Raytheon Technologies(RTX)
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Raytheon Technologies(RTX) - 2024 Q3 - Quarterly Results
2024-10-22 11:00
Exhibit 99 1 . Media Contact 202.384.2474 Investor Contact 781.522.5123 RTX delivers strong operational performance; Increases 2024 outlook for adjusted sales* and adjusted EPS* ARLINGTON, Va., October 22, 2024 – RTX (NYSE: RTX) reported third quarter 2024 results. Third quarter 2024 • Reported sales of $20.1 billion • Adjusted sales* of $20.1 billion, up 6 percent versus prior year, and up 8 percent organically* excluding the divestiture of the Cybersecurity, Intelligence and Services business • GAAP EPS w ...
RTX Reports Third Quarter 2024 Results
Prnewswire· 2024-10-22 10:55
RTX delivers strong operational performance;Increases 2024 outlook for adjusted sales* and adjusted EPS*ARLINGTON, Va., Oct. 22, 2024 /PRNewswire/ -- RTX (NYSE: RTX) reported third quarter 2024 results.Third quarter 2024Reported sales of $20.1 billionAdjusted sales* of $20.1 billion, up 6 percent versus prior year, and up 8 percent organically* excluding the divestiture of the Cybersecurity, Intelligence and Services businessGAAP EPS was $1.09 and included $0.31 of acquisition accounting adjustments and $0. ...
RTX's Collins Aerospace delivers first upgraded Venue™ cabin management systems with smart monitors
Prnewswire· 2024-10-21 14:00
A new user interface and 4K smart monitors improve system performance, simplify operations and enhance inflight entertainmentLAS VEGAS, Oct. 21, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, announced the first deliveries of its new Venue™ cabin management system (CMS). The upgraded Venue is equipped with Collins' all new smart monitors and upgraded graphical user interface (GUI), enhancing entertainment, usability and simplicity for operators and passengers, alike.With more than 1,70 ...
Should You Add RTX Stock to Your Portfolio Pre-Q3 Earnings Release?
ZACKS· 2024-10-17 17:11
RTX Corp. (RTX) is slated to release third-quarter 2024 results on Oct. 22, before the opening bell. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. The Zacks Consensus Estimate for revenues is pegged at $19.91 billion, implying 5.1% growth from the yearago quarter's reported figure. The consensus mark for third-quarter earnings is pegged at $1.33 per share, suggesting a 6.4% rise from $1.25 reported in the prior-year quarter. The bottom-line estimate has remained unchanged in the pa ...
RTX Corporation: I Maintain A Buy Rating Despite Apparent Imbalance In Defense
Seeking Alpha· 2024-10-16 20:50
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 inhouse developed data analytics platform. The financial year for the Department of Defense ended on the 30th of September. That provides a good moment to see how much contract value has been secured by primary defense contractors. The reason why I believe Dhierin runs the investing group T ...
RTX subsidiary Raytheon to pay more than $950 million to settle foreign bribery, export control fraud probes
CNBC· 2024-10-16 19:59
The Raytheon Technologies, recently renamed RTX Corporation, headquarters building is seen at dusk on January 20, 2024, in Arlington, VA. The Raytheon subsidiary of defense contractor RTX agreed Wednesday to pay more than $950 million to settle Department of Justice investigations into an alleged government contract fraud scheme, violations of foreign bribery laws and the Arms Export Control Act. Raytheon also agreed to enter into deferred prosecution agreements involving that conduct in federal district co ...
SEC Charges Virginia-Based RTX Corp. with Violating Foreign Corrupt Practices Act in Connection with Efforts to Obtain Contracts with the Qatari Military
Newsfile· 2024-10-16 19:27
. ● . | --- | --- | |--------------------------------------------------|-------| | | | | SEC Charges Virginia-Based RTX Corp. with | | | Violating Foreign Corrupt Practices Act in | | | Connection with Efforts to Obtain Contracts with | | | the Qatari Military | | October 16, 2024 3:27 PM EDT | Source: Newsfile SEC Press Digest Washington, D.C.--(Newsfile Corp. - October 16, 2024) - The Securities and Exchange Commission today announced that RTX Corporation, a Virginia-based aerospace and defense company, a ...
RTX's Raytheon SM-3® Block IIA achieves full-rate production approval
Prnewswire· 2024-10-15 23:00
This marks the first Missile Defense Agency cooperative development program with Japan to reach this milestone TUCSON, Ariz., Oct. 15, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has entered fullrate production for Standard Missile-3 Block IIA, validating the program's design maturity amid increased demand for the product from the United States and allied partners. The SM-3 Block IIA production milestone cleared the way for a $1.9 billion award from the U.S. Missile Defense Agency in July 20 ...
RTX (RTX) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2024-10-15 15:06
Wall Street expects a year-over-year increase in earnings on higher revenues when RTX (RTX) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 22. On th ...
RTX demonstrates Launched Effects autonomy at EDGE
Prnewswire· 2024-10-15 13:00
Collaborative mission autonomy tested in operational settings during U.S. Army exercise YUMA PROVING GROUND, Ariz., Oct. 15, 2024 /PRNewswire/ -- RTX (NYSE: RTX) businesses, Collins Aerospace and Raytheon, collectively showcased new capabilities at the U.S. Army's Experimental Demonstration Gateway Event (EDGE). These capabilities enabled launched effects to team and execute a mission, merging collaborative vehicle autonomy with human on-the-loop command. Launched effects is a capability term that describes ...