Breeding prosperity, innovation and continued growth in the UK
In the U.K., creating and fielding new defence technology takes clear communication between the industry and government. That’s the approach of Raytheon Technologies, which uses a strong, collaborative dialogue with the U.K. government to inform the way the company innovates and meets the government's needs for building a strong talent pipeline, supporting exports and identifying new R&D initiatives.
“Because we have open lines of communication with the U.K. government, we’re aligned in terms of understanding what they’re trying to accomplish,” said Chris Lombardi, vice president for European government relations at Raytheon Technologies. “We firmly grasp what their defence and technology roadmaps look like and have a more informed strategy on how we can deliver that for them.”
This partnership results in growing prosperity for the U.K., as both parties continue to invest in one another. Raytheon Technologies’ U.K. operations, led by businesses Collins Aerospace, Pratt & Whitney, and Raytheon UK, directly employ about 7,000 people in high-quality jobs in the areas of aerospace, defence, cyber, and national security, and do business with approximately 4,000 U.K. suppliers in nine of the 10 parliamentary constituencies.
A recent Oxford Economics analysis demonstrates the company’s economic and social impact is felt far and wide. The study, based on 2019 data from Collins and Raytheon UK, estimates that for every 10 of the company’s 7,000 jobs, 42 additional jobs are sustained by the Raytheon Technologies U.K. supply chain. All told, that’s almost 36,000 jobs. With such a marked impact on the region, Raytheon Technologies is making a significant contribution to the economic growth and innovative impact of the U.K.