RTX overcomes engine setback

The shares of aerospace equipment maker RTX are up 65% since dropping to $69 in October 2023 on the news of a defective jet engine recall. The share price jump is largely because the company significantly expanded its capacity to handle these repairs, which has… Read More

Raytheon has a bright outlook

Commercial air traffic volumes have now rebounded to 80% of their pre-pandemic levels. That continues to spur demand for Raytheon’s aerospace products. The company’s military businesses also benefit as the U.S. and other NATO countries seek to replenish the stockpile of missiles and other weapons… Read More

This pure-play stock is a solid pick

Investors tend to prefer “pure-play” firms as easier to analyze than companies with many businesses. A good example is the April 2020 merger our long-time favourite United Technologies with rival Raytheon to form Raytheon Technologies. It also spun off its building equipment businesses, which let… Read More