RTX
NYSE · Aerospace & Defense
Rtx Corp
$181.83
-3.77 (-2.03%)
RTX News30 articles
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.
Defense Stocks Slide as U.S.-Iran Deal Eases Geopolitical Risk
Lockheed Martin shares dropped 4.1% as defense stocks underperformed a rising market amid a U.S.-Iran interim deal that reduced geopolitical risk, with sector peers also declining.
Amazon Leo, AST SpaceMobile, and China Launches: June 2026 Space and Satellite News
Arianespace's Ariane 6 launched 36 Amazon Leo satellites, AST SpaceMobile deployed three direct-to-phone satellites, and China launched Shijian-31, highlighting the competitive satellite broadband landscape.
RTX Rises on Analyst Upgrade Amid Broad Market Selloff
RTX Corp. shares rose 0.88% Friday on a Jefferies upgrade, while the S&P 500 plunged 2.64% on rate fears. The company's $271 billion backlog and dividend increase offer support.
Virgin Galactic Surges on RichRich Stake and Delta Update
Virgin Galactic shares surged nearly 28% after RichRich Capital disclosed a 5.26% stake and management reaffirmed Q3 flight tests and Q4 commercial launches.
SpaceX IPO on Horizon: Assessing Investment Risks and Rewards
SpaceX's June IPO is imminent, but a $5B net loss and lofty valuation temper enthusiasm. Analysts weigh growth against risks.
DJIA at 130: Nvidia, Visa, P&G Lead Dividend Growth Amid Bond Market Jitters
The DJIA turns 130 as Nvidia, Visa, and P&G are highlighted for dividend growth. Bond yields surge on inflation fears, raising stock market concerns.
Lockheed Martin Expands THAAD Production in Alabama Amid Rising Demand
Lockheed Martin has started construction on a major THAAD interceptor plant in Alabama, aiming to increase output from 96 to 400 units per year amid surging Pentagon demand.
Lockheed Martin Surges on Alabama Missile Plant Groundbreaking
Lockheed Martin shares gained 2% Friday to $533.24, outpacing peers, following the groundbreaking of a new missile plant in Alabama. The stock is still 23% below its 52-week high.
GE Aerospace Rises on Trump China Deal Hints, But Details Scarce
GE Aerospace shares rose Monday following Trump's comments on a potential China jet order, but the absence of concrete details leaves investors wary.
Rocket Lab Shares Surge to All-Time High as Neutron Rocket Nears Critical Milestones
Rocket Lab shares closed at a record high after Q1 revenue jumped 63.5% to $200.3M, fueled by Neutron rocket orders and defense contracts. The stock has rallied over 40% in two sessions.
Spirit Airlines Grounding Offers Temporary Relief for Pratt & Whitney Engine Shortage
Spirit Airlines' grounded A320neo fleet is releasing Pratt & Whitney GTF engines into a tight spare market, offering temporary relief for airlines. However, lease rates remain high and delays persist.
Lockheed Martin Secures $407M Aegis Upgrade for Guam Amid Pacific Defense Surge
Lockheed Martin secures a $407.2M Pentagon contract modification to advance Aegis missile defense for Guam, bringing total project value to about $1.94B. Work runs through December 2029.
Howmet Aerospace Surges on Strong Q1 Results, Lifts 2026 Outlook
Howmet Aerospace reported strong Q1 results, beating estimates and raising its 2026 outlook amid robust demand from commercial aerospace and defense.
Firefly Aerospace Shares Surge on Record Revenue and Space Force Contract
Firefly Aerospace shares surged 10% after-hours after reporting record Q1 revenue of $80.9M and securing a Space Force contract for the Space-Based Interceptor program.
RTX Lands Major Defense Contracts as U.S. Accelerates $8.6B Middle East Arms Sales
RTX Corp. was named principal contractor in U.S.-approved $8.6B Middle East arms sales and received $1.27B in new U.S. missile contracts, fueling defense backlog growth.
RTX Downgraded to Hold After 11% Drop Despite Strong Earnings
RTX stock was downgraded to hold by Erste Group after an 11% drop, despite strong Q1 earnings and a raised 2026 outlook. Tariff costs and valuation concerns continue to pressure shares.
Boeing Posts Narrower Q1 Loss, But Cash Burn Remains a Concern
Boeing narrowed its Q1 net loss to $7M, revenue rose 14% to $22.2B, but free cash flow was negative $1.5B. The company delivered 143 jets, beating Airbus, and holds a record $695B backlog.
Lockheed Martin Q1 Earnings Miss as F-16 and C-130 Delays Hit Margins
Lockheed Martin's first-quarter earnings missed estimates as delays in F-16 and C-130 programs squeezed margins, sending shares down 2.8% premarket.
GE Aerospace Stock Drops on Steady Guidance Despite Strong Q1 Results
GE Aerospace stock declined 4% on Wednesday despite reporting better-than-expected Q1 earnings and a massive $210 billion backlog, as management kept its full-year forecast unchanged amid airline industry headwinds.
RTX Lifts 2026 Forecast on Defense and Aftermarket Strength, Shares Retreat
RTX has increased its financial guidance for 2026 following robust first-quarter results, fueled by missile programs and jet engine maintenance. Despite the upgrade, the company's shares fell for a second consecutive day.
Rocket Lab Gains on Analyst Upgrades and Defense Budget Focus
Rocket Lab shares advanced Tuesday following analyst price target increases and details of Pentagon space defense spending in the 2027 budget request. The company recently closed a key acquisition and holds a backlog exceeding $2 billion.
Palantir Shares in Focus as Pentagon Budget Looms, AI Defense Contracts in Play
Palantir Technologies shares are under scrutiny ahead of the Pentagon's fiscal 2027 budget details, with investors eyeing potential gains from a massive defense request and key AI system adoption.
Nasdaq Futures Edge Higher Amid AI Deals, Leadership Shifts
U.S. stock futures advanced Tuesday, led by tech, as investors balanced AI sector momentum against geopolitical concerns and awaited key economic data.
Oil Surge, Strait Disruption Rattle Markets Ahead of Earnings
U.S. equity futures declined and oil prices surged after a U.S. seizure of an Iranian vessel disrupted shipping in the Strait of Hormuz, reviving inflation concerns as a heavy earnings week begins.
Palantir Gains on Defense AI Prospects Amid Golden Dome Speculation
Palantir shares advanced 2.8% in early trading Wednesday following a Reuters report that the company is collaborating on software for the Trump administration's Golden Dome missile defense system. The move comes days after the Pentagon designated Palantir's Maven Smart System as a program of record.
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%.
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.
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.
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.