Shares of RTX Corp (RTX -2.73%) are trading lower on Friday. The company's stock lost 2.8% as of market close but lost as much as 3.5% earlier in the day. The drop comes as the S&P 500 lost 0.1%, and the Nasdaq composite gained 0.4%.RTX, the defense giant formerly known as Raytheon, saw its stock impacted by comments made by President Trump on Thursday.What HappenedPresident Trump, speaking from the White House on Thursday, told reporters that he would move to slash defense spending. The President said that ...

RTX Corp. (RTX) recently completed a successful live-fire test of its Lower Tier Air and Missile Defense Sensor (“LTAMDS”), showcasing this advanced 360-degree radar’s ability to detect and track threats. During the test, LTAMDS identified a high-speed cruise missile, enabling a Patriot Advanced Capability-2 (PAC-2) Guidance Enhanced Missile-T (GEM-T) to intercept the target.This achievement reaffirms RTX’s leadership in the missile defense industry, with the company excelling in manufacturing both lethal m ...

Investors looking for stocks in the Aerospace - Defense sector might want to consider either RTX (RTX) or Airbus Group (EADSY) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style ...

RTX Corporation’s (RTX) business segment, Raytheon, recently secured a contract for providing design agent and engineering support services for the Rolling Airframe Missile (“RAM”). The deal has been provided by the Naval Sea Systems Command, Washington, D.C.Valued at $18.7 million, the contract is expected to be completed by March 2028. The work related to this deal will be carried out in Tucson, AZ.What’s Favoring RTX Stock? RTX's RAM-guided missile armament system is the world's most advanced ship self-d ...

Live fire ensures combat-proven effector's performance with LTAMDSWHITE SANDS MISSILE RANGE, N.M., Feb. 12, 2025 /PRNewswire/ -- Raytheon, an RTX business, announced that its Lower Tier Air and Missile Defense Sensor, or LTAMDS, successfully completed another complex live-fire test, detecting and tracking a high-speed cruise missile and guiding a Patriot Advanced Capability-2 (PAC-2) Guidance Enhanced Missile-T (GEM-T) to defend against the surrogate threat. The milestone is the latest in a rigorous U.S. Ar ...

Group 1 - Collins Aerospace launched the Powered by Collins Initiative™ 2025 edition at Aero India, focusing on collaboration with small- to medium-sized enterprises in deep tech, particularly in material informatics and quantum-enabled navigation [1][2] - The initiative aims to address known needs for active aerospace and defense projects through funded, rapid development demonstration programs, enhancing solution deployment for customers [2] - The program has been expanded to include the Powered by Collins ecosystem on Switchpitch, an online platform that connects startups with enterprises, investors, and technology accelerators [3][4] Group 2 - The Powered by Collins Ecosystem complements existing collaboration networks, allowing Collins business teams to engage potential solution providers throughout the year, fostering dynamic collaboration [4] - Collins Aerospace is a leader in integrated and intelligent solutions for the aerospace and defense industry, employing 80,000 people dedicated to advancing technologies for sustainable aviation and mission success [5] - RTX, the parent company of Collins Aerospace, is the world's largest aerospace and defense company, with over 185,000 employees and 2024 sales exceeding $80 billion [6]

Collins' Pro Line 21™ avionics provides advanced functionality, usability CEDAR RAPIDS, Iowa, Feb. 5, 2025 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, has announced upcoming functionality upgrades to Collins' Pro Line 21™ integrated avionics systems installed on in-service Cessna Citation business jets. Cessna Citation business jets are designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company. Available beginning in the second half of 2025, the Pro Line 21 a ...

ARLINGTON, Va., Feb. 5, 2025 /PRNewswire/ -- RTX (NYSE: RTX) President and CEO Chris Calio will speak at the Barclays Industrial Select Conference on Wednesday, Feb. 19 at 8:40 a.m. Eastern Time. The presentation will be broadcast live at www.rtx.com and will be archived on the website afterward. About RTXRTX is the world's largest aerospace and defense company. With more than 185,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. Through ind ...

RTX Corporation’s (RTX) unit, Raytheon, recently secured a $75.1 million modification contract to provide engineering and technical support for Standard Missile-2 (SM-2) and Standard Missile-6 (SM-6) programs. The award has been provided by the Naval Sea Systems Command, Washington, D.C.The work related to this contract will be performed in Tucson, AZ. This contract, which includes Foreign Military Sales to Spain, Netherlands and Germany, is projected to be completed by March 2028.What’s Favoring RTX Stock? ...

Contracts and Sales - Collins Aerospace secured $2 billion in long-term contracts for maintenance, repair, and overhaul services with several airlines in 2024[16]. - Total U.S. government sales reached $32.246 billion in 2024, accounting for 40% of total net sales[30]. - International sales increased to $34.651 billion in 2024, maintaining 43% of total net sales[31]. - The total backlog as of December 31, 2024, was $218 billion, with approximately 25% expected to be recognized as revenue in the next 12 months[33]. - Pratt & Whitney was awarded a contract valued at up to $1.3 billion for continued work on the F135 Engine Core Upgrade[24]. Financial Performance - Total net sales for 2024 reached $80.7 billion, an increase of 17% from $68.9 billion in 2023[421]. - Operating profit for 2024 was $6.5 billion, a significant increase from $3.6 billion in 2023, reflecting improved operational efficiency[421]. - Net income from continuing operations attributable to common shareowners was $4.8 billion, compared to $3.2 billion in 2023, representing a 49% increase[421]. - Earnings per share from continuing operations attributable to common shareowners rose to $3.58, up from $2.24 in the previous year[421]. - The company reported a comprehensive income of $3.7 billion for 2024, an increase from $3.0 billion in 2023, driven by improved operational performance[422]. Research and Development - The company invests significantly in research and development to enhance existing products and develop future technologies, although specific investment figures are not disclosed[45]. - Research and development expenses totaled $2.9 billion, slightly higher than $2.8 billion in 2023, indicating continued investment in innovation[421]. - The GTF Advantage configuration is currently under certification testing, aiming to enhance engine efficiency for the A320neo family[22]. Supply Chain and Operational Challenges - Supply chain disruptions have led to increased costs and delays, driven by inflation and geopolitical conditions, impacting the procurement of raw materials and components[49][50]. - The company has experienced supply chain disruptions due to global market constraints, inflation, and labor shortages, negatively impacting production flow and financial performance[98]. - Increased costs for raw materials and components have been observed, with reliance on foreign suppliers for critical materials such as cobalt and titanium, which are subject to sanctions risks[99]. - The company anticipates prolonged delays for critical component parts and sub-systems, with ongoing supply chain issues expected to continue affecting operations and costs[100]. Compliance and Regulatory Issues - The company has entered into multiple deferred prosecution agreements and settlements related to compliance issues, requiring oversight by an independent compliance monitor[59][60]. - The company is subject to various export control and sanctions regulations, which could impact its ability to conduct international business and may result in penalties for non-compliance[107]. - A Consent Agreement with the Department of State requires the company to implement compliance measures and conduct audits, which may affect future business operations and strategic plans[109]. - The company is committed to complying with anti-bribery and anti-corruption laws, but past violations have led to regulatory investigations and potential penalties[119]. Workforce and Labor - The global employee population as of December 31, 2024, is approximately 186,000, including about 57,000 engineering professionals and 34,000 union-represented employees[39]. - 68% of the workforce is located in the U.S., with approximately 19% of employees participating in global employee resource groups[39][40]. - The company continuously monitors labor market conditions to address hiring and retention challenges, particularly for highly qualified personnel[37][41]. - Recruitment and retention of qualified personnel remain a challenge, with high labor costs and difficulties in obtaining necessary security clearances for certain roles[105]. Environmental and Geopolitical Risks - The company is subject to various environmental regulations, which may incur costs related to compliance and remediation, but does not anticipate a material adverse effect on its financial condition or liquidity[62]. - Future changes in environmental laws, including regulations on greenhouse gas emissions and energy taxes, could lead to increased operational and compliance costs[64]. - The company continues to monitor geopolitical risks that could affect its supply chain and operational stability, particularly in conflict-affected regions[88]. - Recent sanctions from China against the company's defense segment could disrupt business operations and impact future sales to Taiwan[87]. Financial Management and Capital Structure - The company is undergoing a $10 billion accelerated share repurchase (ASR) program that began in October 2023 and is expected to complete by the end of September 2024, which may shift significant cash flow from operations to debt service obligations[122]. - Increased debt levels may reduce available funds for acquisitions, research and development, and dividends, impacting overall financial flexibility[122]. - The company has $2.75 billion of variable-rate debt, which is sensitive to changes in market interest rates[404]. - A 100 basis point unfavorable interest rate movement would impact the fair value of the company's fixed-rate debt by approximately $3 billion[404]. Risks and Uncertainties - The company faces risks from changes in global economic conditions, including inflation and supply chain challenges, which could adversely affect operating results and liquidity[74]. - High interest rates may increase borrowing costs and tighten capital availability, impacting the company's financial condition[74]. - Risks associated with U.S. government sales include potential changes in defense spending due to budgetary constraints and uncertain funding[68]. - The company faces risks from contract terminations, performance delays, and cost overruns, which could negatively impact reputation and financial condition[76]. Intellectual Property and Cybersecurity - The company relies on a combination of patents, trademarks, copyrights, and trade secrets to protect its intellectual property, which is crucial for future growth and success[111]. - The company is exposed to cybersecurity risks, including potential cyber-attacks on its IT infrastructure and products[70]. - Cybersecurity threats pose significant risks to the company's operations, with evolving threats leading to increased operational and compliance expenditures[95].