RTX Corporation: Commercial/ Defense Aerospace Spending Remains Robust, Maintain Buy
Despite RTX's outperformance compared to the wider market, the stock continues to offer compelling upside potential and dividend investment thesis here. Its growing backlog across commercial and defense aerospace markets also offers great insights into its long-term top/ bottom lines, further aided by the management's cost reduction initiatives. RTX's powdered metal remediation is already underway, with the management reporting peak AOG by FQ1'24 and things to moderate through 2026, naturally resulting in reduced penalty charges.
RTX Secures a $302M Contract to Support F135 Propulsion Systems
RTX is set to procure long-lead time materials as well as the manufacture, assembly, inspection, acceptance and delivery of 108 conventional takeoff and landing F135 propulsion systems.
RTX Secures a $381M Contract to Support F135 Engine Program
RTX is set to provide F135 propulsion system annual sustainment. It will also offer depot-level maintenance and repair for all fielded propulsion systems at F-35 production sites.
RTX Corp.: New All-Time High Validates My Bullish Thesis
RTX stock surged to a new high, validating my bullish thesis. The robust Q1 release in April justified RTX stock's bottom in late 2023. RTX's business segments are expected to remain robust, but growth normalization is anticipated in FY2024.
RTX (RTX) Suffers a Larger Drop Than the General Market: Key Insights
In the most recent trading session, RTX (RTX) closed at $104.57, indicating a -0.9% shift from the previous trading day.
Where Will RTX Be in 3 Years?
RTX's commercial aerospace businesses look set for good long-term growth. The defense businesses have struggled with margins in recent years, and a structural problem could be at play here.
RTX: Defense Play With Commercial Growth Engine, A Cautious Buy
RTX is a fundamentally defensive play in the current market environment, with strong commercial operations and exposure to growing defense spending in Europe. The outlook for defense-related stocks remains bullish, particularly in Europe where many NATO countries are increasing defense spending. RTX is experiencing strong growth in its commercial and defense divisions, with solid organic sales growth and a record order backlog. Margin expansion is expected in the future.
RTX Secures a Navy Contract Involving AIM-9X Block II Missile
RTX's AIM-9X Block II missile features a redesigned fuse and a digital ignition safety device that enhances ground handling and in-flight safety.
Rtx Corp. stock breaks all-time high: Should you buy?
RTX Corporation (NYSE:RTX) has been on an impressive upward trajectory recently, with its stock price breaking above its previous all-time high of $106.02 set in April 2022. This breakout comes on the back of strong financial performance and positive market sentiment, pushing the stock to new heights.
RTX Secures a $227M Contract to Support AIM-9X Missile Program
RTX is set to provide depot-level repairs and other related services to support AIM-9X and AIM-9X Block II missile sustainment efforts.
RTX (RTX) Up 5.2% Since Last Earnings Report: Can It Continue?
RTX (RTX) reported earnings 30 days ago. What's next for the stock?
3 Things You Need to Know if You Buy RTX Today
Inspections on its GTF jet engines are progressing as planned and helping de-risk the stock. Raytheon, its defense-focused business, might have turned the corner on margins.
