RTX Corporation (RTX) has been active in news recently with a mix of crucial business moves, lawsuits, and significant contracts. One of the key events is Raytheon, a part of RTX, being assigned to design Landsat Next space instruments. The corporation has faced troubling accusations of age discrimination, leading to class-action lawsuits. Conversely, RTX also secured a $678M contract on the bright side to support the AN/SPY-6(V) Family of Radars and a $1.2 billion contract to offer Patriot air and missile defense systems to Germany. The corporation's stock performance has been compared to other aerospace & defense stocks. Amidst these circumstances, a large number of shares were sold and purchased by different investment groups and banks. The company's new CEO Chris Calio sees a 'remarkable opportunity ahead', and RTX was recognized for industry-leading innovation in patented technology. The corporation's potential is confirmed by the analysts who predict stock upsurge. The company also made key moves in technological advancements and sustainability.
Rtx Corporation RTX News Analytics from Thu, 14 Dec 2023 08:00:00 GMT to Sun, 16 Jun 2024 17:31:18 GMT -
Rating 6
- Innovation 8
- Information 7
- Rumor 2
