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RTX Rides Aftermarket Boom, Lifts Outlook
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 Beats Wall St. Expectations
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…
RTX leads JetZero engine integration, power units and nacelles
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 Reports Positive Q3 earnings
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 Posts Strong First Quarter
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%…