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61-551: China International Aviation & Aerospace Exhibition ( 中国国际航空航天博览会 ), also known as the Airshow China ( 中国航展 ) and Zhuhai Airshow ( 珠海航展 ), is a once-two-year international aerospace trade expo held in Zhuhai , Guangdong , since 1996. It is the largest airshow in China . The first Airshow China was held from 5 to 10 November 1996. Performances included: The second Airshow China

122-705: A $ 5.6 billion deal to upgrade its Patriot missile-defence shield, and in 2017, Saudi Arabia signed business deals worth billions of dollars with multiple American companies, including Raytheon. In February 2020, Raytheon completed the first radar antenna array for the US Army's new missile defense radar, known as the Lower Tier Air and Missile Defense Sensor (LTAMDS), to replace the service's Patriot air and missile defense system sensor. In 1929, William Boeing 's Boeing Airplane & Transport Corporation teamed up with Frederick Rentschler 's Pratt & Whitney to form

183-677: A component of the Dow Jones Industrial Average on March 4, 1939, when United Aircraft and AT&T were added to replace Nash Motors and International Business Machines . The company and its successors remained a component of the Dow Jones Industrial Average through August 2020. It was announced that starting August 31, 2020, Raytheon Technologies would be substituted in the Dow Jones Industrial Average by Honeywell International . During World War II, United Aircraft ranked sixth among United States corporations in

244-471: A contract to build 3DELRR, a next-generation long-range radar system, for the US Air Force worth an estimated $ 1 billion. The contract award involved the construction of next-generation radar that can track aircraft, missiles, and remotely piloted aircraft. It was immediately protested by Raytheon's competitors. After re-evaluating the bids following the protests, the US Air Force decided to delay awarding

305-660: A more serious scientific discipline. Airmen like Otto Lilienthal , who introduced cambered airfoils in 1891, used gliders to analyze aerodynamic forces . The Wright brothers were interested in Lilienthal's work and read several of his publications. They also found inspiration in Octave Chanute , an airman and the author of Progress in Flying Machines (1894). It was the preliminary work of Cayley, Lilienthal, Chanute, and other early aerospace engineers that brought about

366-470: A move to support UTC's Fire & Security unit . In September 2011, UTC acquired an $ 18.4 billion deal (including $ 1.9 billion in net debt assumed) for aircraft components maker Goodrich Corporation . In July 2012, United Technologies acquired Goodrich and merged it with Hamilton Sundstrand , forming UTC Aerospace Systems . In November 2018, UTC acquired Rockwell Collins for $ 23 billion ($ 30 billion including Rockwell Collins' net debt). As part of

427-524: A part of the general safety of a system or a piece of equipment. It implies that the system or equipment can be operated properly and without causing any danger, risk, damage or injury. Functional safety is crucial in the aerospace industry, which allows no compromises or negligence. In this respect, supervisory bodies, such as the European Aviation Safety Agency (EASA), regulate the aerospace market with strict certification standards. This

488-451: A part. This certification guarantees that a part was repaired or overhauled to meet OEM specifications. Once a part is overhauled its value is determined from the supply and demand of the aerospace market. When an airline has an aircraft on the ground , the part that the airline requires to get the plane back into service becomes invaluable. This can drive the market for specific parts. There are several online marketplaces that assist with

549-415: A provider of security operations centers, managed security service solutions and cybersecurity professional services, for $ 62 million. In January 2016, Raytheon|Websense acquired the firewall provider Stonesoft from Intel Security for an undisclosed amount and renamed itself to Forcepoint. In July 2016, Poland's Defence Minister Antoni Macierewicz planned to sign a letter of intent with Raytheon for

610-563: A sharp increase in interim sales and profits. On June 7, 2022, the company announced plans to move its global headquarters to Arlington, Virginia . The move was completed in July. In January 2023, Raytheon Technologies announced it would combine its missiles and defense division and intelligence and space division into a single business unit, effective July 1. The reorganization created three divisions at Raytheon Technologies: Collins Aerospace, Pratt & Whitney, and Raytheon. The reorganization

671-595: A type of radio-receiver power supply that plugged into the power grid in place of large batteries . This made it possible to convert household alternating current to direct current for radios and thus eliminate the need for expensive, short-lived batteries. In 1925, the company changed its name to Raytheon Manufacturing Company and began marketing its rectifier under the Raytheon brand name, with commercial success. In 1928, Raytheon merged with Q.R.S. Company, an American manufacturer of electron tubes and switches, to form

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732-425: A variety of different fields including medicine, transportation, energy, consumer goods, public safety and more. NASA publishes an annual report called "Spinoffs", regarding many of the specific products and benefits to the aforementioned areas in an effort to highlight some of the ways funding is put to use. For example, in the most recent edition of this publication, "Spinoffs 2015", endoscopes are featured as one of

793-615: Is a large military contractor, getting much of its revenue from the U.S. government. The company was formed in 2020 by a merger of equals between the aerospace subsidiaries of United Technologies Corporation (UTC) and the Raytheon Company . Before the merger, UTC spun off its non-aerospace subsidiaries Otis Elevator Company and Carrier Corporation . UTC is the nominal survivor of the merger but it changed its name to Raytheon Technologies and moved its headquarters to Waltham, Massachusetts. Former UTC CEO and chairman Gregory J. Hayes

854-634: Is an American multinational aerospace and defense conglomerate headquartered in Arlington, Virginia . It is one of the largest aerospace and defense manufacturers in the world by revenue and market capitalization, as well as one of the largest providers of intelligence services. In 2023, the company's seat in Forbes Global 2000 was 79. RTX manufactures aircraft engines , avionics , aerostructures , cybersecurity solutions, guided missiles , air defense systems , satellites , and drones . The company

915-464: Is chairman and CEO of the combined company, which changed its name to RTX in July 2023. The company has three subsidiaries: Collins Aerospace , Pratt & Whitney , and Raytheon (formerly Raytheon Intelligence & Space and Raytheon Missiles & Defense ). The Raytheon Company was founded in 1922 in Cambridge, Massachusetts , by Laurence K. Marshall, Vannevar Bush , and Charles G. Smith as

976-605: Is meant to reach and ensure the highest possible level of safety. The standards AS 9100 in America, EN 9100 on the European market or JISQ 9100 in Asia particularly address the aerospace and aviation industry. These are standards applying to the functional safety of aerospace vehicles. Some companies are therefore specialized in the certification, inspection verification and testing of the vehicles and spare parts to ensure and attest compliance with

1037-485: The American Appliance Company . Its focus, which was originally on new refrigeration technology, soon shifted to electronics . The company's first product was a gaseous ( helium ) rectifier that was based on Charles Smith's earlier astronomical research of the star Zeta Puppis . The electron tube was christened with the name Raytheon ("light of/from the gods" ) and was used in a battery eliminator ,

1098-519: The CK722 , priced for and marketed to hobbyists. Under the direction of Thomas L. Phillips in 1965, it acquired Amana Refrigeration , Inc., a manufacturer of refrigerators and air conditioners . Using the Amana brand name and its distribution channels, Raytheon began selling the first countertop household microwave oven in 1967 and became a dominant manufacturer in the microwave oven business. In 1991, during

1159-718: The National Aerospace Laboratories and the Indian Space Research Organisation are headquartered. The Indian Space Research Organisation (ISRO) launched India's first Moon orbiter, Chandrayaan-1 , in October 2008. In Russia, large aerospace companies like Oboronprom and the United Aircraft Building Corporation (encompassing Mikoyan , Sukhoi , Ilyushin , Tupolev , Yakovlev , and Irkut which includes Beriev ) are among

1220-686: The Persian Gulf War , Raytheon's Patriot missile received great international exposure. It was credited for downing Iraqi Scud missiles . The exposure resulted in a substantial increase in sales for the company outside the United States. By 2006, Raytheon reported $ 283.9 million in global revenues for its Patriot missile system. In an effort to establish leadership in the defense electronics business, Raytheon purchased in quick succession Dallas-based E-Systems (1995); Chrysler Corporation 's defense electronics and aircraft-modification businesses, and

1281-580: The Pratt & Whitney JT9D for the Boeing 747 . In 1974, Harry Jack Gray left Litton Industries to become the CEO of United Aircraft. He pursued a strategy of growth and diversification, changing the parent corporation's name to United Technologies Corporation (UTC) in 1975 to reflect the intent to diversify into numerous high tech fields beyond aerospace. (The change became official on May 1, 1975.) The diversification

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1342-510: The United Aircraft and Transport Corporation , a large, vertically integrated , amalgamated firm, uniting business interests in all aspects of aviation —a combination of aircraft engine and airframe manufacturing and airline business, to serve all aviation markets, both civil aviation (cargo, passenger, private , air mail ) and military aviation . After the Air Mail scandal of 1934,

1403-1361: The government , such as National Aeronautics and Space Administration in the United States, European Space Agency in Europe, the Canadian Space Agency in Canada, Indian Space Research Organisation in India, Japan Aerospace Exploration Agency in Japan, Roscosmos State Corporation for Space Activities in Russia, China National Space Administration in China, SUPARCO in Pakistan, Iranian Space Agency in Iran, and Korea Aerospace Research Institute in South Korea. Along with these public space programs, many companies produce technical tools and components such as spacecraft and satellites . Some known companies involved in space programs include Boeing , Cobham , Airbus , SpaceX , Lockheed Martin , RTX Corporation , MDA and Northrop Grumman . These companies are also involved in other areas of aerospace, such as

1464-480: The 3DELRR EMD contract until 2017 and was to issue an amended solicitation at the end of July 2016. In 2017 the Air Force again awarded the contract to Raytheon. In May 2015, Raytheon acquired cybersecurity firm Websense, Inc. from Vista Equity Partners for $ 1.9 billion and combined it with RCP, formerly part of its IIS segment to form Raytheon|Websense. In October 2015, Raytheon|Websense acquired Foreground Security,

1525-537: The European Union, aerospace companies such as Airbus SE , Safran , Thales , Dassault Aviation , Leonardo and Saab AB account for a large share of the global aerospace industry and research effort, with the European Space Agency as one of the largest consumers of aerospace technology and products. In India, Bangalore is a major center of the aerospace industry, where Hindustan Aeronautics Limited ,

1586-604: The New York Stock Exchange under the ticker RTX. On July 28, 2020, the company announced cutting of over 8,000 jobs in its commercial aviation division due to travel slowdown induced by the global COVID-19 pandemic . In December 2020, the Board of Directors authorized a $ 5 billion repurchase of common stock. In 2022, during the Russian invasion of Ukraine , major arms manufacturers, including Raytheon Technologies, reported

1647-652: The Swedish Air Force—;especially in support of its position as a neutral country. (See Saab AB .) Other European countries either team up in making fighters (such as the Panavia Tornado and the Eurofighter Typhoon ), or else to import them from the United States. Pakistan has a developing aerospace engineering industry. The National Engineering and Scientific Commission , Khan Research Laboratories and Pakistan Aeronautical Complex are among

1708-703: The U.S. government concluded that such large holding companies as United Aircraft and Transport were anti-competitive, and new antitrust laws were passed forbidding airframe or engine manufacturers from having interests in airlines. United Aircraft Corporation was formed in 1934 from United Aircraft and Transport's manufacturing interests east of the Mississippi River (Pratt & Whitney, Sikorsky, Vought, and Hamilton Standard Propeller Company), headquartered in Hartford with Frederick Rentschler , founder of Pratt & Whitney, as president. United Aircraft became

1769-532: The United States and Europe to fill these needs. However Canada still manufactures some military aircraft although they are generally not combat capable. Another notable example was the late 1950s development of the Avro Canada CF-105 Arrow , a supersonic fighter-interceptor whose 1959 cancellation was considered highly controversial. France has continued to make its own warplanes for its air force and navy, and Sweden continues to make its own warplanes for

1830-522: The United States. However, the UK has a very active aerospace sector, with major companies such as BAE Systems , supplying fully assembled aircraft, aircraft components, sub-assemblies and sub-systems to other manufacturers, both in Europe and all over the world. Canada has formerly manufactured some of its own designs for jet warplanes, etc. (e.g. the CF-100 fighter), but for some decades, it has relied on imports from

1891-405: The appropriate regulations. Spinoffs refer to any technology that is a direct result of coding or products created by NASA and redesigned for an alternate purpose. These technological advancements are one of the primary results of the aerospace industry, with $ 5.2 billion worth of revenue generated by spinoff technology, including computers and cellular devices. These spinoffs have applications in

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1952-472: The capability to design and manufacture both armed and unarmed unmanned aerial vehicles . In the People's Republic of China, Beijing , Xi'an , Chengdu , Shanghai , Shenyang and Nanchang are major research and manufacture centers of the aerospace industry. China has developed an extensive capability to design, test and produce military aircraft, missiles and space vehicles. Despite the cancellation in 1983 of

2013-488: The commodity selling of aircraft parts. In the aerospace and defense industry, much consolidation occurred at the end of the 20th century and in the early 21st century. Between 1988 and 2011, more than 6,068 mergers and acquisitions with a total known value of US$ 678 billion were announced worldwide. The largest transactions have been: Multiple technologies and innovations are used in aerospace, many of them pioneered around World War II : Functional safety relates to

2074-403: The company was responsible for about 80 percent of all magnetrons manufactured. During the war, Raytheon also pioneered the production of shipboard radar systems, particularly for submarine detection. Raytheon ranked 71st among United States corporations in the value of World War II military production contracts. In 1945, Raytheon's Percy Spencer invented the microwave oven by discovering that

2135-607: The construction of aircraft. Modern aerospace began with Engineer George Cayley in 1799. Cayley proposed an aircraft with a "fixed wing and a horizontal and vertical tail," defining characteristics of the modern aeroplane. The 19th century saw the creation of the Aeronautical Society of Great Britain (1866), the American Rocketry Society, and the Institute of Aeronautical Sciences , all of which made aeronautics

2196-580: The deal, Pratt and Whitney and the newly-formed Collins Aerospace remained under United Technologies, while Otis Elevator and UTC Climate, Controls & Security (doing business as Carrier ) were spun off as two independent companies. The spin off was completed in March 2020. In June 2019, United Technologies announced the intention to merge with the Raytheon Company. The combined company, valued at more than $ 100 billion after planned spinoffs, would be

2257-436: The defense unit of Texas Instruments , Defense Systems & Electronics Group (1997). The businesses were purchased for $ 2.3 billion and $ 2.95 billion, respectively. Also in 1997, Raytheon acquired the aerospace and defense business of Hughes Aircraft Company from Hughes Electronics Corporation , a subsidiary of General Motors , which included a number of product lines previously purchased by Hughes Electronics, including

2318-406: The ending of the air are proposed as 100km (62mi) above the ground according to the physical explanation that the air density is too low for a lifting body to generate meaningful lift force without exceeding orbital velocity. In most industrial countries, the aerospace industry is a cooperation of the public and private sectors. For example, several states have a civilian space program funded by

2379-399: The experimental Shanghai Y-10 , China is still developing its civil aerospace industry. The aircraft parts industry was born out of the sale of second-hand or used aircraft parts from the aerospace manufacture sector. Within the United States there is a specific process that parts brokers or resellers must follow. This includes leveraging a certified repair station to overhaul and "tag"

2440-837: The fire and security business by purchasing Chubb Security . In 2004, UTC acquired the Schweizer Aircraft Corporation which planned to operate as a wholly owned subsidiary under their Sikorsky Aircraft division. In 2005, UTC further pursued its stake in the fire and security business by purchasing Kidde . Also in 2005, UTC acquired Boeing's Rocketdyne division, which was merged into the Pratt & Whitney business unit and renamed Pratt & Whitney Rocketdyne (later sold to Aerojet and merged into Aerojet Rocketdyne ). In November 2008, UTC's Carrier Corporation acquired NORESCO, an energy service company . In 2010, UTC conducted its largest acquisition to date, General Electric 's security equipment business for US$ 1.8 billion,

2501-599: The first crewed Moon landing. In April 1981, the Space Shuttle Columbia launched, the start of regular crewed access to orbital space. A sustained human presence in orbital space started with " Mir " in 1986 and is continued by the " International Space Station ". Space commercialization and space tourism are more recent features of aerospace. Aerospace manufacturing is a high-technology industry that produces "aircraft, guided missiles, space vehicles, aircraft engines, propulsion units, and related parts". Most of

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2562-648: The first powered sustained flight at Kitty Hawk, North Carolina on December 17, 1903, by the Wright brothers. War and science fiction inspired scientists and engineers like Konstantin Tsiolkovsky and Wernher von Braun to achieve flight beyond the atmosphere. World War II inspired Wernher von Braun to create the V1 and V2 rockets. The launch of Sputnik 1 in October 1957 started the Space Age , and on July 20, 1969 Apollo 11 achieved

2623-663: The former General Dynamics missile business (Pomona facility), the defense portion of Delco Electronics (Delco Systems Operations), and Magnavox Electronic Systems . Raytheon also divested itself of several nondefense businesses in the 1990s, including Amana Refrigeration and Seismograph Service Ltd (sold to Schlumberger - Geco-Prakla ). In November 2007, Raytheon purchased robotics company Sarcos , and in October 2009, Raytheon acquired BBN Technologies . In December 2010, Applied Signal Technology agreed to be acquired by Raytheon for $ 490 million. In October 2014, Raytheon beat rivals Lockheed Martin and Northrop Grumman for

2684-1053: The industrial sector with fresh workers, apprenticeship programs like the Aerospace Joint Apprenticeship Council (AJAC) collaborate with community colleges and aerospace firms in Washington state. Important locations of the civilian aerospace industry worldwide include Washington state ( Boeing ), California ( Boeing , Lockheed Martin , etc.) and Montreal, Quebec , Canada ( Bombardier , Pratt & Whitney Canada ) in North America ; Toulouse , France ( Airbus SE ) and Hamburg , Germany ( Airbus SE ) in Europe ; as well as São José dos Campos , Brazil ( Embraer ), Querétaro , Mexico (Bombardier Aerospace, General Electric Aviation) and Mexicali , Mexico (United Technologies Corporation, Gulfstream Aerospace ) in Latin America . In

2745-591: The industry is geared toward governmental work. For each original equipment manufacturer (OEM), the US government has assigned a Commercial and Government Entity (CAGE) code . These codes help to identify each manufacturer, repair facilities, and other critical aftermarket vendors in the aerospace industry. In the United States, the Department of Defense and the National Aeronautics and Space Administration (NASA) are

2806-551: The magnetron could rapidly heat food. In 1947, the company demonstrated the Radarange microwave oven for commercial use. After the war, Raytheon developed the first guidance system for a missile that could intercept a flying target. In 1948, Raytheon began to manufacture guided missiles , including the SAM-N-2 Lark , and eventually the air-to-air AIM-7 Sparrow , and the ground-to-air MIM-23 Hawk missiles. In 1959, Raytheon acquired

2867-413: The major global players in this industry. The historic Soviet Union was also the home of a major aerospace industry. The United Kingdom formerly attempted to maintain its own large aerospace industry, making its own airliners and warplanes, but it has largely turned its lot over to cooperative efforts with continental companies, and it has turned into a large import customer, too, from countries such as

2928-425: The marine electronics company Apelco Applied Electronics, which significantly increased its strength in commercial marine navigation and radio gear, and changed its name to Raytheon Company. During the post-war years, Raytheon also made generally low- to medium-powered radio and television transmitters and related equipment for the commercial market. In the 1950s, Raytheon began manufacturing transistors , including

2989-551: The medical derivations of aerospace achievement. This device enables more precise and subsequently cost-effective neurosurgery by reducing complications through a minimally invasive procedure that abbreviates hospitalization. "These NASA technologies are not only giving companies and entrepreneurs a competitive edge in their own industries, but are also helping to shape budding industries, such as commercial lunar landers ," said Daniel Lockney. RTX Corporation RTX Corporation , formerly Raytheon Technologies Corporation ,

3050-528: The premier organizations involved in research and development in this sector. Pakistan has the capability of designing and manufacturing guided rockets, missiles and space vehicles. The city of Kamra is home to the Pakistan Aeronautical Complex which contains several factories. This facility is responsible for manufacturing the MFI-17 , MFI-395 , K-8 and JF-17 Thunder aircraft. Pakistan also has

3111-465: The successor of the same name, Raytheon Manufacturing Company. By the 1930s, it had already grown to become one of the world's largest vacuum tube manufacturing companies. In 1933 it diversified by acquiring Acme-Delta Company, a producer of transformers , power equipment, and electronic auto parts . During World War II, Raytheon mass-manufactured magnetron tubes for use in microwave radar sets and then complete radar systems . At war's end in 1945,

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3172-633: The two largest consumers of aerospace technology and products. Others include the very large airline industry. The aerospace industry employed 472,000 wage and salary workers in 2006. Most of those jobs were in Washington state and in California, with Missouri , New York and Texas also being important. The leading aerospace manufacturers in the U.S. are Boeing , United Technologies Corporation , SpaceX , Northrop Grumman and Lockheed Martin . As talented American employees age and retire, these manufacturers face an expanding labor shortfall. In order to supply

3233-409: The value of wartime production contracts. At the close of the war, United Aircraft entered the emerging markets for jet engines and helicopters , via Pratt & Whitney and Sikorsky, respectively. In the 1950s, United Aircraft began developing jet engines, including the Pratt & Whitney J57 , the most powerful jet engine on the market for some years. In the 1960s, Pratt & Whitney produced

3294-641: The weight of losses incurred by the commercial M&A side of the business. Although M&A activity was not new to United Aircraft, the M&;A activity of the 1970s and 1980s was higher-stakes and arguably unfocused. Rather than aviation being the central theme of UTC businesses, high tech (of any type) was the new theme. Some Wall Street watchers questioned the true value of M&A at almost any price, seemingly for its own sake. In 1999, UTC acquired Sundstrand Corporation and merged it into UTC's Hamilton Standard unit to form Hamilton Sundstrand . In 2003, UTC entered

3355-565: The world's second-largest aerospace-and-defense company by sales behind Boeing. Although UTC was the legal survivor, the merged company took the name Raytheon Technologies and based its headquarters at Raytheon's former campus in Waltham, Massachusetts , rather than UTC's former base in Farmington, Connecticut . The merger was completed in April 2020. Raytheon Technologies began trading at $ 51 per share, on

3416-606: Was held from 15 to 22 November 1998. Performances included: The third Airshow China was held from 6 to 12 November 2000. Performances included: The fourth Airshow China was held from 3 to 7 November 2002. The fifth Airshow China was held from 1 to 7 November 2004. Yang Liwei was present. Performances included: The sixth Airshow China was held from 31 October to 5 November 2006. The first three days were corporate days and not open to public. The remaining three days were public days. Over 30 countries and 600 aviation companies took part. Performances included: The seventh Airshow China

3477-503: Was held from 4 to 9 November 2008. Some 4 billion U.S. dollars worth of deals were signed at the six-day event, including one involving Commercial Aircraft Corp. of China (COMAC) selling 25 ARJ21-700 regional jets to GE Commercial Aviation Services of the United States (first delivery by 2013). Additionally, the Chengdu J-10 and Xi'an JH-7 A both made their first public appearances. Other performances included: The eighth Airshow China

3538-467: Was held in Zhuhai from 16 to 21 November 2010. It included: The ninth Airshow China was held from 13 to 18 November 2012 and included: The tenth Airshow China was held from 11 to 16 November 2014. The eleventh Airshow China was held from 1 to 6 November 2016 and included: The twelfth Airshow China was held from 6 to 11 November 2018 and included presentation of: Originally scheduled to happen in 2020, it

3599-506: Was partially to balance civilian business against any overreliance on military business. UTC became a mergers and acquisitions (M&A)–focused organization, with various forced takeovers of unwilling smaller corporations. The next year (1976), UTC forcibly acquired Otis Elevator . In 1979, Carrier Refrigeration was acquired; At one point the military portion of UTC's business, whose sensitivity to "excess profits" and boom/bust demand drove UTC to diversify away from it, actually carried

3660-549: Was postponed to the following year due to the COVID-19 pandemic . The thirteenth Airshow China was held from 28 September to 3 October 2021. A total of 700 companies have participated in the event online and offline, with more than 100 aircraft exhibited: The fourteenth Airshow China was held from 8 November to 13 November 2022. [REDACTED] Media related to China International Aviation & Aerospace Exhibition at Wikimedia Commons Aerospace The beginning of space and

3721-738: Was preceded by the rebranding to RTX in June 2023. In July 2023, Raytheon Technologies Corporation changed its name to RTX Corporation. RTX's supply of weapons to Israel led to protests against the company during the 2023 Israel–Hamas war . On December 14, 2023, for example, protestors blocked the entrance to an RTX facility in Arizona. In early 2024, 15 people were arrested after blocking access to RTX and BAE Systems facilities in Louisville, Kentucky in protest against supplying weapons to Israel. In December 2023, RTX announced that CEO Greg Hayes would step down

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