Is RTX (RTX) A Bargain As Defense Contracts Lift Revenue Visibility?
RTX (RTX) is back in focus after recent contract wins for Raytheon, including a multi year Tomahawk cruise missile agreement, along with continued Pratt & Whitney investment in military engine manufacturing capacity in Poland. RTX shares closed at US$200.79, with the stock down about 10% on a 30 day share price return and 5% over the past week, following a 12% 90 day share price gain and a 1 year total shareholder r…
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