ARLINGTON, Va., June 3, 2024 /PRNewswire/ -- RTX (NYSE: RTX) announced today that its Board of Directors declared a dividend of 63 cents per outstanding share of RTX common stock. The dividend will be payable on Sept. 5, 2024 to shareowners of record at the close of business on Aug. 16, 2024. RTX has paid cash dividends on its common stock every year since 1936. About RTX With more than 185,000 global employees, RTX pushes the limits of technology and science to redefine how we connect and protect our world ...

Nørresundby, 31 May 2024Announcement no. 30/2024 Peter Røpke has informed RTX A/S that he has decided to resign from the Company to take up the CEO position in a privatly owned company in a different industry. He will continue at RTX until 30 November 2024. Chair Peter Thostrup says: “I have valued the close partnership with Peter. Peter has made important contributions to the development of RTX since joining in 2016. We wish him all the best in his future endeavors”. CEO Peter Røpke says: “It has been a p ...

RTX Corp.'s (RTX) business unit, Pratt and Whitney, recently secured a modification contract involving the F135 propulsion system. The award has been offered by the Naval Air Systems Command, Patuxent River, MD. Details of the Deal Valued at $380.6 million, the contract is expected to be completed by August 2024. The latest modification enables RTX to provide F135 propulsion system annual sustainment. These sustainment efforts include program management, financial and administrative activities, propulsion i ...

The most recent trading session ended with RTX (RTX) standing at $104.57, reflecting a -0.9% shift from the previouse trading day's closing. This change lagged the S&P 500's 0.74% loss on the day. Elsewhere, the Dow saw a downswing of 1.06%, while the tech-heavy Nasdaq depreciated by 0.58%.Shares of the an aerospace and defense company have appreciated by 3.94% over the course of the past month, outperforming the Aerospace sector's gain of 2.9% and lagging the S&P 500's gain of 4.27%.Investors will be eager ...

Collins has now won 14 Crystal Cabin Awards in the program's 18-year historyHAMBURG, Germany, May 29, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business has been named a winner of a 2024 Crystal Cabin Award for its STARLight™ structural technology. The Crystal Cabin Award is the only international award for excellence in aircraft interior innovation.Placing first in the Material and Components category, Collins' STARLight structures are ultra-lightweight, strong and sustainable composite st ...

"Helix seating was developed with three key pillars in mind – comfort, reliability and sustainability," said Christophe Blanc, vice president and general manager of Aircraft Seating at Collins Aerospace. "The contemporary design increases passenger living space and under seat stowage, while the seat back is optimized to accommodate a greater number of integrated inflight entertainment (IFE) solutions, literature pockets and full-sized meal trays.High strength-to-weight composite materials and advanced desig ...

VanderWolf-Images RTX (NYSE:RTX) may not be a top pure play in defense given it’s only 40% of the backlog, but in my view, is fundamentally a more defensive (non-cyclical) play than the average stock in the current market environment. The business has a strong set of commercial operations and remains exposed to the bullish trends of growing defense spending, especially in Europe. Revenue growth on fixed costs, as well as some cost restructuring, is also expected to drive margin growth for all divisions ...

RTX Corp. (RTX) recently clinched a modification contract involving the AIM-9X Block II missile. The award has been provided by the Naval Air Systems Command, Patuxent River, MD. Details of the Deal Valued at $18 million, the contract is expected to be completed by June 2026. The latest modification adds scope for RTX to offer continued studies involving future updates to the AIM-9X missile system, in conjunction with the AIM-9X Block II and Block II+ System Improvement Program Increment IV. Work related to ...

Collins Aerospace to expand carbon brake production SPOKANE, Wash., May 28, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business has initiated a $200 million investment to expand manufacturing at the carbon brake production site in Spokane, Washington, over a multi-year period. Collins has plans to grow the site by more than 50 percent, adding 70,000 square feet of additional manufacturing space – including up to three new buildings and additional furnaces. This expansion will support increas ...

Compact and light weight, the system is reliable, easy to install and cost-effectiveGENEVA, May 28, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business has modified a Prince Aviation Cessna 525 Citation Jet with its IRT NX Satellite Communication (SATCOM) system, providing high-speed cabin connectivity through the Iridium Certus® 700 satellite service. EASA certification and design approval was obtained by Q.C.M. Design GmbH with Prince Aviation installing the hardware onto the aircraft, bec ...