RBC adjusts ratings on Aerospace & Defense stocks

RBC Capital Markets updated ratings for Aerospace & Defense firms, upgrading RTX and Hexcel, while downgrading General Dynamics and V2X, citing mixed market trends and challenges.

RTX aims to boost India headcount by 14% in 3 years, execs say

RTX Corp aims to hire 1,000 employees in India by 2027, focusing on engineers and data scientists to enhance its global operations.

US State Dept approves possible $807 million sale of missiles to the Netherlands

The U.S. has approved a $807 million missile sale to the Netherlands, with RTX Corp as the principal contractor.

China slaps sanctions on 13 US military firms over Taiwan arms sale

China imposes sanctions on 13 U.S. military firms in response to arms sales to Taiwan, undermining its sovereignty. It also freezes executives' assets and restricts interactions.

Raytheon secures $1.3 billion F-35 engine support contract

Pratt and Whitney secures a $1.3 billion contract to support F-35 propulsion systems, extending maintenance, repair, and management services through 2025.

Explainer-How China could retaliate against new US chip curbs

Washington's semiconductor restrictions on China provoke fears of retaliation from Beijing, including investigations, export controls, and reviews affecting U.S. tech firms amid escalating trade tensions.

World's top 100 defence groups boost arms sales by 4% in 2023, think tank SIPRI says

Analysis-Elliott's $5 billion Honeywell gambit: would a split pay off?

Elliott Investment urges Honeywell to consider a breakup, citing success seen in past corporate separations, although market analysts express caution about projected gains.

US approves potential $744 million sale of missiles to Denmark -State Dept

The U.S. has approved a $744 million missile sale to Denmark, with RTX Corp. as the principal contractor.

US approves $2 billion arms sale to Taiwan including Ukraine tested missile system

The U.S. approved a $2 billion arms sale to Taiwan, including advanced missile systems to enhance defense capabilities amid rising tensions with China.