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Business/Financial

Kremer Tapped To Lead Raytheon Segment As Raytheon Technologies Settles Large Realignment Shifts

By Cal Biesecker

Tuesday, April 25th, 2023

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Kremer Tapped To Lead Raytheon Segment As Raytheon Technologies Settles Large Realignment Shifts

Wes Kremer, president of Raytheon Missiles & Defense. Photo: Raytheon Technologies

Raytheon Technologies [RTX] on Tuesday said that long-time executive Wes Kremer will lead the company's new Raytheon segment when it stands up in July as part of a reorganization of the company into three operating segments from four. Kremer is currently president of the company’s $15 billion Raytheon Missiles and Defense segment. Before United Technologies Corp. acquired Raytheon Co. in 2020 to form Raytheon Technologies, Kremer was president of Raytheon’s Missile Systems segment for a year and before that he…

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