The **RTX Corporation** has been garnering a lot of attention from investors due to a variety of positive developments. The company has been awarded a $344 million contract for the modernization of a missile development program's electronics unit. Reportedly, RTX also played an instrumental role in bringing AI Assistants to life via the GeForce RTX AI PCs. In addition, RTX Corporation surpassed its Q1 earnings report, driven by strong demand in the military sector, alongside aviation strength. In other news, Wall Street appears to hold a fundamentally bullish outlook on the company. **Azimuth Capital Investment Management LLC**, however, has reportedly reduced its holdings in RTX. Operationally, Chris Calio has been named the new CEO of RTX Corporation while the organization provides Blue Canyon Satellites for NASA's polar climate mission. A Wall Street analyst has predicted that RTX Corporation's stock could potentially rise to $119. Furthermore, RTX has announced the completion of the first flight test for the new AMRAAM-ER variant. They've also embarked on a $115 million expansion of their Alabama missile integration facility. A recognized leader in patented technology innovation, RTX Stock notably still has an 18% upside, according to one Wall Street analyst.
Rtx Corporation RTX News Analytics from Tue, 24 Oct 2023 07:00:00 GMT to Fri, 07 Jun 2024 13:33:30 GMT - Rating 7 - Innovation 8 - Rumor -4
