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Signify, headquartered in Eindhoven, Netherlands, operates in the lighting industry, focusing on the design and production of lighting products and systems. The company's core business segments include LED lighting, conventional lighting, and connected lighting systems. Signify is known for its "Philips" branded lighting products, including consumer lighting and professional systems that support smart technologies like the Internet of Things (IoT). The company has a significant global footprint, offering its products and services in various international markets. Signify leverages its position to provide energy-efficient lighting solutions, a strategic focus that aligns with increasing global demand for sustainability and smart home developments.

RTX is an aerospace and defense manufacturer formed from the merger of United Technologies and Raytheon, with roughly equal exposure across three segments, mostly as a supplier to commercial aerospace and to the defense market: Collins Aerospace, a diversified aerospace supplier; Pratt & Whitney, a commercial and military aircraft engine manufacturer; and Raytheon, a defense prime contractor providing a mix of missiles, missile defense systems, sensors, hardware, and communications technology to the military.