ARLINGTON, Va., Oct. 1, 2024 /PRNewswire/ -- RTX (NYSE: RTX) will issue its third quarter 2024 earnings Tuesday, October 22, prior to the stock market opening. A conference call will take place at 8:30 a.m. ET.

The conference call will be webcast live on the company's website at www.rtx.com and will be available for replay following the call. A presentation corresponding with the conference call will be available for downloading prior to the call.

About RTXWith more than 185,000 global employees, RTX pushes the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – we are advancing aviation, engineering integrated defense systems, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2023 sales of $69 billion, is headquartered in Arlington, Virginia.

$1.3 billion contract will enable continued design maturation and aircraft integration 

EAST HARTFORD, Conn., Sept. 30, 2024 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, has been awarded a contract valued up to $1.3 billion to continue work on the F135 Engine Core Upgrade (ECU), which will deliver enhanced durability to the engine. The ECU also provides power and cooling for Block 4 and beyond capabilities for all three variants of the F-35 global enterprise.

"This contract is critical to continuing our positive forward momentum on this program," said Jill Albertelli, president of Pratt & Whitney's Military Engines business. "It allows us to continue work in the risk reduction phase with a fully staffed team focused on design maturation, aircraft integration, and mobilizing the supply base to prepare for production."

USSF Next-Gen OPIR payload to provide critical missile warning data

EL SEGUNDO, Calif., Sept. 30, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, delivered its first sensor payload to prime contractor Lockheed Martin, keeping the U.S. Space Force Space Systems Command's first Next-Generation Overhead Persistent Infrared, or Next-Gen OPIR, Geosynchronous Earth Orbit (GEO) Block 0 missile warning satellite on track for a 2025 initial launch capability.

Designed to improve missile warning resilience and performance, two Next-Gen OPIR GEO satellites will eventually provide continuous coverage over mid-latitudes to the existing constellation. Raytheon is designing and building sensor payloads for both satellites.

Multi-mission weapon system will provide increased flexibility and capability for U.S. and allied navies

TUCSON, Ariz., Sept. 30, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has received a $525 million contract from the U.S. Navy to produce ESSM Block 2 missiles and spares for the U.S. and allied nations.

ESSM Block 2 is a short to medium-range, ship-launched, dual-mode, guided missile that has increased maneuverability and improved performance over its Block 1 predecessor.

"The role of self-ship and local area defense has become increasingly important, and ESSM Block 2 delivers critical capability in this mission," said Barbara Borgonovi, president of Naval Power at Raytheon. "By partnering with the U.S. Navy and allied navies, we're ensuring this versatile system is ready to support our fleets around the world."

This latest version features GaN technology for increased sensitivity.

TUCSON, Ariz., Sept. 25, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has delivered the first AN/TPY-2 radar for the Kingdom of Saudi Arabia. The AN/TPY-2 is a missile defense radar that can detect, track and discriminate ballistic missiles in multiple phases of flight.

This is the first AN/TPY-2 radar with a complete Gallium Nitride, or GaN, populated array in the system. GaN is a glasslike material that offers key advantages over other radio frequency semiconductors in energy efficiency, weight and power output. GaN technology provides greater sensitivity to increase range as well as expand surveillance capacity. This technology is also a key enabler in allowing the AN/TPY-2 radar to support the hypersonic mission.

GTF maintenance agreement supports airline's growth plans

EAST HARTFORD, Conn., Sept. 23, 2024 /PRNewswire/ -- Latvian national airline airBaltic and Pratt & Whitney have announced a long-term EngineWise™ Comprehensive maintenance services agreement for the airline's GTF engine fleet. This agreement links airBaltic's maintenance costs to the utilization of the airline's engines. Pratt & Whitney is an RTX (NYSE: RTX) business.

"Pratt & Whitney has been a long-term, trusted collaborator of airBaltic since we became the global launch operator of the Airbus A220-300 aircraft type back in 2016," said Martin Gauss, president and CEO of airBaltic. "The aircraft's PW1500G GTF engines have delivered a 25% reduction in fuel burn per seat compared to previous generations, resulting in significant cost savings. This agreement will support the growth plans of airBaltic towards a 100 Airbus A220-300 fleet by the year 2030. We are looking forward to many more years of successful cooperation with Pratt & Whitney."

Collins' Display with Mosarc increases cockpit processing power by 75% and decreases certification risk

CEDAR RAPIDS, Iowa, Sept. 18, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, received the first-ever FAA Technical Standard Order (TSO) approval for a fully enabled multi-core processor. The Collins Multifunction Display, powered by Mosarc™, will increase the speed, capacity and flexibility of an aircraft's flight deck, providing 75% more capability than traditional single core processors.

Manufacturing advancements expected to reduce production costs

ANDOVER, Mass., Sept. 17, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has been awarded an Office of Naval Research (ONR) Navy ManTech project from Penn State University Applied Research Laboratory's Electronics Manufacturing Center of Excellence to streamline the production of SPY-6 Transmit/Receive (TR) modules. Manufacturing advancements like automation, new material sources and process yield improvements will result in cost-savings for the U.S. Navy across the life cycle of the SPY-6 radar.

Test validates design maturity and performance

ROCKET CENTER, W.Va., Sept. 12, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, and Northrop Grumman (NYSE: NOC) have successfully completed a static fire test of an advanced long-range solid rocket motor at the Northrop Grumman Allegany Ballistics Laboratory in West Virginia.

The test demonstrated wired end-burning technology for hypersonic applications and provided data to support digital modeling and simulations that validated the design maturity and performance of the rocket motor. Raytheon's Advanced Technology team and Northrop Grumman leveraged their combined digital engineering expertise to accelerate the design and development in a digital environment using model-based systems engineering.

Radar proves its long-range target detection ability

HONOLULU, Aug. 28, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, successfully demonstrated the SeaVue Multi-role Radar's superior long-range target detection at the U.S. Navy's Exercise Rim of the Pacific (RIMPAC) – the world's largest international maritime exercise.

Performing a Sink Exercise, or SINKEX, an MQ-9B SeaGuardian® Unmanned Aircraft System from General Atomics Aeronautical Systems, Inc. used SeaVue Multi-role Radar (SVMR) surveillance and imaging to survey multiple targets and send track data to F/A-18 E/F Super Hornet aircraft. The aircraft were able to use the data provided by the radar to successfully fire a Long-Range Anti-Ship Missile (LRASM) at a decommissioned amphibious assault ship, the USS Tarawa (LHA-1), showcasing SVMR's net-enabled, long-range weapons employment capabilities.

ARLINGTON, Va., Aug. 28, 2024 /PRNewswire/ -- RTX (NYSE: RTX) President and CEO Chris Calio will speak at the Morgan Stanley 12th Annual Laguna Conference on Wednesday, Sept. 11 at 11:45 a.m. Eastern Time. The presentation will be broadcast live at www.rtx.com and will be archived on the website afterward. 

About RTXWith more than 185,000 global employees, RTX pushes the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – we are advancing aviation, engineering integrated defense systems, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2023 sales of $69 billion, is headquartered in Arlington, Virginia.

The collaboration will leverage commercial and defense technologies to enhance decision making

MCKINNEY, Texas, July 29, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, was awarded two strategic Mentor-Protégé Agreement initiatives from the Department of the Navy Office of Small Business Programs to support the development of operational Artificial Intelligence for Department of Defense platforms and programs.

Through joint sponsorship from NAVAIR and the Office of Naval Research, Raytheon will mentor Anacapa Micro Products, Inc. and Nara Logics, Inc. Under two individual three-year contracts, Raytheon will provide mentorship for operational AI on system design, software architecture, systems integration, IT security constraints and authority-to-operate requirements in a collaborative environment.

Portugal shop becomes the 18th active facility in growing GTF MRO network

LONDON, July 25, 2024 /PRNewswire/ -- Farnborough Air Show -- Pratt & Whitney, an RTX (NYSE: RTX) business, and OGMA Indústria Aeronáutica de Portugal S.A. ("OGMA"), an Embraer company, announced today the induction of the first Pratt & Whitney GTF™ engine at OGMA during the inaugural opening of the Alverca-based facility.

"This marks a significant milestone in our expanding relationship with OGMA and Embraer, furthering our commitment to providing global industry-leading service and support to increase GTF MRO capacity," said Marc Meredith, vice president of aftermarket for GTF engines at Pratt & Whitney. "OGMA brings more than a century of maintenance expertise to the network and will provide critical support for the growing GTF fleet in Europe."

RTX delivers solid operational performance and 8% sales growth; Increases 2024 outlook for adjusted sales* and adjusted EPS*, revises free cash flow*

ARLINGTON, Va., July 25, 2024 /PRNewswire/ -- RTX (NYSE: RTX) reported second quarter 2024 results.

Second quarter 2024

More than 11,000 GTF orders and commitments program to date

LONDON, July 24, 2024 /PRNewswire/ -- Farnborough Air Show – Pratt & Whitney, an RTX (NYSE: RTX) business, announced more than 950 GTF engine orders and commitments since the beginning of 2024. Airlines and lessors that have announced orders include Avolon, Breeze Airways, Cebu Pacific, Icelandair, JetSMART, Mexicana, SKY Airline, SMBC, and Vietjet. In total, more than 11,000 GTF engine orders and commitments have been placed by more than 90 customers worldwide.

National airline of Papua New Guinea is a first-time GTF customer

LONDON, July 24, 2024 /PRNewswire/ -- Farnborough Air Show -- Pratt & Whitney, an RTX (NYSE: RTX) business, and Air Niugini have finalized engine and aftermarket agreements for the GTF engines that will power the airline's fleet of 11 Airbus A220 aircraft. Pratt & Whitney will provide a full suite of support services with a 12-year EngineWise® Comprehensive agreement. With this order, Air Niugini becomes a first-time GTF customer.

LONDON, July 24, 2024 /PRNewswire/ -- Farnborough Air Show  — Collins Aerospace, an RTX (NYSE: RTX) business, today announced the relocation of its Singapore manufacturing facility to a new, state-of-the-art site in Seletar Aerospace Park, Singapore. This move represents a significant investment of $250 million and will bolster the company's capabilities and commitment to innovation and excellence in the aerospace industry.

Scheduled to begin construction in the fourth quarter of 2025, the new facility is expected to be completed by 2027. This strategic relocation will enable Collins to transfer its operations from the current Bedok site to the new Seletar Aerospace Park location, approximately 15 miles (24 kilometers) away. Production is anticipated to commence in 2028, with dual production capability maintained at the Bedok facility over a multi-year transition plan.

Freebird Airlines gains a connected ecosystem through real-time data insights

LONDON, July 24, 2024 /PRNewswire/ -- Farnborough Air Show – Freebird Airlines has selected Collins Aerospace, an RTX business (NYSE: RTX) to add a comprehensive suite of digital solutions enabling the airline to make proactive decisions to improve operations across its A320 fleet of aircraft.

Freebird Airlines will implement Ascentia®, a cloud-based data management and analytics platform designed to provide a holistic view of aircraft maintenance. Freebird Airlines will use the solution to analyze maintenance data that will enable the air service to predict and reduce aircraft on the ground events, lowering maintenance costs and improving the passenger experience.

SKY becomes first-time Pratt & Whitney customer 

LONDON, July 23, 2024 /PRNewswire/ -- Farnborough Air Show – Pratt & Whitney, an RTX (NYSE: RTX) business, announced today that Chilean-based SKY Airline has entered into a memorandum of understanding to select the GTF engine to power 10 firm Airbus A321XLR aircraft, with options for 29 Airbus A320neo and A321neo aircraft. With this selection, SKY Airline becomes a first-time Pratt & Whitney customer.

"This selection is a testament to SKY Airline's confidence in the GTF engine over the long term," said Rick Deurloo, president of Commercial Engines at Pratt & Whitney. "These engines and aircraft will enable SKY to continue its route expansion while delivering industry-leading fuel efficiency and low CO2 emissions."

F100s rolling off production line bolster ally's military readiness

LONDON, July 23, 2024 /PRNewswire/ -- Farnborough Air Show -- Pratt & Whitney, an RTX (NYSE: RTX) business, has announced the delivery of an F100 engine to Poland. This delivery supports Poland's ongoing efforts to strengthen the readiness of its F-16 fleet, which is powered exclusively by Pratt & Whitney engines.

"This is the first of several engines we'll deliver to our Polish ally this year to ensure they have the propulsion power they need to address current and future threats," said Josh Goodman, senior director of the F100 Program at Pratt & Whitney. "The Pratt & Whitney F100 is the mainstay powerplant for 23 global air forces, and we are seeing increased demand for our latest generation F100 engine."