Tag: $RTX

Aerospace and defense major RTX on Tuesday beat first-quarter earnings estimates, helped by demand for missile defense systems and strength in the commercial aftermarket business.

RTX  reported better-than-expected fourth-quarter earnings and gave solid guidance for 2024. The stock was up in early trading.

Oct 24 (Reuters) – RTX reported better-than-expected quarterly earnings on Tuesday, as strong performance at its Collins Aerospace business offset the hit it took due to a major quality crisis at engine making unit Pratt and Whitney.

July 25 (Reuters) – RTX Corp (RTX.N) said that a “significant portion” of its Pratt & Whitney GTF engines that power Airbus A320neo jets will need “accelerated removals and inspections” sending shares down 3% in premarket trading, as the company announced earnings on Tuesday.

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