RTX (RTX) closed the latest trading day at $104.47, indicating a +0.23% change from the previous session's end. This change lagged the S&P 500's 0.77% gain on the day. On the other hand, the Dow registered a gain of 0.49%, and the technology-centric Nasdaq increased by 0.95%. RTX's full-year Zacks Consensus Estimates are calling for earnings of $5.39 per share and revenue of $79.04 billion. These results would represent year-over-year changes of +6.52% and +6.23%, respectively. Digging into valuation, RTX c ...

Transportable systems to be delivered to the French Armée de Terre Packaged into the most capable, lightweight and compact configuration available, ATNAVICS provides air traffic services for the rapid deployment of troops and equipment to remote locations or in support of humanitarian missions in severe environments. About Collins Aerospace ATNAVICS provides air traffic services for the rapid deployment of troops and equipment to remote locations. ATNAVICS is the world's only fully autonomous and complete m ...

Details of the Deal By offering these aids, RTX will support the U.S. Special Operations Command Program Executive OfficeFixed Wing, Special Operations Forces Acquisition, Technology, and Logistics-KF. Work related to this deal will be carried out in McKinney, TX. With the rapid escalation of geopolitical tensions globally in recent times, nations across the globe have been significantly boosting their defense arsenal. Since radars constitute a vital part of this arsenal, escalation in defense spending has ...

In the past year, RTX's shares have rallied 13.2% against the industry's 9.8% decline. Image Source: Zacks Investment Research RTX Corp. (RTX) recently clinched a modification contract involving the supply of spare parts for its Rolling Airframe Missile (RAM). The award has been provided by the Naval Sea Systems Command, Washington, D.C. Valued at $33.8 million, the contract is expected to be completed by February 2027. Per the terms of the deal, RTX is going to provide Mod 5 Guided Missile Launching System ...

New sensors to improve frequency and quality of imagery EL SEGUNDO, Calif., June 13, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, was awarded a $506 million contract from NASA to design and build the Landsat Next Instrument Suite (LandIS), which includes three next generation space instruments, with an option for an additional instrument. The instrument suite will perform Earth observation from three identical observatories from Low-Earth orbit. Through multispectral imaging technology, LandI ...

LAFAYETTE, Colo., June 12, 2024 /PRNewswire/ -- RTX's (NYSE: RTX) small satellite manufacturer and mission services provider, Blue Canyon Technologies, was selected to build two 12U CubeSat buses for NASA's PolSIR mission, which will study ice clouds that form at high altitudes throughout tropical and subtropical regions. In addition to designing and manufacturing the bus platforms, Blue Canyon will also provide mission operations services. Blue Canyon Technologies will design and manufacture the bus platfo ...

Heading into today, shares of the an aerospace and defense company had gained 1.68% over the past month, lagging the Aerospace sector's gain of 1.95% and the S&P 500's gain of 3.25% in that time. The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. ...

Under this contract, the U.S. Navy will receive seven additional radars, increasing the total amount of radars under contract for procurement to 38. The U.S. Navy is integrating SPY-6 into its surface fleet beginning with the USS Jack H. Lucas (DDG 125) that was commissioned in October 2023. The USS Richard M. McCool Jr. (LPD 29) is the second ship and the first to deploy the (V)2 variant. LPD 29 was delivered to the U.S. Navy April 11 following successful completion of builder's and acceptance trials in th ...

Valued at $27 million, the contract is expected to be completed by September 2025. The latest modification enables RTX to exercise options to provide depot as well as intermediate-level repair and maintenance support for Standard Missile ("SM"). Nations are reinforcing their military capabilities to strengthen their defense structure in the growing threat environment. In this context, increased spending has been witnessed on missile capabilities, resulting in a significant order inflow for companies like RT ...

Twin CubeSats will improve Earth climate modeling LAFAYETTE, Colo., June 6, 2024 /PRNewswire/ -- RTX's (NYSE: RTX) small satellite manufacturer and mission services provider, Blue Canyon Technologies, has established communication with both CubeSats for the NASA PREFIRE (Polar Radiant Energy in the Far InfraRed Experiment) mission. The PREFIRE mission will measure the amount of heat Earth emits into space from the Arctic and Antarctica. Blue Canyon Technologies has successfully made contact with NASA's twin ...