Engine upgrade option derived from GTF Advantage technology will nearly double time on wing PARIS , June 16, 2025 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, is introducing Hot Section Plus (HS+), an upgrade option for the PW1100G-JM engine that powers the Airbus A320neo aircraft family. Derived from the Pratt & Whitney GTF Advantageâ„¢ engine, which will offer twice the time on wing of today's Pratt & Whitney GTFâ„¢ engine, HS+ will provide 90 to 95% of the GTF Advantage's durability benefits.
New York, June 15, 2025 (GLOBE NEWSWIRE) -- Surprises are common in the crypto sphere but an unprecedented 1,000% surge in XRP Ledger's payment volume hits different. It speaks of marvelous things to come. That's why investors are scrambling to position themselves for maximum ROI when the XRP price booms.
Israel's attack on Iran is moving several assets early Friday, including defense stocks.
In the latest trading session, RTX (RTX) closed at $141.81, marking a +2.38% move from the previous day.
Company opens new engineering center of excellence in the UK and an aerostructures production line in France PARIS , June 9, 2025 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, expanded its aircraft electrification capabilities with the introduction of a new engineering center of excellence in Wolverhampton, UK, and a new electric thrust reverser actuation systems (elecTRASâ„¢) production line in Colomiers, France. The Wolverhampton center focuses on developing next-generation electric thrust reverser actuation systems for commercial aircraft, featuring state-of-the-art design and test capabilities, and the Colomiers facility will handle the final assembly of these advanced electric systems, enhancing production efficiency and capacity.
Production continues for U.S. Navy's most advanced maritime radar ANDOVER, Mass. , June 9, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, was awarded a $646 million contract to continue producing AN/SPY-6(V) radars for the U.S. Navy.
RTX lands multi-million-dollar defense contracts and rides on commercial travel demand, but supply woes and valuation raise caution.
GREENWICH, Conn., June 06, 2025 (GLOBE NEWSWIRE) -- Leverage Shares by Themes, an issuer of innovative exchange-traded products, is excited to announce the launch of a first-to-market new single stock leveraged ETF, available for trading starting June 6, 2025. This product is designed to equip investors to amplify returns (up and down) and dynamically participate in the performance of a leading company. The new ETF is tailored to target a 200% exposure to the daily performance of its underlying stock, RTX Corporation (RTX), offering sophisticated traders and the retail investor an efficient tool to capitalize on market movements at an industry low management fee for single stock leveraged ETFs at .75%.
RTX's $1.10B contract win boosts AIM-9X missile production for U.S. forces and foreign allies through 2028.
Raytheon advances NGSRI development with continued testing TUCSON, Ariz. , June 5, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, and Northrop Grumman (NYSE: NOC) announced four successful tests of flight-ready Highly Loaded Grain (HLG) solid rocket motors for the U.S. Army's Next-Generation Short-Range Interceptor (NGSRI).
Award represents largest production contract to date TUCSON, Ariz. , June 4, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, was awarded a $1.1 billion contract from the U.S. Navy to produce AIM-9X Block II missiles.
RTX wins major missile contracts, boosting Raytheon's momentum as global defense demand continues to rise.