The Latest Breaking News from RTX

The Fed’s recent approval to increase the interest rate by 75 basis points has once again raised recession fears. However, given the possibility of a lower pace of rate hike in the future, a bull market might be on the horizon. Amid this, we think quality stocks Microsoft (MSFT), PepsiCo…

Someone with a lot of money to spend has taken a bullish stance on Raytheon Technologies (NYSE:RTX). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Aerospace and defense company Raytheon Technologies Corp (NYSE:RTX) plans to establish its worldwide headquarters in Arlington, Virginia, as Washington, D.C., serves as a convenient travel hub for its global customers and employees. RTX is currently based in Waltham, Massachusetts. The company plans to maintain its substantial presence in the U.S., encompassing 600 sites…

The U.S. Army has awarded Raytheon Technologies Corp (NYSE:RTX) a contract for up to $687 million for anti-aircraft Stinger missiles to replenish stocks deployed to Ukraine, reported Reuters. Raytheon's shoulder-fired anti-aircraft Stinger missiles were in high demand in Ukraine. Since February, the U.S. has shipped approximately 1,400 Stingers to Ukraine, the report speified.…

The escalating geopolitical tensions around the Russia-Ukraine war, replete with threats of the use of nuclear weapons, have been motivating several countries to improve their defense infrastructure. So, we think prominent aerospace and defense stocks Aerojet Rocketdyne (AJRD) and Raytheon Technologies (RTX) are well-positioned to capitalize on the rising demand…

Industrial production and capacity utilization have increased significantly in the first quarter of this year, as per the Federal Reserve’s recent report. Also, planned infrastructure spending is expected to boost industrial activities and create new opportunities in the industrial market. Given this backdrop, we think the shares of industrial stocks…

  Raytheon Technologies (NYSE:RTX) reported its Q1 earnings results on Tuesday, April 26, 2022 at 06:55 AM. Here's what investors need to know about the announcement.

Triumph Group Inc (NYSE:TGI) has secured a multi-year contract from Raytheon Intelligence & Space, a Raytheon Technologies Corp (NYSE:RTX) business, to deliver air inlet and exhaust electro-mechanical door actuators and an advanced electronic control system for the Next Generation Jammer Mid-Band (NGJ-MB) pod. Financial terms were not disclosed. The contract covers LRIP lots I…

Raytheon Technologies Corp (NYSE:RTX) coverage was initiated with an Outperform and a price target of $125 (an upside of 24.5%) by RBC Capital analyst Ken Herbert. The analyst believes that at 65% Defense and 35% Aero, RTX is setting a new standard for end-market exposure that will benefit from stronger defense fundamentals and the commercial…