RTX Corporation (NYSE:RTX) is dominantly controlled by institutional shareholders owning a massive 82% of the bulk. With recent promising developments in Collins Aerospace EPACS power system now ready for aircraft integration and securing a substantial $141M contract to support the Standard Missile-2 Program, RTX is gaining momentum. Meanwhile, there's an expansion of institutional investments with Adams Diversified Equity Fund and iA Global Asset making significant purchases of RTX shares. The NVIDIA Blackwell RTX PRO offers significant advantages for Workstations and Servers design, further supporting RTX's image as the preferred stock. And according to analysts, RTX stock is the platform where money will be made. Armed with several successful tests and contract fulfillments under its belt, like Raytheon's successful test with LTAMDS and PAC-2 GEM-T Missile, rebuilding the Dutch Patriot air defense system, and meeting significant milestones for the U.S. Army's Next-Generation Short-Range Interceptor program, RTX continues to portray strength in the bio-tech market.
Rtx Corporation RTX News Analytics from Mon, 16 Sep 2024 07:00:00 GMT to Sat, 22 Mar 2025 12:26:55 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor -3
