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RTX's Pratt & Whitney GTF Advantage™ engine achieves U.S. FAA type certification
Prnewswire· 2025-02-27 10:00
Core Insights - Pratt & Whitney's GTF Advantage engine has received FAA type certification for the Airbus A320neo family, marking a significant milestone for the company [1][2] - The GTF Advantage engine offers 4-8% more takeoff thrust, improved fuel efficiency, and lower carbon emissions, enhancing the capabilities of A320neo family aircraft [2][3] - The engine is designed to be compatible with 100% sustainable aviation fuel and is fully interchangeable with existing GTF engine models [2][3] Engine Features and Testing - The GTF Advantage includes redesigned life-limited parts and technology enhancements, resulting in increased durability and lower operating temperatures [3][4] - The testing program for the GTF Advantage involved more than double the testing hours compared to the current GTF engine, with over 100,000 hours of engine and rig testing [4] - The GTF engine family has delivered significant fuel savings, with over 2 billion gallons saved and a reduction of 20 million metric tons of CO2 emissions since entering service [5] Market Demand and Company Overview - More than 2,200 GTF-powered aircraft have been delivered to over 80 customers globally, with strong demand reflected in 11,000 engine orders and commitments across all platforms [5] - Pratt & Whitney is a leading company in aircraft engine design and manufacturing, contributing to the aerospace and defense sectors under the RTX umbrella, which reported over $80 billion in sales for 2024 [6][7]
RTX (RTX) Stock Dips While Market Gains: Key Facts
ZACKS· 2025-02-26 23:55
Group 1: Company Performance - RTX closed at $127.31, reflecting a -0.02% change from the previous day, underperforming the S&P 500's gain of 0.01% [1] - Over the past month, RTX shares have depreciated by 0.79%, outperforming the Aerospace sector's loss of 4.41% and the S&P 500's loss of 2.26% [1] Group 2: Upcoming Financial Results - RTX is expected to report an EPS of $1.34, indicating stability compared to the same quarter last year, with a projected revenue of $19.76 billion, reflecting a 2.36% increase from the equivalent quarter last year [2] - For the full year, earnings are projected at $6.13 per share and revenue at $84.28 billion, showing changes of +6.98% and +4.39% respectively from the previous year [3] Group 3: Analyst Estimates and Valuation - Recent revisions in analyst estimates for RTX have shown a 0.87% upward shift in the Zacks Consensus EPS estimate, indicating analyst optimism regarding the company's business and profitability [5] - RTX currently has a Forward P/E ratio of 20.79, which is a premium compared to the industry average Forward P/E of 17.77 [5] - The company has a PEG ratio of 2.14, higher than the industry average PEG ratio of 1.82 [6] Group 4: Industry Context - The Aerospace - Defense industry, which includes RTX, has a Zacks Industry Rank of 133, placing it in the bottom 48% of over 250 industries [6] - The Zacks Rank system indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
Republic of Gamers Announces Next-Gen RTX 50 Series Laptop Lineup – Now Available for Pre-Order in Canada
GlobeNewswire News Room· 2025-02-26 00:51
Core Insights - ASUS Republic of Gamers (ROG) has launched its 2025 NVIDIA® RTX™ Laptop GPU line-up, which is now available for pre-order, featuring advanced graphics technologies such as DLSS 4 and Frame Generation [1][9] Product Overview - The flagship models, ROG Strix SCAR 16 & 18, are equipped with the latest RTX 50 Series Laptop GPUs, designed for high-performance gaming and multitasking [2] - ROG Strix G16 is tailored for gamers and content creators, powered by Intel's Core Ultra 9 Processor 275HX and NVIDIA RTX 50 Series GPUs, ensuring fast AAA gaming performance [5] - ROG Zephyrus G14 and G16 offer ultra-portability with high performance, featuring lightweight designs and powerful processors, including Intel Core Ultra 9 285H and AMD Ryzen AI 9 HX 370 [7][8] Cooling and Performance Features - ROG's Intelligent Cooling technology includes a custom vapor chamber and advanced Tri-Fan Technology, maintaining low temperatures and noise levels during extended gaming sessions [3] - The Strix SCAR Series supports up to 64GB of DDR5-5600 RAM and up to 4TB PCIe Gen4 SSD, allowing for exceptional speed and storage capabilities [4] Design and Customization - The laptops feature customizable aesthetics with AniMe Vision arrays and Aura RGB light bars, enabling users to personalize their devices [4] - The ROG Zephyrus series is designed with a CNC-milled aluminum chassis, balancing durability and portability, with weights of 3.46 lbs for G14 and 4.30 lbs for G16 [8] Availability and Pricing - The new ROG laptops are available for pre-order through various online retailers, with shipments expected to start from late March 2025 [9] - Pricing for the ROG Strix SCAR 16 starts at C$4,499, while the SCAR 18 is priced at C$6,999 [10][11]
RTX's Collins Aerospace selected by Boeing to provide ACES II ejection seats for the U.S. Air Force's F-15EX fleet
Prnewswire· 2025-02-25 14:00
Core Insights - Collins Aerospace has been awarded a contract from Boeing Defense to supply 144 ACES II® ejection seats for the U.S. Air Force's F-15EX fleet, enhancing safety and performance for aircrew [1][2]. Company Overview - Collins Aerospace is a leader in integrated and intelligent solutions for the global aerospace and defense industry, employing 80,000 individuals dedicated to advancing technologies for sustainable aviation and mission success [4]. - RTX, the parent company of Collins Aerospace, is the world's largest aerospace and defense company with over 185,000 employees and projected sales exceeding $80 billion in 2024 [5]. Product Details - The ACES II ejection seat has saved over 700 lives since its introduction in 1978 and is currently in service with 29 air forces globally, including various U.S. Air Force fleets [2]. - The ACES family of ejection seats is noted for its advanced technologies that significantly reduce the risk of injury during ejection, providing aircrew with confidence in their safety during missions [2]. Contract Execution - The work related to the contract for the F-15EX ejection seats will be conducted in Colorado Springs, Colorado [3].
RTX's Raytheon demonstrates first-ever AI/ML-powered Radar Warning Receiver for 4th generation aircraft
Prnewswire· 2025-02-24 14:00
Core Insights - Raytheon has successfully completed flight testing of the first AI/ML-powered Radar Warning Receiver (RWR) system for fourth-generation aircraft, enhancing aircrew survivability and accelerating AI/ML capability deployment [1][2] Group 1: Technology and Innovation - The Cognitive Algorithm Deployment System (CADS) integrates the latest Embedded Graphics Processing Unit with Deepwave Digital's computing stack, allowing AI models to be incorporated into Raytheon's legacy RWR systems for AI/ML processing at the sensor level [2] - CADS employs cognitive methods to sense, identify, and prioritize threats, significantly enhancing the survivability of military personnel by processing data with minimal latency [3] Group 2: Testing and Implementation - Initial CADS hardware and cognitive radar processing capabilities were successfully tested on Raytheon's flight test aircraft, including demonstrations on an F-16 at the Air National Guard's test range in December [3] - CADS is expected to begin procurement across multiple platforms in early 2025 [4] Group 3: Company Overview - Raytheon, as part of RTX, has over 100 years of experience in developing defense solutions, focusing on integrated air and missile defense, advanced sensors, and missile defense systems [5] - RTX is the largest aerospace and defense company globally, with over 185,000 employees and projected sales exceeding $80 billion in 2024 [6]
NSPA awards RTX additional contract for optical day sights
Prnewswire· 2025-02-24 07:00
ELCAN Specter DR dual role sight enhances optical capabilities for NATO allies NUREMBERG, Germany, Feb. 24, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business was awarded an additional multi-million-dollar contract by the Danish Defence Armed Forces for ELCAN Specter DR dual role sights. The NATO Support Procurement Support Agency (NSPA) is the contracting authority.The ELCAN Specter DR sight is a direct-view optic that provides close quarters and precision capability in a single sight. The Specter ...
EASA certifies Airbus A321XLR aircraft powered by RTX's Pratt & Whitney GTF™ engines
Prnewswire· 2025-02-21 08:02
Group 1 - The GTF-powered Airbus A321XLR has received certification from the European Aviation Safety Agency (EASA), paving the way for its entry into service [1][2] - The PW1100G-JM engine's type certificates were updated to include the A321XLR, with EASA granting certification on February 7, 2025, and the U.S. Federal Aviation Administration on December 12, 2024 [1] - The A321XLR is noted for its fuel efficiency, burning 30% less fuel per seat compared to previous generation aircraft, which enhances its operational economics [2] Group 2 - Pratt & Whitney has delivered over 2,200 GTF-powered aircraft to more than 80 customers globally, indicating strong market acceptance [2] - The next engine configuration, GTF Advantage, is designed to provide higher take-off thrust and improved operating economics, making it well-suited for the A321XLR [2] - RTX, the parent company of Pratt & Whitney, is the largest aerospace and defense company, with 2024 sales exceeding $80 billion [4]
RTX's Pratt & Whitney passes first fully digital detailed design review on Next-Gen Adaptive Propulsion Offering
Prnewswire· 2025-02-20 19:24
Hardware procurement begins for XA103 prototype build and test  EAST HARTFORD, Conn., Feb. 20, 2025 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, completed the detailed design review of its Next-Generation Adaptive Propulsion (NGAP) offering with the U.S. Air Force. Pratt & Whitney presented directly from its collaborative digital environment, providing reviewers with immediate access to all the data and material to satisfy the stringent criteria. Passing this fully digital evaluation allows ...
RTX Expands GTF MRO Network With Sanad Group, Scales Up in UAE
ZACKS· 2025-02-20 16:35
RTX Corporation’s (RTX) unit, Pratt & Whitney, recently announced its plans to enhance its global network of GTF engines’ maintenance, repair and overhaul (MRO) by partnering with Sanad Group. As part of this collaboration, a new state-of-the-art MRO facility will be established in Al Ain, UAE, which should further fortify RTX’s presence in the region.Details of RTX’s FacilityThe new MRO facility is set to be operational by 2028. The facility will service Pratt & Whitney’s PW1100G-JM and PW1500G engines for ...
RTX's Pratt & Whitney awarded $1.5 billion F119 engine sustainment contract for U.S. Air Force's F-22 fleet
Prnewswire· 2025-02-20 14:00
Contract will improve readiness and reduce costs for more than 400 enginesEAST HARTFORD, Conn., Feb. 20, 2025 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, secured a three-year contract valued up to $1.5 billion to sustain F119 engines, which power the U.S. Air Force's F-22 fighter jets. The contract will improve readiness and reduce costs for an F119 fleet of more than 400 engines that have flown over 900,000 engine flight hours."The F119's readiness and reliability rates have never been mo ...