2022 U.S.-Booked Air Volume: $145M
2022 Companywide T&E: $381M
Primary Air Suppliers: American, Delta, United
Primary Hotel Suppliers: IHG, Hilton, Hyatt, IHG, Marriott
Primary Rental Car Supplier: Avis
Global Online Booking Tool: Concur
Global Expense Management Supplier: Concur
Global Risk Management Supplier: ISOS
Global Payment Supplier: Citi
Consolidated Global TMC: Amex GBT

Aerospace and defense contractor RTX, which has rebranded from Raytheon Technologies, in 2022 almost tripled its U.S.-booked air spend to $145 million from the $55 million spent in 2021. It projects to spend about $185 million in 2023 U.S.-booked air.

The company in 2022 reported net sales of $67.1 billion and had global travel and expenses of $381 million. The company does not expect to fully return to the office, but projects reaching pre-pandemic business travel levels in a couple of years. Its business travel currently is about 80 percent recovered.

During the pandemic, the company’s corporate offices essentially were closed for two years, with some employees relocating to other parts of the United States and a majority now working from home. As such, the company has invested more in travel to bring small and midsized groups together and has seen an increase in travel to meet suppliers.

The RTX travel team in 2022 managed the transition of half the company to a new travel agency, American Express Global Business Travel, and transitioned the company to a direct instance of Concur T&E. The team continued to manage the merger activity of Raytheon and United Technologies Corp., which closed in 2020, and combine the travel programs of each globally. For 2023, the company intends to strategically optimize its travel program through its partnerships, data integrity and influence in the industry.

RTX also merged the heritage Raytheon and United Technologies travel policies to one global policy and four business unit-specific policies. As a largely government contractor, the company works against the restrictions with the U.S. government regarding allowable travel expenses.

The company intends to decarbonize its operations by reducing its greenhouse gas emissions by 46 percent by 2030 from 2019 levels. In 2022, RTX reported Scope 3 greenhouse gas emissions of nearly 22.3 million metric tons of carbon dioxide equivalent, down from the 24.7 million reported in 2021. Business travel accounted for 121,800 of those emissions, up from the 54,900 reported a year prior. The company in 2022 employed more than 180,000 individuals.