Raytheon Technologies (RTX) Stock

RTX has recently secured a contract to create NGJ-MB ship sets for both the U.S. Navy and the Royal Australian Air Force. This new project will enhance their capabilities.

Nørresundby, Denmark, 28 November 2024 Announcement no. 46/2024 As part of the planned changes in the Board of Directors mentioned before the last annual general meeting in January 2024, Chair Peter Thostrup has decided not to run for re-election at RTX's annual general meeting on 31 January 2025.

Pratt & Whitney, a part of RTX, has signed a letter of intent with Wojskowe Zaklady Lotnicze Nr. 2 S.A. (WZL2) to look into enhancing maintenance, repair, and overhaul services to meet the growing needs of the Polish Air Force. This agreement aims to support the Polish military's requirements more effectively.

Long-range guns are significant weapons that need careful strategy and skill, as elements like gravity and wind can affect a bullet's path. The U.S. military's Long Range Precision Fire program highlights the relevance of these guns in current warfare. A review of various sources has identified the longest-range firearms used by the U.S. military, showcasing their diverse capabilities and specific roles in combat.

RTX's division, Collins Aerospace, has won a contract to provide the U.K. Royal Air Force with its CAAS avionics management system for a new fleet of H-47 Chinook helicopters.

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Collins Aerospace has been awarded a $19 million contract by the Department of Defense to upgrade the cockpit of new H-47 Chinooks for the UK Royal Air Force. This enhancement will allow UK Chinooks to work more effectively with U.S. Chinooks by using the same avionics system and advanced digital displays. The upgrade aims to improve collaboration, operational efficiency, and safety for operators in both countries.

New maintenance, repair, and overhaul services for the GTF engine are set to be available in 2026. On November 7, 2024, Pratt & Whitney and Air New Zealand held a ceremony to mark the start of a $150 million expansion of the Christchurch Engine Centre. This expansion will allow for up to 140 GTF engine overhauls each year by 2032.

RTX's BBN Technologies has received a contract to assist DARPA with its Compartmentalization and Privilege Management (CPM) program. This initiative aims to create a tool that divides software systems into separate sections to help stop the spread of cyberattacks. The announcement was made on November 7, 2024, in Cambridge, Massachusetts.