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Raytheon UK launches Red Kite, a cost-effective precision weapon to boost RAF stockpile resilience.

Market News
21 Jul 2026
PRNewsWire
View Source
Bullish
pluang ai news

Raytheon UK introduced Red Kite, its first fully UK-designed precision weapon, aimed at enhancing the Royal Air Force's stockpile resilience with an affordable and scalable solution. Developed with British defense partners using advanced digital engineering, Red Kite leverages the existing Stormbreaker airframe and can be deployed across various air platforms. This initiative supports UK sovereignty in defense manufacturing, sustains around 140 skilled jobs nationwide, and promises faster, cost-effective delivery of critical military capabilities.

More News (RTX)

OpenAI and Anthropic boost lobbying to $3.17M in Q2 ahead of IPOs and midterms

OpenAI and Anthropic boost lobbying to $3.17M in Q2 ahead of IPOs and midterms

OpenAI and Anthropic increased their federal lobbying spending to a record $3.17 million in Q2 2026, up 23% from Q1, as they prepare for upcoming IPOs and the midterm elections. Anthropic spent $1.97 million, surpassing Nvidia, while OpenAI spent $1....

Market News
Neutral
4 hours ago
Collins Aerospace and Etihad Engineering form JV to expand aircraft MRO services in Abu Dhabi.

Collins Aerospace and Etihad Engineering form JV to expand aircraft MRO services in Abu Dhabi.

Collins Aerospace and Etihad Airways Engineering have formed a joint venture to provide maintenance, repair, and overhaul (MRO) services for Airbus A350 and Boeing 787 widebody aircraft in Abu Dhabi. The JV will relocate Collins' nacelle operations t...

Company Fundamentals
Bullish
5 hours ago
Tigerair Taiwan orders 15 Airbus A321neos with fuel-efficient Pratt & Whitney GTF engines.

Tigerair Taiwan orders 15 Airbus A321neos with fuel-efficient Pratt & Whitney GTF engines.

Tigerair Taiwan has signed a Memorandum of Understanding with Pratt & Whitney to equip 15 Airbus A321neo aircraft with GTF engines, including four firm and 11 leased planes. Pratt & Whitney will also provide a 12-year EngineWise maintenance service a...

Market News
Bullish
6 hours ago
Pratt & Whitney Canada invests CAD 275M to upgrade Longueuil manufacturing site

Pratt & Whitney Canada invests CAD 275M to upgrade Longueuil manufacturing site

Pratt & Whitney Canada is investing CAD 275 million to enhance its manufacturing operations at the Longueuil, Quebec facility, its largest site with nearly 4,500 employees. The investment, supported by Canadian and Quebec government agencies, will ad...

Company Fundamentals
Bullish
8 hours ago
Raytheon wins $1.8B contract extension for advanced SPY-6 naval radars, boosting U.S. Navy defense capabilities.

Raytheon wins $1.8B contract extension for advanced SPY-6 naval radars, boosting U.S. Navy defense capabilities.

Raytheon has secured a $1.8 billion contract extension to produce SPY-6 radars for the U.S. Navy, with potential total value reaching $3.3 billion if options are exercised. The SPY-6 radar, already installed on 13 Navy ships and tested at sea, will b...

Market News
Bullish
9 hours ago
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