How does RTX's R&D spending compare to past years?

Raytheon Technologies (RTX) has demonstrated a consistent upward trend in Research and Development (R&D) spending over the past three years, with the cumulative R&D expenses increasing from $2.71 billion in 2022 to $2.93 billion in 2024:

|code|Ticker|Name|Date|R&D Expenses|R&D Expenses YoY|market_code|
|---|---|---|---|---|---|---|
|RTX|RTX.N|RTX|2022 Q1|6.35E8|7.809847198641766|169|
|RTX|RTX.N|RTX|2022 Q2|6.98E8|6.2404870624048705|169|
|RTX|RTX.N|RTX|2022 Q3|6.62E8|-2.0710059171597637|169|
|RTX|RTX.N|RTX|2022 Q4|7.16E8|-11.604938271604938|169|
|RTX|RTX.N|RTX|2023 Q1|6.07E8|-4.409448818897638|169|
|RTX|RTX.N|RTX|2023 Q2|7.29E8|4.441260744985674|169|
|RTX|RTX.N|RTX|2023 Q3|7.12E8|7.552870090634441|169|
|RTX|RTX.N|RTX|2023 Q4|7.57E8|5.726256983240224|169|
|RTX|RTX.N|RTX|2024 Q1|6.69E8|10.214168039538714|169|
|RTX|RTX.N|RTX|2024 Q2|7.06E8|-3.155006858710562|169|

This upward trajectory indicates RTX's commitment to innovation and technological advancement, which is likely contributing to the company's growth and competitiveness in the aerospace and defense industries.