This public company is a leading global aerospace and defense corporation, specializing in the design and manufacture of advanced technologies and systems for both military and commercial applications
It provides a broad range of services, including aircraft engines, missile systems, and various aerospace components, catering to governmental and industrial clients worldwide. The company is committed to innovation, focusing on developing cutting-edge solutions that enhance safety, efficiency, and performance in the aviation and defense sectors. Through its diverse portfolio, it plays a critical role in supporting national security and advancing the future of flight.
RTX’s 13.2% return over the past six months has outpaced the S&P 500 by 10.8%, and its stock price has climbed to $115.08 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
President-elect Donald Trump's cabinet picks are set to begin the confirmation process with several appearing before Senate committees this week. Former Fox News host Pete Segeth and former Georgia congressman Doug Collins are up first on Tuesday.
Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. The major indices experienced consecutive weekly losses, with the S&P 500 falling 1.9%, the Nasdaq Composite dropping 2.3%, and the Dow sliding nearly 1.9% this week.
Space industry accessible to investors thanks to technology and surge in commercial interest. ETFs like ARKX, ITA, XAR offer potential, but with risks.
Defense stocks ended 2024 in a downdraft, but Raytheon Technologies continues to close billions in deals on top of its $221 billion backlog. Buy the dip?
China's Ministry of Commerce implemented new trade controls on Thursday targeting U.S. defense contractors and technologies, citing national security concerns.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the defense contractors industry, including Leonardo DRS (NASDAQDRS) and its peers.
Woodward Inc. reports record 2024 growth. With strong aerospace sales and a promising 2025 outlook, WWD stock presents opportunities for savvy investors.
Palantir Technologies Inc. and Anduril Industries are spearheading a new consortium of technology companies to compete for U.S. Department of Defense contracts, challenging traditional defense contractors' dominance over the $850 billion defense budget.
Mysterious drone sightings have been reported across New Jersey and other northeastern states since mid-November 2024, causing concern among residents and prompting investigations by authorities.
RTX Corp (NYSERTX) to add 1,000 employees in India by 2027. Focus on talent hub, plans to hire 300 engineers in 18 months and consolidate manufacturing sites.
The global aerospace and defense industry is poised for a tumultuous year in 2025, but it may bring significant returns to these under-the-radar names.
Drone stocks have gotten a tailwind from mysterious sightings over New Jersey. Axon and AeroVironment are among those who stand to benefit, William Blair said.
