The aerospace and defense company also raised full-year guidance and operating profit margins in its Pratt & Whitney jet engine division improved.
U.S. aerospace and defense company RTX raised its full-year profit forecast on Thursday, driven by a rebound in the broader commercial aviation sector.
Keep an eye on stocks such as RTX, Intrepid Potash (IPI) and DHT for superb earnings acceleration.
RTX's second-quarter results are likely to reflect solid sales performance from the majority of its business segments amid the impact of high interest expenses.
Lockheed kicks off defense reports Tuesday. RTX will supply engines for the largest jet order ever in the Philippines.
The British Army has carried out its first test of Raytheon's anti-drone laser weapon from a military vehicle, the company said on Monday, in the latest sign that drone warfare is a growing priority for Western armed forces.
RTX (RTX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
RTX, with its recent completion of engine core upgradation, is set to enhance the F135 engine's capability to offer improved propulsion for the Block 4 upgrade of F-35 aircraft.
The latest trading day saw RTX (RTX) settling at $101.62, representing a +0.34% change from its previous close.
RTX Corp's Pratt & Whitney said on Monday it has completed the preliminary design review for an engine upgrade to increase durability and performance in all three variants of the F-35 fighter jet.
RTX, with its recent contract win, is set to provide Patriot air and missile defense systems to Germany.
The NATO summit in Washington showcased a series of significant deals for top U.S. defense companies and others, including RTX , Lockheed Martin , Boeing , Norway's Kongsberg Defense and Sweden's SAAB.