RTX Corp (RTX)
Market Cap | 134.32B |
Revenue (ttm) | 71.01B |
Net Income (ttm) | 3.48B |
Shares Out | 1.33B |
EPS (ttm) | 2.52 |
PE Ratio | 40.09 |
Forward PE | 18.53 |
Dividend | $2.36 (2.34%) |
Ex-Dividend Date | Feb 22, 2024 |
Volume | 7,720,440 |
Open | 101.72 |
Previous Close | 101.38 |
Day's Range | 100.01 - 101.89 |
52-Week Range | 68.56 - 103.89 |
Beta | 0.60 |
Analysts | Hold |
Price Target | 100.36 (-0.65%) |
Earnings Date | Apr 23, 2024 |
About RTX
RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers in the United States and internationally. It operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations. This segm... [Read more]
Financial Performance
In 2023, RTX Corp's revenue was $68.92 billion, an increase of 2.75% compared to the previous year's $67.07 billion. Earnings were $3.20 billion, a decrease of -38.52%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for RTX stock is "Hold." The 12-month stock price forecast is $100.36, which is a decrease of -0.65% from the latest price.
News
RTX breaks ground on $115 million expansion of Alabama missile integration facility
Expansion will support key missile programs including Glide Phase Interceptor HUNTSVILLE, Ala. , April 23, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, recently broke ground on a $115 m...
RTX Q1 earnings beat Street estimates
RTX Corp (NYSE: RTX) is trading down in premarket on Tuesday even though it came in ahead of Street estimates for its first financial quarter. Why is RTX stock down on Tuesday?
RTX profit jumps 20% on aviation strength, military demand
Aerospace and defense major RTX on Tuesday reported a 20% jump in its first-quarter profit, helped by robust commercial aftermarket business and military equipment demand.
RTX Reports Q1 2024 Results
RTX delivers strong 12% sales growth; Q1 book-to-bill of 1.34 with an RTX record backlog of $202B; Reaffirms full year outlook ARLINGTON, Va. , April 23, 2024 /PRNewswire/ -- RTX (NYSE: RTX) reporte...
RTX signs its largest renewable electricity deal to date
Agreement with ENGIE will power 12 RTX sites in Texas ARLINGTON, Va. , April 18, 2024 /PRNewswire/ -- RTX (NYSE: RTX) announced an agreement with a subsidiary of ENGIE North America (ENGIE) that will ...
Defense stocks rally after Iran attacks Israel
CNBC's Morgan Brennan reports on how tensions in the Middle East will impact defense stocks.
Lockheed Martin, RTX, BAE stocks in focus amid World War 3 risks
Companies in the military-industrial complex will be in the spotlight this week as geopolitical risks rise and as the US Congress prepares a vote on Biden's supplemental package for Israel, Taiwan, an...
RTX's Pratt & Whitney announces GTF MRO capacity expansion at West Palm Beach facility
Engine center's GTF capacity to increase 40% by 2025 CHICAGO , April 10, 2024 /PRNewswire/ -- (MRO Americas) Pratt & Whitney, an RTX (NYSE: RTX) business, today announced a $20 million investment to i...
RTX provides Blue Canyon satellite to help solve a crucial climate challenge
LAFAYETTE, Colo. , April 10, 2024 /PRNewswire/ -- Blue Canyon Technologies, RTX's (NYSE: RTX) small satellite manufacturer and mission services provider, announced the successful launch and initial co...
RTX's Pratt & Whitney announces North American Technology Accelerator
Second center of excellence to advance MRO technologies and performance CHICAGO , April 9, 2024 /PRNewswire/ -- (MRO Americas) Pratt & Whitney, an RTX (NYSE: RTX) business, today announced details of ...
RTX's Raytheon completes critical milestone for VIIRS program
Company completes thermal vacuum testing of the fourth sensor EL SEGUNDO, Calif. , April 8, 2024 /PRNewswire/ -- Raytheon, an RTX business (NYSE: RTX), has completed a major test milestone on its late...
RTX to release first quarter results on April 23, 2024
ARLINGTON, Va. , April 2, 2024 /PRNewswire/ -- RTX (NYSE: RTX) will issue its first quarter 2024 earnings Tuesday, April 23, prior to the stock market opening.
RTX's SM-6 intercepts ballistic missile target at sea
Test of enhanced software succeeds against sophisticated medium-range ballistic missile PACIFIC MISSILE RANGE FACILITY, Hawaii , March 29, 2024 /PRNewswire/ -- A Standard Missile-6 (SM-6) built by Ray...
Collins Aerospace and Luminace Partner with Common Energy to Support Community Solar Projects Across Portland
NEW YORK--(BUSINESS WIRE)--Collins Aerospace, an RTX (NYSE: RTX) business, and Common Energy, a leading community solar provider, today announced a partnership to support a portfolio of four new commu...
RTX's Pratt & Whitney receives full funding for F135 Engine Core Upgrade in FY 2024 Defense Appropriations bill
Program remains on track to enable Block 4 capabilities in 2029 EAST HARTFORD, Conn. , March 23, 2024 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, has received full funding in the rec...
RTX's Raytheon Lower Tier Air and Missile Defense Sensor detects and engages complex target
Live fire attended by military leaders from seven countries WHITE SANDS MISSILE RANGE, N.M., March 21, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, today announced that its Lower Tier A...
RTX's Raytheon awarded $1.2 billion contract to provide Patriot air and missile defense systems to Germany
Additional Patriots will enhance Germany's air defense and interoperability TUCSON, Ariz. , March 21, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, was awarded a $1.2 billion contract to...
RTX's Pratt & Whitney collaborates with FAA to study non-CO2 emissions under FAA ASCENT program
Tests will compare emissions from conventional Jet A and 100% SAF EAST HARTFORD, Conn. , March 21, 2024 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business and the Federal Aviation Administr...
RTX's Collins Aerospace introduces Venue™ smart monitor
New cabin management and in-flight entertainment solution enhances cabin experience, provides incremental growth paths DALLAS , March 19, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) bus...
IAE AG successfully tests V2500 engine on 100% Sustainable Aviation Fuel
Test demonstrates commitment to supporting greater use of SAF EAST HARTFORD, Conn. , March 18, 2024 /PRNewswire/ -- IAE International Aero Engines AG (IAE) announced it has successfully tested the V25...
Calls of the Day: Caterpillar, IBM, RTX and Chubb
The Investment Committee discuss the latest calls of the day.
RTX Stock Is a Buy. Its Jet Engine Problems Will Fade.
Wells Fargo analyst Matthew Akers upgrades RTX stock to Buy from Hold and boosts his price target to $120 a share from $100.
RTX's Collins Aerospace delivers first aircraft seats from Philippines facility
Meridian® main cabin seats will fly on an Airbus narrow body platform TANAUAN CITY, Philippines , March 13, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, recently delivered the ...
NPS Completes $17.5M Series B Funding for Software-Defined Radar Led by Cota Capital with Key Strategic Investment from GM Ventures and RTX Ventures
PLEASANTON, Calif. , March 7, 2024 /PRNewswire/ -- Neural Propulsion Systems (NPS) , a pioneer in software-defined radar, today announced it secured a $17.5 million Series B funding round.
RTX CEO Greg Hayes on U.S. defense spending, Ukraine war and AI impact on the battlefield
RTX CEO and chairman Greg Hayes joins 'Squawk Box' to discuss the state of U.S. defense funding and spending, President Biden's defense budget proposal, funding for Ukraine war, impact of AI on the ba...