This public company is a leading global aerospace and defense corporation, specializing in the design and manufacture of advanced technologies and systems for both military and commercial applications
It provides a broad range of services, including aircraft engines, missile systems, and various aerospace components, catering to governmental and industrial clients worldwide. The company is committed to innovation, focusing on developing cutting-edge solutions that enhance safety, efficiency, and performance in the aviation and defense sectors. Through its diverse portfolio, it plays a critical role in supporting national security and advancing the future of flight.
Leveraged ETFs are not designed for casual or buy-and-hold investors due to their heightened risk; however, for experienced investors they can be a strong play.
RTX has been the sole provider of the Cooperative Engagement Capability (CEC) since 1985, and the new sole source contract follows an existing five-year Design Agent contract.
Aerospace and defense company Raytheon (NYSERTX) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 8.5% year on year to $21.62 billion. On the other hand, the company’s full-year revenue guidance of $83.5 billion at the midpoint came in 1% below analysts’ estimates. Its non-GAAP profit of $1.54 per share was 12% above analysts’ consensus estimates.
A federal judge in the District of Columbia on Tuesday afternoon temporarily blocked an executive order given by President Donald Trump that imposed a freeze of all federal grants and loans, putting $3 trillion in funding in jeopardy and entire industries on edge.
White House freezes $3 trillion in federal funding, sparking legal and political showdown. Industries like education, healthcare, and clean energy at risk.
Tech stocks attempted a rebound after Monday's devastating crash triggered by DeepSeek, as investors show interest in dip-buying the hardest-hit names.
President Donald Trump has called for NATO members to significantly increase their spending on defense, suggesting a target of 5% of gross domestic product to go toward military spending.
