COVID Stimulus Watch Individual Entry

Individual Award Data

Recipient Company:
Raytheon Technologies Corp
Parent Company: Raytheon Technologies
Award Date: Aug 10, 2020
Award Type: loan
Loan or Loan Guarantee Amount: $5,469,822
Awarding Agency: Federal Reserve
Program Name: Secondary Market Corporate Credit Facility
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Data Source for Award:

Parent Company Data

Ownership Structure: publicly traded (ticker symbol RTX)
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 icon
Employment-related Penalties: $8,894,190
Contracting icon
Government-contracting-related Penalties: $12,475,790
Environment icon
Environmental / Healthcare / Safety Penalties: $307,026
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $151,900,000
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 282 to 1
CEO Compensation: $19,478,590
Worker Median Pay: $76,417
Tax icon
Total Federal, State, and Local Subsidies: $1,519,869,085
Federal Corporate Income Tax Rate: 8.3%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources