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RTX Corporation (RTX) Stock News

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RTX Corporation reports aerospace and defense developments across Collins Aerospace, Pratt & Whitney and Raytheon. News commonly covers Collins avionics, commercial aviation radars, satellite and secure communications components, and multi-domain security solutions; Pratt & Whitney commercial and military engine production, including GTF, F135 and F100 programs; and Raytheon defense systems such as SeaRAM, SharpSight radars, missile-warning sensors, air and missile defense, advanced sensors and space-based systems.

Company updates also include earnings releases, backlog and cash-flow commentary, dividend actions, facility investments and production-capacity expansions tied to commercial aerospace and defense demand. Contract announcements and customer program awards provide recurring detail on RTX's role as a supplier to military, civil aviation and allied defense markets.

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RTX (NYSE: RTX) business Raytheon successfully completed three developmental tests of its Coyote Block 2C+RM upgrades for counter-drone missions. The Raytheon-funded program advanced from concept to testing in 15 months. The initial series confirmed initial integration with the current counter-drone architecture and included the first launches of a Coyote interceptor equipped with a tactical rocket motor.

Raytheon intends to integrate the rocket motor for faster launch and flight, alongside a new seeker and warhead designed to counter current and emerging drone threats. The upgrades remain in development and are intended to support a joint U.S. military counter-drone mission.

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RTX (RTX) business Raytheon has won an Office of Naval Research contract to develop target-detection capabilities for naval radar systems.

The work covers signal and data-processing algorithms and software upgrades. Raytheon expects the upgrades to extend detection range, increase sensitivity and improve radar efficiency. Laboratory and field testing will validate performance and operational use before transition into the SPY-6 radar family and future naval radars. Contract work will take place in Portsmouth, Rhode Island, and Andover, Massachusetts, through 2031. Raytheon is also expanding its engineering workforce to support military programs.

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RTX (RTX) business Raytheon secured a contract valued up to $6.3 billion to produce and sustain SM-3 Block IB interceptors. The agreement has a five-year term and two additional option years, and forms part of recent agreements between Raytheon and the Department of War.

The contract supports replenishment of missile defense inventory. RTX has invested to expand capacity and accelerate production of critical munitions, including the Standard Missile family. Production under this contract will be primarily completed at Raytheon facilities in Tucson, Arizona, and Huntsville, Alabama.

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The National Association of Corporate Directors New England Chapter (NACDNE) has appointed five new members to its Board of Directors.

The appointees are Tracy Atkinson, Heather Campion, Michael Curry, Jack Egan and Damian Wilmot. Atkinson serves on the boards of Citizens Financial Group and RTX. Campion is Managing Director at DSG Global. Curry is President and CEO of the Massachusetts League of Community Health Centers. Egan has served on the boards of EMC and VMware. Wilmot currently serves on the boards of PBF Energy and Fidelity Charitable.

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RTX (NYSE: RTX) business Raytheon secured a multi-year contract valued up to $24.4 billion for Standard Missile-6 interceptors for the U.S. Navy. The contract covers five years, with two additional option years, and builds on agreements between Raytheon and the Department of War.

Raytheon has invested in its operations and facilities, expanded its skilled workforce, strengthened defense-industry partnerships and automated production. The company intends these efforts to support higher output for near- and long-term needs.

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RTX (RTX) subsidiary Collins Aerospace announced a 14,000-square-foot expansion of its West Des Moines engine-components manufacturing facility.

The multi-million-dollar investment is intended to increase capacity to meet growing demand from commercial and military aviation programs. The site ships more than 25,000 engine nozzles each month and employs approximately 300 full-time workers. Collins plans to add roles by the end of 2026, with further hiring expected into 2027. Construction is scheduled to begin later in September 2026, and completion is expected in mid-2027.

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RTX (RTX) will release its third-quarter 2026 earnings results on October 20, before the stock market opens. A conference call to discuss the results is scheduled for 8:30 a.m. ET and will be webcast live, with a replay available afterward.

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Raytheon, an RTX (RTX) business, secured a multiyear AMRAAM missile contract valued at up to $20.7 billion. The Department of War contract has a five-year term and two option years. Raytheon plans to increase AMRAAM production to record levels under its terms.

The award follows an earlier agreement with the department supporting annual production of at least 1,900 AMRAAM missiles. RTX said production nearly doubled in 2025 compared with 2024 as it invested in AMRAAM and other munitions. RTX is also exploring international co-production.

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RTX (RTX) and United Airlines marked the September 24, 2026 delivery of the first GTF Advantage-powered aircraft, an Airbus A321XLR, to United. The aircraft uses engines from RTX's Pratt & Whitney business.

Pratt & Whitney expects the engine to remain on an aircraft for up to twice as long before removal as today's GTF engine and to provide 4-8% more takeoff thrust. It is interchangeable with today's GTF model. Pratt & Whitney plans to transition its entire PW1100G-JM production line to the Advantage specification by 2028. Its GTF Hot Section Plus upgrade is expected to become available during maintenance visits early next year.

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RTX (RTX) subsidiary Pratt & Whitney Canada signed a four-year maintenance agreement covering AirBorneo Airways' PW127M engines.

The agreement provides maintenance, repair and overhaul services through 2030 for engines powering AirBorneo's ATR 72-500 turboprops. AirBorneo operates the aircraft on its Rural Air Services network, which connects remote and underserved communities across East Malaysia. The engines will be maintained primarily at Pratt & Whitney Canada's Singapore facility, where recent investments have expanded turboprop maintenance capabilities.

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FAQ

What is the current stock price of RTX Corporation (RTX)?

RTX Corporation (RTX) last closed at $186.66.

What is the market cap of RTX Corporation (RTX)?

The market cap of RTX Corporation (RTX) is approximately $251.6B.