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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

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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IAE AG successfully tests V2500 engine on 100% Sustainable Aviation Fuel

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IAE successfully tests V2500 engine with 100% sustainable aviation fuel, demonstrating commitment to sustainability. The test was conducted at MTU Maintenance Hannover, Germany, using HEFA-SPK fuel supplied by Neste. The V2500 engine, powering A320ceo family aircraft and Embraer C-390 Millenium, shows potential to contribute to achieving net zero CO2 emissions by 2050.
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RTX's Collins Aerospace delivers first aircraft seats from Philippines facility

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Collins Aerospace, an RTX business, delivers Meridian® main cabin seats to Airbus from its Philippines facility, enhancing passenger comfort and storage. The seating assembly capacity is set to triple in 2024, benefiting multiple customers across various linefit programs.
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NPS Completes $17.5M Series B Funding for Software-Defined Radar Led by Cota Capital with Key Strategic Investment from GM Ventures and RTX Ventures

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Neural Propulsion Systems (NPS) secures a $17.5 million Series B funding round led by Cota Capital with contributions from GM Ventures and RTX Ventures. The investment will enhance roadway safety and defense radar systems through the development of the award-winning Atomic Sensing Platform for automotive radar technology.
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Icelandair selects RTX's Pratt & Whitney GTF™ engines to power up to 35 Airbus A320neo family aircraft

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Pratt & Whitney, an RTX business, secures a deal with Icelandair to power up to 35 new Airbus A320neo family aircraft with GTF engines. Icelandair also signs a long-term EngineWise® maintenance agreement. The partnership aims to enhance fuel efficiency and reduce carbon emissions, supporting both business and environmental goals.
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FAQ

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

The current stock price of RTX Corporation (RTX) is $116.63 as of December 23, 2024.

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

The market cap of RTX Corporation (RTX) is approximately 154.4B.

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

#72 Ranked by Market Cap
#1355 Ranked by Dividends

RTX Stock Data

154.40B
1.33B
0.08%
80.63%
1.1%
Aerospace & Defense
Aircraft Engines & Engine Parts
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United States of America
ARLINGTON