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RTX provides Blue Canyon Satellites for NASA Polar climate mission
Prnewswire· 2024-06-06 14:00
Twin CubeSats will improve Earth climate modeling LAFAYETTE, Colo., June 6, 2024 /PRNewswire/ -- RTX's (NYSE: RTX) small satellite manufacturer and mission services provider, Blue Canyon Technologies, has established communication with both CubeSats for the NASA PREFIRE (Polar Radiant Energy in the Far InfraRed Experiment) mission. The PREFIRE mission will measure the amount of heat Earth emits into space from the Arctic and Antarctica. Blue Canyon Technologies has successfully made contact with NASA's twin ...
RTX (RTX) Exceeds Market Returns: Some Facts to Consider
ZACKS· 2024-06-04 22:52
RTX (RTX) closed the latest trading day at $107.90, indicating a +0.49% change from the previous session's end. The stock's change was more than the S&P 500's daily gain of 0.15%. Meanwhile, the Dow gained 0.36%, and the Nasdaq, a tech-heavy index, added 0.17%. Heading into today, shares of the an aerospace and defense company had gained 5.36% over the past month, outpacing the Aerospace sector's gain of 2.96% and the S&P 500's gain of 3.2% in that time. Investors will be eagerly watching for the performanc ...
RTX Board of Directors Declares Quarterly Cash Dividend
Prnewswire· 2024-06-03 20:15
ARLINGTON, Va., June 3, 2024 /PRNewswire/ -- RTX (NYSE: RTX) announced today that its Board of Directors declared a dividend of 63 cents per outstanding share of RTX common stock. The dividend will be payable on Sept. 5, 2024 to shareowners of record at the close of business on Aug. 16, 2024. RTX has paid cash dividends on its common stock every year since 1936. About RTX With more than 185,000 global employees, RTX pushes the limits of technology and science to redefine how we connect and protect our world ...
CEO Peter Røpke to resign from RTX at the end of November 2024
GlobeNewswire News Room· 2024-05-31 11:15
Nørresundby, 31 May 2024 Announcement no. 30/2024 Peter Røpke has informed RTX A/S that he has decided to resign from the Company to take up the CEO position in a privatly owned company in a different industry. He will continue at RTX until 30 November 2024. Enquiries and further information: Chair Peter Thostrup, tel +45 96 32 23 00 Attachment Chair Peter Thostrup says: "I have valued the close partnership with Peter. Peter has made important contributions to the development of RTX since joining in 2016. W ...
RTX Secures a $381M Contract to Support F135 Engine Program
ZACKS· 2024-05-30 16:41
RTX Corp.'s (RTX) business unit, Pratt and Whitney, recently secured a modification contract involving the F135 propulsion system. The award has been offered by the Naval Air Systems Command, Patuxent River, MD. Details of the Deal Valued at $380.6 million, the contract is expected to be completed by August 2024. The latest modification enables RTX to provide F135 propulsion system annual sustainment. These sustainment efforts include program management, financial and administrative activities, propulsion i ...
RTX (RTX) Suffers a Larger Drop Than the General Market: Key Insights
zacks.com· 2024-05-29 22:51
The most recent trading session ended with RTX (RTX) standing at $104.57, reflecting a -0.9% shift from the previouse trading day's closing. This change lagged the S&P 500's 0.74% loss on the day. Elsewhere, the Dow saw a downswing of 1.06%, while the tech-heavy Nasdaq depreciated by 0.58%. Shares of the an aerospace and defense company have appreciated by 3.94% over the course of the past month, outperforming the Aerospace sector's gain of 2.9% and lagging the S&P 500's gain of 4.27%. Investors will be eag ...
RTX's Collins Aerospace wins prestigious Crystal Cabin Award for STARLight™ structural technology
prnewswire.com· 2024-05-29 08:00
HAMBURG, Germany, May 29, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business has been named a winner of a 2024 Crystal Cabin Award for its STARLight™ structural technology. The Crystal Cabin Award is the only international award for excellence in aircraft interior innovation. Placing first in the Material and Components category, Collins' STARLight structures are ultra-lightweight, strong and sustainable composite structures that can easily integrate into many cabin interior spaces – includ ...
RTX's Collins Aerospace introduces its Helix™ next-generation main cabin seat
prnewswire.com· 2024-05-29 07:00
Collins is currently engaged with a number of airline customers to introduce the Helix main cabin seat into their narrowbody fleets. "Helix seating was developed with three key pillars in mind – comfort, reliability and sustainability," said Christophe Blanc, vice president and general manager of Aircraft Seating at Collins Aerospace. "The contemporary design increases passenger living space and under seat stowage, while the seat back is optimized to accommodate a greater number of integrated inflight enter ...
RTX: Defense Play With Commercial Growth Engine, A Cautious Buy
seekingalpha.com· 2024-05-29 06:34
I believe these represent very solid growth rates for a business of this size. Defense via Raytheon appears to be growing more slowly at a 6% rate. However, I believe investors should recognize the more defensive nature (less cyclical) of these revenue streams due to the idiosyncratic trends in defense spending (especially in Europe) which arguably don't rely much on the business cycle (Europe needs to bolster its defenses somewhat independently from economic fluctuations). The book to bill at 1.05x in the ...
RTX Secures a Navy Contract Involving AIM-9X Block II Missile
zacks.com· 2024-05-28 14:56
RTX Corp. (RTX) recently clinched a modification contract involving the AIM-9X Block II missile. The award has been provided by the Naval Air Systems Command, Patuxent River, MD. Details of the Deal Valued at $18 million, the contract is expected to be completed by June 2026. The latest modification adds scope for RTX to offer continued studies involving future updates to the AIM-9X missile system, in conjunction with the AIM-9X Block II and Block II+ System Improvement Program Increment IV. Work related to ...