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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 Raytheon completes first flight test for new AMRAAM-ER variant

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Raytheon, in collaboration with Kongsberg Defence & Aerospace and the Norwegian MoD, successfully tested an upgraded AMRAAM-ER missile variant. The test showcased increased capabilities, incorporating advanced technology from AIM-120 C-8 and the Norwegian Propulsion Stack. The AMRAAM-ER is designed to enhance air defense protection with extended range and altitude, integrated with the NASAMS launcher.
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Collins Elbit Vision Systems delivers 3,000th F-35 Gen III Helmet Mounted Display System to the Joint Strike Fighter

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Collins Elbit Vision Systems (CEVS) achieves a significant milestone by delivering the 3,000th F-35 Gen III Helmet Mounted Display Systems to the Joint Strike Fighter. The system, developed by Collins Aerospace, an RTX business, provides pilots with advanced situational awareness and access to crucial flight information. CEVS has a rich history of delivering cutting-edge solutions to support warfighters, with over 20,000 systems provided and 1 million flight hours logged on various fighter aircraft platforms.
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RTX's Collins Aerospace to provide Air India with avionics hardware

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Collins Aerospace, an RTX business, has been chosen by Air India to equip 140 Boeing 737 MAX aircraft with advanced avionics, enhancing safety, fuel efficiency, and operational performance. The deal was announced at the Singapore Airshow 2024, showcasing a comprehensive package of communication, navigation, surveillance equipment, and air data sensors.
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RTX's Collins Aerospace upgrades FlightHub™ offering with route efficiency solution

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Collins Aerospace, an RTX business, introduces Flight Profile Optimization technology to enhance pilots' access to real-time flight path data. The solution, part of the FlightHub offering, provides optimized route recommendations, potentially improving fuel efficiency and reducing CO2 emissions.
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Vietjet selects RTX's Pratt & Whitney to power 19 additional A321neo aircraft

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Pratt & Whitney, an RTX business, secures a follow-on A321neo order from Vietjet for 19 GTF-powered aircraft, solidifying their partnership. The deal includes engine maintenance services through an EngineWise® agreement, showcasing Vietjet's confidence in Pratt & Whitney's expertise and technology.
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RTX's Collins Aerospace to provide Malaysia Airlines with new avionics and systems support

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Malaysia Airlines Berhad (MAB) partners with Collins Aerospace, an RTX business, to enhance its 737-8 fleet with critical avionics systems and maintenance services at the 2024 Singapore Air Show. The agreement includes navigation, surveillance systems, air data sensors, and a comprehensive maintenance plan for increased efficiency and reliability.
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RTX's Collins Aerospace Inaugurates India Digital Technology Center

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Collins Aerospace, an RTX business, inaugurates the India Digital Technology Center in Bengaluru to drive digital innovation globally. The center focuses on ERP, AI, ML, data analytics, and digital product lifecycle enablement, fostering collaboration and excellence.
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JetSMART selects RTX's Pratt & Whitney GTF™ engines to power an additional 35 Airbus A320neo family aircraft

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Pratt & Whitney, an RTX business, announced that JetSMART has selected GTF engines to power an additional 35 Airbus A320neo family aircraft, with maintenance support through EngineWise®. This move will enable JetSMART to reduce fuel consumption and CO2 emissions by 20%, with a 75% smaller noise footprint, supporting their ULCC model and commitment to low fares and sustainable aviation.
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RTX and Philippine Airlines announce agreement to improve operations and enhance passenger experience

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Collins Aerospace, an RTX business, and Philippine Airlines have entered into an agreement to enhance operational efficiency and passenger experience through digital solutions. The agreement includes the implementation of Hermes Messaging, OpsCore Flight Tracking, and GlobalConnect platforms. These solutions aim to improve communication, optimize operations, and provide real-time data for proactive issue resolution.
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RTX's Pratt & Whitney ramps up aftermarket repair industrialization for GTF components in Singapore

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Pratt & Whitney, an RTX business, is expanding its MRO repair capabilities for GTF engines in Singapore, with plans to industrialize repairs for 235 parts by 2025. This move aims to enhance engine MRO efficiency, increase technician capabilities, and provide new opportunities for skill development.
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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
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