Swiss shop becomes the 17th active facility in growing GTF MRO network The GTF MRO network is part of Pratt & Whitney EngineWise® solutions which provide operators with a full range of aftermarket services resulting in long-term, sustainable value. For more information, visit prattwhitney.com/enginewise. SOURCE RTX EAST HARTFORD, Conn., July 19, 2024 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, and SR Technics announced today the induction of the first Pratt & Whitney GTF™ engine at the MRO ...

Revenues are expected to be $19.31 billion, up 5.4% from the year-ago quarter. Over the last four quarters, the company has beaten consensus EPS estimates four times. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). While management's discussion of business conditions on the ea ...

Army and Navy programs combine to defeat complex threat PEARL HARBOR, Hawaii, July 18, 2024 /PRNewswire/ -- At Valiant Shield 24, Raytheon, an RTX business, demonstrated a simulated complex missile engagement leveraging the U.S. Army's Lower Tier Air and Missile Defense Sensor, or LTAMDS, and Integrated Air and Missile Defense Battle Command System, IBCS, launching the U.S. Navy's premier, long-range effector, Standard Missile-6 (SM-6). "The successful test confirms a viable option for INDOPACOM by demonstr ...

"Having led three of the six strategic business units at Collins Aerospace, Troy has a deep understanding of the portfolio and its customers," said Calio. "Troy's decades of industry experience and leadership make him the right person to lead Collins into its next phase of growth." "Steve's leadership has been the driving force for the full integration of the Collins business," said Calio. "The blueprint he has developed sets Collins Aerospace on strong footing for future success." About RTX SOURCE RTX ARLI ...

New center will employ 150 aerospace experts and drive customer service and operations support The facility is expected to employ more than 150 aerospace experts and engineers who will support a global customer service ecosystem. The center will be co-located with Pratt & Whitney's supply chain operations, engineering, and digital transformation centers of excellence in India. Employees at the Customer Service Center will deliver a wide range of services such as maintenance, repair and operations (MRO) supp ...

The most recent trading session ended with RTX (RTX) standing at $101.62, reflecting a +0.34% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.28% gain on the day. Elsewhere, the Dow gained 0.53%, while the tech-heavy Nasdaq added 0.4%. In the context of valuation, RTX is at present trading with a Forward P/E ratio of 18.76. This valuation marks a premium compared to its industry's average Forward P/E of 17.83. Meanwhile, RTX's PEG ratio is currently 1.8. Comparable to th ...

Earlier this year, the U.S. Department of Defense formally selected the F135 ECU as the only modernization solution for the F-35's propulsion system because it assessed that Pratt & Whitney alone "has the experience, special skills, proprietary technical documentation, software/algorithms, and technical expertise required to furnish the supplies and services." About RTX EAST HARTFORD, Conn., July 15, 2024 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, completed the F135 Engine Core Upgrade's ...

RTX Corporation's (RTX) business segment, Raytheon, recently won a $1.2 billion contract for delivering its Patriot air and missile defense systems to Germany. The successful delivery of the aforementioned missile system should improve revenue growth for RTX in the future years. Per the terms of the agreement, RTX will offer the most current Patriot Configuration 3+ radars, launchers, command and control stations, associated spares and support to the German government. Patriot is a long-range, high-altitude ...

Introduction Global tensions are rising. A few hours before I started working on this article, NATO came out (for the first time ever), making the case that China enabled the war in Ukraine by supporting Russia. ■ Alliance members label China a 'decisive enabler' for Russia ■ Summit communique reflects heightened tension with alliance (3 (in (2) @ ( One of the biggest takeaways here is that NATO is increasingly preparing for a multi-theater threat scenario, requiring significant investments in defense moder ...

This marks the second Patriot order for Germany in 2024 About Raytheon SOURCE RTX "Patriot remains the tried-and-true stalwart of air and missile defense, relied upon by our global customers to deter aggression and defend their interests," said Tom Laliberty, president of Land and Air Defense Systems at Raytheon. "With each additional Patriot system, Germany is enhancing its own air defenses and strengthening NATO's defense posture." With more than 185,000 global employees, RTX pushes the limits of technolo ...