In the fiscal year of 2023, Raytheon Technologies Corporation's spending on research and development reached over 2.8 billion U.S. dollars. The company was formed after the merger of United Technologies Corporation (UTC) and Raytheon Company in April 2020.
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Raytheon Technologies Corporation's research and development costs from FY 2011 to FY 2023
(in billion U.S. dollars)
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Raytheon Technologies Corporation's research and development costs from FY 2011 to FY 2023
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The figures through 2011 were restated to reflect results from continuing operations consistent with the 2014 value. Figures for 2011 through 2020 were taken from previous annual reports, published by UTC. The values have been rounded.
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Raytheon Technologies. (February 11, 2024). Raytheon Technologies Corporation's research and development costs from FY 2011 to FY 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 19, 2025, from https://www.statista.com/statistics/261825/research-and-development-costs-of-united-technologies/
Raytheon Technologies. "Raytheon Technologies Corporation's research and development costs from FY 2011 to FY 2023 (in billion U.S. dollars)." Chart. February 11, 2024. Statista. Accessed June 19, 2025. https://www.statista.com/statistics/261825/research-and-development-costs-of-united-technologies/
Raytheon Technologies. (2024). Raytheon Technologies Corporation's research and development costs from FY 2011 to FY 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 19, 2025. https://www.statista.com/statistics/261825/research-and-development-costs-of-united-technologies/
Raytheon Technologies. "Raytheon Technologies Corporation's Research and Development Costs from Fy 2011 to Fy 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 11 Feb 2024, https://www.statista.com/statistics/261825/research-and-development-costs-of-united-technologies/
Raytheon Technologies, Raytheon Technologies Corporation's research and development costs from FY 2011 to FY 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/261825/research-and-development-costs-of-united-technologies/ (last visited June 19, 2025)
Raytheon Technologies Corporation's research and development costs from FY 2011 to FY 2023 (in billion U.S. dollars) [Graph], Raytheon Technologies, February 11, 2024. [Online]. Available: https://www.statista.com/statistics/261825/research-and-development-costs-of-united-technologies/
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