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Reagan Foundation and GE Aerospace Announce 15th Class of GE-Reagan Foundation Scholarship Program Recipients to Receive $40,000 Each
Prnewswire· 2025-08-12 17:32
Nearly $10 Million Awarded to More Than 236 Students Since 2011SIMI VALLEY, Calif., Aug. 12, 2025 /PRNewswire/ -- Today the Ronald Reagan Presidential Foundation and Institute, in partnership with GE Aerospace, recognized this year's class of GE-Reagan Foundation Scholarship Program recipients. Selected for their exemplary leadership, drive, integrity, and citizenship, the 2025 Scholars are: Nachammai Annamalai Mooresville, NC Princeton University Grant Feldman Freehold, NJ University of Florida ...
Defense Giant Hits All-Time High Amid Israel-Iran Conflict
ZACKS· 2025-06-17 16:45
Company Overview - RTX Corporation, formerly Raytheon Technologies, specializes in avionics, mission systems, and advanced defense technologies, including aircraft engines, air and missile defense, smart weapons, sensors, and cybersecurity tools [9] - The company has seen its stock reach all-time highs, outperforming the market with a year-to-date increase of over 28% [8] Financial Performance - RTX has a strong track record of exceeding earnings estimates, with a trailing four-quarter average earnings beat of 9.9% [11] - Analysts project a 4.2% increase in earnings for RTX in 2025, with expected revenues of $84.1 billion [11] - The company has a substantial backlog of $92 billion as of Q1, indicating solid revenue growth prospects for its defense business [12] Industry Context - RTX is part of the Zacks Aerospace – Defense industry group, which ranks in the top 28% out of approximately 250 industry groups, suggesting a favorable environment for defense stocks [10] - Defense stocks, such as RTX, are viewed as a means to mitigate volatility associated with geopolitical conflicts [16]