RTX Corp Stock Price, News & Analysis

RTX's Pratt & Whitney and Delta Air Lines have announced an agreement to expand GTF engine overhaul capacity at Delta TechOps' Atlanta facility. The expansion will increase annual capacity by over 30%, enabling up to 450 engine overhauls per year, making it one of the largest facilities in the GTF MRO network.

Delta TechOps, which joined the GTF MRO network in 2019, services PW1100G-JM and PW1500G engines for Airbus A320neo and A220 aircraft. The facility includes a dedicated 155,000-square-foot GTF engine MRO facility and also provides support for other Pratt & Whitney commercial engines. Currently, Pratt & Whitney powers more than 320 aircraft in Delta's fleet, including over 140 A220s and A321neos.

RTX's Pratt & Whitney and MTU Aero Engines have announced an expansion of their GTF engine maintenance collaboration. MTU's annual capacity will increase to 600 shop visits across all GTF models, establishing it as one of the largest service providers in the Pratt & Whitney GTF MRO network.

The partnership includes multiple facilities: MTU Maintenance Hannover, which completed its 1000th PW1100G-JM engine shop visit and received a five-year extension; EME Aero joint venture, which completed over 500 shop visits and is adding a second test cell; and MTU Maintenance Zhuhai, with its new Jinwan branch expected to handle up to 260 shop visits annually.

MTU serves as a significant partner across the GTF engine family, responsible for key components including the high-speed low-pressure turbine and high-pressure compressor stages. The company also assembles one-third of PW1100G-JM engines for the A320neo.

RTX's Pratt & Whitney has unveiled a groundbreaking additive manufacturing repair solution for GTF engine components, developed at their North American Technology Accelerator in Jupiter, Florida. The new technology will reduce process time by over 60% using Directed Energy Deposition, a 3D printing method.

The innovation is expected to recover $100 million worth of parts over the next five years through implementation across the global GTF MRO network. The solution eliminates several steps in the current repair method, particularly benefiting machine changeover and heat treat cycles reduction.

The project, developed in collaboration with the Connecticut Center for Advanced Technology and RTX Research Center, will be scaled throughout their 20-shop MRO network across four continents. Combined with other accelerator programs, Pratt & Whitney expects annual savings of at least $24 million.

Collins Aerospace, an RTX business, has unveiled enhanced features for its Prime wheelchair seating solution at the Aircraft Interiors Expo (AIX) in Hamburg. The improvements, developed through feedback from passengers with reduced mobility (PRM), airlines, and technical advisors, introduce a transformable monument that doubles as a passenger amenity station and crew service area.

The solution includes modern amenities such as a height-adjustable tray table with tablet holder, power outlets, and passenger service unit. Key enhancements ensure emergency egress compliance and accommodate caregivers in adjacent seats. When not serving PRMs, the monument converts to provide crew service space with half-sized trolley cart storage and additional stowage.

The Prime solution, first introduced at AIX 2024, allows electric wheelchair users to remain seated in their wheelchairs during flights, utilizing an industry-standard 'roll on, lock down' tie-down system. The design maintains airline seat count while simplifying boarding and deplaning processes.

RTX's Raytheon division has awarded dual-source contracts to Nammo and Northrop Grumman for the initial phase development of MK72 solid rocket motors. The strategic move aims to expand the supplier base and meet growing global demand for defense systems, particularly the Standard Missile program.

Under these contracts, both suppliers will verify design requirements and specifications, completing a Systems Requirements Review to validate design concepts. The initiative focuses on demonstrating the suppliers' capability to execute requirements and production ramp-up before proceeding with further development and qualification phases.

Barbara Borgonovi, president of Naval Power at Raytheon, emphasized that alongside dual sourcing, the company is increasing supply base oversight and making strategic investments to address constraints and accelerate capability delivery.

BrainChip Holdings (BRCHF) has announced a partnership with Raytheon Company, an RTX business, to fulfill a $1.8M contract from the Air Force Research Laboratory focused on neuromorphic radar signal processing.

The project, titled 'Mapping Complex Sensor Signal Processing Algorithms onto Neuromorphic Chips,' will specifically address micro-Doppler signature analysis for enhanced activity discrimination. BrainChip's Akida™ processor, designed for ultra-low power consumption in neural network processing, aims to enable sophisticated radar processing in power-constrained weapon systems like missiles, drones, and drone defense systems.

The partnership leverages BrainChip's neuromorphic technology to improve cognitive communication capabilities on size, weight, power, and cost (SWaP-C)-constrained platforms for military, spacecraft, and robotics applications.

RTX (NYSE: RTX) has announced it will release its first quarter 2025 earnings results on Tuesday, April 22, 2025, before market opening. The company will host a conference call at 8:30 a.m. ET to discuss the quarterly performance. Investors and interested parties can access the live webcast through the company's website at www.rtx.com, where it will also be available for replay after the event. A downloadable presentation will be provided before the conference call.

RTX's Raytheon business has successfully tested a new variant of its Coyote unmanned aerial system, launching it from a helicopter at Nine Mile Training Center. The new variant, called Coyote LE SR, expands upon the platform's proven counter-drone capabilities, where it has already intercepted hundreds of drones in combat.

The system is designed for 'launched-effects' programs and can be deployed from air, ground, or sea platforms. Key capabilities include reconnaissance, surveillance, target acquisition, electronic warfare, precision strike, and communications. The Coyote LE SR features collaborative autonomy, enabling it to interact with nearby sensors and systems to optimize mission performance based on real-time battlefield data.

Additional testing of the Coyote LE SR will continue throughout 2025, marking a significant expansion of the platform's operational capabilities.

RTX's Raytheon business has successfully demonstrated its DeepStrike™ autonomous mobile launcher vehicle in a live fire test at the U.S. Army's Project Convergence. The self-driving launcher, developed through a collaboration between Raytheon, Forterra, Oshkosh Defense, and Ursa Major, operates without requiring a driver and is designed for all-weather conditions and terrains.

The demonstration featured a new Raytheon-made missile for the U.S. Army's Joint Reduced Range Rocket program, developed through rapid prototyping. The DeepStrike launcher offers increased weapons capacity compared to current systems and can accommodate various missile sizes, enhancing Army mobility and survivability. Further autonomy testing, including offensive and defensive fires in challenging environments, is planned for the next year.