RTX (RTX) Stock News

RTX (NYSE: RTX) announced that its Board of Directors has declared a quarterly dividend of $0.68 per share of common stock. The dividend will be payable on September 4, 2025 to shareholders of record as of August 15, 2025. Notably, RTX has maintained an impressive track record of paying cash dividends consistently since 1936, demonstrating nearly 90 years of commitment to shareholder returns.

RTX (NYSE: RTX) subsidiary Raytheon has secured a $250 million contract from Mitsubishi Electric Corporation (MELCO) for ESSM Block 2 licensed production. The Direct Commercial Sale contract involves providing missile kits, parts, components, and technical support for missile production in Japan.

The ESSM Block 2 is an advanced ship-launched guided missile with enhanced maneuverability and performance compared to Block 1. Key improvements include reduced dependence on shipboard illumination, compatibility with various combat systems, better performance in marine environments, and software upgrade capability for future threat adaptation.

RTX's Pratt & Whitney has secured nearly 1,100 GTF engine orders and commitments in 2025, bringing their total orders to over 12,000 from more than 90 customers globally. Major airlines including Aegean Airlines, Air Niugini, ANA, Frontier Airlines, LOT Polish Airlines, and Wizz Air have placed orders, along with two undisclosed customers. The GTF engine delivers up to 20% lower fuel consumption and a 75% smaller noise footprint compared to previous generation engines. The company's new GTF Advantage, which received FAA certification, will enter service next year offering improved range, fuel efficiency, and durability. Additionally, the new GTF Hot Section Plus option will enhance durability by nearly doubling time on wing, with the engine expected to accumulate over 250 million flying hours by mid-2030s.

Wizz Air has selected RTX Pratt & Whitney's GTF engines to power up to 177 additional Airbus A321neo aircraft, expanding their total GTF-powered fleet order to 453 aircraft. The deal includes a long-term EngineWise Comprehensive service agreement for engine maintenance. Wizz Air, Europe's largest A320neo-family operator, currently operates 163 A320neo family aircraft with GTF engines and 73 A320ceo family aircraft with IAE V2500 engines. The airline recently became the first to operate the A321XLR with GTF engines. The agreement includes a special support package to enhance operational stability and mitigate impacts of grounded aircraft. Future deliveries will feature the GTF Advantage engine, offering higher take-off thrust capability for A321neo and A321XLR aircraft.

RTX's Pratt & Whitney has expanded its GTF engine maintenance network by adding ITP Aero as its 21st facility and 8th in Europe. The Madrid-based ITP Aero will provide full maintenance, repair, and overhaul services for PW1500G engines used in Airbus A220 aircraft and PW1900G engines for Embraer E-Jets E2. As a GTF risk revenue-sharing partner, ITP already manufactures key components including mid-turbine frames and nickel-based integrally bladed rotors for high-pressure compressor components. This expansion builds on a decade-long partnership between the companies and aims to enhance engine maintenance support for customers globally through Pratt & Whitney's EngineWise solutions platform.

RTX, Kongsberg Defence and Aerospace, and the Norwegian government announced a collaboration to develop the GhostEye radar for the NASAMS air defense system. GhostEye, a 360-degree surveillance and fire control sensor, will be designed by Raytheon in the US with key subassemblies co-developed by Kongsberg in Norway. The radar features active electronically scanned array technology and military-grade gallium nitride, enabling enhanced detection, targeting, and tracking of various aerial threats including cruise missiles, drones, and aircraft. This development marks the first project under the NASAMS collaborative arrangement signed in October 2023. Additionally, Raytheon and Kongsberg renewed their 30-year partnership for another decade at the Paris Air Show.

RTX's Pratt & Whitney has achieved a milestone in additive manufacturing by successfully testing a 3D printed turbine wheel for its TJ150 turbojet engine. This breakthrough represents one of the first rotating parts to be 3D printed for engine applications. The TJ150, a compact 150-pound thrust engine designed for autonomous systems and weapons, underwent successful tests at full operating speeds and temperatures, meeting expected life duration requirements. Through a process called unitization, Pratt & Whitney GATORWORKS collaborated with RTX Technology Research Center to reduce the engine's core module parts from over 50 to just a few components, significantly improving production efficiency. The entire design and testing process was completed within eight months using in-house capabilities.

RTX achieves a significant milestone in its Hybrid-Electric Flight Demonstrator program by successfully testing the integrated propulsion system and batteries at full power. The project combines a Pratt & Whitney Canada thermal engine with a 1MW electric motor from Collins Aerospace, powered by 200kWh batteries from H55. AeroTEC has been selected to support future flight testing of the De Havilland Canada Dash 8-100 experimental aircraft. The innovative system targets up to 30% improved fuel efficiency compared to current regional turboprops. The project involves collaboration with multiple partners including De Havilland Aircraft of Canada, GKN Aerospace, and Ricardo. This development is part of RTX's broader technology roadmap for sustainable aviation, with Pratt & Whitney and Collins Aerospace working together on various demonstrator projects including the Clean Aviation SWITCH project.

ATR and RTX's Pratt & Whitney Canada announced a collaboration to develop advanced propulsion technology for regional turboprop aircraft. The partnership aims to enhance the PW127XT engine's performance and explore technologies for ATR's 'EVO' concept aircraft. Key focus areas include improving thermal efficiency for reduced fuel consumption, implementing advanced materials for better durability, and optimizing engine-aircraft integration. The companies will also study hybrid-electric propulsion possibilities. Currently, about 1,300 ATR aircraft use Pratt & Whitney Canada engines, with over 60 utilizing the PW127XT-M model. Since 2022, the PW127XT-M has logged 300,000 flight hours, achieving 40% better time on wing, 20% lower maintenance costs, and 3% improved fuel efficiency.