New class of materials offer improved conductivity and thermal management properties ANDOVER, Mass., Oct. 2, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has been awarded a three-year, two-phase contract from DARPA to develop foundational ultra-wide bandgap semiconductors, or UWBGS, based on diamond and aluminum nitride technology that revolutionize semiconductor electronics with increased power delivery and thermal management in sensors and other electronic applications. During phase one of ...

Core Insights - Pratt & Whitney has opened a new 845,000-square-foot facility in Oklahoma City, with a $255 million investment aimed at supporting global sustainment for various military engines [1][2][4] - The facility will enhance Pratt & Whitney's capacity to meet the growing demands of U.S. and global defense customers, particularly for the F135, F117, TF33, F100, and F119 engines [1][4] Company Overview - Pratt & Whitney is a leader in the design, manufacture, and service of aircraft engines and auxiliary power units [5] - The company is part of RTX, which employs over 185,000 people globally and reported sales of $69 billion in 2023 [6] Employment and Economic Impact - The Oklahoma City facility currently employs over 500 full-time employees and an additional 500 contract and partner employees, with plans to create 100 more full-time jobs over the next five years [2][3] Technological Advancements - The new facility features advanced technologies and automation designed to improve process efficiency, accuracy, speed, and cost-effectiveness [3] - It incorporates LEED-certified energy-efficient systems and waste reduction processes, reflecting a commitment to sustainability [3] Strategic Positioning - Located next to Tinker Air Force Base, the facility will enhance the global sustainment network and support the partnership between Pratt & Whitney and the U.S. Air Force [4] - The site is strategically positioned to meet current and future sustainment demands for a range of military aircraft engines, including those for the F-35, F-22, and B-52 [4]

RTX Corporation's (RTX) business segment, Pratt & Whitney, recently secured a contract worth up to $1.3 billion to continue working on the F135 Engine Core Upgrade ("ECU"), which will increase the engine's longevity. These upgraded F135 engines, once integrated into the F-35 jets, are expected to boost this fighter aircraft's performance. RTX's F135 Engine Core Upgrade Benefits The ECU is an upgrade developed by Pratt & Whitney for its F135 engines to provide an affordable, low-risk and agile pathway for en ...

Capability upgrade will counter new adversary threats MCKINNEY, Texas, Oct. 1, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has been awarded a $192 million contract from the U.S. Navy to develop the Next Generation Jammer Mid-Band Expansion (NGJ-MBX), an upgrade to the current Next Generation Jammer Mid-Band (NGJ-MB) system. This modification will extend the frequency range of the NGJ-MB system to counter additional threats. MBX provides additional capabilities to improve operational effectiv ...

"Geopolitics is getting worse, it's not getting better" - That's JPM's Jamie Dimon . With conflicts and polarization on the rise, defense becomes an important equity portfolio allocation and RTX (NYSE: RTX ) is positioned in industry's future core: air defense and I believe in an integrated approach to understand business. In this way, I foster a unique blend of experience in the CFO and Investment pathways. As such my goal is to perform consistent analysis that reflects an inside view of firm mechanics and ...

ARLINGTON, Va., Oct. 1, 2024 /PRNewswire/ -- RTX (NYSE: RTX) will issue its third quarter 2024 earnings Tuesday, October 22, prior to the stock market opening. A conference call will take place at 8:30 a.m. ET. 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. About RTX With more than 185,000 global employees, RTX pushe ...

$1.3 billion contract will enable continued design maturation and aircraft integration EAST HARTFORD, Conn., Sept. 30, 2024 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, has been awarded a contract valued up to $1.3 billion to continue work on the F135 Engine Core Upgrade (ECU), which will deliver enhanced durability to the engine. The ECU also provides power and cooling for Block 4 and beyond capabilities for all three variants of the F-35 global enterprise. "This contract is critical to co ...

RTX Corporation (RTX) recently secured a $525.5 million contract for producing and delivering guided missile assemblies of Evolved Seasparrow Missile (ESSM). This contract includes future options that could bring the total value of the agreement to $2.19 billion. Details of the Deal Work related to this contract will be spread across multiple locations globally, including the United States, Australia, Canada, Norway, the Netherlands and a few other nations. This contract is projected to be completed by Sept ...

USSF Next-Gen OPIR payload to provide critical missile warning data EL SEGUNDO, Calif., Sept. 30, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, delivered its first sensor payload to prime contractor Lockheed Martin, keeping the U.S. Space Force Space Systems Command's first Next-Generation Overhead Persistent Infrared, or Next-Gen OPIR, Geosynchronous Earth Orbit (GEO) Block 0 missile warning satellite on track for a 2025 initial launch capability. Designed to improve missile warning resilienc ...

Multi-mission weapon system will provide increased flexibility and capability for U.S. and allied navies TUCSON, Ariz., Sept. 30, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has received a $525 million contract from the U.S. Navy to produce ESSM Block 2 missiles and spares for the U.S. and allied nations. ESSM Block 2 is a short to medium-range, ship-launched, dual-mode, guided missile that has increased maneuverability and improved performance over its Block 1 predecessor. "The role of self ...