Raytheon Technologies(RTX)
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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's Pratt & Whitney and WZL2 sign a letter of intent for F100 sustainment work in Poland
Prnewswire· 2024-11-21 11:00
Core Insights - Pratt & Whitney has signed a letter of intent with Wojskowe Zaklady Lotnicze Nr. 2 S.A. (WZL2) to enhance maintenance, repair, and overhaul capabilities for the Polish Air Force [1] - The initiative aims to increase F100 engine sustainment work in Poland, ensuring the Polish Air Force has the necessary propulsion power [2] - The collaboration builds on a long-standing relationship, with WZL2's competencies expanding beyond F100 engine module repairs, potentially supporting future projects like the F-15EX [3] Company Overview - Pratt & Whitney is a leader in aircraft engine design, manufacturing, and service [4] - RTX, the parent company of Pratt & Whitney, employs over 185,000 people globally and reported sales of $69 billion in 2023 [5]
RTX Secures a Contract to Aid Its Dual Band Radar Systems Program
ZACKS· 2024-11-20 15:06
RTX Corp. (RTX) recently clinched a modification contract for its Dual Band Radar (“DBR”) systems. The award has been provided by the Naval Sea Systems Command, Washington, D.C.The contract, valued at $93.9 million, is expected to be completed by September 2026. Per the terms of the deal, RTX will provide technical engineering follow-on requirements and spares to support the DBR systems installed aboard CVN78 and DDG1000 class ships. A major portion of the work related to this deal will be carried out in Te ...
Here's Why RTX (RTX) is a Strong Growth Stock
ZACKS· 2024-11-14 15:51
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RTX's Raytheon awarded U.S. Army contract for wireless power beaming technology
Prnewswire· 2024-11-14 13:00
Technology will extend operational reach and counter autonomous systemsEL SEGUNDO, Calif., Nov. 14, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has been awarded a contract from the U.S. Army to work on directed energy wireless power beaming capabilities that will distribute power across the battlefield, simplify logistics, and safeguard locations for U.S. troops.Work is being conducted as part of a larger effort under the Department of Defense's Operational Energy Strategy. Under the contrac ...
RTX's Collins Aerospace to provide UK Chinook helicopters with interoperable avionics system
Prnewswire· 2024-11-12 11:00
Cockpit upgrade will increase collaboration, operational effectiveness and safety for UK and U.S. operatorsLONDON, Nov. 12, 2024 /PRNewswire/ -- Collins Aerospace, an RTX business, has received a $19 million contract from the Department of Defense to equip a fleet of new H-47 Chinooks for the UK Royal Air Force with its Common Avionics Architecture System (CAAS) avionics management suite. This cockpit upgrade will make UK Chinooks interoperable with the U.S. Chinooks, using the same avionics system, advance ...
RTX appoints Henrik Mørck Mogensen as new CEO
GlobeNewswire News Room· 2024-11-11 12:18
Nørresundby, Denmark, 11 November 2024Announcement no. 43/2024 RTX A/S, a specialist in wireless communication solutions, has appointed Henrik Mørck Mogensen as new CEO, starting no later than March 1, 2025. Henrik Mørck Mogensen replaces Peter Røpke, who will be leaving RTX by the end of November 2024 after eight years with RTX. Henrik Mørck Mogensen comes from a position as Group Senior Vice President and responsible for the Healthcare business at IT-company Systematic. He brings solid commercial and str ...