demand over the past year helped the Arlington, Virginia-based parent rake in almost $68.6 billion in sales and $5.5 billion in profit in 2022, helping it secure the 79th position of theGlobal 2000 list, a ranking of the largest public companies worldwide, and become the only aerospace business in the top 100.