Raytheon Technologies(RTX)
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Why RTX (RTX) is a Top Growth Stock for the Long-Term
Zacks Investment Research· 2024-03-08 15:51
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.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Scor ...
Why the Market Dipped But RTX (RTX) Gained Today
Zacks Investment Research· 2024-03-05 23:56
In the latest market close, RTX (RTX) reached $90.06, with a +0.17% movement compared to the previous day. The stock exceeded the S&P 500, which registered a loss of 1.02% for the day. Elsewhere, the Dow lost 1.04%, while the tech-heavy Nasdaq lost 1.65%.The the stock of an aerospace and defense company has fallen by 2.53% in the past month, lagging the Aerospace sector's gain of 2.05% and the S&P 500's gain of 3.64%.Market participants will be closely following the financial results of RTX in its upcoming ...
Icelandair selects RTX's Pratt & Whitney GTF™ engines to power up to 35 Airbus A320neo family aircraft
Prnewswire· 2024-03-04 10:00
Airline also selects EngineWise® maintenance long-term agreement EAST HARTFORD, Conn., March 4, 2024 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, today announced that Icelandair has selected GTF engines to power up to 35 new Airbus A320neo family aircraft, comprising a mix of leased and purchased A321XLR and A321LR aircraft. With this order, Icelandair becomes a first-time GTF customer. The airline has also selected an EngineWise® agreement for the long-term maintenance, repair and overhaul ...
RTX Corporation: A Buy For 2024, Valuation Leaves Enough Margin For Safety
Seeking Alpha· 2024-03-02 12:40
ginga71 Introduction The aerospace and defense sector offers an exciting mix of commercial and military uses. The industry is critical to the national security of the U.S. and its allies and thus tends to be stable. As geopolitical tensions rise in Europe and the Middle East, countries prioritize defense spending, and these companies can capitalize on it, together with the resurgence of international travel following the pandemic. RTX Corporation (NYSE:RTX) is a leading company in the sector. Its diversifie ...
Why Is Poland Buying $1.2 Billion in Blimps from RTX Corp?
The Motley Fool· 2024-03-02 11:06
It's ba-a-ck!If you lived on the East Coast in 2015, you probably remember the saga of Raytheon's wandering blimp. A few days before Halloween, a Joint Land Attack Cruise Missile Defense Elevated Netted Sensor System (JLENS) air defense aerostat that Raytheon -- now RTX Corporation (RTX 0.14%) -- sold to the military broke loose from its moorings and began floating willy-nilly up and down the countryside before eventually being shot out of the sky by Pennsylvania State Troopers armed with shotguns.It probab ...
Here's Why RTX (RTX) Fell More Than Broader Market
Zacks Investment Research· 2024-02-28 23:55
The most recent trading session ended with RTX (RTX) standing at $89.92, reflecting a -0.55% shift from the previouse trading day's closing. This change lagged the S&P 500's daily loss of 0.17%. At the same time, the Dow lost 0.06%, and the tech-heavy Nasdaq lost 0.55%.Heading into today, shares of the an aerospace and defense company had lost 0.2% over the past month, lagging the Aerospace sector's gain of 2.67% and the S&P 500's gain of 3.98% in that time.Market participants will be closely following the ...
RTX's Raytheon completes first flight test for new AMRAAM-ER variant
Prnewswire· 2024-02-27 14:00
Successful test showcases increased capabilities of upgraded AMRAAM-ERANDOYA, Norway, Feb. 27, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, and Kongsberg Defence & Aerospace, with support from the Norwegian Ministry of Defense (MoD) and Armed Forces, successfully completed a flight test of an updated AMRAAM®-Extended Range missile variant from a National Advanced Surface-to-Air Missile System (NASAMS). The successful flight test showcases the increased capabilities of the upgraded AMRAAM-ER. ...
Collins Elbit Vision Systems delivers 3,000th F-35 Gen III Helmet Mounted Display System to the Joint Strike Fighter
Prnewswire· 2024-02-26 14:00
Delivery achieves significant partnership milestoneWILSONVILLE, Ore., Feb. 26, 2024 /PRNewswire/ -- Collins Elbit Vision Systems (CEVS) – a joint venture between Collins Aerospace, and Elbit Systems of America (Elbit America) – announced today that it has delivered the 3,000th F-35 Gen III Helmet Mounted Display Systems (HMDS) to the Joint Strike Fighter. Collins Aerospace is an RTX (NYSE: RTX) business. Collins Elbit Vision Systems F-35 Gen III HMDS is the world’s most advanced helmet-mounted display sy ...
RTX Corporation (RTX) Presents at Barclays 41st Annual Industrial Select Conference 2024 (Transcript)
2024-02-22 18:40
RTX Corporation (NYSE:RTX) Barclays 41st Annual Industrial Select Conference 2024 February 22, 2024 8:35 AM ET Company Participants Chris Calio - President & Chief Operating Officer Conference Call Participants David Strauss - Barclays David Strauss Good morning everyone. We're going to get started with our next session. We have RTX here Chris Calio, President and COO, incoming CEO, I guess, in May. And with that, I'll turn it over to Chris for some opening remarks forward-looking statements and we'll get ...
Why Is RTX (RTX) Up 0.8% Since Last Earnings Report?
Zacks Investment Research· 2024-02-22 17:36
A month has gone by since the last earnings report for RTX (RTX) . Shares have added about 0.8% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is RTX due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. RTX Q4 Earnings Surpass Estimates by 3%, Sales Increase Y/YRTX Corpo ...