The Latest Breaking News from RTX

The rising geopolitical tensions in eastern Europe have led to increased defense spending in the United States. Moreover, with new members joining NATO, American defense contractors are expected to benefit. Hence, prominent defense stocks Lockheed Martin (LMT), Northrop Grumman (NOC), Boeing (BA), and Raytheon (RTX) might be the ones to…

While high commodity prices and supply chain disruptions are troubling the industrial sector lately, strong demand for industrial goods and favorable government policies to boost domestic production should help it stay afloat. This, along with impressive dividend-payout histories, makes industrial stocks Raytheon Technologies (RTX), ABB (ABB), United Parcel Service (UPS),…

  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…

The Russia-Ukraine crisis has boosted the prospects of the defense industry, helping it outperform the broader market. The increase in geopolitical tension has pushed many nations to enhance their defense budget, which should drive the defense industry’s growth. Fundamentally strong defense companies Raytheon (RTX), Northrop Grumman (NOC), and General Dynamics…

Reuters reported that European governments approached the U.S. government and defense contractors with a shopping list of arms, including drones, missiles, and missile defenses, as the Russian invasion of Ukraine drives renewed demand for U.S. weaponry. Germany, along with its potential deal for 35 Lockheed Martin Corp (NYSE:LMT) F-35 jet fighters, has inquired…

Someone with a lot of money to spend has taken a bearish 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.

Geopolitical tensions have escalated over the past few months over the potential Russian invasion of Ukraine and the long-standing U.S.-China conflict over Taiwan’s independence. The current geopolitical situation should bode well for prominent aerospace and defense names Raytheon Technologies (RTX), Lockheed Martin (LMT), and L3Harris (LHX) because of the potential…