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RTX's Pratt & Whitney to demonstrate hydrogen-fueled turboprop technology under Canadian INSAT program
Prnewswire· 2024-11-06 16:21
First phase of HyADES project will include tests on PW127XT engine fuel nozzle and combustor rig MONTREAL, Nov. 6, 2024 /PRNewswire/ -- Pratt & Whitney Canada will demonstrate hydrogen combustion technology on a PW127XT regional turboprop engine as part of a project supported by Canada's Initiative for Sustainable Aviation Technology (INSAT). The project, named Hydrogen Advanced Design Engine Study (HyADES), will be in collaboration with Next Hydrogen Solutions Inc., which will develop high-efficiency, low- ...
Deutsche Aircraft and RTX's Pratt & Whitney Canada collaborate to ensure 100% SAF readiness for the D328eco™, building on 40-year relationship and recent D328® Uplift test flights with synthetic fuel
GlobeNewswire News Room· 2024-11-04 14:30
Vancouver, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Deutsche Aircraft, and Pratt & Whitney Canada, announce the conclusion of a series of five emission and contrail measurement flights on a D328® UpLift research aircraft using a fully synthetic Fischer-Tropsch fuel, preparing for the use of future sustainable aviation fuels (SAF) produced using Power-to-Liquid (PtL) technology. This significant achievement marks a new milestone in the 40 years of collaboration between the two companies and helps pave the way to en ...
RTX's Raytheon continues to demonstrate GhostEye® MR operational readiness during U.S. military test event
Prnewswire· 2024-10-29 13:00
Air Force and Navy successfully test radar against stressing targetsNAVAL BASE VENTURA COUNTY POINT MUGU, Calif., Oct. 29, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, in partnership with the Office of the Secretary of Defense (OSD), the U.S. Air Force Research Laboratory Strategic Development Planning and Experimentation office, and the U.S. Navy, demonstrated the multi-mission GhostEye® MR advanced medium-range sensor during a joint test event called Gray Flag 2024. GhostEye MR tracked targ ...
Raytheon's Mind-Boggling $950 Million In Criminal And Civil Offenses
Forbes· 2024-10-28 20:54
Raytheon just agreed last week to pay a mind-boggling $950 million in criminal and civil charges to the U.S. government for a cluster of offenses ranging from inflated prices for missiles, to bribes for sales to Qatar. Yet despite the incredible scale of the fines and overcharges, Raytheon is making so much money from its current massive sales for Ukraine that it can probably take more money from the taxpayer with one hand even as it pays relatively less to the taxpayer with the other – and feel no pain.The ...
RTX Corp.: Geopolitical Tension And Growing Commercial Travel Trigger Robust Tailwinds
Seeking Alpha· 2024-10-28 13:15
I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles. Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within th ...
RTX's Collins Aerospace completes prototype development of high-voltage power distribution components for Clean Aviation SWITCH project
Prnewswire· 2024-10-28 06:00
New systems were produced at Collins' facility in Nördlingen, GermanyNÖRDLINGEN, Germany, Oct. 28, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, has completed prototype development of a solid-state power controller and power distribution panel as part of the SWITCH project, supported by the European Union's Clean Aviation Joint Undertaking (Clean Aviation). Following design and production in Nördlingen, the megawatt-class power distribution components will now be shipped to Collins' s ...
The Rally in Lockheed Martin and RTX Can Continue: Here's Why
MarketBeat· 2024-10-24 12:38
Shares of Lockheed Martin NYSE: LMT and RTX NYSE: RTX are up by 40% and 80% since early 2024 and can continue to set new highs this year and next. Their businesses are thriving because of increased global demand, and they sustain growth, robust cash flow, and ample capital returns, which are primary drivers of share price action. The capital returns include dividends and share-reducing buybacks, and the capacity to return capital to shareholders grows yearly, helping sustain a robust uptrend in their stock ...
Is RTX Stock Too Expensive After Earnings?
Seeking Alpha· 2024-10-24 12:18
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.RTX Corporation (NYSE: RTX ) filed its third quarter earnings on October 22 nd and the market seems to have liked what the company presented as the stock traded higher following an increase to theDhierin runs the investing group The Aerospace Forum ...
RTX's Collins Aerospace expands executive aircraft seating operations in Medley, Florida
Prnewswire· 2024-10-23 15:00
Doubled production floor space and new machinery improves capacity and customization opportunitiesLAS VEGAS, Oct. 23, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business is expanding its executive aircraft seating facility in Medley, Florida. The $2 million investment doubles the facility's upholstery production floor space to 30,000 square feet and adds state-of-the-art machining equipment that improves production efficiencies, enhances capabilities and reduces material waste.A leader in se ...
U.S. Army awards RTX's Raytheon TOW contracts for $676 million
Prnewswire· 2024-10-23 13:00
The TOW weapon system will be in service with the U.S. and allied forces beyond 2050TUCSON, Ariz., Oct. 23, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, was awarded $676 million to continue manufacturing the tube-launched, optically-tracked, wireless-guided TOW® weapon system for the U.S. Army. The two separate awards comprise an annual production contract for $430 million in fiscal year 2023 and an additional $246 million award in 2024."Our TOW production line is active, and we can manufactu ...