RTX businesses Collins Aerospace, Pratt & Whitney, and Raytheon to display latest transformative technologies—creating a safer, more connected world SINGAPORE, Feb. 15, 2024 /PRNewswire/ -- (SINGAPORE AIRSHOW) — RTX (NYSE: RTX), the world's largest aerospace and defense company, is set to feature its latest commercial and defense technologies at the Singapore Airshow taking place February 19-24. The company will highlight its commitment to serving the needs of a growing military and commercial aviation cust ...

RTX (RTX) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this an aerospace and defense company have returned +6% over the past month versus the Zacks S&P 500 composite's +3.7% change. The Zacks Aerospace - Defense industry, to which RTX belongs, has lost 1.8% over this period. Now the key question is: Where could the stock be headed in the near term?Although media rep ...

RTX's (RTX -0.60%) mix of commercial aerospace businesses makes it attractive for dividend investors. The defense business is known for its solidity thanks to its highly creditworthy customers. Meanwhile, its airplane engines (Pratt & Whitney) generate aftermarket earnings for decades, and its commercial aerospace component business (Collins Aerospace) is a critical player in servicing both original equipment and aftermarket demand. That all points to long-term earnings generation and dividend growth.Still, ...

RTX Corporation (NYSE:RTX) TD Cowen 45th Annual Aerospace and Defense Conference February 13, 2024 9:15 AM ET Company Participants Neil Mitchill - Chief Financial Officer Conference Call Participants Cai von Rumohr - TD Cowen Cai von Rumohr Okay. Thank you all for coming. We're going to move on with our next program. We're delighted to have RTX with us, and their CFO, Neil Mitchill. Neil is going to tell us a little bit about Reg FD, make some comments, and then we'll be in the interview. Neil? Neil Mitchil ...

Funding will support streamlined operations, better fleet readinessEAST HARTFORD, Conn., Feb. 13, 2024 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, was awarded an F100 engine performance-based logistics (PBL) sustainment contract by South Korea's Defense Acquisition Program Administration (DAPA). This contract, with a base value of $355 million, is the third consecutive PBL contract Pratt & Whitney and DAPA have signed since 2012, offering on-going maintenance support for the Republic of Ko ...

Bengaluru facility will be co-located with other centers of excellence to amplify collaborationBENGALURU, India, Feb. 13, 2024 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, announced the establishment of its new India Digital Capability Center (IDCC) in Bengaluru, India. The new center will accelerate innovation and drive digital and business transformation for Pratt & Whitney worldwide. Rahul Dharni, Vice President & Chief Information Officer, Pratt & Whitney, along with Pratt & Whitney' ...

Geopolitical tensions remain excessively strained, and they don't seem poised to ease anytime soon. Investors attuned to this situation, moreover, are taking a closer look at defense stocks such as RTX (RTX 0.70%).But opinions regarding the advantages and disadvantages of picking up shares of RTX (formerly Raytheon Technologies) right now vary widely. To help make sense of the different viewpoints, two Fool.com contributors look at the bull and bear cases for buying RTX stock.RTX faces operational challenge ...

Milestone moves program closer to detailed design reviewEAST HARTFORD, Conn., Feb. 12, 2024 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, has completed a critical assessment of its Next-Generation Adaptive Propulsion (NGAP) offering with the U.S. Air Force, moving the program closer to completing its detailed design review. The team is now working towards ground testing of its NGAP prototype, referred to as XA103, which is expected to occur in the late 2020s. This is a rendering of a futu ...

Mobile air traffic control system now available worldwideARLINGTON, Va., Feb. 12, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, has delivered vehicle-mounted air traffic control systems to the U.S. Air Force to provide air traffic management in the most contested environments.The units – called Air Traffic Navigation, Integration, and Coordination Systems (ATNAVICS) – are full air traffic control systems that are easily transported to support more austere environments. The systems inc ...

Next generation aircraft re-affirms PT6A's engine-of-choice status in general aviation and builds on long-standing relationship between the two companiesLONGUEUIL, QC , Feb. 6, 2024 /PRNewswire/ -- Pratt & Whitney Canada today announced its PT6A-52 engine has been selected by Piper Aircraft Inc. for the Piper M700 Fury aircraft. This is the first time the PT6A-52 engine is used to power a single-engine turboprop. Pratt & Whitney is an RTX (NYSE: RTX) business. Pratt & Whitney Canada PT6A-52 powering the ...