Yahoo Finance • 2 months ago

U.S. Army awards Javelin Joint Venture First Lightweight Command Launch Unit full-rate production contract

The U.S. Army also awarded a second Lightweight Command Launch Unit low-rate initial production contract TUCSON, Ariz., Oct. 15, 2024 /PRNewswire/ -- The U.S. Army awarded the Javelin Joint Venture (JJV) two production contracts totaling... Full story

Yahoo Finance • 2 months ago

Why Is the Pentagon Buying $12 Billion Worth of Bombs and Missiles From Boeing, Lockheed Martin, and RTX?

The Pentagon's fiscal year 2024 has come to an end. And just like the end of every year, the Pentagon ended with more of a bang than a whimper. In contrast to the usual handful of contracts announced on an average day any other time of th... Full story

Yahoo Finance • 3 months ago

Deutsche Bank Changes Tune On Raytheon Parent RTX, Sees Aerospace Edge Fuel Long-Term Growth Potential

Deutsche Bank Changes Tune On Raytheon Parent RTX, Sees Aerospace Edge Fuel Long-Term Growth Potential Deutsche Bank analyst Scott Deuschle upgrades RTX Corporation (NYSE:RTX) from Sell to Hold, raising the price forecast from $109 to $12... Full story

Yahoo Finance • 3 months ago

RTX's Pratt & Whitney opens its largest Military Engines facility in Oklahoma City

$255 million investment will support global sustainment for F135, F117, TF33, F100 and F119 engines OKLAHOMA CITY, Oct. 1, 2024 /PRNewswire/ -- Pratt & Whitney, an RTX business (NYSE: RTX), celebrated the opening of its new 845,000-square... Full story

Yahoo Finance • 3 months ago

RTX to release third quarter results on October 22, 2024

ARLINGTON, Va., Oct. 1, 2024 /PRNewswire/ -- RTX (NYSE: RTX) will issue its third quarter 2024 earnings Tuesday, October 22, prior to the stock market opening. A conference call will take place at 8:30 a.m. ET. The conference call will be... Full story

Yahoo Finance • 3 months ago

RTX's Pratt & Whitney awarded F135 Engine Core Upgrade contract

$1.3 billion contract will enable continued design maturation and aircraft integration EAST HARTFORD, Conn., Sept. 30, 2024 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, has been awarded a contract valued up to $1.3 billio... Full story

Yahoo Finance • 3 months ago

RTX Receives $525 Million U.S. Navy Contract for ESSM Block 2 Missiles

Raytheon, an RTX business, has received a $525 million contract from the U.S. Navy to produce ESSM Block 2 missiles and spares for the U.S. and allied nations. ESSM Block 2 is a short to medium-range, ship-launched, dual-mode, guided miss... Full story

Yahoo Finance • 3 months ago

RTX's Raytheon completes first AN/TPY-2 radar for the Kingdom of Saudi Arabia

This latest version features GaN technology for increased sensitivity. TUCSON, Ariz., Sept. 25, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has delivered the first AN/TPY-2 radar for the Kingdom of Saudi Arabia. The AN/TPY... Full story

Yahoo Finance • 4 months ago

RTX's SeaVue Multi-role Radar provides critical targeting data at RIMPAC

Radar proves its long-range target detection ability HONOLULU, Aug. 28, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, successfully demonstrated the SeaVue Multi-role Radar's superior long-range target detection at the U.S. N... Full story

Yahoo Finance • 4 months ago

RTX President and CEO to present at the Morgan Stanley 12th Annual Laguna Conference

ARLINGTON, Va., Aug. 28, 2024 /PRNewswire/ -- RTX (NYSE: RTX) President and CEO Chris Calio will speak at the Morgan Stanley 12th Annual Laguna Conference on Wednesday, Sept. 11 at 11:45 a.m. Eastern Time. The presentation will be broadcas... Full story

Yahoo Finance • 4 months ago

Has RTX Corporation's (NYSE:RTX) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Most readers would already be aware that RTX's (NYSE:RTX) stock increased significantly by 15% over the past month. As most would know, fundamentals are what usually guide market price movements over the long-term, so we decided to look at... Full story

Yahoo Finance • 5 months ago

NSPA awards RTX's Raytheon a $478 million Patriot GEM-T missile contract

Additional missiles to replenish German inventory ANDOVER, Mass., Aug. 6, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, was awarded a $478 million contract from the NATO Support and Procurement Agency (NSPA) to supply additi... Full story

Yahoo Finance • 5 months ago

RTX's Raytheon awarded Mentor Protégé agreements to develop operational AI

The collaboration will leverage commercial and defense technologies to enhance decision making MCKINNEY, Texas, July 29, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, was awarded two strategic Mentor-Protégé Agreement initia... Full story

Yahoo Finance • 5 months ago

RTX's Pratt & Whitney, Embraer and OGMA announce first GTF engine induction

Portugal shop becomes the 18th active facility in growing GTF MRO network LONDON, July 25, 2024 /PRNewswire/ -- Farnborough Air Show -- Pratt & Whitney, an RTX (NYSE: RTX) business, and OGMA Indústria Aeronáutica de Portugal S.A. ("OGMA")... Full story

Yahoo Finance • 5 months ago

Those who invested in RTX (NYSE:RTX) five years ago are up 49%

Ideally, your overall portfolio should beat the market average. But in any portfolio, there will be mixed results between individual stocks. So we wouldn't blame long term RTX Corporation (NYSE:RTX) shareholders for doubting their decision... Full story

Yahoo Finance • 5 months ago

RTX's Pratt & Whitney GTF™ engines to power 11 Airbus A220 aircraft for Air Niugini

National airline of Papua New Guinea is a first-time GTF customer LONDON, July 24, 2024 /PRNewswire/ -- Farnborough Air Show -- Pratt & Whitney, an RTX (NYSE: RTX) business, and Air Niugini have finalized engine and aftermarket agreements... Full story

Yahoo Finance • 5 months ago

SKY Airline selects RTX's Pratt & Whitney GTF™ engine to power up to 39 Airbus A320neo family aircraft

SKY becomes first-time Pratt & Whitney customer LONDON, July 23, 2024 /PRNewswire/ -- Farnborough Air Show – Pratt & Whitney, an RTX (NYSE: RTX) business, announced today that Chilean-based SKY Airline has entered into a memorandum of und... Full story

Yahoo Finance • 5 months ago

RTX's Pratt & Whitney completes F135 Engine Core Upgrade preliminary design review

Program remains on track to fully enable the F-35's future needs EAST HARTFORD, Conn., July 15, 2024 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, completed the F135 Engine Core Upgrade's (ECU) preliminary design review (P... Full story

Yahoo Finance • 5 months ago

RTX tests new battle management concepts at Valiant Shield

Capabilities demonstrated support for the U.S. Army's Mission Command On-The-Move concept and the Air Force Research Lab PHILIPPINES, July 10, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, successfully demonstrated... Full story

Yahoo Finance • 6 months ago

3 Defense Stocks to Buy With $875 and Hold Forever

Defense and aerospace companies can be underrated long-term investments. A handful of power players dominate the industry, enjoying competitive advantages thanks to their constant innovation, deep pockets, and strong ties to the U.S. gover... Full story