Everyone has been noting the supply chain’s stress – this stress is creating opportunities. And who better to jump into that opportunity than private capital? The entry of Bain Capital alongside Audax Private Equity into FDH Aero is part of…
RTX reported sales of $22.1 billion for the first quarter of 2026, a 9% increase that has prompted the corporation to revise its financial targets upward for the year-end. This performance is backed by a record backlog of $271 billion,…
RTX released its quarterly earnings today, beating Wall Street expectations. Fourth-quarter revenues exceeded industry estimates, coming in at $24.24 billion, above the $22.65 billion estimate. Earnings per share were $1.55 for the quarter, exceeding consensus estimates of $1.47, with return…
ARLINGTON, Va., March 6, 2025 /PRNewswire/ — RTX (NYSE: RTX) has entered into three agreements with JetZero, the developer of a novel blended wing body aircraft, to provide key systems for the airframer’s full-scale demonstrator. Pratt & Whitney will integrate the PW2040 engine and auxiliary…
Raytheon Technologies (RTX) reported Q3 earnings today, with positive results. Sales of $20.1 billion were up 6 percent versus last year, and adjusted EPS of $1.45 was up 16 percent y-o-y. The company raised its full-year guidance for sales to…
Raytheon Technologies reported its first quarter earnings, and beat Wall Street estimates. The company reported revenues of $19.3 billion in the first quarter with earnings per share of $1.34. Sales were up organically 12% year over year, with a 10%…