The Air Force on Monday canceled RTX Corp.’s ground-control network for the US’s next generation of GPS satellites after years of delays and cost overruns.
The Air Force on Monday canceled RTX Corp.’s ground-control network for the US’s next generation of GPS satellites after years of delays and cost overruns.
A SpaceX Falcon 9 rocket lifts off from launch pad 40 at the Cape Canaveral Space Force Station with the GPS III - SV 08 satellite built by Lockheed Martin, on May 30, 2025.
The US Army is planning to sign a long-term agreement with RTX Corp. to ensure a steady supply of Coyote drone interceptors, a Pentagon official said, with wars in Ukraine and Iran emphasizing the need for cheap ways to down incoming threats.
The US Army is planning to sign a long-term agreement with RTX Corp. to ensure a steady supply of Coyote drone interceptors, a Pentagon official said, with wars in Ukraine and Iran emphasizing the need for cheap ways to down incoming threats.
Top defense contractors including Lockheed Martin Corp. and RTX Corp. are set to meet at the White House as the Pentagon pushes to speed weapons production for an escalating war on Iran.
Top defense contractors including Lockheed Martin Corp. and RTX Corp. are set to meet at the White House as the Pentagon pushes to speed weapons production for an escalating war on Iran.
155 mm caliber shells seen post manufacturing and ready for shipment at an army ammunition plant in Scranton, Pennsylvania.
Defense stocks surged Monday as military attacks escalated across the Middle East, with operations in the region underscoring that air and naval assets remain central to military strategy, which is likely to support the proposed US $1.5 trillion defense funding request. The group has rallied over the past year as global tensions intensified following the conflict between Russia and Ukraine, the US ouster of Venezuelan President Nicolás Maduro, and President Donald Trump’s threats about taking ov
Defense stocks surged Monday as military attacks escalated across the Middle East, with operations in the region underscoring that air and naval assets remain central to military strategy, which is likely to support the proposed US $1.5 trillion defense funding request. The group has rallied over the past year as global tensions intensified following the conflict between Russia and Ukraine, the US ouster of Venezuelan President Nicolás Maduro, and President Donald Trump’s threats about taking over Greenland, which further fueled the rush into defense stocks. Bloomberg Intelligence Senior Defense Analyst Wayne Sanders joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)
RTX Corp. has improved its capability to deliver a key missile for the US Navy but the company’s performance remains below expectations, according to a Pentagon assessment that comes after President Donald Trump singled out the defense contractor in a broader assault on the sector.
RTX Corp. has improved its capability to deliver a key missile for the US Navy but the company’s performance remains below expectations, according to a Pentagon assessment that comes after President Donald Trump singled out the defense contractor in a broader assault on the sector.
The Arleigh-Burke class guided-missile destroyer USS John Paul Jones (DDG 53) launches a Standard Missile-6 (SM-6) during a live-fire test of the ship's aegis weapons system.
RTX Corp. reached deals with the Department of Defense to speed up production of five key weapons, including a new version of the Tomahawk missile designed to target warships, weeks after President Donald Trump singled out the company as “least responsive” to the Pentagon’s needs.
RTX Corp. reached deals with the Department of Defense to speed up production of five key weapons, including a new version of the Tomahawk missile designed to target warships, weeks after President Donald Trump singled out the company as “least responsive” to the Pentagon’s needs.
A Pratt & Whitney RTX F100 military jet engine at the Paris Air Show. Photographer: Matthieu Rondel/Bloomberg
When RTX Corp. executives’ phones started buzzing with the news that President Donald Trump had singled out their company for criticism, they quickly realized they had two options, both fraught: push back or keep quiet.
When RTX Corp. executives’ phones started buzzing with the news that President Donald Trump had singled out their company for criticism, they quickly realized they had two options, both fraught: push back or keep quiet.
A visitor at military aviation technology in the RTX Corp. pavilion at the Paris Air Show in Paris, France, on Wednesday, June 18, 2025. The 55th Paris Air Show runs 16-20 June at Le Bourget airport.
In a head-spinning series of social media posts on Wednesday, President Donald Trump demanded a $500 billion increase in annual defense spending but threatened to cut out some of the companies poised to profit the most from the boost.
In a head-spinning series of social media posts on Wednesday, President Donald Trump demanded a $500 billion increase in annual defense spending but threatened to cut out some of the companies poised to profit the most from the boost.
President Donald Trump speaks during a news conference at the Mar-a-Lago Club in Palm Beach, Florida, on Saturday, Jan. 3, 2026.
President Donald Trump threatened to stop doing business with defense contractor RTX Corp. unless the maker of Patriot missile systems invests more in its production capabilities in a sign of mounting frustrations with the industry.
President Donald Trump threatened to stop doing business with defense contractor RTX Corp. unless the maker of Patriot missile systems invests more in its production capabilities in a sign of mounting frustrations with the industry.
President Donald Trump Photographer: Alex Wong/Getty Images
RTX Corp. and Israeli defense firm Rafael have won a $1.25 billion contract to build surface-to-air missiles for Israel’s Iron Dome air-defense system at a new plant in Arkansas, the joint venture announced.
RTX Corp. and Israeli defense firm Rafael have won a $1.25 billion contract to build surface-to-air missiles for Israel’s Iron Dome air-defense system at a new plant in Arkansas, the joint venture announced.
A missile is launched from the Iron Dome missile system in the city of Ashdod, Israel.
RTX Corp. and Israeli defense firm Rafael have won a $1.25 billion contract to build surface-to-air missiles for Israel’s Iron Dome air-defense system at a new plant in Arkansas, the joint venture announced.
RTX Corp. and Israeli defense firm Rafael have won a $1.25 billion contract to build surface-to-air missiles for Israel’s Iron Dome air-defense system at a new plant in Arkansas, the joint venture announced.
A missile is launched from the Iron Dome missile system in the city of Ashdod, Israel.
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