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US Defense Secretary seeks $67B, citing $37.5B in Iran war costs
Defense Secretary Pete Hegseth told the Senate Appropriations Committee that the war with Iran has cost $37.5 billion to date. The administration is requesting...
RTX Corporation Q2 2026 Earnings Preview: What Analysts Expect on July 23, 2026
For the second quarter of 2026, consensus estimates place RTX Corporation revenue at $20.20 billion and EPS at $1.66, with the current stock price of $125.40...
RTX Secures Record BOC Aviation Order for 220 GTF Engines
RTX’s Pratt & Whitney division secured an order from BOC Aviation for up to 220 GTF engines at the Farnborough International Airshow. This agreement represents...
RTX Secures $1.8 Billion Navy Radar Deal With $3.3 Billion Upside
RTX's Raytheon business secured a $1.8 billion contract extension from the U.S. Navy. The agreement covers hardware production and sustainment for the SPY-6...
RTX's Pratt & Whitney Successfully Tests 3D-Printed Jet Engine
RTX's Pratt & Whitney successfully demonstrated its TJ150 engine at the Farnborough International Airshow. Nearly 60% of the engine's volume used additive...
RTX Subsidiary Pratt & Whitney Canada Secures ~$1B US Military Engine Contract
RTX's Pratt & Whitney Canada secured a nine-year contract. The deal is valued at approximately $1 billion. It covers engine overhauls for the U.S. military's...
RTX Wins British Airways Engine Deal, Replacing Rival CFM
RTX’s Pratt & Whitney division will power up to 63 British Airways Airbus A320neo aircraft with its GTF engines. The agreement, announced at the Farnborough...
US to Grant Ukraine License for Patriot Interceptor Production, Trump Announces
The U.S. will grant Ukraine a license to manufacture Patriot missile interceptors, former President Donald Trump announced during a NATO summit. The decision...
RTX Secures £2 Billion UK Army Deal, Modernizing Training With AI
RTX’s Raytheon UK business leads the Omnia Training consortium in securing a £2 billion ($2.68 billion) contract from the UK Ministry of Defence. This 15-year...
RTX Expands AMRAAM and Stinger Production, Strengthening NATO Air Defenses
RTX’s Raytheon division is expanding European production for Stinger missiles through a partnership with Diehl Defence. This collaboration aims to double...
RTX Secures $1.1 Billion Navy Contract for Sidewinder Missiles, Ramping Production
Raytheon, an RTX business, secured a $1.1 billion U.S. Navy contract for AIM-9X Block II Sidewinder missiles. The agreement covers the production of...
RTX Summoned to White House Amid Concerns Over Munitions Stockpiles
President Trump is set to meet with CEOs of major U.S. defense firms, including RTX, on Wednesday to address dwindling national munitions stockpiles. The White...
RTX to Sell Satellite Unit Blue Canyon to MDA Space for $620 Million
RTX will sell its satellite manufacturing subsidiary, Blue Canyon Technologies, to Canadian firm MDA Space. The all-cash deal is valued at $620 million. Blue...
🟢 RTX Corporation is trading 3% up today on bargain-hunting and sector rotation
RTX Corporation is trading 3% higher at $192.40 as the stock rebounds from recent pressure linked to shifting Pentagon priorities. • The recovery follows a...
RTX pressured as Pentagon pivots to low-cost missiles, citing critical shortages
The Pentagon announced a critical shortage of expensive missiles on June 15, 2026. The U.S. military is initiating a strategic shift toward developing cheaper...
🟢 RTX Corporation is trading 3.1% up today amid a broad market rebound
RTX Corporation is trading 3.1% up at $182.82 as it tracks a strong bounce in major U.S. indices following recent macro and geopolitical volatility. • The...
RTX invests $100M to expand Rhode Island plant, meeting global missile demand
RTX is investing $100 million to expand its defense facility in Portsmouth, Rhode Island. The project is expected to create 150 high-tech jobs in the...
RTX Rides a $50 Billion Missile Restocking Wave, but Can Its Factories Keep Up With the Pentagon's Demands?
Shares of RTX Corporation surged 4.1% to $179.63 on June 4, sharply outpacing flat U.S. indices, as renewed attention on the Pentagon's ballooning Iran war...
🟢 RTX Corporation is trading 4.1% up today after Jefferies upgrades stock to Buy
RTX Corporation is trading 4.1% higher at $179.63 after a significant analyst upgrade and continued investor interest in the defense sector. • Jefferies...
RTX eyes $50 billion windfall, restocking Tomahawk and Patriot missiles
The Pentagon faces up to $50 billion in costs following a tentative ceasefire in the Iran conflict. These funds are designated for replenishing munitions and...