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Raytheon Technologies Reports Fourth Quarter 2020 Results, Announces 2021 Outlook
Exceeded 2020 cash conservation commitments
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WALTHAM, Mass., Jan. 26, 2021 /PRNewswire/ Raytheon Technologies Corp. (NYSE: RTX) reported fourth quarter 2020 and full year 2020 results, and announced its 2021 outlook.
Fourth quarter 2020
Sales of $16.4 billion; Adjusted sales of $16.6 billion
GAAP EPS from continuing operations of $0.10, which included $0.64 of net significant and/or non-recurring charges and acquisition accounting adjustments
Adjusted EPS of $0.74
Achieved $1.8 billion in cash conservation and $700 million in cost reduction actions
Robust defense backlog of $67.3 billion
Outlook for full year 2021
Sales of $63.4 - $65.4 billion
Adjusted EPS of $3.40 - $3.70
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The publisher brings years of research experience to this 9th edition of our report. The 282-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Helicopter Seating Market to Reach $4.2 Billion by 2027
Amid the COVID-19 crisis, the global market for Helicopter Seating estimated at US$2.1 Billion in the year 2020, is projected to reach a revised size of US$4.2 Billion by 2027, growing at a CAGR of 10.6% over the analysis period 2020-2027.
Passenger Seating, one of the segments analyzed in the report, is projected to record a 9.8% CAGR and reach US$1.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Crew Seating segment is readjusted to a revised 11.7% CAGR for the next 7-year period.
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ResearchAndMarkets.com s offering.
The publisher brings years of research experience to the 8th edition of this report. The 108-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Commercial Aircraft Autopilot System Market to Reach US$499.9 Million by the Year 2027
Amid the COVID-19 crisis, the global market for Commercial Aircraft Autopilot System estimated at US$344.1 Million in the year 2020, is projected to reach a revised size of US$499.9 Million by 2027, growing at a CAGR of 5.5% over the period 2020-2027.
Press release content from Business Wire. The AP news staff was not involved in its creation.
$344.1 Million Worldwide Commercial Aircraft Autopilot System Industry to 2027 - Impact of COVID-19 on the Market - ResearchAndMarkets.com
January 20, 2021 GMT
DUBLIN (BUSINESS WIRE) Jan 20, 2021
The publisher brings years of research experience to the 8th edition of this report. The 108-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
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Global Commercial Aircraft Autopilot System Market to Reach US$499.9 Million by the Year 2027
Amid the COVID-19 crisis, the global market for Commercial Aircraft Autopilot System estimated at US$344.1 Million in the year 2020, is projected to reach a revised size of US$499.9 Million by 2027, growing at a CAGR of 5.5% over the period 2020-2027.