RTX Co. share dynamics have showcased significant movement, with notable acquisitions and sales by
RFG Advisory LLC,
Douglas Lane & Associates LLC,
Los Angeles Capital Management LLC, and many others. Notably,
Meyer Handelman Co. and others have sold off portions of their holdings.
Raytheon, a subsidiary of RTX, will design space instruments for
Landsat Next and has secured a $677 million US Navy contract for SPY-6 family of radars. Furthermore, it has also been awarded a $1.2 billion contract to provide
Patriot air and missile defense systems to Germany. RTX has bagged a significant $344 million contract focused on modernizing the electronics unit for missile development. Their Q1 Earnings were overwhelming and surpassed expectations.
Collins Aerospace, another RTX subsidiary, in partnership with
Panasonic Avionics, unveiled MAYA, projecting the future of premium air travel. On the innovation front, RTX's Pratt & Whitney has completed a key design review for Next-Generation Adaptive Propulsion systems and announced full operations of Singapore Technology Accelerator. New CEO, Chris Calio, envisions a significant opportunity ahead for RTX.
Rtx Corporation RTX News Analytics from Tue, 24 Oct 2023 07:00:00 GMT to Sun, 23 Jun 2024 12:05:40 GMT -
Rating 7
- Innovation 8
- Information 8
- Rumor 2
