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Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to reveal two more names on his "Best Stocks in the Market" list.
During President Trump's address to Congress the other day, he unveiled an ambitious proposal to develop a “Golden Dome” missile defense system, inspired by Israel's Iron Dome, aimed at shielding the U.S.
RTX systems will support development of novel, fuel-efficient aircraft design ARLINGTON, Va. , March 6, 2025 /PRNewswire/ -- RTX (NYSE: RTX) has entered into three agreements with JetZero, the developer of a novel blended wing body aircraft, to provide key systems for the airframer's full-scale demonstrator.
RTX (RTX) concluded the recent trading session at $129.64, signifying a +0.73% move from its prior day's close.
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Air travel is a modern miracle, yet I have a love/hate relationship with it. While flying can be uncomfortable, the ability to cross continents in hours is astounding. The aerospace industry is booming, with strong demand and innovation driving growth. I've invested heavily in this sector, betting on its long-term potential. My portfolio focuses on companies with durable moats, strong growth, and dividend potential. Despite risks, I believe aerospace will remain a cornerstone of global connectivity and my investments.
Defense stocks took a tumble heading into 2025 as President Trump returned to the White House for his second term. Trump has stated his intent as a peacemaker to bring the wars in Ukraine and Israel to a halt.
RTX's great prospects have already been observed in the robust backlog growth across commercial and defense end market, thanks to the increased travel trends and higher geopolitical tensions. Combined with the favorable volume/ mix and the higher book to bill ratio, it is unsurprising that the company has reported double beat FQ4'24 performance and robust FY2025 guidance. Even so, readers must note that we may see the US government cut federal spending over the next few years, worsened by the higher tariffs on steel and aluminum.
Continued investment will accelerate path to integrated vehicle test EAST HARTFORD, Conn. , March 4, 2025 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, has completed a series of tests on its rotating detonation engine (RDE) work with the RTX Technology Research Center.
The European Union committed to ramp up security spending just hours after President Donald Trump froze military aid to Ukraine.