Raytheon Technologies Corp. /zigman2/quotes/203237915/composite RTX +0.32% chief financial officer Anthony O'Brien said on the aerospace and defense company's post-earnings conference call with analysts that it has exceeded synergy targets for the Collins acquisition and announced other cost cutting measures, including more job cuts. O'Brien said the company recently reduced its commercial head count at Collins by another 1,500, brining the total cuts to 16,500 jobs. He also said another 500 contractor roles were eliminated, bringing the total reductions to 4,500. That reduced the total commercial aerospace headcount by about 20%, he said, according to a FactSet transcript. Earlier, Raytheon reported fourth-quarter profit and sales that beat expectations.