Lockheed Martin and Raytheon Technologies have drawn Beijings ire for supplying weapons to Taipei China has imposed sanctions on two major American arms manufacturers, Lockheed Martin and Raytheon Technologies. The decision, which was announced by Chinese Foreign Ministry spokesperson Wang Wenbin on Monday, targets the two companies over their involvement in the supply of American
China has placed U.S. companies Lockheed Martin Corp and Raytheon Technologies Corp under sanctions over U.S. arms sales to Taiwan.

Raytheon announces executive leadership changes

09:43pm, Monday, 14'th Feb 2022 Seeking Alpha
Raytheon Technologies (RTX) has announced executive leadership changes, with Christopher Calio taking helm as the company''s Chief Operating Officer.In the new role, Calio will manage…
Morgan Brennan reports details on defense stocks amid ongoing Russia tensions.
Ukraine Bets On Defense Sector As Russia Escalates
© Reuters. (Reuters) Raytheon Technologies (NYSE:) Corp said it is a target of a U.S. Department of Justice investigation into hiring practices in the aerospace industry, the U.S. aerospace and defense firm said in a filing on Friday. No criminal charge has been filed against the company or its affiliates, the company added. Raytheon
Raytheon Technologies Corporation (RTX) shares closed today at 1.7% below its 52 week high of $96.96, giving the company a market cap of $142B. The stock is currently up 10.5% year-to-date, up 34.4% over the past 12 months, and up 14.8% over the past five years. This week, the Dow Jones Industrial Average rose 0.4%, and the S&P 500 rose 0.6%. Trading Activity Trading volume this week was 0.6% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.9. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Information Technology industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 97.8% The company's stock price performance over the past 12 months beats the peer average by 70.4% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 383.0% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Raytheon a target of DoJ probe into hiring practices

12:01am, Saturday, 12'th Feb 2022 Seeking Alpha
Raytheon Technologies (RTX) said in its latest Form 10-K that it is a target of a U.S
Raytheon Technologies Corp said it is a target of a U.S. Department of Justice investigation into hiring practices in the aerospace industry, the U.S. aerospace and defense firm said in a filing on Friday. No criminal charge has been filed against the company or its affiliates, the company added. Raytheon had received a subpoena […]

Raytheon Technologies declares $0.51 dividend

09:19pm, Friday, 11'th Feb 2022 Seeking Alpha
Raytheon Technologies (RTX) declares $0.51/share quarterly dividend, in line with previous.Payable March 24; for shareholders of record Feb. 25; ex-div Feb
WALTHAM, Mass., Feb. 11, 2022 /PRNewswire/ -- Raytheon Technologies Corporation (NYSE: RTX) announced today that its board of directors declared a dividend of 51 cents per outstanding share of RTX common stock. The dividend will be payable on Mar. 24, 2022, to shareowners of record at the…
Raytheon Technologies Corp said it is a target of a U.S. Department of Justice investigation into hiring practices in the aerospace industry, the U.S. aerospace and defense firm said in a filing on Fr
RTX stock reached a new post-pandemic high on Wednesday, but continues to represent a solid investment with good long-term growth. Q4 results showed that its aerospace segments continued to benefit fr

Carrier Reports 2021 Results and Announces 2022 Outlook

11:30am, Tuesday, 08'th Feb 2022 Benzinga
PALM BEACH GARDENS, Fla. , Feb. 8, 2022 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR ), the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, today reported strong financial results for the fourth quarter capping a full year 2021 that exceeded expectations. The Company projects solid organic growth and adjusted operating margin expansion in 2022 and is well-positioned with a strong balance sheet with significant capital to deploy towards continued value creation. "Our fourth quarter results, including double-digit sales and adjusted net income growth, as well as adjusted operating margin expansion, served as a great conclusion to a year marked by strong execution and innovation. I am very pleased with the strategic progress we made in 2021, including the launches of our global digital platforms for buildings and cold chain solutions, Abound and Lynx," said Carrier Chairman & CEO Dave Gitlin . "We will work to build on our strong momentum as we enter 2022 with record backlog levels.
Raytheon Technologies (RTX) -2.8% post-market following a Bloomberg report that three senior executives in its missiles division - the CFO, VP of contracts and general counsel - have
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