RTX (RTX) concluded the recent trading session at $120.27, signifying a +1.79% move from its prior day's close.
RTX Corporation has shown strong returns with a 43% total return since December, driven by a robust backlog and solid growth in aerospace and defense sectors. The company benefits from a wide installed base, strong aftermarket services, and leadership in defense systems like the Patriot Missile system. RTX's 30-year dividend growth streak, solid balance sheet, and upwardly revised sales and earnings guidance enhance its appeal.
RTX (RTX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
In the most recent trading session, RTX (RTX) closed at $119.20, indicating a +0.07% shift from the previous trading day.
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RTX is set to provide Advanced Medium Range Air-to-Air Missile telemetry system, initial and field spares, and other production engineering support hardware and activities.
RTX Corporation (NYSE:RTX ) Morgan Stanley's 12th Annual Laguna Conference Call September 11, 2024 2:45 PM ET Company Participants Chris Calio - President & Chief Executive Officer Conference Call Participants Kristine Liwag - Morgan Stanley Kristine Liwag Great, everyone, let's get started. Hi, good morning.
RTX is open to pruning and pairing its existing businesses rather than pursuing "transformative" mergers and acquisitions, the aerospace giant's CEO said on Wednesday.
The head of aerospace and defense giant RTX said on Tuesday that global supply chains remain stretched in the wake of the COVID-19 pandemic and finding qualified labor for aerospace factories remains a "huge" challenge.
RTX is set to offer continued technical engineering, flight test support, special tooling and repair parts for the F-35 Lightning II Propulsion System Block Four Flight Test Program.
RTX's Pratt and Whitney division receives a $405 million contract modification to support the F-35 Joint Strike Fighter program.
Recently, Zacks.com users have been paying close attention to RTX (RTX). This makes it worthwhile to examine what the stock has in store.