RTX Corp. is accelerating its executive management succession with Greg Hayes stepping down as chairman on April 30 and chief executive Chris Calio taking over the duties.

The Tax Cuts and Jobs Act of 2017 reconfigured the tax code. Did it also enable a pharmaceutical giant to invest in Wake County? Or did it simply increase their profits?

In a separate — and promising note — for the Asheville area ... Pratt & Whitney’s sales jumped 18% to $7.57 billion, while Raytheon sales climbed 4% to $7.16 billion. For the full year ...

The large jet parts facility in Western North Carolina could get larger — though its presence hasn’t been without controversy. Raytheon, now named RTX Corp., is the parent company.

Pratt & Whitney’s presence in Asheville hasn’t been universally welcomed. Shortly after the facility was announced in 2020, the group Reject Raytheon AVL formed to protest its operations.

After completing its Asheville-based facility in 2022 ... Pratt & Whitney is a subsidiary of Raytheon Technologies, the world's largest aerospace and defense company, according to the company's ...

After completing its Asheville-based facility in 2022 ... Pratt & Whitney is a subsidiary of Raytheon Technologies, the world ...