RTX Corporation has seen a myriad of activities both in
stock buy and sell behaviours. Entities such as Novem Group, Kanawha Capital Management, Adell Harriman & Carpenter, Braun Stacey Associates, and Seascape Capital Management have seen significant share purchase increases. Meanwhile, Trust Financial Corp, GR Financial and Conning Inc have seen a
reduction in their stake.
Defence contracts have also played a significant role, RTX was granted a $250 million licensed production contract from MELCO, a $1.1 billion U.S. Navy contract, a $646 million contract for the SPY-6 canopy of radars and $580 million for the Next Generation Jammer Mid-Band. Within aviation, Wizz Air and Frontier Airlines have selected
RTX's Pratt & Whitney GTF™ Engines for their fleets. With regards to innovation, RTX demonstrated success in both the Hybrid-Electric Flight Demonstrator program and the collaborations with Shield AI for autonomous defence system enhancements. Lastly, surges of
conflict in the Middle East and sales projections in Europe have impacted the stock's expectations and propelled its value.
Rtx Corporation RTX News Analytics from Thu, 05 Dec 2024 08:00:00 GMT to Sat, 05 Jul 2025 21:59:50 GMT -
Rating 7
- Innovation 5
- Information 6
- Rumor 2
