Raytheon Technologies Stock News

Prepares the way for entry into service EAST HARTFORD, Conn. , Feb. 21, 2025 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, today marks the certification of the GTF-powered Airbus A321XLR by the European Aviation Safety Agency (EASA), preparing the way for entry into service.

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.

Contract will improve readiness and reduce costs for more than 400 engines EAST 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.

RTX's stock decline is driven by defense budget cut fears, but commercial aerospace growth and a $218 billion backlog offer stability and growth prospects. Commercial aerospace sales grew 11.8% last year, outpacing defense sales, indicating that RTX's revenue growth is less dependent on U.S. defense budgets. RTX's backlog, covering 2.5 years of sales, and potential cost efficiencies in procurem...

RTX Corporation (NYSE:RTX ) Barclays 42nd Annual Industrial Select Conference Call February 19, 2025 8:40 AM ET Company Participants Chris Calio - President & Chief Executive Officer Conference Call Participants David Strauss - Barclays David Strauss All right, we are good to go. Next up, we have RTX and Chris Calio, President, CEO and I think soon to be [Technical Difficulty].

Investors expect European countries to ramp up spending on fighter jets, tanks, and other equipment, bolstering the shares of the companies that can build it.

“NATO is dead,” wrote Vertical Research Partners analyst in a Tuesday report summarizing recent news for his clients.

Demos highlight maturity and capability of Raytheon NGSRI solution TUCSON, Ariz. , Feb. 18, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, announced a series of 10 successful subsystem demonstrations for the U.S. Army's Next-Generation Short-Range Interceptor (NGSRI), which will eventually replace the Stinger® surface-to-air missile.