RTX Corporation has been in the limelight due to various significant developments. A $250 million contract was awarded to its Raytheon division by MELCO for ESSM Block 2 licensed production.
Westend Capital Management LLC has increased its position in RTX. Moreover,
Sumitomo Mitsui Trust Group Inc. has purchased 21,848 shares of the company, while
WealthBridge Capital has taken a $365,000 position in RTX. The company was also awarded a
$1.1 billion contract by the U.S. Navy to produce AIM-9X Block II missiles.
Vista Investment Partners II LLC and
GAMMA Investing LLC have both increased their stakes in RTX. The firm has further strengthened its position by signing a
10-year strategic MoU with the
Singapore EDB to advance aerospace innovation. RTX has been awarded several significant contracts, including a
$646 million hardware production and sustainment contract for the SPY-6 family of radars, a
$536 million contract for the same family of radars by the US Navy, and a
$580 million contract for Next Generation Jammer Mid-Band production. Additionally, RTX's Pratt & Whitney GTF™ engines have been chosen by
Wizz Air and
Frontier Airlines to power their Airbus A321neo aircraft.
Rtx Corporation RTX News Analytics from Thu, 05 Dec 2024 08:00:00 GMT to Sat, 28 Jun 2025 13:32:46 GMT -
Rating 8
- Innovation 3
- Information 9
- Rumor -4
