STOCK TITAN
  1. Home
  2. News
  3. RTX

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 to release fourth quarter results on Jan. 23, 2024

Rhea-AI Summary
RTX (Raytheon Technologies Corporation) will release its fourth quarter 2023 earnings on January 23, 2024, before the stock market opens. A conference call is scheduled for 8:30 a.m. ET and will be webcast live on the company's website. The presentation for the call will be available for download before the event.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.46%
Tags
earnings
-
News

RTX announces retirement of Mark E. Russell, Chief Technology Officer

Rhea-AI Summary
RTX (NYSE: RTX) announced the retirement of Mark E. Russell, the current Chief Technology Officer and Senior Vice President, effective Jan. 1, 2024. Juan M. de Bedout will succeed Russell and oversee the company's Technology & Global Engineering team, including the management of leading research centers: RTX Technology Research Center and RTX BBN Technologies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.19%
Tags
none
-
News

U.S. Navy awards RTX $80 million to prototype Advanced Electronic Warfare for the Super Hornet

Rhea-AI Summary
Raytheon (NYSE: RTX) awarded $80 million contract by the United States Navy to prototype Advanced Electronic Warfare (ADVEW) for the F/A-18 E/F Super Hornet, replacing legacy systems with a one-box solution, delivering superior electronic warfare capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.39%
Tags
none
News

RTX's Raytheon to build defensive microwave antenna systems for U.S. military

Rhea-AI Summary
Raytheon (NYSE: RTX) to Design High-Power Microwave Systems to Defeat Airborne Threats
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.39%
Tags
none
-
News

RTX names Christopher T. Calio to succeed Gregory J. Hayes as CEO

Rhea-AI Summary
RTX (NYSE: RTX) announced a planned leadership transition, with President and COO Christopher T. Calio succeeding Gregory J. Hayes as CEO at the 2024 RTX Annual Shareowners Meeting. Hayes will continue as executive chairman. Calio was also appointed to the board of directors. The transition reflects deliberate succession planning, with Hayes expressing confidence in Calio's ability to lead RTX and drive long-term success.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.93%
Tags
none
-
News

Second successful live-fire for RTX's Raytheon Lower Tier Air and Missile Defense Sensor

Rhea-AI Summary
Raytheon (RTX) successfully completed a live-fire demonstration of the advanced LTAMDS radar, intercepting a tactical ballistic missile in partnership with the U.S. Army. The radar's performance was validated, marking a significant milestone in the development of the next-generation air and missile defense radar.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.69%
Tags
none
News

RTX to track UK space assets with Low Earth Orbit observation system

Rhea-AI Summary
Raytheon NORSS (RTX) has been awarded a contract to provide the UK Space Agency with Space Surveillance and Tracking Services Data (SST) in low-Earth orbit (LEO) for Resident Space Objects (RSO). The company will use its ground-based Low-Earth Orbit Camera Installation sensors, known as LOCI, to routinely collect observation data on objects in LEO, including space debris, defence assets, and commercial satellites. The international deployment of LOCI aims to provide a wider, more comprehensive picture of objects in LEO, enhancing the UK Space Agency's ability to keep assets in orbit safe from possible dangers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.69%
Tags
none
-
News

RTX to create network of "energy webs" for DARPA

Rhea-AI Summary
Raytheon (RTX) has received a $10 million contract from DARPA to design and develop a wireless airborne relay system to deliver energy into contested environments. The Persistent Optical Wireless Energy Relay program (POWER) aims to revolutionize energy distribution by leveraging power beaming for near-instantaneous energy transport in a resilient, multi-path network. This technology seeks to reduce the military's dependence on fuel and enable the generation, storage, and redistribution of power in contested environments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.04%
Tags
none
-
News

RTX interceptor successfully defeats ballistic missile target

Rhea-AI Summary
Raytheon (RTX) successfully tested its Exoatmospheric Kill Vehicle, destroying an Intermediate-Range Ballistic Missile with the Ground-based Midcourse Defense System. This marks the 13th successful intercept, showcasing the U.S.'s strategic missile defense capabilities. President Wes Kremer emphasized Raytheon's expertise and ability to design and develop these systems, with over 30 years of experience in developing advanced interceptors and sensors. The company is also working on the next evolution of ballistic missile interceptors and kill vehicles to enhance warfighters' missile defense capability against current and future threats.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.7%
Tags
none
News

RTX's Pratt & Whitney Canada and Leonardo achieve first 100% SAF flight with PT6C-67C-powered AW139 helicopter

Rhea-AI Summary
Pratt & Whitney Canada and Leonardo (NYSE: RTX) successfully completed the first flight for an AW139 using 100% Sustainable Aviation Fuel (SAF) in both PT6C-67C engines. The 75-minute flight and ground tests evaluated engine performance at multiple power variations and demonstrated no significant differences in the response to the new fuel compared with the use of Jet A1 fuel. This marks a significant milestone for the PT6 engine series and supports the aviation industry's goal of achieving net-zero CO2 emissions by 2050.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.46%
Tags
none

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.

Stock RTX logo
RTX Corporation

NYSE:RTX

RTX Rankings

#73 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
Link
United States of America
ARLINGTON