COVID Stimulus Watch Individual Entry
Recipient Company:
Raytheon Technologies Corp
Loan or Loan Guarantee Amount:
$5,435,683
Recipient Details
Ownership Structure: publicly traded (ticker symbol NYSE: RTX)
Award Details
Award Date: Aug 10, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Raytheon Technologies
Headquartered in: Massachusetts
Parent Sector: aerospace and military contracting
Parent Industry: aerospace & military contracting
Employees (prior to pandemic): 243,200
Accountability Issues Since 2010
Employment-related Penalties: $8,908,190
Government-contracting-related Penalties: $12,991,415
Environmental / Healthcare / Safety Penalties: $374,946
Consumer Protection / Financial / Competition-related Penalties: $151,900,000
Ratio of CEO Pay to that of Median Worker: 282 to 1
CEO Compensation: $19,478,590
Worker Median Pay: $76,417
Total Federal, State, and Local Subsidies: $1,812,657,480
Federal Corporate Income Tax Rate: 8.3%
Violation Tracker
Environment / Safety Issues
Consumer Protection Issues