Next-generation capability supports critical maritime security operations
MCKINNEY, Texas, July 28, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business launched its newest Multispectral Targeting System variant, MTS-A HD, that offers significant visual enhancements for maritime helicopter operations.
This next-generation variant delivers improved targeting precision, imaging clarity, and expanded operational flexibility for naval helicopter platforms. Raytheon is collaborating with industry and commercial partners on the new variant to accelerate production and reduce system costs.
Pioneer of radial engine design continues to build on its legacy of aircraft propulsion innovation
EAST HARTFORD, Conn., July 22, 2025 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, today celebrates one hundred years since being incorporated and revolutionizing military and commercial aviation with its R-1340 Wasp radial engine. A century later, Pratt & Whitney's products have helped shape the modern world and the company continues to be a global leader in aircraft propulsion technology, with more than 90,000 engines in service, powering all types of fixed-wing aircraft and helicopters.
RTX delivers 9% sales growth with strong commercial aftermarket and operational performance in Q2; Robust demand with RTX Q2 book-to-bill of 1.86
ARLINGTON, Va., July 22, 2025 /PRNewswire/ -- RTX (NYSE: RTX) reports second quarter 2025 results.
Second quarter 2025
Sales of $21.6 billion, up 9 percent versus prior year, and up 9 percent organically* excluding divestituresGAAP EPS of $1.22, including $0.28 of acquisition accounting adjustments and $0.06 of restructuring and other net significant and/or non-recurring itemsAdjusted EPS* of $1.56, up 11 percent versus prior yearOperating cash flow of $0.5 billion; free cash outflow* of $0.1 billionCompany backlog of $236 billion, including $144 billion of commercial and $92 billion of defenseReturned $0.9 billion of capital to shareowners and raised the quarterly dividend 8 percentReached agreement to sell Collins' Simmonds Precision Products business for $765 millionSystem is the world's most modern short range ship self-defense weapon
LOUISVILLE, Ky., July 14, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, was awarded a $74 million contract to produce RAM Guided Missile Launching Systems (GMLS) for the U.S. Navy.
Under the contract, Raytheon will provide several new launcher systems, refurbishments on current systems, and hardware required to support upgrades as well as various spares.
"This contract marks the largest single order of U.S. RAM launchers in over two decades and will ensure our naval assets remain well-protected against anti-ship threats," said Barbara Borgonovi, president of Naval Power at Raytheon. "Our continued investment in modernizing production capacity enables us to meet the growing global demand for the world's most modern short range ship self-defense weapon system."
Testing proves maturity as program moves closer to initial operational capability
PORTSMOUTH, R.I., July 8, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has successfully demonstrated its Barracuda mine neutralization vehicle in an untethered, semi-autonomous operation for the first time during recent open water testing in Narragansett Bay.
During the demonstration, Raytheon's Barracuda proved its ability to autonomously navigate, communicate, detect and identify targets, and operate independently underwater.
ARLINGTON, Va., July 1, 2025 /PRNewswire/ -- RTX (NYSE: RTX) will issue its second quarter 2025 earnings results on Tuesday, July 22, prior to the stock market opening. A conference call will take place at 8:30 a.m. ET to discuss the results.
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 RTX RTX is the world's largest aerospace and defense company. With more than 185,000 global employees, we push 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 for operational success, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2024 sales of more than $80 billion, is headquartered in Arlington, Virginia.
ARLINGTON, Va., June 27, 2025 /PRNewswire/ -- RTX (NYSE: RTX) announced today that its Board of Directors declared a dividend of 68 cents per outstanding share of RTX common stock. The dividend will be payable on September 4, 2025 to shareowners of record at the close of business on August 15, 2025.
RTX has paid cash dividends on its common stock every year since 1936.
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 2024 sales of more than $80 billion, is headquartered in Arlington, Virginia.
Contract represents the latest milestone in the companies' longstanding partnership
TUCSON, Ariz., June 24, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has been awarded a $250 million contract from Japan's Mitsubishi Electric Corporation (MELCO) for ESSM Block 2 licensed production.
Under the Direct Commercial Sale contract, Raytheon will provide missile kits, parts, and components as well as technical support for missile production at MELCO in Japan.
"This innovative licensed production arrangement is the culmination of decades of partnership," said Barbara Borgonovi, president of Naval Power at Raytheon. "As Japan invests in this critical weapon system, it will strengthen their defense capabilities while reinforcing the vital security alliance between our nations."
Announcement brings order total to 453 GTF-powered aircraft
PARIS, June 17, 2025 /PRNewswire/ -- PARIS AIR SHOW -- Wizz Air (LSE: WZZ.L), Pratt & Whitney, an RTX (NYSE: RTX) business, announced today that Wizz Air has selected the Pratt & Whitney PW1100G-JM geared turbofan (GTF) engine to power its 177 firm Airbus A321neo aircraft, following prior shareholder approval of the aircraft purchase. Wizz Air previously selected Pratt & Whitney's GTF engine to power 276 Airbus A320neo, A321neo and A321XLR aircraft in both 2016 and 2020. Today's announcement brings their order total to 453 aircraft powered by GTF engines, reinforcing its commitment to efficient and sustainable operations. Additionally, Pratt & Whitney will provide Wizz Air with engine maintenance through a long-term EngineWise® Comprehensive service agreement.
Madrid-based shop becomes 21st GTF MRO facility
PARIS, June 17, 2025 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, announced it will expand its global network of GTF engine maintenance providers to include ITP Aero ("ITP"). The Madrid-based facility will maintain the PW1500G engine for the Airbus A220 family and the PW1900G for the Embraer E-Jets E2 family with full maintenance, repair and overhaul (MRO) services and test capability. ITP will become the 21st shop in the GTF MRO network and the eighth in Europe.
First project under NASAMS collaborative arrangement
PARIS, June 17, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, in collaboration with the Norwegian government and Kongsberg Defence and Aerospace, announced that the Kingdom of Norway will join in the development of the GhostEye® radar, an advanced mobile medium-range air and missile defense sensor for the National Advanced Surface-to-Air Missile System, or NASAMS®. The radar will be designed and developed by Raytheon in the United States, with key radar subassemblies co-developed by Kongsberg in Norway.
Additive manufacturing will increase delivery speed and improve part durability
PARIS, June 17, 2025 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, has successfully completed a series of tests on its 3D printed TJ150 turbine wheel. Positive test results mark a significant step forward in Pratt & Whitney's additive manufacturing capabilities as the turbine wheel is one of the first rotating parts to be 3D printed.
The TJ150 is a compact, high-performance turbojet engine that can be manufactured quickly and has proven reliability. With 150-pounds of thrust, it is designed to power a variety of autonomous systems and weapons.
Future flight-testing targets 30% improved fuel efficiency for regional turboprops
PARIS, June 16, 2025 /PRNewswire/ -- Pratt & Whitney Canada announces a new milestone in the RTX Hybrid-Electric Flight Demonstrator project, by testing the integrated propulsion system and batteries to full power. While ground testing of the hybrid-electric propulsion system continues in Longueuil, Quebec, Pratt & Whitney Canada has selected AeroTEC to support future flight testing of the De Havilland Canada Dash 8-100 experimental aircraft. Pratt & Whitney is an RTX (NYSE: RTX) business.
Companies will target continued improvements to aircraft fuel efficiency, durability and operating costs
PARIS, June 16, 2025 /PRNewswire/ -- ATR and Pratt & Whitney Canada today announce their intent to collaborate on the development of advanced propulsion technology for regional turboprop aircraft, shaping the future of low-emission regional aviation. This collaboration aims to leverage and extend the industry-leading performance of ATR aircraft equipped with Pratt & Whitney Canada PW127XT engines and explore technologies for the next-generation aircraft, including ATR's 'EVO' concept. Pratt & Whitney is an RTX (NYSE: RTX) business.
TJ150 turbojet engines will power the multi-use Black Arrow missile
PARIS, June 16, 2025 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, has secured a contract from Dynetics, a Leidos company, to supply TJ150 engines to be integrated with their Small Cruise Missile, known as Black Arrow.
The TJ150 is a compact, high performance turbojet engine that can be manufactured quickly. It has proven reliability and scalability in both production and size. With 150-pounds of thrust, it can light and operate at high altitudes and is designed to power a variety of autonomous systems and weapons for domestic and international customers.
GTF maintenance agreement supports airline's long-term fleet plans
PARIS, June 16, 2025 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, and Cebu Pacific (CEB) have signed a long-term EngineWise™ comprehensive maintenance services agreement for the airline's GTF engine fleet. This agreement aligns Cebu Pacific's maintenance costs to the utilization of the airline's engines.
"The agreement reflects our ongoing collaboration with Cebu Pacific to optimize the reliability and efficiency of their fleet," said Rick Deurloo, president of Commercial Engines at Pratt & Whitney. "It underscores our commitment to enabling our customer's network expansion and growth."
Follow on order will bring the airline's total commitment to 235 GTF-powered aircraft, including already delivered aircraft
PARIS, June 16, 2025 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, and Frontier Airlines (Nasdaq: ULCC) today announced the selection of Pratt & Whitney GTF™ engines to power 91 Airbus A321neo aircraft, with the first of these aircraft currently scheduled for delivery in Q4 2026. Pratt & Whitney will also provide Frontier Airlines with engine maintenance through a long-term EngineWise® Comprehensive service agreement. This latest order will bring the airline's total commitment to 235 GTF-powered A320neo family aircraft, including already delivered aircraft.
Engine upgrade option derived from GTF Advantage technology will nearly double time on wing
PARIS, June 16, 2025 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, is introducing Hot Section Plus (HS+), an upgrade option for the PW1100G-JM engine that powers the Airbus A320neo aircraft family. Derived from the Pratt & Whitney GTF Advantage™ engine, which will offer twice the time on wing of today's Pratt & Whitney GTF™ engine, HS+ will provide 90 to 95% of the GTF Advantage's durability benefits.
Company opens new engineering center of excellence in the UK and an aerostructures production line in France
PARIS, June 9, 2025 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, expanded its aircraft electrification capabilities with the introduction of a new engineering center of excellence in Wolverhampton, UK, and a new electric thrust reverser actuation systems (elecTRAS™) production line in Colomiers, France. The Wolverhampton center focuses on developing next-generation electric thrust reverser actuation systems for commercial aircraft, featuring state-of-the-art design and test capabilities, and the Colomiers facility will handle the final assembly of these advanced electric systems, enhancing production efficiency and capacity.
Production continues for U.S. Navy's most advanced maritime radar
ANDOVER, Mass., June 9, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, was awarded a $646 million contract to continue producing AN/SPY-6(V) radars for the U.S. Navy. This is the fourth option exercised from the March 2022 hardware, production and sustainment contract that is valued up to $3 billion over five years.
Under this contract, the U.S. Navy will receive four additional radars, increasing the total amount of radars under contract for procurement to 42.
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