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As of Mar 24, 9:30 PM ET ·
RTX News29 articles
Institutions Boost GE Aerospace Holdings Amid Strong Results
Two investment firms raised their positions in GE Aerospace last quarter, as the company reported robust financial performance and detailed expansion plans. Institutional ownership remains elevated near 75%.
Markets
BAE Systems Shares Dip Amid European Defense Sector Sell-Off
BAE Systems' stock declined alongside a broader drop in European defense shares after Rheinmetall's sales forecast disappointed. The company reported a record order backlog and continues its share repurchase program.
Markets
Palantir Gains on Pentagon AI Shake-Up, Maven Contracts in Focus
Palantir shares climbed 4% to $153.19 in extended trading following a Pentagon directive to remove Anthropic's AI from defense platforms, affecting key Maven contracts. Federal agencies are shifting to OpenAI and Google alternatives.
Technology
GE Aerospace Slumps 3% Amid Oil Spike, Defying Analyst Target Hike
GE Aerospace stock dropped 3.2% to $334.51 Tuesday, underperforming the industrial sector as a sharp rise in oil prices fueled inflation fears and a broad market sell-off, despite Bernstein lifting its price target.
Markets
RTX Shares Retreat as Defense Rally Fades Amid Middle East Tensions
RTX shares declined 2.7% on Tuesday, giving back some of Monday's 4.7% surge as the defense sector pulled back. The iShares U.S. Aerospace & Defense ETF underperformed the broader market.
Markets
Defense Stocks Surge on Geopolitical Tensions; RTX Leads Gains
RTX Corp. surged 4.4% to $211.51 on Monday, leading a defense sector rally driven by escalating Middle East tensions. Broader market indexes declined as investors shifted toward safe-haven assets.
Markets
Defense Stocks Surge on Geopolitical Tensions; RTX Leads Gains
RTX Corp. surged 4.4% to $211.51 Monday, leading a defense sector rally fueled by Middle East tensions. Broader indexes declined as oil and gold prices advanced.
Markets
Defense Stocks Rally Amid Middle East Tensions; Oil Surges Over 8%
Defense contractors gained ground Monday as escalating Middle East conflicts drove investors toward perceived safety. Lockheed Martin rose 3%, while broader markets declined and crude oil jumped more than 8%.
Markets
Defense Stocks Rally Amid Middle East Tensions, Oil Surges
Defense contractors advanced Monday as escalating Middle East conflict drove investors toward perceived safety. Lockheed Martin rose 3%, while oil prices spiked over 8%.
Markets
Defense Stocks Rally on Middle East Tensions, AeroVironment Leads Gains
AeroVironment shares jumped more than 12% in premarket trading Monday, leading a defense sector rally following military escalation in the Middle East. The company recently secured a $186 million Army order for its Switchblade drones.
Markets
Defense Stocks Rally on Geopolitical Tensions as AeroVironment Leads Gains
AeroVironment shares jumped more than 12% ahead of the bell as Middle East tensions fueled a flight into defense stocks. The drone maker recently secured a $186 million Army order and reports quarterly results next week.
Markets
Defense Stocks Surge as Middle East Strikes Fuel Risk-Off Trade
RTX Corp rallied 6.6% to $215.80 in early Monday trading as geopolitical tensions following strikes on Iran drove capital into defense stocks. The move contrasted with a broader market decline and a sharp spike in oil prices.
Markets
RTX Leads Defense Rally as Middle East Strikes Fuel Risk-Off Trade
RTX shares jumped 6.6% to $215.80 in premarket action Monday, defying a broader market decline after military actions in the Middle East triggered a flight to defense and energy assets.
Markets
GE Aerospace Nears Record High Amid Persistent Supply Chain Concerns
GE Aerospace shares gained 0.4% to $342.26, hovering near recent peaks, while supply chain constraints at major aerospace manufacturers continue to pose risks to jet delivery schedules.
Markets
Defense Stocks in Focus After Iran Strikes; Oil, Supply Chains Weigh
U.S. defense equities advanced Friday following military action against Iran, with RTX, Lockheed Martin, and Northrop Grumman posting gains. Oil prices rose amid regional tensions.
Markets
General Dynamics in Focus as Middle East Strikes Rattle Markets
General Dynamics shares are in focus as markets reopen following military strikes in the Middle East, with analysts debating whether defense stocks can sustain any rally amid broader market uncertainty.
Markets
Lockheed Martin in Focus as Middle East Strikes Rattle Markets
Lockheed Martin shares gained 2.56% to $658.26 on Friday, preceding weekend military strikes on Iran. The escalation places defense stocks and oil markets in focus for Monday's session.
Markets
Northrop Grumman in Focus as Markets Reopen After Iran-Israel Strikes
Northrop Grumman shares gained 1.9% on Friday ahead of U.S.-Israeli strikes on Iran. Markets reopen Monday with investors assessing geopolitical risk and defense sector implications.
Markets
GE Aerospace Navigates Oil Spike, Supply Chain Strains After Middle East Strikes
GE Aerospace stock edged higher Friday despite broader market declines, as U.S.-Israeli strikes on Iran roiled oil markets and supply chains. The aerospace giant faces a complex landscape of rising defense demand and potential airline sector pressure.
Markets
GE Aerospace Gains on Morgan Stanley Initiation, American Airlines Engine Deal
GE Aerospace shares advanced Friday following a bullish initiation by Morgan Stanley and news that American Airlines extended its engine service pact for future Airbus A321neo jets.
Markets
Defense Stocks Rally Ahead of Holiday; AST SpaceMobile Unveils $1B Financing
U.S. defense and space equities advanced Friday, led by Lockheed Martin and Huntington Ingalls, while AST SpaceMobile announced a major $1 billion financing initiative. Markets are closed Monday for the Presidents Day holiday.
Markets
Industrial Stocks Rally on Softer Inflation Data
U.S. industrial stocks rose Friday after a cooler-than-expected inflation report eased interest rate concerns. The Industrial Select Sector SPDR Fund (XLI) climbed 0.8%.
Markets
Northrop Grumman Shares Extend Decline Amid Poland Shell Deal, CEO Stock Sale
Northrop Grumman stock fell 0.6% to $680.68, continuing a three-day slide. Investors are weighing a framework artillery shell agreement with Poland and a CEO share sale filing.
Markets
Lockheed Martin Shares Hold Steady Amid Pentagon Contractor Review
Lockheed Martin shares traded near $630 as the Pentagon initiates an extended review of major defense contractors, potentially impacting shareholder returns. CEO and CFO are scheduled to speak at a Citi conference next week.
Regulation
GE Aerospace Shares Dip on Saudi Defense Deal, Unveils $300M Singapore Expansion
GE Aerospace stock declined 0.8% following a new industrial pact with Saudi Arabia to enhance fighter engine repair capabilities. The company also detailed a $300 million investment plan in Singapore.
Markets
Boeing Shares Gain Amid Dow Milestone, Pentagon Review Looms
Boeing stock rose 2.6% as the Dow closed above 50,000 for the first time. Investors await a Pentagon list of underperforming defense contractors that could restrict shareholder payouts.
Markets
RTX Dividend Approved Amid Pentagon Scrutiny on Contractor Payouts
RTX declared a $0.68 quarterly dividend payable March 19, while investors monitor a pending Pentagon list that could restrict dividends and buybacks for underperforming defense contractors under a Trump executive order.
Regulation
GE Aerospace Surges on Dividend Boost Amid Supply Chain and Engine Scrutiny
GE Aerospace shares climbed nearly 5% to $321 after announcing a 31% dividend increase to $0.47 per share, while facing supply chain pressures and a potential engine durability review.
Markets
RTX Dividend Maintained Amid Pentagon Scrutiny on Defense Contractor Payouts
RTX affirmed its quarterly dividend while defense contractors await a Pentagon list that could restrict shareholder returns. The company's Raytheon unit has been flagged for responsiveness concerns.
Regulation