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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 business completes key design review on Next-Generation Adaptive Propulsion offering

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Pratt & Whitney, an RTX business, completes a critical assessment of its Next-Generation Adaptive Propulsion program with the U.S. Air Force, moving closer to detailed design review. Ground testing of NGAP prototype XA103 expected in late 2020s.
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RTX's Mobile Ground Control Approach System Delivered to U.S. Air Force

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Collins Aerospace, an RTX business, has launched the Air Traffic Navigation, Integration, and Coordination Systems (ATNAVICS) for the U.S. Air Force, providing full air traffic control capabilities in challenging environments. The system features new Primary Surveillance Radars with extended range capabilities, supporting expeditionary air traffic management and mission command worldwide.
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RTX President and COO to present at the Barclays Industrial Select Conference

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RTX President and COO Chris Calio to speak at Barclays Industrial Select Conference on Feb. 22 at 8:35 a.m. ET. The presentation will be live at www.rtx.com and archived on the website.
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RTX's Pratt & Whitney Canada PT6A-52 selected to power new Piper M700 Fury® single-engine turboprop

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Pratt & Whitney Canada announced the selection of its PT6A-52 engine by Piper Aircraft Inc. for the Piper M700 Fury aircraft, marking the first time this engine will power a single-engine turboprop. The PT6A-52 engine offers a maximum cruise speed of 301 knots true airspeed, class-leading maximum climb rate, and 25% better take-off field length and landing performance compared to the M600SLS aircraft. The engine retains its full 700 shaft horsepower up to 24,000 feet, making it the engine of choice for demanding, high-cycle/high-power applications in single- and twin-engine aircraft. The PT6A is also the only engine to achieve single engine instrument flight rules status for passenger revenue activity in North America, Australia, Europe, and New Zealand. The announcement solidifies the long-standing relationship between Piper Aircraft and Pratt & Whitney, with a commitment to delivering unparalleled products to customers.
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RTX recognized as JUST 100 company

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RTX (NYSE: RTX) has been named one of America's Most JUST Companies for the third consecutive year, ranking No. 1 in the aerospace and defense sector and No. 69 overall in the JUST 100. The company was recognized for its commitment to advancing environmental, social, and governance (ESG) priorities, including a 20% reduction in greenhouse gas emissions, launching 9 new global employee resource groups, donating over $50 million to support community groups, and contributing 202,000 volunteer hours.
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RTX Board of Directors Declares Quarterly Cash Dividend

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RTX (NYSE: RTX) has declared a dividend of 59 cents per outstanding share of RTX common stock, payable on March 21, 2024. This marks the continuation of RTX's long-standing tradition of paying cash dividends on its common stock every year since 1936.
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RTX works with AMD to develop next-gen Multi-Chip Package

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Raytheon, an RTX business, has been awarded a $20 million contract to develop a next-generation multi-chip package for use in military systems, integrating state-of-the-art commercial devices from industry partners like AMD. The collaboration aims to deliver new system capabilities with higher performance, lower power consumption, and reduced weight, providing cutting-edge technology to Department of Defense applications on a faster timescale.
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RTX business Collins Aerospace announces developmental milestone of next-generation spacesuit

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Collins Aerospace, an RTX business, along with partners ILC Dover and Oceaneering, successfully completed the Crew Capability Assessment test for its next-generation spacesuit for the International Space Station. The test validated the suit's performance in a manufactured zero-gravity environment and included evaluations of the pressure garment system fit, functionality, and performance of the new Extravehicular Mobility Unit. The next-generation suit is lighter weight and lower volume than NASA's current spacesuit, with an open architecture design for easy modification as missions change or technology advances.
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RTX completes milestones on DARPA Blackjack Program with four Blue Canyon Technologies satellites

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RTX's subsidiary, Blue Canyon Technologies, has achieved critical milestones in connecting satellites in low-Earth orbit to support the Defense Advanced Research Projects Agency (DARPA) Blackjack program. This program aims to establish an effective network in low-Earth orbit using a constellation of four connected satellites, potentially replacing traditional large systems in geosynchronous orbit. The successful operation signifies a significant achievement for BCT and paves the way for global high-speed networks in LEO orbit.
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RTX CFO to present at TD Cowen's 45th Annual Aerospace and Defense Conference

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RTX's Chief Financial Officer, Neil Mitchill, is scheduled to speak at TD Cowen's 45th Annual Aerospace & Defense Conference on February 13, 2024. The presentation will be available live on www.rtx.com and archived on the website afterward.
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FAQ

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

The current stock price of RTX Corporation (RTX) is $116.83 as of December 24, 2024.

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

The market cap of RTX Corporation (RTX) is approximately 155.5B.

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

155.50B
1.33B
0.08%
80.63%
1.1%
Aerospace & Defense
Aircraft Engines & Engine Parts
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United States of America
ARLINGTON