RTX Corporation - RTX STOCK NEWS

Raytheon Intelligence & Space, a subsidiary of Raytheon Technologies (NYSE: RTX), has been awarded the 'Overall CyberSecurity Company of the Year' by CyberSecurity Breakthrough. This recognition highlights the company's advanced solutions in cyber defense, aimed at protecting critical information for government and business sectors. With a broad suite of services, including Cyber-as-a-Service, Raytheon focuses on proactive threat hunting and managed detection. The awards program received over 3,750 nominations globally, emphasizing the competitive nature of the cybersecurity industry.

Raytheon Missiles & Defense has received approval from the U.S. Air Force's Air Combat Command to deploy the StormBreaker smart weapon on the F-15E aircraft. This decision enhances the capability of F-15E squadrons to engage both maritime and land-based targets effectively in challenging weather conditions. The StormBreaker features a multimode seeker allowing it to hit targets over 40 miles away, significantly reducing aircrew vulnerability. Initial deployment on the F/A-18E/F Super Hornet is scheduled for later this year, followed by integration with the F-35 Joint Strike Fighter.

Raytheon Technologies (NYSE: RTX) is set to announce its third quarter 2020 earnings on October 27, prior to the stock market opening. A conference call will be held at 8:30 a.m. ET, accompanied by a presentation available on the company’s website. Analysts can participate in the Q&A session by pressing '1' during the call. The live broadcast can be accessed online, and a recorded replay will be available from October 27 to November 10 via phone.

Raytheon Intelligence & Space has launched DejaVM™, a new tool designed for cyber threat evaluation in mission-critical systems. This virtualized environment allows automated cyber testing without needing specialized physical hardware. The tool enhances software development and security through advanced analysis features, enabling users to debug code and identify vulnerabilities. With rising cyber threats, DejaVM aims to improve system protection and resilience against potential cyber-attacks, catering to military and commercial sectors.

Raytheon Technologies (NYSE: RTX) President and CEO Greg Hayes will present at the Morgan Stanley Virtual 8th Annual Laguna Conference on September 16, 2020, at 9:45 a.m. Eastern Time. The presentation will be streamed live and available for later viewing on the company's website. Raytheon Technologies is a leading aerospace and defense company formed in 2020, with 195,000 employees and four main divisions including Collins Aerospace and Pratt & Whitney. Their expertise encompasses advanced technologies in avionics, cybersecurity, and hypersonics.

On Sept. 2, 2020, Collins Aerospace Systems, part of Raytheon Technologies (NYSE: RTX), launched its Kiosk Connect solution, enabling a fully contactless airport experience. By scanning a QR code with their mobile devices, passengers can check in and generate boarding passes without touching kiosks, enhancing safety as travel resumes. Integrating secure biometric solutions, the system allows seamless transitions through check-in, security, and boarding using a single token ID. This innovation aims to restore traveler confidence in air travel amidst evolving safety concerns.

Raytheon Technologies' Next Generation Jammer Mid-Band (NGJ-MB) successfully completed its first flight test on the EA-18G Growler on August 7, 2020, at Naval Air Station Patuxent River, Maryland. This advanced electronic attack system aims to disrupt enemy communications and air-defense systems. Following over 600 hours of ground testing, this milestone advances NGJ-MB towards Milestone C and initial operational capability (IOC). The program plans further testing to assess flight performance and system integration, with a total of 28 Engineering Development Model pods scheduled for delivery.

Raytheon Technologies (NYSE: RTX) announced a $4 million grant to the Alabama School of Cyber Technology and Engineering (ASCTE) to enhance cybersecurity and engineering education. Located in Huntsville, ASCTE is Alabama's first public residential high school focused on these fields, offering free tuition and housing. The school's mission is to combat the shortage of cybersecurity talent, requiring a 145% workforce increase. The facility will open in August 2022, aiming to accommodate over 350 students by 2024, bolstered by local land donations and private sector support.

Raytheon Missiles & Defense and RAFAEL Advanced Defense Systems have formed a joint venture to establish an Iron Dome Weapon System production facility in the U.S. This facility will be the first Iron Dome production site outside of Israel and aims to support the U.S. Department of Defense and its allies. The facility will manufacture both the Iron Dome's Tamir interceptor and the U.S. derivative SkyHunter missile, enhancing the defense capabilities against aerial threats. This partnership marks over a decade of collaboration between the two companies on the Iron Dome system.