Raytheon Technologies

Yahoo Finance • 6 days ago

Military and Defense Drone Industry Witnessing Exponential Growth as Improved Technology and Products Hit the Market

PALM BEACH, Fla., March 20, 2025 (GLOBE NEWSWIRE) -- FN Media GroupNews Commentary - A recent report from Straits Research said that the global military drone market size was valued at USD $21.81 billion in 2024 and is expected to grow f... Full story

Yahoo Finance • 7 days ago

RTX's Collins Aerospace prepares first shipments of Venue™ smart monitor featuring Airshow™ HD

Standalone solution provides a comprehensive in-flight entertainment alternative to a full cabin management system PHOENIX, March 19, 2025 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, is preparing the first shipments of... Full story

Yahoo Finance • 13 days ago

Global Drones Market Expected to Exceed $60 Billion By 2029 Fueling an Upsurge in Production Operations

PALM BEACH, Fla., March 13, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The drones market refers to the global industry focused on the development, production, and sale of unmanned aerial vehicles (UAVs) for both commercial... Full story

Yahoo Finance • 16 days ago

Palantir's Space AI Deal Can't Prevent Stock From Tumbling Nearly 8%

Palantir Technologies (NASDAQ:PLTR) shares dropped 7.89% to $78.21 as of 10:49 AM ET on Monday, following news of its new AI-powered partnership with Voyager Technologies to tackle space debris and collision threats. The collaboration foc... Full story

Yahoo Finance • 20 days ago

RTX's Pratt & Whitney and Collins Aerospace to lead engine integration and supply power units and nacelles for JetZero blended wing aircraft

RTX systems will support development of novel, fuel-efficient aircraft design ARLINGTON, Va., March 6, 2025 /PRNewswire/ -- RTX (NYSE: RTX) has entered into three agreements with JetZero, the developer of a novel blended wing body aircraf... Full story

Yahoo Finance • 27 days ago

RTX's Pratt & Whitney GTF Advantage™ engine achieves U.S. FAA type certification

First production engine deliveries expected later this year EAST HARTFORD, Conn., Feb. 27, 2025 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, announced that the GTF Advantage engine has achieved the U.S. Federal Aviation A... Full story

Yahoo Finance • 29 days ago

RTX's Collins Aerospace selected by Boeing to provide ACES II ejection seats for the U.S. Air Force's F-15EX fleet

Collins to continue outfitting USAF aircraft with next-gen ejection seats that reduce ejection-related injuries COLORADO SPRINGS, Colo., Feb. 25, 2025 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, has been awarded a cont... Full story

Yahoo Finance • last month

RTX's Collins Aerospace launches Powered by Collins Initiative™ 2025 edition at Aero India

Program expansion will increase collaboration with small and medium-sized businesses BENGALURU, India, Feb. 12, 2025 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, today announced the launch of its Powered by Collins Init... Full story

Yahoo Finance • 2 months ago

RTX's Collins Aerospace providing upgraded avionics for in-service Cessna Citation aircraft

Collins' Pro Line 21™ avionics provides advanced functionality, usability CEDAR RAPIDS, Iowa, Feb. 5, 2025 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, has announced upcoming functionality upgrades to Collins' Pro Line... Full story

Yahoo Finance • 2 months ago

Drones Providing Valuable Military Intelligence & Surveillance Solutions as Drone Market Skyrockets with Potential

PALM BEACH, Fla., Jan. 30, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The increasing terrorism around the globe is expected to boost the growth of the military drone market going forward. Terrorism refers to an act of viol... Full story

Yahoo Finance • 2 months ago

RTX's (NYSE:RTX) 62% YoY earnings expansion surpassed the shareholder returns over the past year

These days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But if you pick the right individual stocks, you could make more than that. To wit, the RTX Corporation (NYSE:RTX) share price is 42% hig... Full story

Yahoo Finance • 2 months ago

Defense Stocks Still Cost Too Much in 2025

2024 was a good year for defense stocks. From Jan. 1 through Dec. 30, 2024, the S&P Aerospace & Defense ETF(NYSEMKT: XAR) scored an impressive 30% gain, outperforming even the broader S&P 500 and its impressive 26.5% performance. That's th... Full story

Yahoo Finance • 5 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 • 5 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 • 6 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 • 6 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 • 6 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 • 6 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 • 6 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 • 6 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