Raytheon Technologies Aktie News

Updates will allow for continued, rapid deliveries of Standard Missile variants to the U.S. and international fleets TUCSON, Ariz. , April 25, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has been awarded a $344 million contract for the development of two missile variants – the SM-2 Block IIICU and SM-6 Block IU – which will be based on a common guidance section, where the electr...

Lockheed Martin Corp and RTX Corp , fresh off a surge of orders in response to Russian aggression against Ukraine and the war in Gaza, stand to profit from $95 billion of mostly new weapons funding as the increasingly drawn out conflicts renew demand for pricey equipment.

RTX Corporation (formerly Raytheon Technologies) beat expectations in Q1, with sales up 12% and adjusted earnings up 10%. Collins Aerospace saw 9% revenue growth, driven by commercial aftermarket and OEM sales. Pratt & Whitney faced challenges with higher expenses, but sales grew 23%.

Investors are keenly watching for an update on an engine inspection issue RTX is managing. Defense contractors continue to face margin pressures, and investors will want to see improvement on the issue.

Expansion will support key missile programs including Glide Phase Interceptor HUNTSVILLE, Ala. , April 23, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, recently broke ground on a $115 million, 26,000 square-foot expansion of its Redstone Raytheon Missile Integration Facility, which will increase the factory's space for integrating and delivering on critical defense programs by mo...

RTX Corp. (formerly Raytheon Technologies) has seen a big increase in its stock price and has become a core holding in family portfolios. The company reported strong quarterly earnings, with organic sales growth of 12% and a record backlog of more than $200 billion. RTX benefits from government contracts and is investing in R&D to stay competitive, with a focus on next-generation technologies a...

RTX Corporation (NYSE:RTX ) Q1 2024 Earnings Call Transcript April 23, 2024 8:30 AM ET Company Participants Greg Hayes - Chairman and CEO Chris Calio - President and COO Neil Mitchill - CFO Jennifer Reed - VP of IR Conference Call Participants Myles Walton - Wolfe Research Kristine Liwag - Morgan Stanley Seth Seifman - JPMorgan Ron Epstein - Bank of America Cai Von Rumohr - TD Cowen Sheila Kahy...

RTX Corp (NYSE: RTX) is trading down in premarket on Tuesday even though it came in ahead of Street estimates for its first financial quarter.  Why is RTX stock down on Tuesday?