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Here's Why RTX (RTX) is a Strong Growth Stock
ZACKS· 2024-11-14 15:51
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Zac ...
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 ...
RTX's Pratt & Whitney and Air New Zealand Announce US$150 Million Expansion at Christchurch Engine Centre
Prnewswire· 2024-11-07 23:00
New maintenance, repair and overhaul capabilities for the GTF engine expected in 2026CHRISTCHURCH, New Zealand, Nov. 7, 2024 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, and Air New Zealand today hosted a groundbreaking ceremony for a US$150 million, 14,000 square meter expansion of its Christchurch Engine Centre. The expansion will add maintenance, repair and overhaul (MRO) capabilities for the Pratt & Whitney GTF™ engine in New Zealand, with capacity for up to 140 GTF engine overhauls pla ...
DARPA taps RTX to strengthen cyber resiliency
Prnewswire· 2024-11-07 14:01
RTX BBN Technologies to develop tool that compartmentalizes software systems to prevent escalation of cyberattacksCAMBRIDGE, Mass., Nov. 7, 2024 /PRNewswire/ -- RTX's (NYSE: RTX) BBN Technologies was awarded a contract to support DARPA's Compartmentalization and Privilege Management, or CPM, program. The CPM program aims to enhance cyber resilience by automatically subdividing software systems into smaller, secure compartments, preventing initial breaches from escalating into successful cyberattacks while m ...
Next Hydrogen to demonstrate electrolyzers for the aviation industry in collaboration with Pratt & Whitney under INSAT program
GlobeNewswire News Room· 2024-11-07 12:41
MISSISSAUGA, Ontario, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Next Hydrogen Solutions Inc. (“Next Hydrogen“) (TSXV:NXH, OTC:NXHSF), a designer and manufacturer of electrolyzers, is developing high-efficiency, low-cost electrolyzers needed for establishing hydrogen production infrastructure for the aviation industry. Pratt & Whitney Canada will demonstrate hydrogen combustion technology on a PW127XT regional turboprop engine under the project named Hydrogen Advanced Design Engine Study (HyADES). Pratt & Whitney is ...
RTX's Pratt & Whitney to demonstrate hydrogen-fueled turboprop technology under Canadian INSAT program
Prnewswire· 2024-11-06 16:21
First phase of HyADES project will include tests on PW127XT engine fuel nozzle and combustor rig MONTREAL, Nov. 6, 2024 /PRNewswire/ -- Pratt & Whitney Canada will demonstrate hydrogen combustion technology on a PW127XT regional turboprop engine as part of a project supported by Canada's Initiative for Sustainable Aviation Technology (INSAT). The project, named Hydrogen Advanced Design Engine Study (HyADES), will be in collaboration with Next Hydrogen Solutions Inc., which will develop high-efficiency, low- ...
Deutsche Aircraft and RTX's Pratt & Whitney Canada collaborate to ensure 100% SAF readiness for the D328eco™, building on 40-year relationship and recent D328® Uplift test flights with synthetic fuel
GlobeNewswire News Room· 2024-11-04 14:30
Vancouver, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Deutsche Aircraft, and Pratt & Whitney Canada, announce the conclusion of a series of five emission and contrail measurement flights on a D328® UpLift research aircraft using a fully synthetic Fischer-Tropsch fuel, preparing for the use of future sustainable aviation fuels (SAF) produced using Power-to-Liquid (PtL) technology. This significant achievement marks a new milestone in the 40 years of collaboration between the two companies and helps pave the way to en ...
RTX's Raytheon continues to demonstrate GhostEye® MR operational readiness during U.S. military test event
Prnewswire· 2024-10-29 13:00
Air Force and Navy successfully test radar against stressing targetsNAVAL BASE VENTURA COUNTY POINT MUGU, Calif., Oct. 29, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, in partnership with the Office of the Secretary of Defense (OSD), the U.S. Air Force Research Laboratory Strategic Development Planning and Experimentation office, and the U.S. Navy, demonstrated the multi-mission GhostEye® MR advanced medium-range sensor during a joint test event called Gray Flag 2024. GhostEye MR tracked targ ...