RTX News

Bloomberg Law • Bernie Pazanowski

Court Upholds Raytheon Retirement Plan Decision

A federal court ruled that Raytheon Co.'s retirement plan correctly calculated a retiree's benefits, dismissing claims for a larger benefit after employment transitions involving Hughes Aircraft.

1 Source

2024-07-26T11:28:55.128156-07:00

Reuters

RTX Raises FY2024 Profit Forecast Amid Aviation Sector Rebound

9 Sources

2024-07-25T03:50:36.863869-07:00

AINonline

Maeve Partners with Pratt & Whitney Canada for M80 Hybrid-Electric Aircraft

13 Sources

2024-07-24T09:18:37.025016-07:00

30 day sentiment avg. Positive

RTX News Timeline

Bloomberg Law

Court Upholds Raytheon Retirement Plan Decision A federal court ruled that Raytheon Co.'s retirement plan correctly calculated a retiree's benefits, dismissing claims for a larger benefit after employment transitions involving Hughes Aircraft.

2024-07-26T11:28:55.128156-07:00

Court Upholds Raytheon Retirement Plan Decision

Wall Street Journal

RTX Allocates $1.24 Billion for Government Investigations Settlement RTX has reserved $1.24 billion to address multiple government probes, including a bribery investigation linked to allegations of corrupt dealings with a member of Qatar's ruling royal family.

2024-07-25T12:19:23.408390-07:00

RTX Allocates $1.24 Billion for Government Investigations Settlement

DefenseNews.com

Space Force Evaluates Future Missile Warning Systems Amid Robust Market Competition Col. Robert Davis from the SSC's Space Sensing Directorate indicated that new studies could influence satellite design and radiation hardening, while competition remains strong despite RTX's exit.

2024-07-25T11:58:35.734107-07:00

Space Force Evaluates Future Missile Warning Systems Amid Robust Market Competition

Reuters

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Embraer Launches P&W Repair Facility in Portugal Amid Soaring Engine Maintenance Demand Embraer's new maintenance hub at its OGMA subsidiary near Lisbon is expected to generate €600 million annually. The facility will service P&W engines, addressing maintenance surges as supply chain issues and frequent repairs challenge the industry.

2024-07-25T10:09:17.769751-07:00

Embraer Launches P&W Repair Facility in Portugal Amid Soaring Engine Maintenance Demand

Reuters

RTX Raises FY2024 Profit Forecast Amid Aviation Sector Rebound RTX has increased its full-year profit outlook for FY2024, buoyed by strong demand in the commercial aviation aftermarket as airlines extend the life of older aircraft due to a shortage of new jets.

2024-07-25T03:50:36.863869-07:00

RTX Raises FY2024 Profit Forecast Amid Aviation Sector Rebound

AINonline

+12

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Maeve Partners with Pratt & Whitney Canada for M80 Hybrid-Electric Aircraft Maeve Aerospace collaborates with Pratt & Whitney Canada to design hybrid-electric propulsion for Maeve's 80-seater M80 regional aircraft. Announced at Farnborough, this partnership aims to set new standards in sustainability and efficiency in the aviation market.

2024-07-24T09:18:37.025016-07:00

Maeve Partners with Pratt & Whitney Canada for M80 Hybrid-Electric Aircraft

AINonline

De Havilland Canada Launches Dash 8-400 Refurbishment, Secures Norwegian Airline Sale De Havilland Canada announced a new refurbishment program for the Dash 8-400 and confirmed the sale of two units to a Norwegian airline, marking a significant stride for the company in the regional aircraft market.

2024-07-24T05:53:02.792318-07:00

De Havilland Canada Launches Dash 8-400 Refurbishment, Secures Norwegian Airline Sale

SpaceNews.com

Raytheon and Avio Enhance U.S. Defense with Solid Rocket Motor Production Raytheon has partnered with Italy's Avio to develop critical solid rocket motors for defense applications, furthering efforts to ensure a resilient U.S. defense industrial base. This collaboration includes fast-prototyping and transitioning to production ready states, integrating expertise from both entities.

2024-07-23T13:06:19.555213-07:00

Raytheon and Avio Enhance U.S. Defense with Solid Rocket Motor Production