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181.83000 USD
3.77
2.03%
Last update Jun 22, 3:59 PM EDT
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180.97000
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RTX Corporation
181.83
3.77
2.03%

Overview

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Description

RTX Corporation is a global aerospace and defense company that develops and supplies advanced technologies, systems, and services for commercial, military, and government customers. Headquartered in Arlington, Virginia, it operates through three core segments: Collins Aerospace, Pratt & Whitney, and Raytheon. Collins Aerospace provides avionics, aerostructures, cabin systems, landing gear, and aftermarket services to aircraft manufacturers, airlines, and defense operators. Pratt & Whitney designs, manufactures, and services aircraft engines for commercial airliners, regional and business jets, and military aircraft. Raytheon delivers defense and security solutions, including missile systems, air and missile defense, radars, sensors, command-and-control systems, and cybersecurity capabilities. RTX Corporation plays a significant role in both global commercial aviation supply chains and defense procurement, supporting mission-critical operations, fleet maintenance, and advanced defense architectures for allied nations and institutional clients worldwide.

About

CEO
Mr. Christopher T. Calio J.D.
Employees
180000
Address
1000 Wilson Boulevard
11 Bermudiana Road
Arlington, 22209, VA
United States
Phone
781 522 3000
Website
Instrument type
Common stock
Sector
Industrials
Industry
Aerospace & Defense
Country
United States
MIC code
XNYS
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Latest press releases

Jun 8, 2026
RTX invests $100 million to accelerate radar testing and interceptor production in Rhode Island

Project to bring 150 high-tech jobs to the state

PORTSMOUTH, R.I., June 8, 2026 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, is investing $100 million to expand its Portsmouth, R.I., facility. The expansion will accelerate Lower Tier Air and Missile Defense Sensor (LTAMDS) testing by increasing capacity and boost Patriot® GEM-T subcomponent production to meet growing global demand.

"This investment strengthens our ability to deliver critical air and missile defense capabilities to customers around the world," said Tom Laliberty, president of Land & Air Defense Systems at Raytheon. "Expanding in Portsmouth allows us to scale production, advance LTAMDS testing, and ensure the U.S. Army and our international partners receive these systems as quickly as possible."

The announcement comes eight months after the company broke ground on a $53 million expansion of its Radar Production Facility in Andover, Massachusetts. LTAMDS is a radar designed to defeat advanced threats, including hypersonic weapons.

Raytheon is under contract for multiple LTAMDS radars for the U.S. Army and Poland. The program also recently completed its ninth successful flight test, using the radar's multiple arrays to track and intercept a surrogate target.

The Patriot Advanced Capability-2 (PAC-2) Guidance Enhanced Missile-Tactical (GEM-T) —designed for intercepting all types of airborne threats, including tactical ballistic missiles —is a primary effector for the combat-proven Patriot air and missile defense system.

RTX businesses have operated in Rhode Island for more than 60 years, currently employing more than 850 people. Raytheon's Portsmouth campus plays a critical role supporting undersea technology, combat systems and radars.

About Raytheon

Raytheon, an RTX business, is a leading provider of defense solutions to help the U.S. government, our allies and partners defend their national sovereignty and ensure their security. For more than 100 years, Raytheon has developed new technologies and enhanced existing capabilities in integrated air and missile defense, smart weapons, missiles, advanced sensors and radars, interceptors, space-based systems, hypersonics and missile defense across land, air, sea and space.

About RTX

With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.

For questions or to schedule an interview, please contact corporatepr@rtx.com

 

Cision View original content:https://www.prnewswire.com/news-releases/rtx-invests-100-million-to-accelerate-radar-testing-and-interceptor-production-in-rhode-island-302792737.html

SOURCE RTX

Jun 3, 2026
RTX's Raytheon awarded $515 million contract for SPY-6 family of radars

Contract accelerates integration and test support for the U.S. Navy's most advanced maritime radar

ANDOVER, Mass., June 3, 2026 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has been awarded a $515 million contract from the U.S. Navy for the SPY-6 family of radars. The contract is a follow-on to the Integration and Production Support contract, which was awarded in June 2025, and includes upgrading Flight IIA destroyers with the SPY-6(V)4 variant.

Under the sole source award, Raytheon will provide continued support for the SPY-6 family of radars to the U.S. Navy, including the government of Germany with the potential for other countries to be added under the Foreign Military Sales program.

"With over a decade of demonstrated success at sea, SPY-6 remains the U.S. Navy's most advanced maritime radar, providing the fleet with unmatched sensing power and multi-mission readiness to counter evolving threats," said Barbara Borgonovi, president of Naval Power at Raytheon. "Backed by an $800 million investment to modernize our radar manufacturing facilities, we're accelerating production and are expecting to double SPY‑6 output by 2028."

SPY-6 is now aboard two commissioned U.S. Navy ships and is installed on 11 others, all of which are undergoing various stages of testing. Over the next decade, SPY-6 is expected to be deployed on more than 50 U.S. Navy ships, enhancing defense against air, surface, ballistic and electronic warfare threats.

SPY-6 is one of several radar programs designed and manufactured at Raytheon's Radar Development Facility in Andover, Massachusetts, a 30,000-square foot site supporting the production of diverse types of radars for U.S. and allied forces. This vertically integrated and highly automated site is one of the most advanced in the world, complete with a gallium nitride (GaN) foundry to produce the semiconductors essential for SPY-6 and other Raytheon radars.

Raytheon is actively hiring engineers across multiple disciplines to support this critical program. Interested candidates can learn more by visiting our website.

About Raytheon

Raytheon, an RTX business, is a leading provider of defense solutions to help the U.S. government, our allies and partners defend their national sovereignty and ensure their security. For more than 100 years, Raytheon has developed new technologies and enhanced existing capabilities in integrated air and missile defense, smart weapons, missiles, advanced sensors and radars, interceptors, space-based systems, hypersonics and missile defense across land, air, sea and space.

About RTX

With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.

For questions or to schedule an interview, please contact corporatepr@rtx.com.

Cision View original content:https://www.prnewswire.com/news-releases/rtxs-raytheon-awarded-515-million-contract-for-spy-6-family-of-radars-302789701.html

SOURCE RTX

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Trading Hours (Monday - Friday):

Pre-market
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Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).