This quarterly report represents an earnings surprise of 9.30%. A quarter ago, it was expected that this an aerospace and defense company would post earnings of $1.23 per share when it actually produced earnings of $1.34, delivering a surprise of 8.94%. RTX, which belongs to the Zacks Aerospace - Defense industry, posted revenues of $19.72 billion for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 2.15%. This compares to year-ago revenues of $18.32 billion. The company has topped co ...

RTX delivers solid operational performance and 8% sales growth; Increases 2024 outlook for adjusted sales* and adjusted EPS*, revises free cash flow* ARLINGTON, Va., July 25, 2024 – RTX (NYSE: RTX) reported second quarter 2024 results. Exhibit 99 Media Contact 202.384.2474 Investor Contact 781.522.5123 RTX Reports Q2 2024 Results Second quarter 2024 Updates outlook for full year 2024 "RTX delivered strong operational performance in the second quarter, with 10 percent organic sales* growth, adjusted margin* ...

Earnings growth captivates almost everyone, from a company's top brass to research analysts. Yet, earnings acceleration works better when lifting the stock price. Studies have shown that most successful stocks have seen an acceleration in earnings before an uptick in their price. Earnings acceleration is the incremental growth in a company's earnings per share (EPS). In other words, if a company's quarter-over-quarter earnings growth rate increases within a stipulated time frame, it can be called earnings a ...

LONDON, July 24, 2024 /PRNewswire/ -- Farnborough Air Show – Pratt & Whitney, an RTX (NYSE: RTX) business, announced more than 950 GTF engine orders and commitments since the beginning of 2024. Airlines and lessors that have announced orders include Avolon, Breeze Airways, Cebu Pacific, Icelandair, JetSMART, Mexicana, SKY Airline, SMBC, and Vietjet. In total, more than 11,000 GTF engine orders and commitments have been placed by more than 90 customers worldwide. "These orders demonstrate continued customer ...

Group 1 - Air Niugini is modernizing its fleet by upgrading to next-generation aircraft with efficient engines, which will significantly reduce fuel consumption and emissions while enhancing passenger experience and expanding route offerings [1][2] - Pratt & Whitney has finalized engine and aftermarket agreements for GTF engines to power Air Niugini's fleet of 11 Airbus A220 aircraft, marking Air Niugini as a first-time GTF customer [1][2] - The GTF engines provide unmatched payload and range, enabling Air Niugini to open new international routes and benefit from industry-leading fuel efficiency [2][3] Group 2 - Air Niugini operates an extensive domestic network and international routes to Australia, Asia, and the Pacific, with the new fleet expected to deliver more capacity and greater reliability [3] - Pratt & Whitney is recognized as a world leader in the design, manufacture, and service of aircraft engines and auxiliary power units [4] - RTX, the parent company of Pratt & Whitney, reported sales of $69 billion in 2023 and employs over 185,000 people globally, focusing on advancing aviation and integrated defense systems [5]

Freebird Airlines gains a connected ecosystem through real-time data insights LONDON, July 24, 2024 /PRNewswire/ -- Farnborough Air Show – Freebird Airlines has selected Collins Aerospace, an RTX business (NYSE: RTX) to add a comprehensive suite of digital solutions enabling the airline to make proactive decisions to improve operations across its A320 fleet of aircraft. Freebird Airlines will implement Ascentia®, a cloud-based data management and analytics platform designed to provide a holistic view of air ...

LONDON, July 24, 2024 /PRNewswire/ -- Farnborough Air Show — Collins Aerospace, an RTX (NYSE: RTX) business, today announced the relocation of its Singapore manufacturing facility to a new, state-of-the-art site in Seletar Aerospace Park, Singapore. This move represents a significant investment of $250 million and will bolster the company's capabilities and commitment to innovation and excellence in the aerospace industry. Seletar Aerospace Park is home to the world's leading aerospace companies. Employees ...

Raytheon signs contract with AVIO to continue the development of solid rocket motor solutions to meet USG and Allied Demand. In April 2024, Avio completed its preliminary design development to support the pressing need for additional sources for two critical solid rocket motor systems. Avio's planned investments in capability and capacity enable them to help support immediate customer demand. Avio is leveraging its Italian manufacturing and engineering teams' existing capabilities to support the maturation ...

RTX Corp. (RTX) is set to release second-quarter 2024 results on Jul 25, before market open. The company delivered an average earnings surprise of 6.86% in the last four quarters. Improving commercial air traffic and a solid development volume for the F135 core upgrade program are likely to benefit RTX's quarterly results amid high-interest expenses. Growing Commercial Sales: A Key Growth Catalyst Steadily increasing domestic and international commercial air traffic, resulting in increased flight hours, has ...

Core Insights - Pratt & Whitney has delivered an F100 engine to Poland to enhance the readiness of its F-16 fleet, which exclusively uses Pratt & Whitney engines [1][2] - The F100 engine is crucial for 23 global air forces, and there is an increasing demand for its latest generation [2] - The F100 engine has accumulated over 30 million flight hours across global F-16 and F-15 fleets, significantly outperforming other fourth-generation fighter engines [3] Company Overview - Pratt & Whitney is a leader in the design, manufacture, and service of aircraft engines and auxiliary power units [4] - RTX, the parent company of Pratt & Whitney, employs over 185,000 people globally and reported sales of $69 billion in 2023 [5]