News  Sources

RTX boosts 2024 forecast again on demand for aircraft repairs,...

RTX has raised its 2024 profit and sales forecasts for the second time due to strong demand for aircraft repairs and defense systems. The company expects full-year adjusted profit per share to be between $5.50 and $5.58, and raised its revenue forecast range to $79.25 billion to $79.75 billion. RTX reported better-than-expected quarterly earnings, with a per-share profit of $1.45 and adjusted sales of $20.1 billion. RTX's unit Pratt & Whitney posted a third-quarter operating profit of $557 million, while Collins Aerospace saw an 18% rise in operating profit to $1.06 billion. Raytheon, another main business of RTX, also reported a higher profit due to demand for products like Patriot missile-defense systems.

Original article source: https://www.dailymail.co.uk/wires/reuters/article-13986995/RTX-boosts-2024-forecast-demand-aircraft-repairs-defense-systems.html
Source Id: 8375221729

share this article:  

Our mission is to provide you with up-to-date, concise news from multiple sources in one place, keeping you informed about Israel.
 
Hit 'Subscribe' to get the latest curated news about Israel delivered daily to your inbox