Nørresundby, 31 May 2024 Announcement 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 ...

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 eag ...

Collins has now won 14 Crystal Cabin Awards in the program's 18-year history HAMBURG, 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 ...

"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 desi ...

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 in 2 ...

Compact and light weight, the system is reliable, easy to install and cost-effective GENEVA, 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, be ...

The reimagined suite for the next generation of tech-savvy passengers elevates the on-board experience, enhancing airline loyalty, passenger satisfaction and profitability HAMBURG, Germany, May 28, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, and Panasonic Avionics Corporation (Panasonic Avionics) today jointly unveiled MAYA, a transformative vision for a next-generation business class suite at the 2024 Aircraft Interiors Expo in Hamburg, Germany. MAYA combines Collins Aerospace and ...

Integrated Fusion avionics improve aircraft performance, safety and control GENEVA, May 27, 2024 /PRNewswire/ -- Cessna Citation CJ1+/2+ aircraft registered in Europe can now be upgraded with the advanced functionality of the Collins Aerospace Pro Line Fusion® integrated avionics system after receiving certification approval from the European Aviation Safety Agency (EASA). Collins Aerospace is an RTX (NYSE: RTX) business. CJ1+/2+ aircraft based in Europe are now eligible for Pro Line Fusion upgrades, enabli ...

RTX Corp. (RTX) recently clinched a contract involving its AIM-9X and AIM-9X Block II missiles. The award has been offered by the Naval Air Systems Command, Patuxent River, MD. Details of the Deal Valued at $227.4 million, the contract is expected to be completed by May 2029. Per the terms of the deal, RTX will provide depot-level repairs and other related services to support AIM-9X and AIM-9X Block II missile sustainment efforts. These services include logistics support, sustainment engineering, software s ...

A month has gone by since the last earnings report for RTX (RTX) . Shares have added about 5.2% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is RTX due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. RTX Q1 Earnings Surpass Estimates by 9%, Sales Increase Y/Y RTX Corpo ...