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RTX Corporation - RTX STOCK NEWS

Welcome to our dedicated page for RTX Corporation news (Ticker: RTX), a resource for investors and traders seeking the latest updates and insights on RTX Corporation stock.

RTX Corporation (NYSE: RTX) is an American multinational aerospace and defense conglomerate headquartered in Arlington, Virginia. Formed from the merger of United Technologies and Raytheon, RTX is one of the largest aerospace and defense manufacturers globally, known for its diverse product offerings and significant market presence.

RTX operates through three primary segments: Collins Aerospace, Pratt & Whitney, and Raytheon. Collins Aerospace provides a wide range of aerospace systems and components, playing a crucial role in commercial and military aviation. Pratt & Whitney is renowned for its advanced jet engines, serving both commercial and military sectors. Raytheon focuses on defense systems, offering expertise in missiles, missile defense, sensors, and communications technology.

In recent achievements, RTX has made significant strides in renewable energy. The company has inked an agreement with ENGIE North America to supply 100% renewable electricity to 12 Texas facilities, marking RTX's largest renewable energy procurement to date. This initiative supports RTX's goal of reducing greenhouse gas emissions, showcasing the company's commitment to sustainability.

Financially, RTX reported robust performance in the first quarter of 2024, with a 12% increase in sales and a record backlog of $202 billion. The company's focus on innovation and operational excellence has driven strong growth and profitability. RTX continues to invest in next-generation technologies, such as the development of advanced missile systems and space-based solutions.

RTX's recent news highlights its ongoing projects and strategic initiatives. For instance, Raytheon has expanded its Missile Integration Facility to support the Glide Phase Interceptor program. Additionally, RTX's Blue Canyon Technologies has launched CubeSats for NASA's PREFIRE mission, contributing to climate modeling and environmental monitoring.

With over 185,000 employees worldwide, RTX remains dedicated to pushing the boundaries of technology and science. The company is committed to addressing global challenges through its innovative solutions and industry-leading businesses.

News

RTX's Pratt & Whitney announces North American Technology Accelerator

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Pratt & Whitney, an RTX business, unveiled its North American Technology Accelerator (NATA) in Florida to advance MRO technologies. The center will focus on material restoration, process automation, and additive repairs for GTF engine components, aiming at $100 million in parts recovery over five years. NATA, alongside the Singapore Technology Accelerator (STA), is expected to generate annual savings of $24 million by leveraging automation, connectivity, analytics, and intelligence.
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RTX's Raytheon completes critical milestone for VIIRS program

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Raytheon, an RTX business, successfully completes thermal vacuum testing of the fourth sensor for the VIIRS program, ensuring on-time delivery for satellite integration in 2024. The milestone was achieved ahead of schedule, showcasing efficient collaboration between NASA and Raytheon.
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RTX to release first quarter results on April 23, 2024

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RTX (NYSE: RTX) to release first quarter 2024 earnings on April 23, 2024, with a conference call scheduled at 8:30 a.m. ET. The call will be webcast live on www.rtx.com.
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RTX's SM-6 intercepts ballistic missile target at sea

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Raytheon (RTX) successfully tested an enhanced SM-6 missile against a medium-range ballistic missile target at sea, showcasing its advanced capabilities for the U.S. Navy fleet. The test verified the missile's effectiveness in anti-air warfare, anti-surface warfare, and ballistic missile defense, highlighting its critical role in countering evolving threats.
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Collins Aerospace and Luminace Partner with Common Energy to Support Community Solar Projects Across Portland

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Collins Aerospace, an RTX business, partners with Common Energy to support four new community solar projects in the greater Portland area, generating 17 million kilowatt hours of clean energy annually. The projects aim to reduce carbon emissions, benefit the community, and offer credits to subscribers, including low-income households.
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RTX's Pratt & Whitney receives full funding for F135 Engine Core Upgrade in FY 2024 Defense Appropriations bill

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Pratt & Whitney, an RTX business, secures full funding for F135 Engine Core Upgrade to enable Block 4 capabilities in 2029, receiving $497 million in fiscal year 2024 Defense Appropriations bill. The upgrade aims to enhance F-35's propulsion system durability and maintain U.S. and allies' fighter engine technology edge.
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RTX's Raytheon Lower Tier Air and Missile Defense Sensor detects and engages complex target

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Raytheon's LTAMDS radar successfully undergoes live-fire test with military leaders from seven countries present, showcasing its advanced capabilities against global threats. The radar's performance in intercepting a cruise missile surrogate validates its design and transformational potential in air and missile defense missions.
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RTX's Raytheon awarded $1.2 billion contract to provide Patriot air and missile defense systems to Germany

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Raytheon, an RTX business, secures a $1.2 billion contract to supply Germany with Patriot air defense systems, enhancing their air defense capabilities and interoperability. The contract includes the latest Patriot Configuration 3+ radars, launchers, and command stations, reflecting global confidence in Patriot's combat-proven performance.
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RTX's Pratt & Whitney collaborates with FAA to study non-CO2 emissions under FAA ASCENT program

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Pratt & Whitney, in collaboration with the FAA, Missouri S&T, Aerodyne Research, and the EPA, is conducting tests to compare emissions from conventional Jet A and 100% SAF. The project aims to study non-CO2 aviation emissions and reduce environmental impact. The tests will measure emissions from a Pratt & Whitney GTF™ engine combustor rig using Jet A and SAF. The project highlights the industry's goal of achieving net-zero CO2 emissions by 2050 and focuses on addressing cruise non-volatile particulate matter and NOx emissions. SAF derived from vegetable oils and animal fats will be compared with Jet A kerosene. The collaboration aims to understand and reduce the environmental impact of aviation emissions, especially non-CO2 emissions, by testing SAF containing low sulfur and aromatic hydrocarbon concentrations. The tests will be conducted at Pratt & Whitney's facility using an advanced Rich-Quench-Lean combustor to analyze the environmental and emissions benefits of using SAF.
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RTX's Collins Aerospace introduces Venue™ smart monitor

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Collins Aerospace, an RTX business, introduced the Venue™ smart monitor at the Aircraft Electronics Association Convention & Trade Show. This innovative in-flight entertainment solution offers seamless integration with Collins' suite of products, enabling operators to upgrade their cabin management system and IFE solutions cost-effectively. The smart monitor provides a single access point for cabin control, individual comfort, and entertainment options, with various monitor sizes and 4K options to suit different cabin configurations. It also reduces redundancies, optimizes power usage, and decreases fuel burn and carbon emissions.
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FAQ

What is the current stock price of RTX Corporation (RTX)?

The current stock price of RTX Corporation (RTX) is $126.29 as of January 23, 2025.

What is the market cap of RTX Corporation (RTX)?

The market cap of RTX Corporation (RTX) is approximately 166.2B.

What are the main business segments of RTX Corporation?

RTX Corporation operates through three main segments: Collins Aerospace, Pratt & Whitney, and Raytheon.

Where is RTX Corporation headquartered?

RTX Corporation is headquartered in Arlington, Virginia, USA.

What recent renewable energy initiative has RTX undertaken?

RTX has entered an agreement with ENGIE North America to supply 100% renewable electricity to 12 of its Texas facilities.

How did RTX perform financially in the first quarter of 2024?

RTX reported a 12% increase in sales and a record backlog of $202 billion in the first quarter of 2024.

What is Collins Aerospace known for?

Collins Aerospace is a diversified aerospace supplier providing systems and components for commercial and military aviation.

What are Pratt & Whitney's key products?

Pratt & Whitney is known for manufacturing advanced jet engines for both commercial and military aircraft.

What does the Raytheon segment specialize in?

Raytheon specializes in defense systems, including missiles, missile defense systems, sensors, and communications technology.

What is the significance of RTX's agreement with ENGIE North America?

The agreement marks RTX's largest renewable energy procurement, supporting the company's goal to reduce greenhouse gas emissions.

How many global employees does RTX have?

RTX has over 185,000 employees worldwide.

What is the mission of Blue Canyon Technologies, an RTX company?

Blue Canyon Technologies focuses on small satellite manufacturing and mission services, contributing to projects like NASA's PREFIRE mission.
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RTX Corporation

NYSE:RTX

RTX Rankings

#68 Ranked by Market Cap
#1406 Ranked by Dividends

RTX Stock Data

166.24B
1.33B
0.08%
80.8%
0.88%
Aerospace & Defense
Aircraft Engines & Engine Parts
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United States of America
ARLINGTON