State Street Secures Mandate for Raytheon Technologies Corporation’s U.S.-Based Defined Contribution Assets

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced it has been selected by Raytheon Technologies (NYSE: RTX) as trustee, custodian, asset manager, securities lending agent and transition manager for the Raytheon Technologies Corporation Savings Plan Master Trust, a $54 billion master trust which holds assets for all U.S.-based defined contribution plans sponsored by Raytheon Technologies. As part of this arrangement, Raytheon Technologies renewed a number of services