Continued investment will accelerate path to integrated vehicle test EAST HARTFORD, Conn., March 4, 2025 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE:RTX) business, has completed a series of tests on its rotating detonation engine (RDE) work with the RTX Technology Research Center. Positive test results are spurring additional internal investment as Pratt & Whitney works with Department of Defense to accelerate a path to an integrated engine and vehicle ground test in the coming years. "Our testing simulated aggressive assumptions for how and where the rotating detonation engine needs to perform," said Chris Hugill, senior director of GATORWORKS at Pratt & Whitney. "This testing validated

World's most advanced fighter engine continues to deliver on safety and readiness for global F-35 operators EAST HARTFORD, Conn., March 3, 2025 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE:RTX) business, announced today that the F135 engine has surpassed one million engine flight hours powering the F-35 Lightning II. In achieving this milestone, the F135 has established itself as the safest, most capable and reliable fighter engine, delivering superior performance and advanced low-observable technologies for the fifth-generation fighter "The F135 engine plays a critical role in maintaining global air superiority for the U.S. and its allies, as it enables the F-35 mission in even the most c

Technology will provide increased cooling to enable enhanced capabilities on F-35 and future defense and commercial aircraft   WINDSOR LOCKS, Conn., Feb. 28, 2025 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE:RTX) business, has successfully tested a fully functional demonstrator of its next-generation power and thermal management system (PTMS). Targeted as a replacement to the F-35's current PTMS, Collins' Enhanced Power and Cooling System (EPACS) will provide more than double the platform's current cooling capacity—enough to support planned upgrades for the life of the aircraft. This latest milestone follows Collins' announcement in 2024 that EPACS had successfully demonstrated 80 kilowat

First production engine deliveries expected later this year EAST HARTFORD, Conn., Feb. 27, 2025 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE:RTX) business, announced that the GTF Advantage engine has achieved the U.S. Federal Aviation Administration (FAA) type certification for the Airbus A320neo family. The Advantage is the latest engine from the GTF family to be certified. "GTF engines already offer the lowest fuel consumption and CO2 emissions for single-aisle aircraft," said Rick Deurloo, president of Commercial Engines at Pratt & Whitney. "The GTF Advantage engine extends that lead and enhances aircraft capability, providing more thrust and even more value to operators of A320neo fam

Collins to continue outfitting USAF aircraft with next-gen ejection seats that reduce ejection-related injuries COLORADO SPRINGS, Colo., Feb. 25, 2025 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE:RTX) business, has been awarded a contract from Boeing Defense to provide 144 ACES II® ejection seats for the U.S. Air Force's F-15EX fleet. "The F-15EX is the most advanced Eagle ever built, combining cutting-edge technology with a proven airframe, which makes Collins' ACES II ejection seat the perfect fit for this aircraft," said Sharon Tabori, vice president and general manager of Integrated Mission Solutions at Collins Aerospace. "Our ACES family of ejection seats are the safest option avail

 New technology will enhance aircrew survivability and accelerate AI/ML capability deployment GOLETA, Calif., Feb. 24, 2025 /PRNewswire/ -- Raytheon, an RTX business (NYSE:RTX), has successfully completed flight testing on the first-ever AI/ML-powered Radar Warning Receiver (RWR) system for a fourth-generation aircraft. The Cognitive Algorithm Deployment System, known as CADS, combines the latest Embedded Graphics Processing Unit with Deepwave Digital's computing stack, enabling AI models to be integrated into Raytheon's legacy RWR systems for AI/ML processing at the sensor. This integration allows CADS to employ cognitive methods to sense, identify and prioritize threats. With the CADS ca

ELCAN Specter DR dual role sight enhances optical capabilities for NATO allies NUREMBERG, Germany, Feb. 24, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE:RTX) business was awarded an additional multi-million-dollar contract by the Danish Defence Armed Forces for ELCAN Specter DR dual role sights. The NATO Support Procurement Support Agency (NSPA) is the contracting authority. The ELCAN Specter DR sight is a direct-view optic that provides close quarters and precision capability in a single sight. The Specter DR sight switches instantly between magnifications, providing the user with "both eyes open" target acquisition while boresight, eye relief and sight picture remain constant.  "The Spect

Prepares the way for entry into service EAST HARTFORD, Conn., Feb. 21, 2025 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE:RTX) business, today marks the certification of the GTF-powered Airbus A321XLR by the European Aviation Safety Agency (EASA), preparing the way for entry into service. In support of the aircraft certification, updates were made to the PW1100G-JM engine's type certificates to include A321XLR, granted by EASA on February 7, and the U.S. Federal Aviation Administration on December 12, 2024. "The GTF is the most fuel-efficient engine for single-aisle aircraft, and today's certification from EASA is a key milestone for the program," said Rick Deurloo, president of Commercial

Hardware procurement begins for XA103 prototype build and test  EAST HARTFORD, Conn., Feb. 20, 2025 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE:RTX) business, completed the detailed design review of its Next-Generation Adaptive Propulsion (NGAP) offering with the U.S. Air Force. Pratt & Whitney presented directly from its collaborative digital environment, providing reviewers with immediate access to all the data and material to satisfy the stringent criteria. Passing this fully digital evaluation allows the team to begin procuring hardware for the construction of its XA103 prototype ground demonstrator, which is expected to test in the late 2020s. "The significance of this first fully di

Contract will improve readiness and reduce costs for more than 400 engines EAST HARTFORD, Conn., Feb. 20, 2025 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE:RTX) business, secured a three-year contract valued up to $1.5 billion to sustain F119 engines, which power the U.S. Air Force's F-22 fighter jets. The contract will improve readiness and reduce costs for an F119 fleet of more than 400 engines that have flown over 900,000 engine flight hours. "The F119's readiness and reliability rates have never been more important, and we are improving both while lowering lifecycle costs," said Jill Albertelli, president of Military Engines at Pratt & Whitney. "We are committed to helping our U.S. Air

ARLINGTON, Va., Jan. 31, 2025 /PRNewswire/ -- RTX (NYSE:RTX) announced today that its Board of Directors declared a dividend of 63 cents per outstanding share of RTX common stock. The dividend will be payable on March 20, 2025 to shareowners of record at the close of business on Feb. 21, 2025. RTX has paid cash dividends on its common stock every year since 1936. About RTXWith more than 185,000 global employees, RTX pushes the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – we are advancing aviation, engineering integrated defense systems, and developing next-generatio

RTX exceeds 2024 sales and EPS expectations*; Expects continued sales, earnings, and cash flow growth in 2025 ARLINGTON, Va., Jan. 28, 2025 /PRNewswire/ -- RTX (NYSE:RTX) reports fourth quarter 2024 results and announces 2025 outlook. Fourth quarter 2024 Sales of $21.6 billion, up 9 percent versus prior year, and up 11 percent organically* excluding divestituresGAAP EPS was $1.10 and included $0.30 of acquisition accounting adjustments and $0.14 of restructuring and other net significant and/or non-recurring chargesAdjusted EPS* of $1.54, up 19 percent versus prior yearOperating cash flow of $1.6 billion; free cash flow* of $0.5 billionCompany backlog of $218 billion; including $125 billion

ARLINGTON, Va., Jan. 7, 2025 /PRNewswire/ -- RTX (NYSE:RTX) will issue its fourth quarter and full year 2024 earnings results on Tuesday, January 28, prior to the stock market opening. A conference call will take place at 8:30 a.m. ET to discuss the results and the Company's outlook for 2025. The conference call will be webcast live on the company's website at www.rtx.com and will be available for replay following the call. A presentation corresponding with the conference call will be available for downloading prior to the call. About RTXWith more than 185,000 global employees, RTX pushes the limits of technology and science to redefine how we connect and protect our world. Through industry

RTX delivers strong operational performance;Increases 2024 outlook for adjusted sales* and adjusted EPS* ARLINGTON, Va., Oct. 22, 2024 /PRNewswire/ -- RTX (NYSE:RTX) reported third quarter 2024 results. Third quarter 2024 Reported sales of $20.1 billionAdjusted sales* of $20.1 billion, up 6 percent versus prior year, and up 8 percent organically* excluding the divestiture of the Cybersecurity, Intelligence and Services businessGAAP EPS was $1.09 and included $0.31 of acquisition accounting adjustments and $0.05 of restructuring and other net significant and/or non-recurring chargesAdjusted EPS* of $1.45, up 16 percent versus prior yearOperating cash flow of $2.5 billion; Free cash flow* of

ARLINGTON, Va., Oct. 9, 2024 /PRNewswire/ -- RTX (NYSE:RTX) announced today that its Board of Directors declared a dividend of 63 cents per outstanding share of RTX common stock. The dividend will be payable on Dec. 12, 2024 to shareowners of record at the close of business on Nov. 15, 2024. RTX has paid cash dividends on its common stock every year since 1936. About RTXWith more than 185,000 global employees, RTX pushes the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – we are advancing aviation, engineering integrated defense systems, and developing next-generation

ARLINGTON, Va., Oct. 1, 2024 /PRNewswire/ -- RTX (NYSE:RTX) will issue its third quarter 2024 earnings Tuesday, October 22, prior to the stock market opening. A conference call will take place at 8:30 a.m. ET. The conference call will be webcast live on the company's website at www.rtx.com and will be available for replay following the call. A presentation corresponding with the conference call will be available for downloading prior to the call. About RTXWith more than 185,000 global employees, RTX pushes the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – we are adva

RTX delivers solid operational performance and 8% sales growth; Increases 2024 outlook for adjusted sales* and adjusted EPS*, revises free cash flow* ARLINGTON, Va., July 25, 2024 /PRNewswire/ -- RTX (NYSE:RTX) reported second quarter 2024 results. Second quarter 2024 Reported sales of $19.7 billion, up 8 percent versus prior year and up 10 percent on an organic* basisAdjusted sales* of $19.8 billion, up 8 percent versus prior yearGAAP EPS was $0.08 and included $0.29 of acquisition accounting adjustments and $1.04 of other net significant and/or non-recurring items and restructuring, including $0.03 of restructuring and other non-recurring items, a $0.68 charge related to the expected reso

ARLINGTON, Va., July 2, 2024 /PRNewswire/ -- RTX (NYSE:RTX) will issue its second quarter 2024 earnings Thursday, July 25, prior to the stock market opening. A conference call will take place at 8:00 a.m. ET. The conference call will be webcast live on the company's website at www.rtx.com and will be available for replay following the call. A presentation corresponding with the conference call will be available for downloading prior to the call. About RTX      With more than 185,000 global employees, RTX pushes the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – we are

ARLINGTON, Va., June 3, 2024 /PRNewswire/ -- RTX (NYSE:RTX) announced today that its Board of Directors declared a dividend of 63 cents per outstanding share of RTX common stock. The dividend will be payable on Sept. 5, 2024 to shareowners of record at the close of business on Aug. 16, 2024. RTX has paid cash dividends on its common stock every year since 1936. About RTXWith more than 185,000 global employees, RTX pushes the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – we are advancing aviation, engineering integrated defense systems, and developing next-generation

ARLINGTON, Va., May 2, 2024 /PRNewswire/ -- RTX (NYSE:RTX) announced today that its Board of Directors declared a dividend of 63 cents per outstanding share of RTX common stock, which represents an increase of 6.8 percent over the prior quarter's dividend amount. The dividend will be payable on June 13, 2024 to shareowners of record at the close of business on May 17, 2024. "The growth of RTX's dividend reflects our confidence that our portfolio is strong and demand for our products continues to grow," said RTX President and CEO Chris Calio. "We are on track to return between $36 and $37 billion of capital to shareowners through dividends and share repurchases from the date of the merger th

Gregory J. Hayes to Serve as Special Advisor ARLINGTON, Va., Feb. 3, 2025 /PRNewswire/ -- The RTX Corporation (NYSE:RTX) Board of Directors has elected President and Chief Executive Officer Christopher T. Calio as Chairman of the Board, effective April 30, 2025. This action follows notice to the Board by Gregory J. Hayes, RTX Executive Chairman, of his decision to step down as Executive Chairman and as a member of the Board prior to the company's 2025 annual meeting. Mr. Hayes has served as Executive Chairman of the Board since May 2024. Prior to that, he served as President and CEO of RTX, following the 2020 merger of Raytheon Company and United Technologies, where he was Chairman and CEO.

ARLINGTON, Va., July 17, 2024 /PRNewswire/ -- RTX (NYSE:RTX) today announced Troy Brunk has been appointed president of Collins Aerospace and will report to RTX president and chief executive officer Christopher Calio. Brunk, a 30-year aerospace and defense veteran, succeeds Stephen Timm who has decided to retire. "Having led three of the six strategic business units at Collins Aerospace, Troy has a deep understanding of the portfolio and its customers," said Calio. "Troy's decades of industry experience and leadership make him the right person to lead Collins into its next phase of growth." Brunk has served in a variety of Collins Aerospace leadership positions including president of the Av

Portfolio of projects will generate millions of kilowatt hours of clean electricity Collins Aerospace, an RTX (NYSE:RTX) business, and Common Energy, a leading community solar provider, today announced a partnership to support a portfolio of four new community solar projects across the greater Portland area. In aggregate, the projects have a capacity of 12 megawatts and will generate 17 million kilowatt hours of clean energy each year. Clean electricity from the projects will flow directly to the electric grid and replace fossil fuel generation, thereby lowering carbon emissions and benefiting the broader Portland community. The projects will be owned and operated by Luminace, a wholly o

Juan M. de Bedout to succeed Russell as RTX Chief Technology Officer ARLINGTON, Va., Dec. 19, 2023 /PRNewswire/ -- RTX (NYSE:RTX) today announced Mark E. Russell, chief technology officer and senior vice president, will retire from his role effective Jan. 1, 2024. He will continue in an advisory role with the company. "With more than 40 years of service, Mark's long and distinguished career at RTX has demonstrated his strong commitment to solving complex problems to meet customer needs and a dedication to engineering and technology excellence," said President and Chief Operating Officer Christopher T. Calio. "We appreciate and thank Mark for all his contributions to RTX." Juan de Bedout wa

Hayes to serve as executive chairman; Calio elected to the company's board of directors ARLINGTON, Va., Dec. 14, 2023 /PRNewswire/ -- In a planned leadership transition, RTX (NYSE:RTX) today announced that President and Chief Operating Officer Christopher T. Calio will succeed Gregory J. Hayes as chief executive officer at the 2024 RTX Annual Shareowners Meeting scheduled for May 2. Hayes will continue to serve as executive chairman of RTX. Calio was also appointed to the company's board of directors effective today. "Today's announcement reflects the Board's deliberate, disciplined succession planning process," said chairman and CEO Greg Hayes. "Chris has a deep understanding of the indust

ARLINGTON, Va., Nov. 22, 2023 /PRNewswire/ -- RTX (NYSE:RTX) today announced the appointment of Fredric G. Reynolds as lead independent director. Mr. Reynolds replaces Dinesh C. Paliwal who will step down from the Board, effective December 1, 2023. "On behalf of the Board, the RTX management team and our shareholders, I would like to thank Dinesh for his service on our Board of Directors," said Gregory J. Hayes, Chairman and CEO of RTX.  "His contributions over the past three and a half years as lead independent director have been extremely helpful in establishing RTX as the world's leading aerospace and defense company, and we wish him the very best in the future." "It has been an honor to

Space and defense veteran to lead combined global, U.S. high-growth business unit Intelsat, operator of one of the world's largest integrated satellite and terrestrial networks and leading provider of connectivity to the U.S. Government, has tapped David J. Broadbent as its new President, Government Solutions. Effective today, Broadbent is responsible for Intelsat's government business globally and joins the company's seven-member Management Committee. He reports to Intelsat Chief Executive Officer David C. Wajsgras. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231113052338/en/David J. Broadbent will be responsible for Intel

EAGAN, Minn., June 20, 2023 (GLOBE NEWSWIRE) -- Predictive Oncology Inc. (NASDAQ:POAI), a science-driven company leveraging its proprietary artificial intelligence and machine learning capabilities, extensive biorepository of tumor samples, Clinical Laboratory Improvement Amendments (CLIA) laboratory and Good Manufacturing Practices (GMP) facility, to accelerate oncology drug discovery and enable drug development, today announced the appointment of Dr. Bernard A. Harris, Jr. to its newly-formed Business Advisory Board (BAB). "I am very pleased to welcome Dr. Harris to our new Business Advisory Board," said Raymond F. Vennare, Chief Executive Officer of Predictive Oncology. "As we continue

ARLINGTON, Va., Jan. 16, 2023 /PRNewswire/ -- Raytheon Technologies (NYSE:RTX) today announced that its board of directors has elected Leanne G. Caret as a director. Caret is an experienced aerospace and defense industry leader, most recently serving as executive vice president and senior advisor for The Boeing Company. "Leanne Caret is one of the most accomplished leaders in our industry," said Raytheon Technologies Chief Executive Officer and Chairman Greg Hayes. "With a focus on rapid deployment of highly complex systems, she has driven development of groundbreaking technol

WALTHAM, Mass., March 16, 2022 /PRNewswire/ -- Barbara Borgonovi has been named Raytheon Technologies' (NYSE:RTX) senior vice president of Corporate Strategy & Development, effective April 1, 2022. Borgonovi will report to Chairman and Chief Executive Officer Gregory Hayes and serve as a member of the executive leadership team and will be responsible for developing corporate strategies that enhance profitability and performance, and for assessing merger and acquisition opportunities to drive overall company growth. "Barbara brings to this critical role two decades of leaders