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Inadequate Inspections Contributed to Jet-Engine Failure
Business

Inadequate Inspections Contributed to Jet-Engine Failure

A Pratt & Whitney engine broke down during a United flight to Honolulu in February 2021, showering a Colorado town with metal. Source link

Pratt & Whitney Engine Problems Lead Airlines to Reduce Some Flights
Business

Pratt & Whitney Engine Problems Lead Airlines to Reduce Some Flights

The aerospace and defense company RTX’s bet on single-aisle jetliners has run into quality and durability concerns. Source link

New Engines on Hundreds of Airbus Jets Recalled for Inspection
Business

New Engines on Hundreds of Airbus Jets Recalled for Inspection

RTX said its Pratt & Whitney engines affected by contaminated metal parts. Source link

Lockheed Martin Projects Higher Sales as War Boosts Orders
Business

Lockheed Martin Projects Higher Sales as War Boosts Orders

The defense giant raised its sales guidance as the war in Ukraine is driving orders for missiles. Source link

Lockheed Martin Wrestles With Supply-Chain Issues to Arm Ukraine
Business

Lockheed Martin Wrestles With Supply-Chain Issues to Arm Ukraine

Sales of the defense company’s long-range missiles known as the Guided Multiple Launch Rocket System fell in the latest quarter from a year ago. Source

Freeport-McMoRan (FCX) Declares $0.08 Dividend
Stock Market

Raytheon (RTX) Wins $113M Deal to Support MK 15 CIWS

Raytheon Technologies Corp.’s RTX business segment, Missiles and Defense, recently clinched a modification contract for MK 15 close-in weapon system (CIWS). The award has been

Freeport-McMoRan (FCX) Declares $0.08 Dividend
Business

Guru Fundamental Report for RTX – Martin Zweig

Below is Validea’s guru fundamental report for RAYTHEON TECHNOLOGIES CORP (RTX). Of the 22 guru strategies we follow, RTX rates highest using our Growth Investor

Intel, Raytheon, Other Big Companies Push Back on EU Subsidy Rules
Business

Intel, Raytheon, Other Big Companies Push Back on EU Subsidy Rules

WSJ News Exclusive Europe Companies warn new disclosure requirements could disrupt deals, halt public tenders Source link

Aerospace Executives Go to Trial Over Alleged No-Poach Deals
Business

Aerospace Executives Go to Trial Over Alleged No-Poach Deals

Business Law Justice Department is still trying to win its first trial over alleged criminal labor-market collusion Source link