Raytheon Technologies(RTX)

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RTX recognized as JUST 100 company
Prnewswire· 2024-02-05 15:00
Third year in a row RTX leads the aerospace and defense industryARLINGTON, Va., Feb. 5, 2024 /PRNewswire/ -- RTX (NYSE: RTX) was named one of America's Most JUST Companies, for the third consecutive year, for its commitment to serving its workers, customers, communities, the environment and shareholders. RTX ranked No. 1 in the aerospace and defense sector and No. 69 overall in the JUST 100. RTX was named one of America's Most JUST Companies for its commitment to serving its workers, customers, communiti ...
Raytheon Technologies(RTX) - 2023 Q4 - Annual Report
2024-02-04 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-00812 RTX Corporation (Exact name of registrant as specified in its charter) (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. ...
RTX Board of Directors Declares Quarterly Cash Dividend
Prnewswire· 2024-02-02 21:15
ARLINGTON, Va., Feb. 2, 2024 /PRNewswire/ -- RTX (NYSE: RTX) announced today that its Board of Directors declared a dividend of 59 cents per outstanding share of RTX common stock. The dividend will be payable on March 21, 2024 to shareowners of record at the close of business on Feb. 23, 2024. RTX has paid cash dividends on its common stock every year since 1936. About RTXRTX is the world's largest aerospace and defense company. With more than 185,000 global employees, we push the limits of technology and s ...
RTX works with AMD to develop next-gen Multi-Chip Package
Prnewswire· 2024-02-01 14:00
Collaboration will accelerate the delivery of microelectronics packaging for military systems ARLINGTON, Va., Feb. 1, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has been awarded a $20 million contract through the Strategic and Spectrum Missions Advanced Resilient Trusted Systems (S2MARTS) consortium to develop a next-generation multi-chip package for use in ground, maritime and airborne sensors. Under the contract, Raytheon will package state-of-the-art commercial devices from industry part ...
RTX Corporation (RTX) Is a Trending Stock: Facts to Know Before Betting on It
Zacks Investment Research· 2024-01-31 15:01
RTX (RTX) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this an aerospace and defense company have returned +6.3%, compared to the Zacks S&P 500 composite's +3.3% change. During this period, the Zacks Aerospace - Defense industry, which RTX falls in, has lost 6.1%. The key question now is: What could be the stock's future direction?While media releases ...
RTX business Collins Aerospace announces developmental milestone of next-generation spacesuit
Prnewswire· 2024-01-31 14:00
Company validated spacesuit performance in manufactured zero-gravity environmentHOUSTON, Jan. 31, 2024 /PRNewswire/ -- Collins Aerospace, an RTX business (NYSE: RTX), with partners ILC Dover and Oceaneering, completed the Crew Capability Assessment test, a key step in the design process on its next-generation spacesuit for the International Space Station, under NASA's Exploration Extravehicular Activity Services, or xEVAS, contract. Collins Aerospace’s Next-Gen spacesuit prior to Crew Capability Assessme ...
RTX EPACS F-35 power and thermal management system demonstrates 80 kW cooling capacity
Prnewswire· 2024-01-30 11:00
New system would more than double F-35's current cooling capability to support future upgrades and warfighters' urgent operational needsWINDSOR LOCKS, Conn., Jan. 30, 2024 /PRNewswire/ -- RTX (NYSE: RTX) today announced its Collins Aerospace business has demonstrated 80 kilowatts of cooling capacity across a range of operating conditions for its Enhanced Power and Cooling System (EPACS). Targeted as a replacement to the current F-35 power and thermal management system (PTMS), EPACS is positioned to support ...
RTX Q4 2023: Flying High On Aerospace Strength
Seeking Alpha· 2024-01-30 08:18
baranozdemirKey Highlights Commercial Aerospace continues to fly high RTX' (NYSE:RTX) commercial aerospace businesses at Collins and Pratt were once again the key driver of revenue growth and margin expansion, both for Q4 and for FY23. Collins grew Q4 revenues by 12%, with operating margins ending the year at 14.8%. For the entirety of FY23, Collins revenues grew 13.6% with operating profit surging ~28% on the back of a 170bps margin expansion from higher volumes in both OE and aftermarket. Aftermarket ...
RTX's CHIMERA high-power microwave system excels during three-week field test
Prnewswire· 2024-01-29 14:00
U.S. Air Force's transportable, standalone HPM system will play key role in layered defense WHITE SANDS, N.M., Jan. 29, 2024 /PRNewswire/ -- The Air Force Research Laboratory and Raytheon, an RTX (NYSE: RTX) business, have successfully completed a three-week field test of the CHIMERA high-power microwave (HPM) weapon at White Sands Missile Range in New Mexico. During the test, CHIMERA applied directed energy to multiple static target variations and demonstrated end-to-end fire control by acquiring and track ...
RTX Stock Had a Lousy 2023. Will 2024 Be Better?
The Motley Fool· 2024-01-28 10:31
2023 was not kind to defense contractor Raytheon.Stung by a manufacturing snafu involving "a rare condition in powder metal used to manufacture certain engine parts," the company announced in August that it would pull anywhere from 200 to 1,200 of its already-installed PW1100G-JM engines from commercial airplane engines for inspection. The decision incurred costs for conducting the inspections, interrupted the company's sales pipeline for new engines, and caused Raytheon stock to lose about 17% in a year wh ...