Research and Development Investment: RTX Corporation vs General Dynamics Corporation

A Decade of Innovation: R&D Investments in Aerospace Giants

In the competitive world of aerospace and defense, innovation is key. Over the past decade, RTX Corporation and General Dynamics Corporation have been at the forefront of research and development (R&D) investments. From 2014 to 2023, RTX Corporation consistently outpaced General Dynamics, investing nearly 10 times more in R&D annually. In 2023, RTX's R&D expenses reached approximately $2.8 billion, marking a 5% increase from the previous year. Meanwhile, General Dynamics saw a 6% rise, reaching around $510 million. This trend underscores RTX's commitment to innovation, even as General Dynamics maintains steady growth. Notably, 2024 data for General Dynamics is missing, highlighting potential reporting delays or strategic shifts. As these industry leaders continue to innovate, their R&D investments will likely shape the future of aerospace technology.