Earlier this year, the U.S. Department of Defense formally selected the F135 ECU as the only modernization solution for the F-35's propulsion system because it assessed that Pratt & Whitney alone "has the experience, special skills, proprietary technical documentation, software/algorithms, and technical expertise required to furnish the supplies and services." About RTX EAST HARTFORD, Conn., July 15, 2024 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, completed the F135 Engine Core Upgrade's ...

RTX Corporation's (RTX) business segment, Raytheon, recently won a $1.2 billion contract for delivering its Patriot air and missile defense systems to Germany. The successful delivery of the aforementioned missile system should improve revenue growth for RTX in the future years. Per the terms of the agreement, RTX will offer the most current Patriot Configuration 3+ radars, launchers, command and control stations, associated spares and support to the German government. Patriot is a long-range, high-altitude ...

Introduction Global tensions are rising. A few hours before I started working on this article, NATO came out (for the first time ever), making the case that China enabled the war in Ukraine by supporting Russia. ■ Alliance members label China a 'decisive enabler' for Russia ■ Summit communique reflects heightened tension with alliance (3 (in (2) @ ( One of the biggest takeaways here is that NATO is increasingly preparing for a multi-theater threat scenario, requiring significant investments in defense moder ...

Under the contract, a Raytheon team will use its Rapid Campaign Analysis and Demonstration Environment, known as RCADE, to develop large-scale theater scenarios to help FCC leaders assess concepts of operations in a multi-domain conflict. Quantitative data and findings from the scenarios will help identify capabilities needed to succeed in future conflicts. RCADE is part of Raytheon's integrated ecosystem of modeling and simulation capabilities that are fed by realworld analytics, models, and data. It creat ...

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $5.39 per share and revenue of $78.99 billion. These totals would mark changes of +6.52% and +6.16%, respectively, from last year. RTX (RTX) closed the most recent trading day at $101.11, moving +1.01% from the previous trading session. This change outpaced the S&P 500's 0.07% gain on the day. Elsewhere, the Dow lost 0.13%, while the techheavy Nasdaq added 0.14%. The the stock of an aerospace and defense compa ...

Constant earnings growth captivates almost everyone, from the top brass to research analysts. This is because earnings are a measure of the money a company is making. In the case of earnings growth, you pay for something that is already reflected in the stock price. But earnings acceleration helps spot stocks that haven't yet caught the attention of investors and, once secured, will invariably lead to a rally in the share price. This is because earnings acceleration considers both the direction and magnitud ...

About RTX Media Contact C: 202.384.2474 The conference call will be webcast live on the company's website at www.rtx.com and will be available for replay following the call. A presentation corresponding with the conference call will be available for downloading prior to the call. SOURCE RTX ARLINGTON, Va., July 2, 2024 /PRNewswire/ -- RTX (NYSE: RTX) will issue its second quarter 2024 earnings Thursday, July 25, prior to the stock market opening. A conference call will take place at 8:00 a.m. ET. With more ...

Nørresundby, Denmark, 30 June 2024 Announcement no. 34/2024 In Q3, we have not seen the expected growth in revenue compared to the latest quarter, and in Q3 we expect revenue of DKK 130 million. With our order book for Q4, we have to conclude that by the end of the financial year we will not be back at the normalized level, which was the assumption for the Group's originally announced outlook for 2023/24. Revenue DKK 500 to 510 million (from DKK 580-630 million) EBITDA DKK 0 to 10 mio. (from DKK 45-60 milli ...

Investors might want to bet on RTX (RTX) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. As such, the Za ...

"We are pleased to be supporting P&W and their customers with another innovative transaction," said CEO Austin C. Willis. WLFC completed a purchase and leaseback transaction of 25 GTF engines with Pratt & Whitney in early 2021. "By providing efficient capital, while integrating our strategically aligned aftermarket service offerings, we continue to grow our portfolio, investing in more environmentally friendly engines," shared Mr. Willis. "This effort supports our commitment to decarbonizing commercial avia ...