RTX - Defense specialist massively benefits from aviation boom and increasing NATO budgets!
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Business driver: RTX (/RTX) is particularly strong in the defense segment, especially as it provides the leading missile defense system with Patriot, while also being well-positioned in cruise missiles ("Tomahawk"), combat drones, laser weapon systems, and engine solutions for fighter jets. In addition, Raytheon is one of the leading providers of engine solutions for passenger aircraft such as the best-selling A320neo, while also benefiting from increasing revenues in the lucrative maintenance and service business. On October 21, RTX surprised...
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