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RTX EPACS F-35 power and thermal management system demonstrates 80 kW cooling capacity PR Newswire New system would more than double F-35's current cooling capability to support future upgrades and warfighters' urgent operational needs WINDSOR LOCKS, Conn. , ...
2024-01-30 03:18:25 ET Summary RTX announced its Q4 and FY23 earnings on January 23, revealing a beat in top and bottom line with sales up 10.8% YoY and 70bps segment margin expansion to 10.8%. Q4 showed ongoing strength, particularly in its aerospace business with 19% YoY growth ...
2024-01-29 19:41:44 ET Summary RTX Corporation reported better-than-expected Q4 earnings, driven by strong demand for its Aerospace and engine products. The Aerospace segment is seeing impressive operating income growth and margin expansion. RTX Corporation is moderate and tra...
2024-01-29 14:37:04 ET Summary The S&P 500 Index has surged by 20% in the last three months due to the Fed's pivot towards a more accessible monetary stance, and other constructive factors. Near-term gains have been stellar, but a pullback/consolidation phase may be imminent. ...
RTX's CHIMERA high-power microwave system excels during three-week field test PR Newswire 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...
2024-01-28 05:31:00 ET 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 alrea...
2024-01-27 08:00:00 ET Summary Long leading indicators have shown improvement, particularly in interest rates and credit spreads. Short leading indicators are mixed, with the big decline in new orders and temporary staffing being of especial concern. Coincident indicators have...
2024-01-26 09:15:00 ET Summary The Fed tightened interest rates to combat inflation, causing regional banks like Silicon Valley Bank to suffer from an asset/liability mismatch. SVB Financial Group's Treasury bond holdings declined in value as interest rates spiked, leading to a li...
2024-01-25 18:13:50 ET Summary Fourth Quarter 2023 GDP exceeds expectations at 3.3%, but the recession may only be delayed, not avoided. Personal Consumption Expenditures and Gross Domestic Investment drive GDP growth. The "soft landing" may be illusory. There are significant ...
2024-01-25 15:10:13 ET More on Raytheon Technologies I'm Convinced RTX Is One Of The Best Stocks Money Can Buy RTX Corporation (RTX) Q4 2023 Earnings Call Transcript RTX Corporation 2023 Q4 - Results - Earnings Call Presentation RTX’s stock jumps as av...
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RTX Reports Q2 2024 Results PR Newswire RTX delivers solid operational performance and 8% sales growth; Increases 2024 outlook for adjusted sales* and adjusted EPS*, revises free cash flow* ARLINGTON, Va. , July 25, 2024 /PRNewswire/ -...
RTX's Pratt & Whitney GTF™ Engines Surpass 950 Orders and Commitments in 2024 RTX's Pratt & Whitney GTF™ Engines Surpass 950 Orders and Commitments in 2024 PR Newswire More than 11,000 GTF orders and commitments program to date LONDON ...
RTX's Pratt & Whitney GTF™ engines to power 11 Airbus A220 aircraft for Air Niugini RTX's Pratt & Whitney GTF™ engines to power 11 Airbus A220 aircraft for Air Niugini PR Newswire National airline of Papua New Guinea is a first-time GTF cust...