RTX

RTX’s sales and net profit beat Wall Street’s expectations in the first quarter on the back of strong demand for both its commercial and defense products.

The U.S. Missile Defense Agency seeks to field an “interim capability” against hypersonic glide vehicles by 2029 as the Glide Phase Interceptor slides to 2035.

The timing of the latest mandate is expected to prompt a final spike in engine removals.

Guy Norris talks with CEO Tom Vice about the spinoff-turned-prime’s growth plans as its space defense business surges and its spaceplane prepares for flight.

Norway is to spend an extra 600 billion krone ($56 billion) on defense over the next 12 years, building up a stronger navy and ground-based air defenses.

The U.S. is marshaling unprecedented resources to shore up its chipmaking capabilities. Results thus far are mixed.

Had these transactions happened, the industry today would be almost unrecognizable.

Facing a reduction to its expected budget next year, the military cuts back on near-term aircraft procurement.

Rising demand for weapons stocks is driving a review of European missile manufacturing.

Unplanned PW1000G inspections strain Pratt & Whitney’s parts supply chain.

Boeing was the top revenue generator among the major aerospace companies in 2023 but was also the only Top 10 company to report a net loss.

GlobalFoundries (GF) has been awarded $1.5 billion through the U.S. CHIPS and Science Act that will be used to manufacture secure chips.

Politics, historical context and the workings of the U.S. defense industrial complex are among the reasons.

The supply chain feeding RTX is “broadly” stabilizing and improving, the company’s chief financial officer says.

DARPA grants under the umbrella of REMA have been awarded to Anduril, RTX, Leidos, Northrop Grumman and SoarTech.

Round the world on hydrogen; first-responder VTOL competition; stop-fold tiltrotor; another Chinese eVTOL.

Manufacturers of radars, missiles and system integrators should see a near-decade of exceptional volume and demand.

The running daily average of grounded aircraft—most of them Airbus A320neo-family variants—is expected to be around 350 through 2026.

A new contract awarded to Raytheon aims to expand the application and understanding of high-power microwave weapons beyond capabilities now entering service.

Raytheon has been awarded a $20 million contract to develop an advanced multi-chip package for use in airborne, maritime and ground sensors.

The company has launched a bid to replace the Honeywell Integrated Power Package with a new system offering greater cooling capacity.

RTX closed out 2023 strongly as its fourth-quarter earnings beat Wall Street’s expectations.

The startup details the Quarterhorse flight-test plan as concept design work accelerates for the follow-on Darkhorse hypersonic cruiser.

The agency and airframer are overcoming atmospheric and technical challenges to see how sustainable aviation fuel affects emissions and contrails.

Phil Jasper will become president of Raytheon, with longtime leader Wes Kremer leaving the position Jan. 7, the company has said.