Discontinued — last reported Q2 '23
Raytheon Technologies Raytheon Missiles & Defense — Operating Income (Loss) increased by 26.5% to $415.00M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 19.3%, from $348.00M to $415.00M. This is a positive signal — higher values indicate stronger performance for this metric.
An increase reflects improved program margins, cost control, or higher volume, while a decrease suggests operational inefficiencies or cost overruns.
This measures the core profitability of the defense and missile systems segment by subtracting operating expenses from s...
Comparable to 'Segment Operating Income' reported by other defense prime contractors like Lockheed Martin or Northrop Grumman.
rtx_segment_raytheon_missiles_defense_operating_income_loss| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $532.00M | $490.00M | $387.00M | $348.00M | $408.00M | $328.00M | $415.00M |
| QoQ Change | — | -7.9% | -21.0% | -10.1% | +17.2% | -19.6% | +26.5% |
| YoY Change | — | — | — | -34.6% | -16.7% | -15.2% | +19.3% |