Barnes Aerospace, RTX's Pratt & Whitney Canada Ink Long-Term Extension Of Repair Services Agreement
The agreement allows the companies to collaborate further on developing repairs for new and existing aerospace engines.
The agreement allows the companies to collaborate further on developing repairs for new and existing aerospace engines.
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Company | Date | Price Target | Rating | Analyst |
---|---|---|---|---|
10/3/2024 | $109.00 → $129.00 | Sell → Hold | Deutsche Bank | |
7/31/2024 | $110.00 → $140.00 | Neutral → Buy | BofA Securities | |
7/30/2024 | $134.00 | Neutral → Overweight | Alembic Global Advisors | |
4/18/2024 | $35.00 → $45.00 | Neutral → Buy | DA Davidson | |
3/14/2024 | $100.00 → $120.00 | Equal Weight → Overweight | Wells Fargo | |
1/25/2024 | $78.00 → $100.00 | Underperform → Neutral | BofA Securities | |
1/16/2024 | $88.00 → $94.00 | Outperform → Neutral | Robert W. Baird | |
11/15/2023 | Overweight → Neutral | Redburn Atlantic |
4 - BARNES GROUP INC (0000009984) (Issuer)
4 - BARNES GROUP INC (0000009984) (Issuer)
4 - BARNES GROUP INC (0000009984) (Issuer)
4 - BARNES GROUP INC (0000009984) (Issuer)
4 - BARNES GROUP INC (0000009984) (Issuer)
4 - BARNES GROUP INC (0000009984) (Issuer)
Deutsche Bank upgraded RTX from Sell to Hold and set a new price target of $129.00 from $109.00 previously
BofA Securities upgraded RTX from Neutral to Buy and set a new price target of $140.00 from $110.00 previously
Alembic Global Advisors upgraded RTX from Neutral to Overweight and set a new price target of $134.00
SC 13D/A - BARNES GROUP INC (0000009984) (Subject)
SC 13G/A - BARNES GROUP INC (0000009984) (Subject)
SC 13G/A - RTX Corp (0000101829) (Subject)
PREM14A - BARNES GROUP INC (0000009984) (Filer)
10-Q - BARNES GROUP INC (0000009984) (Filer)
8-K - BARNES GROUP INC (0000009984) (Filer)
Expanded capabilities will support increased Polish Air Force needs RZESZÓW, Poland, Nov. 21, 2024 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE:RTX) business, signed a letter of intent with Wojskowe Zaklady Lotnicze Nr. 2 S.A., also known as WZL2, to explore expanded maintenance repair and overhaul capabilities for increased Polish Air Force needs. "We are identifying ways to increase F100 engine sustainment work in Poland to ensure our Polish ally has the propulsion power they need," said Piotr Owsicki, general director of Pratt & Whitney Rzeszów. "We plan to use existing knowledge and experience, as well as infrastructure testing facilities, to provide the full cycle of F100 engine main
Technology will extend operational reach and counter autonomous systems EL SEGUNDO, Calif., Nov. 14, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE:RTX) business, has been awarded a contract from the U.S. Army to work on directed energy wireless power beaming capabilities that will distribute power across the battlefield, simplify logistics, and safeguard locations for U.S. troops. Work is being conducted as part of a larger effort under the Department of Defense's Operational Energy Strategy. Under the contract, Raytheon's Advanced Technology team will develop advanced wireless power transmitter and receiver technologies to enable a long-range demonstration in line with the needs of U.S. Army
Cockpit upgrade will increase collaboration, operational effectiveness and safety for UK and U.S. operators LONDON, Nov. 12, 2024 /PRNewswire/ -- Collins Aerospace, an RTX business, has received a $19 million contract from the Department of Defense to equip a fleet of new H-47 Chinooks for the UK Royal Air Force with its Common Avionics Architecture System (CAAS) avionics management suite. This cockpit upgrade will make UK Chinooks interoperable with the U.S. Chinooks, using the same avionics system, advance digital cockpit displays and applications. "Interoperability with our allies will be crucial in the future fight, particularly when it comes to maintaining air dominance," said Dave Sch
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
Barnes Shareholders to Receive $47.50 Per Share in Cash Barnes Group Inc. (NYSE:B) ("Barnes" or "the Company"), a global provider of highly engineered products, differentiated industrial technologies and innovative solutions, announced today that it has entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo Global Management, Inc. (NYSE:APO) ("Apollo") (the "Apollo Funds") in an all-cash transaction that values Barnes at an enterprise value of approximately $3.6 billion. The agreement provides that Barnes shareholders will receive $47.50 per share in cash. The per share purchase price represents a premium of approximately 22% over Barnes' undisturbed c
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
Announces Planned Retirements of Chairman Thomas O. Barnes and Lead Independent Director Mylle H. Mangum, and appointment of Richard Hipple as Chair Elect Appoints Irenic Capital Management Co-Founder Adam Katz to the Board Enters into Cooperation Agreement with Irenic Capital Management Barnes Group Inc. (NYSE:B), a global provider of highly engineered products, differentiated industrial technologies, and innovative solutions, today announced the planned retirements of Chairman Thomas O. Barnes and Lead Independent Director Mylle H. Mangum, consistent with the Company's corporate governance retirement policy, effective at the Company's Annual Meeting of Stockholders in May 2024. Mr.