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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 Canada and Dassault Aviation celebrate the entry into service of the PW812D-powered Falcon 6X business jet

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Pratt & Whitney Canada (RTX) celebrates the entry into service of the new Falcon 6X business jet powered by twin PW812D turbofan engines. The PW800 engine is the most modern, efficient, quiet, and environmentally responsible engine in its class, offering double-digit improvements in fuel burn, emissions, and noise. It can fly on a 50% blend of jet fuel A and sustainable alternative fuel, with 100% SAF tests being conducted for future in-service flights. The engine requires 40% less scheduled maintenance and 20% fewer inspections than other engines in its class, delivering unmatched customer satisfaction.
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RTX to improve DoD supply chain resilience

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Raytheon (RTX) to Develop Supply Chain Stress Test Framework for DoD Under $8M DARPA Contract
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easyJet collaborates with RTX to enhance operations

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Collins Aerospace (RTX) partners with easyJet to deploy GlobalConnectSM on more than 330 Airbus aircraft, aiming to enhance safety oversight, pilot training, and operational efficiencies. The adoption of this data exchange and analytics capability also brings the potential to simplify the avionics architecture, leading to further fuel efficiency gains.
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RTX's Pratt & Whitney Canada announces cost-effective PT6T-3/6 Twinpac™ engine overhaul program designed especially for military customers

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Pratt & Whitney Canada (RTX) introduces P&WCSMART military overhaul program for Bell 212 and Bell 412 helicopters with PT6T-3 or PT6T-6 Twinpac™ engines, offering predictable overhaul costs and OEM value.
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BetterInvesting™ Magazine Update on RTX Corp. and Kraft Heinz Co.

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The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine has announced RTX Corp. (NYSE:RTX) as its 'Stock to Study' and Kraft Heinz Co. (NASDAQ:KHC) as its 'Undervalued Stock' in the January/February 2024 issue. The stock market surged in November, emphasizing the futility of trying to time the market. BetterInvesting emphasizes the importance of regular investment and staying invested regardless of market outlook, with principles that have remained true for over 70 years.
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RTX's Collins Aerospace introduces Arcus™ training image generator

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Collins Aerospace (RTX) releases Arcus™, a hybrid image generator for aircrew training. The system offers realistic, complex synthetic training environments for various aircraft platforms, developed in partnership with Epic Games' Unreal Engine technology.
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RTX Announces New Lead Independent Director

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RTX (NYSE: RTX) appoints Fredric G. Reynolds as lead independent director, replacing Dinesh C. Paliwal who will step down from the Board on December 1, 2023. Reynolds will continue to serve as chair of the Audit Committee and as a member of the Governance and Public Policy Committee.
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Live-fire test success for RTX's Raytheon Lower Tier Air and Missile Defense Sensor

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RTX (NYSE: RTX) - Raytheon's LTAMDS radar successfully tracked and intercepted a cruise missile, marking a significant milestone in its development. This advanced radar, powered by Gallium Nitride, is designed to provide enhanced air and missile defense capabilities for the U.S. Army. The successful live-fire engagement demonstrates the radar's ability to acquire and track targets, passing data to the Integrated Battle Command System for launch command, and guiding intercepting missiles. With all six radars under the 2019 contract completing production, rigorous testing is underway to achieve full operational capability by the end of 2024.
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RTX's Pratt & Whitney Canada and Gulfstream successfully complete first 100% SAF transatlantic flight with G600 business jet powered by PW800 engines

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Pratt & Whitney Canada (NYSE: RTX) and Gulfstream Aerospace Corp. successfully completed the first transatlantic flight using sustainable aviation fuel (SAF) with PW815GA engines on a Gulfstream business jet. The flight demonstrated the functionality of the engines and aircraft with 100% SAF, supporting future specifications for 100% SAF to achieve net-zero CO2 emissions. The flight used SAF with at least 70% lower lifecycle CO2 emissions than fossil-based jet fuel, showcasing the commitment to sustainability and environmentally responsible practices.
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/C O R R E C T I O N -- RTX/

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RTX: Pratt & Whitney Canada and Gulfstream complete first 100% SAF transatlantic flight with G600 business jet powered by PW800 engines. The flight supports the aviation industry's goal of achieving net-zero CO2 emissions. The Gulfstream G600 flew from Savannah, Georgia to Farnborough, United Kingdom, using sustainable aviation fuel produced by World Energy and powered by PW815GA engines with 100% Hydro processed Esters and Fatty Acids.
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FAQ

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

The current stock price of RTX Corporation (RTX) is $117.04 as of December 26, 2024.

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

The market cap of RTX Corporation (RTX) is approximately 156.0B.

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

#73 Ranked by Market Cap
#1350 Ranked by Dividends

RTX Stock Data

156.01B
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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