Raytheon received a $1.1 billion contract from the U.S. Navy to produce AIM-9X Block II missiles for U.S. and allied forces. The AIM-9X is an advanced infrared tracking missile used for air-to-air and surface-to-air defense, trusted by over 35 allied nations. Raytheon plans to increase production capacity to 2,500 missiles annually, with most work done in Tucson, Arizona, supporting military readiness and strategic defense capabilities. This contract highlights growing demand for advanced defense technology and Raytheon's role in meeting it.
RTX announced its board of directors declared a dividend of 73 cents per share, payable on September 3, 2026, to shareholders recorded by August 14, 2026. This continues RTX's tradition of paying cash dividends every year since 1936, reflecting the c...
An income strategy targeting aerospace and defense, natural gas pipelines, and global infrastructure highlights three companies with strong dividend safety. RTX offers a low payout ratio backed by a $271 billion backlog, making its dividend very safe...
Since April 2025, RTX Corporation's stock has gained 60%, outperforming the S&P 500's 38% rise. The company's focus on peace-through-strength in a multipolar world supports ongoing demand for its defense products like air defense, engines, and sensor...
