Maikel de Vaan/iStock Editorial via Getty Images Raytheon Technologies, a unit of RTX (NYSE:RTX), on Thursday said it was awarded a $1.2 billion contract to supply Germany with additional Patriot air and missile defense systems. The Patriot order is the second one for Germany this year. The contract includes theContinue Reading
e-crow/iStock via Getty Images The United States in 2026 will begin deploying long-range missiles in Germany as part of a commitment to the North Atlantic Treaty Organization, the countries said in a joint statement on Wednesday. The deployments are in preparation for longer-term stationing of the Standard Missile-6, Tomahawk cruiseContinue Reading
RTX (NYSE:RTX) this year is likely to be less profitable than previously estimated, analysts at financial-services firm Wells Fargo said in revising their forecast for the aerospace and defense company, whose operations include Collins Aerospace and jet-engine maker Pratt & Whitney. The revision comes as investors “appear to have concerns”Continue Reading
Ivan Cholakov The Pentagon announced Friday that Collins Aerospace, a subsidiary of aerospace and defense company RTX Corporation (NYSE:RTX), has received a defense contract worth $264.6M to provide support services to the U.S. Air Force. The DoD said that the contract related to the DB-110 and MS-110 Reconnaissance Pod programsContinue Reading
