Raytheon Technologies(RTX)
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RTX Secures a $1.31B Navy Contract for F135 Propulsion System
ZACKS· 2024-12-04 14:31
RTX Corporation’s (RTX) business unit, Pratt and Whitney, recently secured a modification contract involving the F135 propulsion system. The award has been offered by the Naval Air Systems Command, Patuxent River, MD.Details of RTX’s DealValued at $1.31 billion, the contract is expected to be completed by November 2025. The latest modification enables RTX to provide recurring depot-level maintenance and repair, sustainment support, program management, financial and administrative activities, propulsion inte ...
RTX's Raytheon Completes Delta Design Review for its F/A-18E/F Advanced Electronic Warfare Prototype
Prnewswire· 2024-12-04 13:00
System will integrate 6th generation capabilities into the Navy's primary Strike Fighter aircraftMCKINNEY, Texas, Dec. 4, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has successfully completed a Delta Design Review of its Advanced Electronic Warfare, or ADVEW, prototype for the U.S. Navy's F/A-18 E/F Super Hornet. ADVEW is being developed to replace existing electronic warfare components on the aircraft to improve survivability and long-term sustainability.Executed ahead of schedule, the rev ...
DARPA taps RTX for sensors that defy standard limits
Prnewswire· 2024-12-03 14:00
RTX BBN Technologies creating photonic chip-scale quantum sensors for defense and commercial applications CAMBRIDGE, Mass., Dec. 3, 2024 /PRNewswire/ -- RTX's (NYSE: RTX) BBN Technologies is developing next-generation, compact, low-power, deployable photonic sensors that will provide users with better awareness of environmental elements critical to their missions with greater than ten-times the precision of current sensors. This new capability will have widespread defense and commercial applicability, disru ...
RTX Secures $95M Contract to Deliver Navigation Systems
ZACKS· 2024-12-03 13:21
RTX Corporation’s (RTX) business segment, Collins Aerospace, recently won its fourth order, worth $95 million, for the Mounted Assured Positioning, Navigation (PNT) and Timing Generation II systems (MAPS Gen II).To increase resilience during multi-domain operations, the U.S. Army and Marine Corps will deploy jam-and-spoof-resistant navigation solution hardware on combat ground vehicles.What’s Lies Ahead for RTX? Rising geopolitical tensions, with threats continuing to evolve and advance, have led to a deman ...
RTX Secures a $186M Navy Contract to Support Aegis Weapon System
ZACKS· 2024-12-02 21:01
RTX Corp. (RTX) recently clinched a contract involving the Aegis missile guidance weapon system. The award has been offered by the Naval Supply Systems Command Weapon Systems Support, Philadelphia, PA. Details of the RTX DealValued at $185.8 million, the contract is projected to be completed by December 2026. Per the terms of the deal, RTX will repair, upgrade, or replace 160 parts of the MK99 fire control system and the SPY-1D(V) transmitter, two subsystems of the Aegis Weapon System.A major portion of the ...
RTX's Collins Aerospace to deliver additional MAPS Gen II units
Prnewswire· 2024-12-02 14:00
Navigation hardware to protect platforms against threatsCEDAR RAPIDS, Iowa, Dec. 2, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, received its fourth order for the Mounted Assured Positioning, Navigation (PNT) and Timing Generation II systems (MAPS Gen II), valued at $95 million. The jam-and-spoof-resistant navigation solution hardware will be delivered to the U.S. Army and the U.S. Marine Corps for installation on combat ground vehicles to provide resiliency during multi-domain opera ...
Why RTX Stock Is A Buy In 2025 And I Keep Buying
Seeking Alpha· 2024-12-01 12:11
If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.In October, I covered RTX Corporation (NYSE: RTX ) and maintained my buy rating despite the fact that the stock seemed rather expensive. With the end of the year nearing, I want to assess whether RTX Corporation stock is stillDhierin runs the inves ...
RTX Secures $591M Contract to Build Next Generation Jammer
ZACKS· 2024-11-28 15:36
RTX Corporation’s (RTX) business segment, Raytheon, recently won a $590.8 million contract to manufacture Next Generation Jammer Mid-Band (NGJ-MB) ship sets. The award has been provided by the Naval Air Systems Command, Patuxent River, MD.Details of the Deal Secured by RTX Per the terms of the deal, RTX will develop 13 NGJ-MB ship sets, nine of which will be supplied to the U.S. Navy and the remaining four to the Royal Australian Air Force. The order includes the delivery of associated spares and support eq ...
RTX Chair Peter Thostrup will not seek re-election at the Annual General Meeting in January 2025
GlobeNewswire News Room· 2024-11-28 10:09
Nørresundby, Denmark, 28 November 2024Announcement no. 46/2024 As part of the generational change in the Board of Directors announced prior to the last annual general meeting in January 2024, Chair Peter Thostrup will not seek re-election to the Board at RTX’s annual general meeting on 31 January 2025. Peter Thostrup has served on the board since 2009 and due to the length of his term, he is not considered independent. “It has been a privilege to work with the visionary and dedicated RTX team who has worke ...
RTX Secures $439.1M Contract for ESSM Block II Missile Assemblies
ZACKS· 2024-11-26 16:00
RTX Corporation (RTX) recently secured a $439.1 million modification contract involving the Evolved Seasparrow Missile (ESSM). Per the terms of the deal, RTX will supply missile assemblies for ESSM Block 2 guided missiles.Details of RTX’s DealThe work related to this contract will be executed in multiple locations globally, including the United States, Australia, Canada, Norway, the Netherlands and a few other nations. This contract is projected to be completed by June 2029.The award has been provided by th ...