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RTX signs its largest renewable electricity deal to date
Prnewswire· 2024-04-18 11:00
Agreement with ENGIE will power 12 RTX sites in Texas ARLINGTON, Va., April 18, 2024 /PRNewswire/ -- RTX (NYSE: RTX) announced an agreement with a subsidiary of ENGIE North America (ENGIE) that will provide 100% renewable electricity to 12 of the company's Texas facilities. The agreement with ENGIE Resources LLC, which runs through 2033, will begin with six RTX locations in Texas in 2024 and expand to 12 locations by 2028. The deal is RTX's largest renewable energy procurement to date, nearly doubling the c ...
Why RTX (RTX) is a Top Momentum Stock for the Long-Term
Zacks Investment Research· 2024-04-17 14:51
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Score ...
RTX (RTX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Zacks Investment Research· 2024-04-16 15:07
Wall Street expects a year-over-year increase in earnings on higher revenues when RTX (RTX) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 23. On the other ...
RTX (RTX) Stock Falls Amid Market Uptick: What Investors Need to Know
Zacks Investment Research· 2024-04-11 22:56
The most recent trading session ended with RTX (RTX) standing at $100.78, reflecting a -0.57% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily gain of 0.74%. Elsewhere, the Dow saw a downswing of 0.01%, while the tech-heavy Nasdaq appreciated by 1.68%.Shares of the an aerospace and defense company witnessed a gain of 11.93% over the previous month, beating the performance of the Aerospace sector with its loss of 4.98% and the S&P 500's gain of 0.8%.Anal ...
Raytheon: Tailwinds From A Defense Boom Will Converge Nicely With Economic Strength
Seeking Alpha· 2024-04-10 23:08
petesphotography/iStock Unreleased via Getty ImagesAbout six months ago, Raytheon Technologies (NYSE:RTX) was in Wall Street's proverbial doghouse because of an engine issue requiring major fixes, major financial hits, and a major inconvenience to its customers. At the time, I pointed out that finding out about the issue this way, instead of in a tragic news headline, was much preferred. Raytheon has had a bout of very strong performance lately. I think it will continue, and I believe that this firm is ...
RTX's Pratt & Whitney announces GTF MRO capacity expansion at West Palm Beach facility
Prnewswire· 2024-04-10 14:30
Engine center's GTF capacity to increase 40% by 2025CHICAGO, April 10, 2024 /PRNewswire/ -- (MRO Americas) Pratt & Whitney, an RTX (NYSE: RTX) business, today announced a $20 million investment to increase the GTF maintenance, repair and overhaul (MRO) capacity of its West Palm Beach Engine Center. The expansion will accommodate a 40% increase in capacity and is expected to be complete by the second half of 2025. Pratt & Whitney’s West Palm Beach facility to increase GTF engine capacity by 40% through 20 ...
RTX provides Blue Canyon satellite to help solve a crucial climate challenge
Prnewswire· 2024-04-10 14:00
LAFAYETTE, Colo., April 10, 2024 /PRNewswire/ -- Blue Canyon Technologies, RTX's (NYSE: RTX) small satellite manufacturer and mission services provider, announced the successful launch and initial contact with the MethaneSAT satellite. MethaneSAT is the first satellite funded by a nonprofit organization to accelerate more effective efforts to reduce emissions of methane, a greenhouse pollutant responsible for about 30 percent of today's global warming. Blue Canyon provided its the Saturn-class bus integr ...
RTX's Pratt & Whitney announces North American Technology Accelerator
Prnewswire· 2024-04-09 14:00
Second center of excellence to advance MRO technologies and performanceCHICAGO, April 9, 2024 /PRNewswire/ -- (MRO Americas) Pratt & Whitney, an RTX (NYSE: RTX) business, today announced details of its North American Technology Accelerator (NATA), a commercial and military aftermarket operations center of excellence based in Florida. The NATA will have dedicated floor space, equipment and resources for the development and industrialization of technology insertion programs that will support the company's glo ...
RTX's Raytheon completes critical milestone for VIIRS program
Prnewswire· 2024-04-08 14:00
Company completes thermal vacuum testing of the fourth sensor EL SEGUNDO, Calif., April 8, 2024 /PRNewswire/ -- Raytheon, an RTX business (NYSE: RTX), has completed a major test milestone on its latest Visible Infrared Imaging Radiometer Suite (VIIRS) sensor. The VIIRS instrument observes and collects global environmental data that spans visible and infrared wavelengths across land, ocean, and atmosphere and is a pivotal part of the NASA-NOAA Joint Polar Satellite System (JPSS) series of satellites.  VII ...
RTX Corporation Is In The Right Place At The Right Time
Seeking Alpha· 2024-04-05 16:02
MikeMareen RTX Corporation (NYSE:RTX), formerly Raytheon, is a massive aerospace and defense conglomerate with a market capitalization of $130 billion. The company has some of the strongest defense technology in its portfolio on the planet. As we'll see throughout this article, the company's assets combined with the geopolitical market make it a valuable investment. RTX Corporation 2023 Performance The company had a strong 2023, highlighting the size of its business, with almost $75 billion in adjusted ...