Mission data processing framework rapidly moved from prototype to operations at Battlespace Awareness Center AURORA, Colo., May 6, 2024 /PRNewswire/ -- An advanced ground system for space-based missile warning developed by Raytheon, an RTX (NYSE: RTX) business, is now operational at the U.S. Space Force's Overhead Persistent Infrared Battlespace Awareness Center (OBAC). The Future Operationally Resilient Ground Evolution Mission Data Processing Application Framework (FORGE MDPAF) is a modular and adaptable ...

Advanced imagers will provide high-resolution visual data in real timeARLINGTON, Va., May 3, 2024 /PRNewswire/ -- Two next-generation imaging instruments designed by Raytheon, an RTX (NYSE: RTX) business, launched yesterday as part of Maxar's WorldView Legion satellites. These are the first two of six planned WorldView Legion satellites, which will provide a significant leap forward in Earth observation capabilities, offering improved surveillance and monitoring for a wide range of applications. Raytheon ...

Visiongain has published a new report entitled Military and Defence Semiconductor Market Report 2024-2024: Forecasts by Technology (Surface Mount Technology, Through Hole Technology (THT) Mounting, Other), by End-user (Army, Navy, Air Force, Other), by Application (Command and Control Systems, Communication Systems, Radar Systems, Electronic Warfare Systems, Other), by Component (Microprocessors, Memory Chips, Integrated Circuits, Logic, Optoelectronics, Other) AND Regional and Leading National Market Analy ...

Amidst the turbulence of global economic shifts, geopolitical crises and industry challenges, RTX Corporation (NYSE: RTX) emerges as a beacon of resilience and growth in last few quarters. The company, formerly known as Raytheon Technologies, recently released its Q1 2024 earnings report, unveiling a robust performance that surpassed market expectations.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Despite grappling with the repercussions of the GTF ...

Sure, RTX stock has potential -- but its shares already look expensive.RTX Corporation (RTX -0.90%) reported terrific earnings last week, beating analyst targets on both the top and bottom lines Tuesday. Granted, its guidance for the rest of this year was a bit underwhelming, with forecast ranges for both sales and earnings falling short of the Wall Street consensus. Investment bank Susquehanna didn't let that scare it off from recommending the shares, however.On Wednesday, Susquehanna analyst Christopher R ...

Given its 50% stock price appreciation since hitting a 52-week low, is RTX stock still a buy?RTX (RTX 1.02%) beat on both the top and bottom lines in its earnings report last week. But it also released guidance for the rest of 2024 which revealed less than many analysts hoped.That news led Wells Fargo analyst Matthew Akers to trim his RTX price target by $1 (to $119 per share). The new target implies 16% upside over the next 12 months. On balance, the analyst remains optimistic about this defense contractor ...

Spanish partner to contribute to European GEM-T missile development and productionTUCSON, Ariz., April 29, 2024 /PRNewswire/ -- Raytheon, an RTX business (NYSE: RTX), has awarded Spanish supplier, Sener, a contract to develop and produce the electro-mechanical control section of the Patriot® GEM-T missile. Sener will directly contribute to missile production in Europe in support of the recently awarded GEM-T contract by the NATO Support and Procurement Agency (NSPA) for a quantity of up to 1,000 missiles fo ...

jetcityimage I began covering RTX (NYSE:RTX) (back then still known as Raytheon Technologies) back in November when I assigned an Overweight. My thesis was largely based on the confluence of a heavily discounted valuation in light of the recent GTF issues and a promising portfolio benefitting from the current aerospace upcycle, especially driven by Collins' aftermarket strength. In January I commented on RTX's Q4 and FY23 earnings which reaffirming my conviction as the company demonstrated strong execution ...

Company sees top rankings from multiple organizations globally ARLINGTON, Va., April 25, 2024 /PRNewswire/ -- RTX (NYSE: RTX) received recognition from three separate organizations for innovation in patented technology. The Harrity Patent Analytics Patent 300® List, The European Patent Office (EPO) Patent Index, and The Clarivate™ Top 100 Global Innovators all issued their 2024 rankings naming RTX in the top 15 in each list. "Innovation is the fuel that powers advanced technology development," said RTX Chie ...

Updates will allow for continued, rapid deliveries of Standard Missile variants to the U.S. and international fleetsTUCSON, 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 electronics and software that guide a missile to its target are housed. The SM-2 missile is primarily used by U.S. and a ...