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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 and DARPA to revolutionize Gallium Nitride technology for improved radio frequency sensors

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Raytheon (RTX) Awarded $15M DARPA Contract to Enhance RF Sensor Capabilities with Diamond Technology
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RTX's Pratt & Whitney receives sustainment contract valued up to $870 million for TF33 engines powering B-52s, E-3s

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Pratt & Whitney (RTX) awarded a $870 million long-term TF33 engine sustainment contract by the Defense Logistics Agency. The contract aims to establish a holistic sustainment solution for the TF33 engine, supporting a range of aircraft, including the B-52 Stratofortress and E-3 Sentry. Pratt & Whitney will provide comprehensive engine sustainment services for a global fleet of nearly 1,000 engines over a six-year period, with an option of extending for another four years. The services include maintenance, spare parts, program management, field service, repairs, and engineering support. This first-of-its-kind approach will reduce obsolescence, supporting the U.S. Air Force's wartime readiness today and into the foreseeable future.
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RTX selected to provide development and services at NEOM Bay Airport

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RTX (Raytheon Technologies Corporation) Selected by ICAD for NEOM Bay Airport Project in Saudi Arabia. Collins Aerospace to Provide Integrated Airport Operational and Passenger Processing Systems. The project aims to enhance airport performance and passenger experience at one of the world's largest airport hubs. Collins' suite of connected Airport System products, including operational database, resource management, messaging, baggage and self-bag drop systems, will be deployed. NEOM Bay Airport expansion to feature state-of-the-art solutions such as common use self-service kiosks, travel document verification, baggage system, passenger processing, and flight information displays powered by Collins' AirVue™ system. The project is scheduled for completion in 2026.
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RTX's Pratt & Whitney Canada to maintain PW980 auxiliary power units for Emirates' Airbus A380 aircraft

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RTX (NYSE: RTX) Signs 10-Year Agreement with Emirates to Maintain PW980 Auxiliary Power Units (APUs) for A380 Fleet
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RTX's Pratt & Whitney Canada PT6A-34 engine selected by Valdor Aircraft to power Canadian BX Turbo Beaver

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Pratt & Whitney (NYSE: RTX) announced Valdor Aircraft's selection of the PT6A-34 engine for its conversion program of the single-engine BX Turbo Beaver, under a new supplemental type certificate from Transport Canada. The upgrade aims to bring new life to the aircraft, offering improved power, weight ratio, and fuel consumption. The PT6 engine family, known for its sustainability and versatility, has flown over 500 million hours and powers over 155 different aviation applications, with a positive social impact.
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Intelsat Names David J. Broadbent New Head of Government Business

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Intelsat (NYSE: I) appoints David J. Broadbent as the new President, Government Solutions. Broadbent, a space and defense veteran, will lead the company's government business globally and join the Management Committee. He brings extensive experience from Raytheon Technologies, where he served as president of the Space Systems business unit. Intelsat aims to leverage Broadbent's expertise to drive growth in the SATCOM and services sector.
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Korean Air now using RTX to improve predictive maintenance

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RTX (NYSE: RTX) announces Korean Air to use Collins Aerospace's Ascentia® Prognostic and Health Management (PHM) solution on its Boeing 787 fleet, improving reliability and predictive maintenance operations with advanced data analytics and machine learning algorithms.
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RTX to install airport solutions at Guam International Airport

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Collins Aerospace (RTX) Selected to Provide ARINC Airport Solutions at Guam International Airport to Streamline Passenger Processing and Comply with U.S. Customs & Border Protection Requirements
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U.S. Navy fields RTX's StormBreaker smart weapon on the F/A-18E/F Super Hornet

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Raytheon's StormBreaker smart weapon has been fielded on the F/A-18E/F Super Hornet, making it the first approved U.S. Navy aircraft to carry the weapon. The weapon's capabilities allow aviators to strike targets in difficult scenarios. StormBreaker features an innovative multimode seeker and small size, allowing fewer aircraft to address the same number of targets. It can also fly more than 40 miles to strike moving land and maritime targets, reducing aircrews' exposure to harm.
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RTX, Rafael to build missile production facility in Camden, Arkansas

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Raytheon and Rafael Advanced Defense Systems are partnering to build a $33 million manufacturing facility in East Camden, Arkansas to produce the Tamir missile for the Iron Dome Weapon System and its U.S. variant, SkyHunter. The facility will produce missiles for the U.S. Marine Corps and other allied partners, and is expected to begin production in 2025.
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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%
80.77%
0.8%
Aerospace & Defense
Aircraft Engines & Engine Parts
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United States of America
ARLINGTON