RTX Corp Stock Price, News & Analysis

RTX (NYSE: RTX) has achieved a significant milestone as its Raytheon business successfully demonstrated the Barracuda mine neutralization vehicle in an untethered, semi-autonomous operation. The testing, conducted in Narragansett Bay, showcased Barracuda's autonomous capabilities in navigation, communication, target detection, and identification.

As the U.S. Navy's newest program of record for mine neutralization, Barracuda is the first untethered system capable of tracking and identifying various types of mines while maintaining human oversight for neutralization decisions. The program is progressing towards initial operational capability and low-rate initial production by 2030. Raytheon is also developing an advanced variant for expanded mission capabilities including subsea and seabed warfare.

RTX (NYSE: RTX) has announced it will release its second quarter 2025 earnings results on Tuesday, July 22, 2025, before market open. The company will host a conference call at 8:30 a.m. ET to discuss the results.

The earnings conference call will be accessible via webcast on RTX's website at www.rtx.com, with a replay option available after the event. Additionally, presentation materials related to the earnings call will be made available for download before the call begins.

TransDigm Group (NYSE: TDG) has announced a definitive agreement to acquire Simmonds Precision Products from RTX Corporation (NYSE: RTX) for $765 million in cash, including tax benefits. Simmonds, based in Vergennes, Vermont, specializes in fuel & proximity sensing and structural health monitoring solutions for aerospace and defense markets.

The acquisition target generates approximately $350 million in annual revenue, with 40% derived from aftermarket sales. Simmonds employs around 900 people and is known for its highly engineered, proprietary components with significant aftermarket content and strong presence across major aerospace and defense platforms.

The transaction aligns with TransDigm's strategy of acquiring companies with proprietary products and substantial aftermarket presence. The acquisition will be financed through existing cash on hand and is subject to regulatory approvals in the United States and customary closing conditions.

RTX (NYSE: RTX) announced that its Board of Directors has declared a quarterly dividend of $0.68 per share of common stock. The dividend will be payable on September 4, 2025 to shareholders of record as of August 15, 2025. Notably, RTX has maintained an impressive track record of paying cash dividends consistently since 1936, demonstrating nearly 90 years of commitment to shareholder returns.

RTX (NYSE: RTX) subsidiary Raytheon has secured a $250 million contract from Mitsubishi Electric Corporation (MELCO) for ESSM Block 2 licensed production. The Direct Commercial Sale contract involves providing missile kits, parts, components, and technical support for missile production in Japan.

The ESSM Block 2 is an advanced ship-launched guided missile with enhanced maneuverability and performance compared to Block 1. Key improvements include reduced dependence on shipboard illumination, compatibility with various combat systems, better performance in marine environments, and software upgrade capability for future threat adaptation.

RTX's Pratt & Whitney has secured nearly 1,100 GTF engine orders and commitments in 2025, bringing their total orders to over 12,000 from more than 90 customers globally. Major airlines including Aegean Airlines, Air Niugini, ANA, Frontier Airlines, LOT Polish Airlines, and Wizz Air have placed orders, along with two undisclosed customers. The GTF engine delivers up to 20% lower fuel consumption and a 75% smaller noise footprint compared to previous generation engines. The company's new GTF Advantage, which received FAA certification, will enter service next year offering improved range, fuel efficiency, and durability. Additionally, the new GTF Hot Section Plus option will enhance durability by nearly doubling time on wing, with the engine expected to accumulate over 250 million flying hours by mid-2030s.

Wizz Air has selected RTX Pratt & Whitney's GTF engines to power up to 177 additional Airbus A321neo aircraft, expanding their total GTF-powered fleet order to 453 aircraft. The deal includes a long-term EngineWise Comprehensive service agreement for engine maintenance. Wizz Air, Europe's largest A320neo-family operator, currently operates 163 A320neo family aircraft with GTF engines and 73 A320ceo family aircraft with IAE V2500 engines. The airline recently became the first to operate the A321XLR with GTF engines. The agreement includes a special support package to enhance operational stability and mitigate impacts of grounded aircraft. Future deliveries will feature the GTF Advantage engine, offering higher take-off thrust capability for A321neo and A321XLR aircraft.

RTX's Pratt & Whitney has expanded its GTF engine maintenance network by adding ITP Aero as its 21st facility and 8th in Europe. The Madrid-based ITP Aero will provide full maintenance, repair, and overhaul services for PW1500G engines used in Airbus A220 aircraft and PW1900G engines for Embraer E-Jets E2. As a GTF risk revenue-sharing partner, ITP already manufactures key components including mid-turbine frames and nickel-based integrally bladed rotors for high-pressure compressor components. This expansion builds on a decade-long partnership between the companies and aims to enhance engine maintenance support for customers globally through Pratt & Whitney's EngineWise solutions platform.

RTX, Kongsberg Defence and Aerospace, and the Norwegian government announced a collaboration to develop the GhostEye radar for the NASAMS air defense system. GhostEye, a 360-degree surveillance and fire control sensor, will be designed by Raytheon in the US with key subassemblies co-developed by Kongsberg in Norway. The radar features active electronically scanned array technology and military-grade gallium nitride, enabling enhanced detection, targeting, and tracking of various aerial threats including cruise missiles, drones, and aircraft. This development marks the first project under the NASAMS collaborative arrangement signed in October 2023. Additionally, Raytheon and Kongsberg renewed their 30-year partnership for another decade at the Paris Air Show.