Research and Development Investment: RTX Corporation vs Stanley Black & Decker, Inc.

RTX leads in R&D investment over Stanley Black & Decker.

__timestampRTX CorporationStanley Black & Decker, Inc.
Wednesday, January 1, 20142635000000174600000
Thursday, January 1, 20152279000000188000000
Friday, January 1, 20162337000000204400000
Sunday, January 1, 20172387000000252300000
Monday, January 1, 20182462000000275800000
Tuesday, January 1, 20193015000000240800000
Wednesday, January 1, 20202582000000200000000
Friday, January 1, 20212732000000276300000
Saturday, January 1, 20222711000000357400000
Sunday, January 1, 20232805000000362000000
Monday, January 1, 202429340000000
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Infusing magic into the data realm

A Decade of Innovation: R&D Investments by RTX Corporation and Stanley Black & Decker, Inc.

In the ever-evolving landscape of technological advancement, research and development (R&D) investments are pivotal. Over the past decade, RTX Corporation has consistently outpaced Stanley Black & Decker, Inc. in R&D spending. From 2014 to 2023, RTX Corporation's R&D expenses grew by approximately 11%, peaking at nearly $2.9 billion in 2023. This commitment underscores RTX's dedication to innovation and maintaining its competitive edge.

Conversely, Stanley Black & Decker, Inc. has shown a more modest increase of around 107% in R&D investments, reaching $362 million in 2023. This growth reflects a strategic shift towards enhancing product offerings and technological capabilities. However, data for 2024 is missing, leaving room for speculation on future trends.

These insights highlight the strategic priorities of these industry giants, with RTX Corporation leading the charge in R&D investment.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025