RTX Stock News

RTX's Raytheon unit received $729 million in contracts for counter-drone system components. The awards include first international sales for the KuRFS sensor and Coyote effector. RTX is ramping production to meet rising global demand.

Raytheon, an RTX business, completed three successful tests of its Coyote Block 2C+RM upgrades, advancing from concept to testing in 15 months. The upgrades include a rocket motor, new seeker, and warhead designed to defeat all classes of drone threats. The tests confirmed integration with current counter-drone architecture and demonstrated faster threat engagement times.

Large caps closed near record territory while small caps lagged. Deal flow included a $6.3B RTX missile contract, Lilly FDA approval for Jaypirca, Couche-Tard retail asset acquisition, SAP's TechWolf acquisition, and a CN Rail grain record.

Raytheon, an RTX business, secured a five-year contract with two option years valued up to $24.4 billion for Standard Missile-6 interceptors. The contract ensures supply for the U.S. Navy. SM-6 is a multi-mission weapon for anti-air, anti-surface, and ballistic missile defense.

RTX's Raytheon unit received a $20.7 billion five-year contract with two option years from the Department of War for AMRAAM missiles, supporting annual production of at least 1,900 units. The deal is part of the Arsenal of Freedom program.

Pratt & Whitney delivered the first GTF Advantage-powered Airbus A321XLR to United Airlines. The new engine standard offers up to twice the time on wing, 4-8% more takeoff thrust, and full interchangeability with current GTF models. Production line transition to Advantage specification is planned by 2028.