Welcome to our dedicated page for RTX news (Ticker: RTX), a resource for investors and traders seeking the latest updates and insights on RTX stock.
RTX Corp (NYSE: RTX) delivers cutting-edge solutions across aerospace and defense through its Collins Aerospace, Pratt & Whitney, and Raytheon segments. This news hub provides investors and industry professionals with centralized access to official updates and market analysis.
Track critical developments including quarterly earnings, defense contract awards, and aviation technology innovations. Our curated collection ensures you stay informed about strategic partnerships, regulatory milestones, and operational advancements shaping this industrial leader.
Discover press releases covering next-generation engine developments, aerospace component innovations, and defense system upgrades. Bookmark this resource for real-time updates on RTX's position in global aviation infrastructure and national security solutions.
Sidus Space, Inc. (NASDAQ:SIDU), a Space-as-a-Service company, has partnered with Collins Aerospace to secure NASA's Exploration Extravehicular Activity (xEVAS) services contract. This program, valued at up to $3.5 billion through 2034, will focus on developing new spacesuit capabilities for NASA’s International Space Station and Artemis missions. As a major subcontractor, Sidus aims to play a vital role in the design and manufacturing of these technologies, enhancing its revenue opportunities through strategic partnerships.
Raytheon Technologies (NYSE: RTX) has announced the establishment of its global headquarters in Arlington, Virginia, effective June 7, 2022. This strategic move aims to enhance support for U.S. government and commercial aerospace clients and strengthen partnerships in advancing innovative technologies. The new headquarters will be located in the Rosslyn neighborhood, close to existing operations of the company's four business units in Virginia. Remarkably, Raytheon has not sought any financial incentives from state or local authorities for this transition.
Raytheon Technologies Corporation (NYSE: RTX) declared a dividend of 55 cents per share, payable on Sept. 8, 2022, to shareholders of record by Aug. 19, 2022. This continues a streak of annual cash dividends since 1936, reflecting the company's commitment to returning value to shareholders. Raytheon Technologies, formed in 2020, operates in the aerospace and defense sector, providing various advanced systems for commercial and military applications.
Collins Aerospace, a Raytheon Technologies business, has been selected to manufacture NASA's next-generation spacesuit for missions to the International Space Station and the Moon. This new suit, designed by astronauts, offers enhanced mobility, is lighter, and accommodates a variety of body types. The modular design will allow rapid incorporation of new technologies. Collins Aerospace has a rich legacy in spacesuit development, having designed suits for both the Moon landing and current ISS operations.
RTX A/S has announced the expansion of its audio module series supporting the Sheerlink product solutions during the NAMM show held in
Raytheon Missiles & Defense has secured a $624 million contract from the U.S. Army to manufacture 1,300 Stinger missiles. This contract encompasses engineering support and production acceleration to meet urgent defense needs, particularly for replenishing stocks provided to Ukraine. The funding is part of the Ukraine Supplemental funding package aimed at supporting Ukrainian defense forces. The Stinger missile is recognized for its operational effectiveness against aerial threats.
Raytheon Technologies (NYSE: RTX) CFO Neil Mitchill is scheduled to present at UBS's Global Industrials and Transportation conference on June 8, 2022, at 12:10 p.m. Eastern Time. The presentation will be live-streamed and later archived on www.rtx.com. Raytheon Technologies operates in the aerospace and defense sectors, offering advanced systems and services for commercial and governmental needs through its four main businesses: Collins Aerospace Systems, Pratt & Whitney, Raytheon Intelligence & Space, and Raytheon Missiles & Defense.
Raytheon Technologies (RTX) and Kord successfully demonstrated the capabilities of a 50kW high energy laser system during a U.S. Army operational assessment at White Sands Missile Range. Over four weeks, the system countered multiple 60mm mortar rounds while also defeating various drone threats. The DE M-SHORAD system aims to enhance protection against aerial threats and is on track for operational fielding in 2022. This collaboration highlights the integration of advanced technologies, offering a near-zero cost per shot and adapting to various platforms for military applications.
Raytheon Technologies (NYSE: RTX) has announced a strategic investment in Hermeus Corporation, joining a $100 million Series B financing round to support the development of hypersonic aircraft. The investment is part of RTX Ventures, aiming to advance aerospace and defense innovations. This partnership will enhance Hermeus' efforts in building its Quarterhorse aircraft and accelerating the Darkhorse project. RTX Ventures focuses on areas like artificial intelligence and precision sensing, emphasizing the importance of hypersonic technologies for national security.
Intelsat has appointed four new leaders to enhance its financial and commercial functions. Toby O’Brien, previously CFO at Raytheon Technologies (RTX), will become Intelsat’s new CFO. Michael DeMarco shifts to Chief Commercial Officer after over 20 years with Intelsat. Clay McConnell is named Senior VP of Corporate Communications and Marketing, joining from Delta Air Lines (DAL). Jeff Sare becomes President of the Commercial Aviation division, previously with Panasonic Avionics. These appointments aim to bolster Intelsat's strategic initiatives in global connectivity.
