Contract will improve readiness and reduce costs for more than 400 enginesEAST HARTFORD, Conn., Feb. 20, 2025 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, secured a three-year contract valued up to $1.5 billion to sustain F119 engines, which power the U.S. Air Force's F-22 fighter jets. The contract will improve readiness and reduce costs for an F119 fleet of more than 400 engines that have flown over 900,000 engine flight hours."The F119's readiness and reliability rates have never been mo ...

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.I covered RTX (NYSE: RTX ) in January with a buy rating. Since then, the stock has declined more than 4% and is now trading 6.5% off its highest stock price over the past 52 weeks. The reason for that is that aerospace and defense stocksDhierin run ...

Demos highlight maturity and capability of Raytheon NGSRI solutionTUCSON, Ariz., Feb. 18, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, announced a series of 10 successful subsystem demonstrations for the U.S. Army's Next-Generation Short-Range Interceptor (NGSRI), which will eventually replace the Stinger® surface-to-air missile."These successful subsystem demonstrations are a crucial step in meeting the U.S. Army's range and performance requirements for this transformational short-range air ...

UAE facility will become the first GTF MRO network shop in the South Asia, Middle East and North Africa regionABU DHABI, UAE, Feb. 18, 2025 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, announced today that it will expand its global network of GTF engine maintenance providers to include Sanad Group ("Sanad"), the global aerospace engineering and leasing solutions leader wholly owned by Abu Dhabi's sovereign investor Mubadala Investment Company PJSC (Mubadala). Sanad's new state-of-the-art fa ...

Shares of RTX Corp (RTX -2.73%) are trading lower on Friday. The company's stock lost 2.8% as of market close but lost as much as 3.5% earlier in the day. The drop comes as the S&P 500 lost 0.1%, and the Nasdaq composite gained 0.4%.RTX, the defense giant formerly known as Raytheon, saw its stock impacted by comments made by President Trump on Thursday.What HappenedPresident Trump, speaking from the White House on Thursday, told reporters that he would move to slash defense spending. The President said that ...

RTX Corp. (RTX) recently completed a successful live-fire test of its Lower Tier Air and Missile Defense Sensor (“LTAMDS”), showcasing this advanced 360-degree radar’s ability to detect and track threats. During the test, LTAMDS identified a high-speed cruise missile, enabling a Patriot Advanced Capability-2 (PAC-2) Guidance Enhanced Missile-T (GEM-T) to intercept the target.This achievement reaffirms RTX’s leadership in the missile defense industry, with the company excelling in manufacturing both lethal m ...

Investors looking for stocks in the Aerospace - Defense sector might want to consider either RTX (RTX) or Airbus Group (EADSY) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style ...

RTX Corporation’s (RTX) business segment, Raytheon, recently secured a contract for providing design agent and engineering support services for the Rolling Airframe Missile (“RAM”). The deal has been provided by the Naval Sea Systems Command, Washington, D.C.Valued at $18.7 million, the contract is expected to be completed by March 2028. The work related to this deal will be carried out in Tucson, AZ.What’s Favoring RTX Stock? RTX's RAM-guided missile armament system is the world's most advanced ship self-d ...

Live fire ensures combat-proven effector's performance with LTAMDSWHITE SANDS MISSILE RANGE, N.M., Feb. 12, 2025 /PRNewswire/ -- Raytheon, an RTX business, announced that its Lower Tier Air and Missile Defense Sensor, or LTAMDS, successfully completed another complex live-fire test, detecting and tracking a high-speed cruise missile and guiding a Patriot Advanced Capability-2 (PAC-2) Guidance Enhanced Missile-T (GEM-T) to defend against the surrogate threat. The milestone is the latest in a rigorous U.S. Ar ...

Group 1 - Collins Aerospace launched the Powered by Collins Initiative™ 2025 edition at Aero India, focusing on collaboration with small- to medium-sized enterprises in deep tech, particularly in material informatics and quantum-enabled navigation [1][2] - The initiative aims to address known needs for active aerospace and defense projects through funded, rapid development demonstration programs, enhancing solution deployment for customers [2] - The program has been expanded to include the Powered by Collins ecosystem on Switchpitch, an online platform that connects startups with enterprises, investors, and technology accelerators [3][4] Group 2 - The Powered by Collins Ecosystem complements existing collaboration networks, allowing Collins business teams to engage potential solution providers throughout the year, fostering dynamic collaboration [4] - Collins Aerospace is a leader in integrated and intelligent solutions for the aerospace and defense industry, employing 80,000 people dedicated to advancing technologies for sustainable aviation and mission success [5] - RTX, the parent company of Collins Aerospace, is the world's largest aerospace and defense company, with over 185,000 employees and 2024 sales exceeding $80 billion [6]