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RTX

Lockheed solid on F-35, NG earnings plunge on B-21, RTX issues continue (Q1 2025 earnings)

Lockheed solid on F-35, NG earnings plunge on B-21, RTX issues continue (Q1 2025 earnings)

Lockheed Martin delivers $1.7B in profit on solid demand for F-35 and munitions Lockheed Martin posted $1.71 billion in net earnings for Q1 2025, or $7.28 per diluted share, exceeding the prior year’s earnings by over 10 percent. Total sales rose to $17.96 billion, driven
Jason Lee Bakke Apr 23, 2025
Japan to purchase $3.64B in AIM-120 AMRAAM missiles to bolster defense

Japan to purchase $3.64B in AIM-120 AMRAAM missiles to bolster defense

The State Department has approved a potential $3.64 billion foreign military sale to Japan for up to 1,200 AIM-120D-3 and AIM-120C-8 Advanced Medium-Range Air-to-Air Missiles (AMRAAM), alongside related equipment and support. With RTX Corporation as prime contractor, the sale includes missile guidance sections, training variants, propulsion units, and
Jason Lee Bakke Jan 6, 2025
Pratt & Whitney’s GTF engine achieves key FAA certification milestone for Airbus A321XLR

Pratt & Whitney’s GTF engine achieves key FAA certification milestone for Airbus A321XLR

Pratt & Whitney, an RTX business, has secured FAA certification for the PW1100G-JM engine to power the Airbus A321XLR. This milestone marks another step forward for the GTF (Geared Turbofan) program, which has powered over 2,100 aircraft since 2016. The A321XLR, expected to enter service in 2025, boasts extended
Jason Lee Bakke Dec 16, 2024

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