Collins Aerospace, an RTX business, has completed a $63 million expansion of its MRO facility in Subang Aerotech Park, Malaysia. The enlarged site is intended to serve as a key regional hub for advanced component maintenance, repair, and overhaul in Asia Pacific. The move is aimed at supporting growing aviation demand and larger commercial fleets across the region. For investors tracking NYSE:RTX, this Malaysia expansion adds another piece to the story alongside recent U.S. defense contract...
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The iShares U.S. Aerospace & Defense ETF (NYSEARCA:ITA) is sitting on a 34% one-year gain heading into June, with shares at roughly $235 and $13.5 billion in net assets. Two events in the next four weeks will largely decide whether ITA keeps running: the Pentagon’s FY2027 budget moving through Congress, and the June 29 Honeywell ... ITA Investors: Watch These Two Events Over the Next 30 Days
LMT clears a key PrSM Increment 4 propulsion test, aiming for 620 miles range and faster production via $300M manufacturing bets.
Kratos Defense is ramping up Valkyrie drone production, restoring Unmanned Systems profitability and investing in bigger defense opportunities ahead.
RTX expands missile defense production and testing capacity as demand grows for advanced air and missile defense systems.
RTX Corporation (NYSE:RTX) is among the 10 Best Aerospace and Defense Stocks to Buy According to Hedge Funds. On June 4, Jefferies analyst Sheila Kahyaoglu upgraded the stock to Buy from Hold and set a new price target of $220, up from $210. According to Barron’s, the analyst cited rising profit margins, growth prospects in […]
RTX (RTX) closed the most recent trading day at $178.66, moving 1.29% from the previous trading session.
Portsmouth expansion boosts LTAMDS testing capacity and increases Patriot missile component production.
Raytheon, an RTX business, recently committed US$100 million to expand its Portsmouth, Rhode Island facility, aiming to accelerate LTAMDS radar testing and increase Patriot GEM-T subcomponent production following earlier investment in its Andover, Massachusetts radar plant. This build-out, layered on fresh multi‑hundred‑million‑dollar SPY‑6 and multi‑billion‑dollar surface‑to‑air missile contracts, reinforces RTX’s growing role in advanced air and missile defense infrastructure for the U.S...
Raytheon stated that it would boost its radar testing by increasing capacity and accelerating Patriot GEM-T subcomponent production to meet growing global demand.
ACHR's strong liquidity position supports aircraft development, certification efforts and manufacturing readiness as it advances toward commercialization.
With 95 hedge fund holders as of Q1 2026, RTX Corporation (NYSE:RTX) is among the Top 10 Stocks That Members of Congress Own. On May 26, Raytheon, a subsidiary of RTX Corporation (NYSE:RTX), was awarded a firm-fixed-price contract valued at approximately $1.02 billion for the procurement of National Advanced Surface-to-Air Missile System fire units. The contract was […]
Investing.com -- Taiwan needs to "spend smarter" on its defense and increase investment in drones and other unmanned systems to strengthen deterrence against China, the top U.S. representative in Taipei said on Saturday, according to Reuters.
Investing.com -- The U.S. military said it shot down four Iranian drones launched toward the Strait of Hormuz and struck coastal surveillance radar sites in southern Iran, Al Jazeera reported, citing U.S. Central Command.
RTX is at the center of a reset in analyst price targets, with one research firm moving up to US$240 while others trim their numbers, even as a model fair value of $215.27 per share remains unchanged. These shifts reflect a split narrative in recent research, where some analysts focus on product opportunities such as the PW1100G Section Plus upgrade, while others take a more cautious view and lower their targets. As you read on, you will see how to interpret these moves and track the evolving...
NOC wins a $100M Navy contract to support GQM-163A target production and launch ops, running through May 2031.
Based on the average brokerage recommendation (ABR), RTX (RTX) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.41%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.73%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.53%. June E-mini S&P futures (ESM26 ) rose +0.36%, and June E-mini Nasdaq futures...
RTX (NYSE:RTX) secured a US$515 million contract from the U.S. Navy for its SPY-6 radar systems. The award expands deployment of SPY-6 across the Navy's fleet and selected allied governments. The contract marks a fresh step in RTX's role in advanced naval air and missile defense programs. For RTX, this SPY-6 win sits squarely in the core defense electronics and sensors business that many investors focus on when assessing the company. The contract adds to RTX's involvement in radar and...
GE's Commercial Engines unit saw orders jump 93% to $17.3B as engine demand surged, while major investments aim to support future growth.
The S&P 500 Index ($SPX ) (SPY ) today is up +0.02%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.90%. June E-mini S&P futures (ESM26 ) are up +0.02%, and June E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) today is down -0.16%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.41%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.23%. June E-mini S&P futures (ESM26 ) are down -0.14%, and June E-mini Nasdaq futures...
RTX expands landing gear production through a new Poland facility as Collins Aerospace scales capacity to meet rising aircraft demand.
Archer Aviation rises 11% in a month as certification progress, global expansion and strategic partnerships strengthen its path toward eVTOL commercialization.
Shares of aerospace and defense conglomerate RTX rose early Thursday after catching a Wall Street upgrade. On Thursday, Jefferies analyst Sheila Kahyaoglu upgraded RTX shares to Buy from Hold. RTX stock rose 1.4% in premarket trading to $175, while futures were down 0.6%.
Pre-Market Stock Futures: Futures are trading mixed after the AI/Datacenter/Storage/Technology rally took a day off on Wednesday. By the close, all of the major indices finished the day down in a big way. The same issues that have added pressure to stocks once again showed up at the party, as rising interest rates and oil ... Here Are Thursday’s Top Wall Street Analyst Research Calls: Broadcom, CMS Energy, Commercial Metals, FedEx Freight, Medtronic, Murphy Oil, Sherwin-Williams, TeraWulf, and M
Lockheed Martin's $186.4B backlog, new missile production facility and Aegis milestones support long-term revenue visibility despite program losses.