Raytheon gets $333M contract from the U.S. Navy

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• Seeking Alpha | January 13, 2025

RTX's Arm Wins a $333M Contract to Aid Standard Missile-6 Program

RTX's unit, Raytheon, secures a $333.3 million contract to support the SM-6 missile program.

Yahoo | January 10, 2025

RTX Stock Has 31% Upside, According to 1 Wall Street Analyst

A Wells Fargo analyst recently raised the company's price target for RTX (NYSE: RTX) stock to $151 from a previous target of $140 and maintained an "overweight" rating on the stock. As such, it represents a 31% premium to the current price, but is the new target warranted? The Wall Street consensus has RTX generating $8.4 billion in free cash flow (FCF) in 2026, which, based on the current market cap of $153 billion, would put RTX on a price-to-FCF multiple of 18.2 times 2026 FCF -- the Wells Fargo analyst makes a similar argument based on earnings.

Yahoo | January 9, 2025

RTX Stock Hit Record High Recently; Can It Do It Again?

Among other projects, RTX is helping modernize the Air Force's F-22 Raptor jet fighter. Arlington, Va.-based RTX got a welcome upgrade to its IBD Relative Strength (RS) Rating Wednesday, from 70 to 73, putting it within close range of a key milestone. The rating upgrade means that RTX stock is among the top 70% of stocks for price performance this past year.

Yahoo | January 9, 2025

Raytheon secures $333.28M U.S. Navy contract

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• RTX Corporation: A Low-Risk, Potential Long-Term Upside Trade For 2025
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• Seeking Alpha | January 8, 2025

RTX to release fourth quarter results on January 28, 2025

RTX (NYSE: RTX) will issue its fourth quarter and full year 2024 earnings results on Tuesday, January 28, prior to the stock market opening. A conference call will take place at 8:30 a.m. ET to discuss the results and the Company's outlook for 2025.

Yahoo | January 7, 2025

RTX's Raytheon Pockets $946M Patriot Defense Deal: Boosting Romania's Security Arsenal

RTX Corporation (NYSE:RTX) shares are trading relatively flat on Friday. Raytheon, a key business unit of RTX, was awarded a $946 million contract to provide Romania with additional Patriot air and missile defense systems. The deal includes a range of fire units, radars, control stations, and missiles, enhancing Romania’s defense capabilities. Pete Bata, senior vice president of Global Patriot at Raytheon, emphasized the company’s commitment to delivering advanced, integrated air and missile def

Yahoo | January 3, 2025

Raytheon Lands $946M Mega Defense Deal Amid Rising Global Tensions

Romania's Patriot missile system upgrade highlights Raytheon's dominance in the booming global defense market.

Yahoo | January 3, 2025

RTX's Raytheon awarded $946 million contract to provide additional Patriot air defense systems to Romania

Raytheon, an RTX (NYSE: RTX) business, was awarded a $946 million contract to supply Romania with additional Patriot® air and missile defense systems.

Yahoo | January 3, 2025

RTX upgraded to Buy from Hold at Deutsche Bank

Deutsche Bank analyst Scott Deuschle upgraded RTX (RTX) to Buy from Hold with a price target of $140, up from $131. RTX trades like a defense stock and is valued like a defense stock but compounds EBIT like an aerospace stock, the analyst tells investors in a research note. The firm says this makes RTX an attractive way to play the global defense cycle. The company’s “superior” long-term growth and operating leverage inherent in its aerospace businesses as well as its “strong” international reve

Yahoo | January 3, 2025