Defense stocks fall despite bump in DoD spending
Federal defense spending has jumped in the past month, but defense stocks don’t appear to be reaping the benefits. While ...
Tag: RTX
Thales, Iridium, Lockheed, RTX report Q3 earnings
Several space and connectivity companies reported third-quarter earnings growth, including Thales, Iridium, Lockheed Martin and RTX. Thales rakes in defense ...
RTX’s long-delayed $7B GPS-tracking network is still troubled, GAO says
A month before its planned delivery after years of delay and cost growth, RTX Corp.’s $7.6 billion ground network to ...
Executives on the move: Mynaric, Firefly Aerospace make CEO changes
Several space and satellite companies made changes to their leadership teams in the past month, including Mynaric, Firefly Aerospace and ...
Commercial satcom spurs revenue growth for defense primes
Defense contractors Northrop Grumman and RTX reported sales growth in the second quarter, led by their space businesses. SDA program ...
RTX reports sales of $19.9B, up 10%
RTX Corp. had positive earnings in the fourth quarter, celebrating strong results and achievements made in 2023. “Air traffic has ...
