Raytheon Technologies(RTX)
Search documents
Notification of transactions by persons discharging managerial responsibilities and persons closely associated with them
Globenewswire· 2025-02-03 13:44
Noerresundby, Denmark, 3 February 2025Announcement no. 05/2025 According to Article 19 of the Market Abuse Regulation, persons discharging managerial responsibilities and persons closely associated with them must give notice of their transactions with RTX shares to RTX and to the Danish Financial Supervisory Authority. RTX hereby publishes such notifications. The transactions by COO Hans Henrik Petersen are documented in the attached PDF appendix. RTX A/S Attachments Notification of transactions - Hans ...
RTX Board Elects Christopher T. Calio as Chairman
Prnewswire· 2025-02-03 13:00
Company Leadership Transition - RTX Corporation has elected Christopher T. Calio as Chairman of the Board, effective April 30, 2025, following Gregory J. Hayes' decision to step down as Executive Chairman and Board member before the 2025 annual meeting [1][2] - Hayes has served as Executive Chairman since May 2024 and previously held the position of President and CEO of RTX, leading the company through significant changes in the aerospace and defense industry [2][3] - Calio has been with RTX since 2023 and has generated over $80 billion in annual sales while overseeing more than 185,000 employees [4][6] Leadership Contributions - Hayes' leadership over the past 35 years has created substantial value for various stakeholders, and his guidance has facilitated a successful leadership transition [3] - Calio is expected to continue driving growth through operational execution and technology innovation, aligning with customer needs [3] Company Overview - RTX is the world's largest aerospace and defense company, with over 185,000 employees and 2024 sales exceeding $80 billion [6] - The company operates through leading businesses such as Collins Aerospace, Pratt & Whitney, and Raytheon, focusing on advancing aviation and integrated defense systems [6]
Resolutions adopted at the Annual General Meeting of RTX A/S
Globenewswire· 2025-01-31 14:32
Nørresundby, Denmark, 31 January 2025Announcement no. 04/2024 Today, 31 January 2025, RTX A/S held its Annual General Meeting at which the following decisions were made: The annual report for the financial year 2023/24 was adopted (item 2).The proposal not to distribute any dividend for the financial year 2023/24 was approved (item 3).The Remuneration Report for 2023/24 was approved in the advisory vote (item 4).The Remuneration Policy was adopted (item 5.1).The remuneration of the Board of Directors for 2 ...
Interim report for Q1 of 2024/25 (the period 01.10.2024 - 31.12.2024)
Globenewswire· 2025-01-31 10:55
Nørresundby, Denmark, 31 January 2025Announcement no. 03/2025 Q1 DELIVERS IMPROVED REVENUE AND GROSS MARGIN COMPARED TO Q1 LAST YEAR. “We observed a significant increase in both revenue and gross margin in Q1 2024/25 compared to Q1 2023/24. Historically, Q1 is the lowest-performing quarter for RTX, as many customers reduce inventories to manage year-end working capital. In Q1 2024/25, revenue reached DKK 101 million, with a gross margin of 51%, aligning with both our expectations and the previous quarter’ ...
RTX Stock: A Winner To Buy
Seeking Alpha· 2025-01-31 09:37
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 (NYSE: RTX , NEOE: RTX:CA ) reported its fourth quarter results earlier in January and those results were good and seemingly pave the way for further growth and potentially higher share prices. I covered RTX in December,Dhierin runs the investi ...
RTX's Strong Backlog And Pricing Power Offset Defense Risks, Analysts Forecast Big 2025 Upside
Benzinga· 2025-01-30 10:21
RTX Corporation RTX shares are trading lower on Wednesday.Yesterday, the company reported fourth quarter results. Net sales increased 9% year-over-year to $21.623 billion, beating the consensus of $20.535 billion. Adjusted EPS grew 19% Y/Y to $1.54, above the consensus of $1.38.Here are the analysts’ takes on the stock:BofA Securities reiterated the Buy rating on the stock, with a price forecast of 145.RBC Capital Markets analyst Ken Herbert reiterated the Outperform rating on the stock, raising the price f ...
RTX's Collins Aerospace awarded Cooperative Engagement Capability Design Agent contract from U.S. Navy
Prnewswire· 2025-01-29 14:00
Core View - Collins Aerospace, an RTX business, secures a follow-on contract worth up to $904 million over five years to advance the U.S. Navy's Cooperative Engagement Capability (CEC) [1] Contract Details - The contract is a sole-source agreement, continuing RTX's role as the exclusive provider of CEC since 1985 [1] - The contract follows an existing five-year Design Agent contract [1] - The CEC system integrates sensors across surface, land, and air platforms to enable Integrated Fire Controls [1] CEC System Enhancements - Collins Aerospace will add new capabilities to the CEC system, including increased interoperability, expanded weapon and sensor coordination, and integration of new data sources [2] - The CEC is a critical network for the U.S. Navy, connecting multiple platforms and sensors to provide composite tracking for combat and weapons systems [2] Strategic Importance - The CEC supports the Navy's Distributed Maritime Operations by enabling integrated fire controls across Joint Services [3] - Collins Aerospace has successfully deployed and maintained CEC on over 174 U.S. Navy, U.S. Marine Corps, and international platforms [3] Future Opportunities - The contract provides significant flexibility for future task orders related to engineering activities, allowing Collins to further impact the CEC mission [4] Company Overview - Collins Aerospace is a leader in integrated and intelligent solutions for the global aerospace and defense industry, with 80,000 employees dedicated to advancing sustainable and connected aviation, mission success, and space exploration [5] - RTX, the parent company, is the world's largest aerospace and defense company, with over 185,000 employees and 2024 sales exceeding $80 billion [6] - RTX operates through industry-leading businesses, including Collins Aerospace, Pratt & Whitney, and Raytheon, focusing on advancing aviation, engineering integrated defense systems, and developing next-generation technology solutions [6]
Homerun! Why RTX Remains One Of My Favorite Dividend Growers
Seeking Alpha· 2025-01-28 20:30
Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .Analyst’s Disclosure: I/we have a beneficial long position in the shares of RTX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I ...
RTX Q4 Earnings & Sales Beat Estimates, Increase Year Over Year
ZACKS· 2025-01-28 19:40
RTX Corporation’s (RTX) fourth-quarter 2024 adjusted earnings per share (EPS) of $1.54 beat the Zacks Consensus Estimate of $1.37 by 12.4%. The bottom line also improved 19.4% from the year-ago quarter’s level of $1.29, driven by growth in adjusted segment operating profit.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Including one-time items, the company reported GAAP earnings of $1.10 per share, marking an improvement from $1.05 in the prior-year quarter. The improvement can be at ...
Why RTX Stock Is Flying Higher Today
The Motley Fool· 2025-01-28 19:06
Shares of RTX (RTX 2.94%) are jumping Tuesday. The firm's stock gained 2.5% as of 12:50 p.m. ET, but was up as much as 6% earlier in the day. The leg up comes as the S&P 500 (^GSPC 0.76%) and Nasdaq Composite (^IXIC 1.69%) gained 0.7% and 1.6%, respectively.RTX -- formerly known as Raytheon -- reported earnings early Tuesday. The numbers were received relatively well, although investors may have hoped for slightly stronger guidance for the company.Q4 was kind to RTXAmidst what RTX president and CEO Chris Ca ...