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RTX Corporation's (NYSE:RTX) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?![img](/img/external-link.svg)
RTX's (NYSE:RTX) ROE is 4.7%, which is below the industry average of 12%. However, the moderate 12% net income growth over the past five years is definitely a positive. The high three-year median payout ratio of 69% suggests that the company's growth wasn't really hampered despite returning most of its income to its shareholders.
Western arms makers see revenues booming on Ukraine conflict![img](/img/external-link.svg)
Lockheed Martin, General Dynamics, and RTX all reported better than expected results over the past week. The surge in revenues is attributed to the sharp increase in military spending by Western countries.
Do RTX's (NYSE:RTX) Earnings Warrant Your Attention?![img](/img/external-link.svg)
RTX has undergone a massive growth in earnings per share over the last three years. Top-line growth is a great indicator that growth is sustainable, and combined with a high earnings before interest and taxation (EBIT) margin, it's a great way for a company to maintain a competitive advantage in the market.
State delegation in U.S. holds talks with RTX & Intelsat to explore partnerships![img](/img/external-link.svg)
The Karnataka government delegation led by Large and Medium Industries Minister M.B. Patil is on a business promotion visit to the USA. The delegation held talks with RTX (formerly Raytheon), which is the world’s largest aerospace and defence company, Intelsat, and the U.S. India SME Council.
US-Saudi Arms 'Megadeal' Collapses Over Russia, China Links![img](/img/external-link.svg)
US weapons maker RTX, formerly known as Raytheon Technologies, scrubbed a multibillion deal with Saudi firm Scopa Defense earlier this year over "concerns" that the latter was pursuing business with sanctioned Russian and Chinese companies. In 2022, RTX and Scopa signed a memorandum of understanding to build a factory in the kingdom for air defense systems to protect Riyadh from airstrikes. The owner of Scopa, Mohamed Alajlan, told the WSJ that his company has no deals with Russian companies.
WSJ News Exclusive | A Saudi Defense Contractor Courted Russia and China. Then, Its U.S. Business Partners Fled![img](/img/external-link.svg)
American defense giant RTX and a Saudi weapons firm were heading toward a multibillion-dollar deal when it was abruptly called off early this year. The reason, say people familiar with the talks, was RTX's concerns that its Saudi partner’s companies were pursuing business with sanctioned Chinese and Russian entities.
WRAPUP 2-RTX jet engine problem ripples across global...![img](/img/external-link.svg)
RTX says it will have to pull 600 to 700 of its Pratt & Whitney Geared Turbofan (GTF) engines from Airbus A320neo jets for quality inspections. The engine issue was first disclosed in July, but RTX made the extent of the problem clearer on Monday. The announcement caused waves up and down the industry.
Airlines, suppliers warn of hit from RTX engine snag![img](/img/external-link.svg)
U.S. firm RTX says it will have to pull 600 to 700 of its Pratt & Whitney Geared Turbofan (GTF) engines from Airbus A320neo jets. Air New Zealand says issue will further reduce engine availability and will have a "significant" impact on its flight schedule from January 2024.
MTU Aero Shares Extend Losses From Pratt & Whitney Jet Engines Recall![img](/img/external-link.svg)
Shares of MTU Aero Engines continued to fall Tuesday. The German aircraft-engine manufacturer said it was expecting a hit of around 1 billion euros ($1.07 billion) this year. Pratt & Whitney parent RTX said it would recall hundreds of jet engines.
Airlines, suppliers warn of hit from RTX engine snag![img](/img/external-link.svg)
RTX, formerly known as Raytheon, has said it will have to pull 600 to 700 of its Pratt & Whitney Geared Turbofan (GTF) engines from Airbus A320neo jets. Air New Zealand said the issue will further reduce engine availability and would have a "significant" impact on its flight schedule from January 2024.
RTX jet engine problem ripples across global aerospace...![img](/img/external-link.svg)
U.S. firm RTX says it will have to pull 600 to 700 of its Pratt & Whitney Geared Turbofan (GTF) engines from Airbus A320neo jets. The engine issue was first disclosed in July, but RTX made the extent of the problem clearer on Monday. The announcement caused waves up and down the industry, from component manufacturers to airline carriers.
RTX warns of profit hit as 600-700 GTF engines to be...![img](/img/external-link.svg)
RTX warns of profit hit as 600-700 GTF engines to be removed for quality checks. Shares of the company fell 3.6% before the bell. Quality issue relates to a rare condition in powder metal used to manufacture certain engine parts.
With EPS Growth And More, RTX (NYSE:RTX) Makes An Interesting Case![img](/img/external-link.svg)
Over the last three years, RTX has grown earnings per share (EPS) at as impressive rate from a relatively low point, resulting in a three year percentage growth rate that isn't particularly indicative of expected future performance. The company maintained stable EBIT margins over the last year, all while growing revenue 8.1% to US$71b. The growth and insider confidence is looked upon well and so it's worthwhile to investigate further with a view to discern the stock's true value.
Pratt & Whitney Engines on Hundreds of Airbus Jets Recalled for Inspection | Mint![img](/img/external-link.svg)
Hundreds of Airbus jetliners will require inspections after a new problem with their Pratt & Whitney engines. contamination in the metal used to make some engine parts required the planes to be inspected. The inspection of an initial 200 engines over the next several weeks is expected to reduce RTX’s free cash flow by $500 million this year.
General Electric, 3M rise; Raytheon, iRobot fall: Tuesday, 7/25/2023![img](/img/external-link.svg)
Raytheon Technologies Corp. (RTX) down $12.83 to $84.18. General Electric Co. (GE) up $6.36 to $116.61. PulteGroup Inc. (PHM), up $4.79 to $83.32. Sherwin-Williams Co. up $9.98 to $278.
Raytheon Technologies: Q2 Earnings Snapshot![img](/img/external-link.svg)
Raytheon Technologies Corporation (RTX) on Tuesday reported second-quarter earnings of $1.33 billion. The results exceeded Wall Street expectations. The aerospace and defense company posted revenue of $18.32 billion in the period.
General Electric, 3M rise; Raytheon, iRobot fall: Tuesday, 7/25/2023![img](/img/external-link.svg)
Raytheon Technologies Corp. (RTX) down $12.83 to $84.18. General Electric Co. (GE) up $6.36 to $116.61. PulteGroup Inc. (PHM), up $4.79 to $83.32. Sherwin-Williams Co. up $9.98 to $278.
General Electric, 3M rise; Raytheon, iRobot fall: Tuesday, 7/25/2023 | AP News![img](/img/external-link.svg)
Raytheon Technologies Corp. (RTX) down $12.83 to $84.18. General Electric Co. (GE) up $6.36 to $116.61. PulteGroup Inc. (PHM), up $4.79 to $83.32. Sherwin-Williams Co. up $9.98 to $278.
Airlines shares hit turbulence on Alaska's dour forecast, RTX engine problem![img](/img/external-link.svg)
U.S. airlines stocks tumbled on Tuesday as investors were spooked by downbeat forecasts. Alaska Air Group and a warning on jet engines by aerospace giant RTX. United Airlines, American Airlines, Southwest Airlines and Delta Air down between 2.5% and 5%.
US STOCKS-Nasdaq, S&P 500 climb ahead of Big Tech...![img](/img/external-link.svg)
Nasdaq, S&P 500 climb ahead of Big Tech results, Fed rate hike. GE, 3M up on strong full-year profit forecasts. Verizon climbs on surprise rise in subscriber additions. RTX shares tumble on Pratt & Whitney jet engine problem.