Major milestone speeds up UK's adoption of laser technology LONDON, July 22, 2024 /PRNewswire/ -- Raytheon UK, Defence Science and Technology Laboratory (Dstl) and Defence Equipment and Support (DE&S) have successfully tested Raytheon's High-Energy Laser Weapon System (HELWS) integrated onto a British Army combat vehicle, the first test of its kind in the UK. This ground-breaking test, conducted at Dstl's range in Porton Down, saw the laser weapon fired at full power whilst integrated onto a British Army Wo ...

Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units. To learn more visit www.prattwhitney.com. SMBC Aviation Capital announced its initial selection for 50 firm Pratt & Whitney A320neo family aircraft in 2019, and currently manages a portfolio of 142 GTF-powered A320neo family aircraft. Today's announcement affirms the relationship between two global leaders in the aviation space. With more than 185,000 global employees, RTX pushes the limit ...

Hybrid-electric propulsion technology has potential to increase efficiency and reduce emissions for future aircraft applications Hybrid-electric propulsion is a key part of RTX's technology roadmap for enabling more sustainable aviation. In addition to SWITCH, RTX is advancing hybrid-electric technologies through multiple demonstrator programs applicable to a variety of future aircraft platforms, including STEP-Tech and the RTX Hybrid-Electric Flight Demonstrator, supported by the governments of Canada and ...

LONDON, July 22, 2024 /PRNewswire/ -- Farnborough Air Show — Collins Aerospace, an RTX (NYSE: RTX) business, today announced the European Union's Clean Aviation HECATE project has achieved Preliminary Design Review (PDR). The HECATE consortium is comprised of multiple European aerospace industry partners, including Collins, Safran, Airbus Defence and Space, Leonardo and several universities. Collins, through its Applied Research & Technology organization and Power & Controls business, leads the project's st ...

LONDON, July 22, 2024 /PRNewswire/ -- Farnborough Air Show – Pratt & Whitney Canada and Collins Aerospace, businesses of RTX (NYSE: RTX), have been selected by Airbus Helicopters to support the development of a hybrid-electric propulsion system for its PioneerLab technology demonstrator. Based on a twin-engine H145 helicopter, PioneerLab aims to demonstrate the potential of hybrid-electric propulsion as well as aerodynamic improvements to enable up to 30% improved fuel efficiency and reduced CO2 emissions c ...

Swiss shop becomes the 17th active facility in growing GTF MRO network The GTF MRO network is part of Pratt & Whitney EngineWise® solutions which provide operators with a full range of aftermarket services resulting in long-term, sustainable value. For more information, visit prattwhitney.com/enginewise. SOURCE RTX EAST HARTFORD, Conn., July 19, 2024 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, and SR Technics announced today the induction of the first Pratt & Whitney GTF™ engine at the MRO ...

Revenues are expected to be $19.31 billion, up 5.4% from the year-ago quarter. Over the last four quarters, the company has beaten consensus EPS estimates four times. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). While management's discussion of business conditions on the ea ...

Army and Navy programs combine to defeat complex threat PEARL HARBOR, Hawaii, July 18, 2024 /PRNewswire/ -- At Valiant Shield 24, Raytheon, an RTX business, demonstrated a simulated complex missile engagement leveraging the U.S. Army's Lower Tier Air and Missile Defense Sensor, or LTAMDS, and Integrated Air and Missile Defense Battle Command System, IBCS, launching the U.S. Navy's premier, long-range effector, Standard Missile-6 (SM-6). "The successful test confirms a viable option for INDOPACOM by demonstr ...

"Having led three of the six strategic business units at Collins Aerospace, Troy has a deep understanding of the portfolio and its customers," said Calio. "Troy's decades of industry experience and leadership make him the right person to lead Collins into its next phase of growth." "Steve's leadership has been the driving force for the full integration of the Collins business," said Calio. "The blueprint he has developed sets Collins Aerospace on strong footing for future success." About RTX SOURCE RTX ARLI ...

The most recent trading session ended with RTX (RTX) standing at $101.62, reflecting a +0.34% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.28% gain on the day. Elsewhere, the Dow gained 0.53%, while the tech-heavy Nasdaq added 0.4%. In the context of valuation, RTX is at present trading with a Forward P/E ratio of 18.76. This valuation marks a premium compared to its industry's average Forward P/E of 17.83. Meanwhile, RTX's PEG ratio is currently 1.8. Comparable to th ...