score:10
Chances:
- RTX secured a $277 million contract for Excalibur 155 mm projectiles, indicating potential growth opportunities.
- The company is attracting institutional investors, with 81% ownership among them, which could signal investor confidence.
- RTX is involved in the development of advanced technology solutions for the aerospace and defense sector, a growing industry.
Risks:
- Pratt & Whitney engine problems have led to reduced flights by some airlines, potentially impacting RTX’s business.
- RTX stock experienced a decline after disclosing engine defects, which may affect investor sentiment.
- The company operates in the aerospace and defense industry, which can be sensitive to government contracts and geopolitical factors.
Score:10
investment score = chances characters count - risks characters count
References:
- 2023-09-11 RTX to host an investor call to provide an update on Pratt & Whitney GTF fleet on September 11, 2023 at 8:30 a.m. ET
- 2023-09-09 Inadequate Inspections Contributed to Jet-Engine Failure That Dropped Debris Over Colorado Town
- 2023-09-08 RTX Corporation (NYSE:RTX) Stock’s Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
- 2023-09-08 Raytheon logs another successful test fire in Air Force missile program
- 2023-09-07 U.S. Navy awards RTX and Elbit Systems of America a $16 million contract for improved F/A-18 pilot helmet mounted display systems
- 2023-09-06 Jim Cramer and Billionaire Ken Fisher Love These 10 Stocks
- 2023-09-03 Are Investors Undervaluing RTX Corporation (NYSE:RTX) By 38%?
- 2023-09-01 US Air Force, RTX complete first flight test of AIM-120C-8
- 2023-09-01 Key Insights: Why September Matters for RTX Investors
- 2023-08-31 RTX Secures $277M Contract for Excalibur 155 mm Projectiles