RTX Corporation has recently been in the spotlight for various reasons. After criticisms from former President Donald Trump, the defense giant has held steady. RTX has even managed to outperform industry averages in recent weeks, despite being in the political crosshairs. Notable events include being awarded a $1.7 billion contract to supply Patriot systems to Spain, securing a contract to support the Patriot Missile, and having its Collins Aerospace unit awarded a NATO contract for an electromagnetic warfare command and control system, to name a few. Despite threats of government contract withdrawals, the company's stock remains resilient. By trimming dividends and buybacks, RTX may be rebuffing Trump’s criticism, driven by a strong institutional backing of 81% ownership. Moreover, RTX's earnings results are expected soon, with positive forecasts predicted. Record high stocks have been seen, with hitting an all-time high of $186.83. There are potential restrictions on capital allocations, and the corporation has continued to award new contracts, boosting business. Nevertheless, shares have fallen following Trump's threats, placing their government associations in jeopardy.
Rtx Corporation RTX News Analytics from Fri, 16 May 2025 07:00:00 GMT to Sat, 10 Jan 2026 12:00:00 GMT -
Rating 7
- Innovation 1
- Information 5
- Rumor -5
