RTX
NYSE · Aerospace & Defense
Rtx Corp
$194.00
+0.46 (+0.24%)
RTX News30 articles
Lockheed Martin Slips Despite Saudi F-35 Approval
Lockheed Martin shares fell 0.9% despite U.S. approval for a possible $24.3B F-35 sale to Saudi Arabia. The approval is not an order, so no revenue or backlog impact yet.
US Redirects $52M Military Aid to Latin America, Signaling Policy Shift
Washington redirects $52M in military aid to Latin America, a policy signal with limited near-term earnings impact for defense contractors like Lockheed Martin and RTX.
CBO: Iran Conflict Costs $38B, Inflation and Rates Rise
CBO estimates $38B in Iran combat costs, with $2-3B monthly tail. Inflation and Treasury rates rise. Defense stocks LMT, RTX see modest gains.
Howmet Plunges 11% as GE's $11.75B CPP Buy Reshapes Supplier Dynamics
Howmet shares dropped 10.7% after GE's $11.75B CPP deal. The acquisition could alter supplier bargaining power, but Howmet's technology and financials stay robust.
Boeing's $5.6B Slide Reflects Persistent Trust Deficit
Boeing's stock dropped 3.2%, erasing $5.6B in market cap, as a Netflix documentary reignited safety concerns and sector-wide declines pressured shares.
Airbus Faces Steep Climb as A320 Delivery Targets Spark Investor Caution
Airbus shares slipped 0.8% as the market scrutinized the company's aggressive A320 production ramp, which demands a 48% jump in H2 deliveries. Strong backlog supports pricing power, but execution risks remain.
RTX Lands $22.9B Tomahawk Deal, But Scaling Output Poses Challenge
RTX's $22.9B Tomahawk contract boosts backlog but requires a 17x production increase, raising margin concerns. Stock barely moved as investors weigh long-term execution.
Rheinmetall Rallies on NATO Drone Interception, Air Defense Backlog Swells
Rheinmetall (RHM) rose 1.7% after a NATO jet shot down a drone over Romania, underscoring demand for air-defense systems. The company's backlog stands at €3.1B.
RTX Nears Record High as Defense Orders Surge, Cash Flow Concerns Loom
RTX stock closes near 52-week high as defense backlog grows, yet its free cash flow yield trails Lockheed and Northrop, raising questions about execution.
Lockheed Martin Lags Market as Missile Orders Await Production
Lockheed Martin's stock rose just 0.9% last week, lagging the S&P 500's 3.6% gain, even as the company secured a $58.6B missile contract and posted record backlog. Analysts are cautiously optimistic.
Lockheed Martin Lags as Missile Demand Outpaces Production Capacity
Lockheed Martin (LMT) shares gained just 0.9% last week, lagging the S&P 500's 3.6% rise, as missile demand surges but production capacity remains constrained.
Honeywell Aerospace Stock Plunges 21% on Weak Guidance, Aftermarket Lag
Honeywell Aerospace shares fell 20.8% after the company slashed its 2026 organic sales growth forecast and reported aftermarket growth far below peers GE and RTX.
Honeywell Aerospace Cuts 2026 Outlook After Engine Segment Drags Earnings
Honeywell Aerospace shares tumbled 10% after the company slashed its 2026 outlook, citing a sharp drop in engine segment profits. The revised guidance missed analyst estimates.
Boeing Soars on MAX 7 Certification, MAX 10 Momentum
Boeing (BA) shares jumped 7.6% after FAA certification of the 737 MAX 7, lifting prospects for the larger MAX 10. The move added ~$12.9B in market value.
L3Harris Shares Plunge $4.8B as Missile Unit IPO Delayed
L3Harris shares dropped 7.7% this week after a delayed missile IPO wiped out $4.8B in market value, despite strong Q2 earnings and record backlog.
Lockheed Martin Surges 10.5% on Raised Free Cash Flow Outlook and Record Backlog
Lockheed Martin (LMT) shares surged 10.5% after raising its 2026 free cash flow midpoint by $450 million, driven by a $450 million reduction in capital spending. Backlog hit a record $230.4 billion.
RTX Stock Jumps as 2026 Profit Forecast Outpaces Revenue Growth
RTX shares surged 5.6% in premarket trading after the company raised its 2026 earnings guidance by 5.5%, outpacing a 2.7% increase in its sales outlook.
Trump Defense Orders Highlight MP Materials' Rare-Earth Readiness Gap
New U.S. defense directives from Donald Trump highlight MP Materials' lag in rare-earth preparedness versus competitors. MP gained 1.0% while USA Rare Earth and Critical Metals declined.
Air Force Base Defense Plan May Split Spending Across Multiple Systems
The U.S. Air Force is exploring a modular base-defense approach that could spread spending across launchers, sensors, missiles, and command systems, reducing reliance on a single supplier.
Kalshi's Flight Cancellation Contracts Hit Data Snag
Kalshi's flight-cancellation contracts face a settlement data gap as FlightAware rejects use and BTS data lags, limiting their value as a risk signal.
GE Aerospace's $368B Valuation Faces a 2.2% Cash Flow Reality Check
GE Aerospace (NYSE:GE) shares fell 1.7% to $353.12, valuing the company at $368.4 billion. The stock trades at 44-46x guided free cash flow, implying a cash yield of just 2.2%.
RTX Wins £2B UK Army Training Contract; Revenue Lift Seen as Modest
RTX (NYSE:RTX) shares ticked up 0.37% to $195.93 after Raytheon UK won a £2 billion contract to train the British Army. The 15-year deal, shared among five firms, may add roughly $178.7 million per year, a modest 0.19% of 2026 adjusted sales.
Lockheed Martin Slips 4% Despite $847M Laser Contract
Lockheed Martin shares closed at $523.22, down 4.2% for the week, despite securing an $847 million laser contract. The company also announced a $3.45 billion deal to acquire Ultra Maritime.
Lockheed Martin Acquires Ultra Maritime in $3.45B Bet on Undersea Growth
Lockheed Martin (LMT) acquires Ultra Maritime for $3.45 billion, boosting its undersea warfare portfolio. The bolt-on deal, about 2.8% of LMT's market value, targets growth as RMS unit sales stagnate.
Boeing Stock Surges in Holiday Week, Nearing 2026 Gains
Boeing (BA) gained 3.62% on July 2, closing at $226.49, as the stock captured nearly all of its 2026 gains in a shortened holiday week. The defense sector rally lifted shares, but delivery challenges remain.
MDA Space Rises on TSX as NYSE Observes Independence Day
MDA Space shares rose 1.9% on the TSX to C$58.82, with NYSE trading paused for the U.S. holiday. The gain added C$151 million in equity value.
Palantir's AI Control-Layer Bet Drives Stock Surge Ahead of Holiday
Palantir shares jumped 14.5% in a week to $129.30, driven by an analyst upgrade and AI defense strategy. A $175 target implies a $117.5 billion value gain.
Honeywell Aerospace Holds Steady After S&P 500 Debut, Cash Flow Goals in Focus
Honeywell Aerospace shares edged up after joining the S&P 500, as the market weighs its ambitious free cash flow goals and supply chain outlook.
Honeywell Aerospace Debuts as $72B Spin-Off, Data-Center Doubts Loom
Honeywell Aerospace started trading as a $72 billion spin-off, joining the S&P 500 and S&P 100 on day one, as data-center demand uncertainty weighs on the sector.
MDA Space Jumps on $620M Blue Canyon Buy to Boost US Defense Access
MDA Space shares gained 4.4% in Toronto after it agreed to buy Blue Canyon Technologies from RTX's Raytheon for $620M cash, aiming to expand into U.S. defense-space work.