RTX (RTX) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Although labeled as the peace summit, an international call for an end to Russia’s invasion of Ukraine effectively did little more than harden ideological lines. While a great many support a roadmap to peace that encompasses Ukraine’s territorial integrity, key players – namely Russia and China, along with a few others – believe differently. What can be said is that defense stocks to buy present a cynically positive framework. Unless the Russians agree to pull back their troops – something that
Collins Aerospace, a subsidiary of RTX Corp (NYSE:RTX), is in discussions with the National Aeronautics and Space Administration, famously known as NASA, to withdraw from its contract to develop new spacesuits for the International Space Station (ISS). The move marks a setback for NASA as it grapples with its aging spacewalking suits. The contract, part of a $3.5 billion agreement awarded in 2022, aimed to create new spacesuits for the ISS and future lunar missions. Collins initially received $9