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Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring 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, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Scor ...

In the latest market close, RTX (RTX) reached $90.06, with a +0.17% movement compared to the previous day. The stock exceeded the S&P 500, which registered a loss of 1.02% for the day. Elsewhere, the Dow lost 1.04%, while the tech-heavy Nasdaq lost 1.65%.The the stock of an aerospace and defense company has fallen by 2.53% in the past month, lagging the Aerospace sector's gain of 2.05% and the S&P 500's gain of 3.64%.Market participants will be closely following the financial results of RTX in its upcoming ...

Airline also selects EngineWise® maintenance long-term agreement EAST HARTFORD, Conn., March 4, 2024 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, today announced that Icelandair has selected GTF engines to power up to 35 new Airbus A320neo family aircraft, comprising a mix of leased and purchased A321XLR and A321LR aircraft. With this order, Icelandair becomes a first-time GTF customer. The airline has also selected an EngineWise® agreement for the long-term maintenance, repair and overhaul ...

ginga71 Introduction The aerospace and defense sector offers an exciting mix of commercial and military uses. The industry is critical to the national security of the U.S. and its allies and thus tends to be stable. As geopolitical tensions rise in Europe and the Middle East, countries prioritize defense spending, and these companies can capitalize on it, together with the resurgence of international travel following the pandemic. RTX Corporation (NYSE:RTX) is a leading company in the sector. Its diversifie ...

It's ba-a-ck!If you lived on the East Coast in 2015, you probably remember the saga of Raytheon's wandering blimp. A few days before Halloween, a Joint Land Attack Cruise Missile Defense Elevated Netted Sensor System (JLENS) air defense aerostat that Raytheon -- now RTX Corporation (RTX 0.14%) -- sold to the military broke loose from its moorings and began floating willy-nilly up and down the countryside before eventually being shot out of the sky by Pennsylvania State Troopers armed with shotguns.It probab ...

The most recent trading session ended with RTX (RTX) standing at $89.92, reflecting a -0.55% shift from the previouse trading day's closing. This change lagged the S&P 500's daily loss of 0.17%. At the same time, the Dow lost 0.06%, and the tech-heavy Nasdaq lost 0.55%.Heading into today, shares of the an aerospace and defense company had lost 0.2% over the past month, lagging the Aerospace sector's gain of 2.67% and the S&P 500's gain of 3.98% in that time.Market participants will be closely following the ...

Successful test showcases increased capabilities of upgraded AMRAAM-ERANDOYA, Norway, Feb. 27, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, and Kongsberg Defence & Aerospace, with support from the Norwegian Ministry of Defense (MoD) and Armed Forces, successfully completed a flight test of an updated AMRAAM®-Extended Range missile variant from a National Advanced Surface-to-Air Missile System (NASAMS). The successful flight test showcases the increased capabilities of the upgraded AMRAAM-ER. ...

Delivery achieves significant partnership milestoneWILSONVILLE, Ore., Feb. 26, 2024 /PRNewswire/ -- Collins Elbit Vision Systems (CEVS) – a joint venture between Collins Aerospace, and Elbit Systems of America (Elbit America) – announced today that it has delivered the 3,000th F-35 Gen III Helmet Mounted Display Systems (HMDS) to the Joint Strike Fighter. Collins Aerospace is an RTX (NYSE: RTX) business. Collins Elbit Vision Systems F-35 Gen III HMDS is the world’s most advanced helmet-mounted display sy ...

Summary of RTX Corporation Conference Call Company Overview - **Company**: RTX Corporation (NYSE: RTX) - **Event**: Barclays 41st Annual Industrial Select Conference 2024 - **Date**: February 22, 2024 - **Key Participants**: Chris Calio (President & COO, incoming CEO), David Strauss (Barclays) Core Industry Insights Portfolio and Growth Strategy - RTX has focused on integrating the merger between UTC and Raytheon since April 2020, emphasizing the importance of the portfolio and its alignment with current geopolitical needs [4][5] - The company has a substantial backlog of approximately **$196 billion** as of the end of 2023, which is a key focus for execution and delivery [5] - Investment priorities include **$10 billion** in R&D and CapEx in 2023, with a focus on automation and capacity increase [7][8] Aerospace Market Dynamics - The commercial aerospace market is projected to grow at **3% to 5%** annually through the decade, with a backlog of **14,000 aircraft** from Airbus and Boeing [10][11] - The aftermarket segment saw a **23% year-over-year growth** in 2023, with expectations of **10% growth** in 2024 [12] - Original Equipment (OE) is expected to grow by **10% to 15%** year-over-year, driven by GTF engine deliveries [13] Supply Chain Challenges - Supply chain issues have been a significant concern, with **8% year-over-year growth** in material receipts for Raytheon and **30% growth** in structural castings at Pratt [16][17] - Inflation is projected to impact RTX with about **$1.7 billion** in costs in 2024, primarily from labor and product costs [18][19] - The company is focusing on long-term agreements with suppliers to stabilize the supply chain and mitigate inflationary pressures [18][20] GTF Engine Production and Aftermarket - The GTF engine program is experiencing a ramp-up, with expectations of **20% year-over-year growth** in deliveries [22][23] - The aftermarket for GTF engines is expected to face challenges due to powdered metal issues but is projected to achieve fee margins by **2025** [29][30] Defense Sector Insights - RTX has faced challenges with fixed-price development contracts, which have contributed to margin headwinds [34][35] - The company is learning to be more selective in contracting, focusing on core competencies and tightening supply chain processes [36][37] - Despite challenges, the defense sector has a backlog of **$52 billion**, indicating strong demand for products [37] Additional Key Points Core Operating System - RTX employs a CORE (Customer-Oriented Results and Excellence) operating system aimed at continuous improvement across all business phases [39][40] - The company has reduced its supplier base significantly and is focused on improving efficiency and productivity [40][41] Capital Allocation and Portfolio Management - RTX is not planning major portfolio changes but is continuously assessing its business units for potential divestitures and bolt-on technologies [44][45] - The company has committed to returning **$36 billion to $37 billion** to shareholders through 2025, maintaining a focus on dividend growth aligned with profit growth [45] This summary encapsulates the key insights and strategic directions discussed during the conference call, highlighting RTX Corporation's focus on growth, supply chain management, and market positioning in both aerospace and defense sectors.