RTX Corporation has had a notable presence in the news with various advancements, contracts, and financial performance being addressed. Firstly, RTX has shown robust growth, delivering the 13th AN/TPY-2 radar for the U.S. Missile Defense Agency and the 250th RAM launcher to U.S. Navy. Reduction in RTX stock by Connecticut Wealth Management LLC and Strategic Wealth Partners Ltd. contrastingly juxtapose acquisitions by City National Bank of Florida MSD and DCM Advisors LLC.
Investor sentiment leans positive, with TD Cowen maintaining a 'buy' rating and raising the price target to $155 from $142. In the defense sector, RTX won a contract worth $581M for the Next Generation Jammer Mid-Band System, achieved successful tests with LTAMDS and PAC-2 GEM-T Missile, and delivered advanced radar systems using GaN technology. Its
innovations include AI/ML-powered Radar Warning Receiver for 4th-generation aircraft and introduced Venue™ smart monitor featuring Airshow™ HD. However, concerns rose as RTX cautioned an $850M hit from Trump’s tariffs until 2025, resulting in a mild share fall. RTX's Collins Aerospace unit has been making strides with first shipments of advanced products, while Pratt & Whitney, RTX’s unit, fostered the European Technology and Innovation Center in the Netherlands.
Rtx Corporation RTX News Analytics from Thu, 14 Nov 2024 08:00:00 GMT to Sat, 24 May 2025 18:00:00 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor -4
