RTX Corporation (RTX, formerly Raytheon Technologies): Co-produces the Iron Dome missile defense system with Israel’s Rafael Advanced Defense Systems.
L3Harris Technologies (LHX): Partners with Israel Aerospace Industries (IAI) on airborne early warning systems and supplies radios and night vision goggles.
What happened? What should I do?
I mean truly like I'm 5. Idk what's wrong with me, but my brain ACTUALLY refuses to learn about 401k's or the Stock Market. So, I don't want to be 78 with all RTX stocks. Haha.
Help!
Should I be moving things?
Videos
How does a manager gets awarded stock options or enroll in one? Or take a pay cut to get stock options?
They just hit a 52 week low on bad news (some of their a320 turbines have casting imperfections and will require rebuilds), causing a 25% haircut
Morningstar evaluated this and sees no long term impact, I'm struggling to see one myself. In the short term profits will be down due to being out of pocket for the repairs but ultimately this is s wide moat stock trading at a claimed 32% discount to fair value. Since they're also a defense play they should be relatively insulated from any recession nonsense next year.
Convince me this is a bad play before I throw more money at it
Someone help me understand this new email that just came out. To me, it sounds like instead of matching with cash like they did before, they are now providing that match by giving us an equivalent amount of stock from what they already own (or bought back), which we then have to sell/trade to diversify like we might have been doing previously?
It’s dropped in the past few days to $50-60 range. Bound to bounce back right?
It dropped because the merger vastly expanded the pool of shares outstanding (Raytheon stock split 2.334:1, plus the UtX shares) and gained exposure to civilian aerospace (which is in the shitter right now)
Personally I'm long RTX and will happily buy in as long as the P/E remains as low as it is. If Raytheon goes to an industry comparable pre-crash P/E once corona is over, it could potentially be a $200 stock. NOC for example is currently trading at 24 P/E, and that's after falling 20%.
Trying to buy $RTX but my broker isn't closing on transactions on RTX stock for some reason. Tried a few times yesterday and no joy.
I'm wanting in for the long term with them.
So we all know we're getting average to below average raises this year let's skip that vent session and bonus a toss up if they're truly profit sharing should be "on target" with a small cut to Jasper's yacht fund.
So what's the thinking these days should you choose to stay in an otherwise, cold/lukewarm job market to hop around?
There is every indication since the merger that, despite protecting the warfighter as the tagline, it's been about the shareholder. As you get your raise just remember shareholders got to eat too /s
So I'm curious then, I get the matching to rtx stock was unpopular, but in the current environment, shouldn't we make a logical choice here rather than one out of emotion? I'm torn currently as I think keeping the match/or upping my stock % amount would make sense 1.) it's all rtx cares about right now, eff our salaries, more profits to report and 2.) if there's any indication with the administration, they are going to reduce business tax rates even further, getting Calio his new G6.
The alternative of course, is likely the total market/sp500, which has basically doubled rtx at 79% to 32% last 5 years, though now so heavily weight in tech land.
So while it'll vary for all depending on your balances, I do feel like some stock makes sense going forward. What am I missing or thoughts? Or too complicated and keep sp500 spread the bets?
It seems counter intuitive since there’s two wars in action which America is pulling strings in both. All it takes is China to say the word Taiwan with a mean look on their face to get war-mongers reeling. Is there something I’m missing with RTX?
Raytheon Technologies: RTX
Raytheon Technologies Corp. engages in the provision of aerospace and defense systems and services for commercial, military, and government customers. It operates through the following segments: Collins Aerospace Systems, Pratt and Whitney, Raytheon Intelligence and Space, and Raytheon Missiles and Defense. The Collins Aerospace Systems segment specializes in the aero structures, avionics, interiors, mechanical systems, mission systems, and power controls. The Pratt and Whitney segment includes design and manufacture of aircraft engines and auxiliary power systems for commercial, military, and business aircraft. The Raytheon Intelligence and Space segment involves in the development of sensors, training, and cyber and software solutions. The Raytheon Missiles and Defense segment offers end-to-end solutions to detect, track, and engage threats. The company was founded in 2020 and is headquartered in Waltham, MA.
Currently trading at $72. ATH of $92 pre-covid
2.62% dividend
1y Target Est $84.88
I see this stock surpassing $100 easily in the next two years.
Four out of Four of the last major wars took place during Democrat administrations.
Tensions are very high between the USA and China. They have been actively performing cyber warfare attacks and espionage.
China is aggressively expanding in to the South China Sea
Raytheon is performing better than competitor Lockheed Martin, who is feeling the Covid pain much more due to much more commercial aerospace exposure.
Raytheon has just won a $291M deal to support additional F-35 for Naval Air Systems Command
Raytheon technologies stock set to soar
Rated "Strong buy or buy"
Raytheon is performing better than competitor Lockheed Martin, who is feeling the Covid pain much more due to much more commercial aerospace exposure.
Where are you getting this from?
From P. 48, emphasis mine:
Space’s net sales in 2020 increased $1.0 billion, or 9%, compared to 2019. The increase was primarily attributable to higher net sales of approximately $525 million for government satellite programs due to higher volume (primarily Next Gen OPIR); and about $430 million for strategic and missile defense programs due to higher volume (primarily hypersonic development programs, inclusive of impacts due to the acquisition of i3's hypersonics portfolio in November 2020).
Space’s operating profit in 2020 decreased $42 million, or 4%, compared to 2019. Operating profit decreased approximately $90 million for government satellite programs due to lower risk retirements on the various programs (primarily AEHF) that were partially offset by higher risk retirements and volume on the Next Gen OPIR program. This decrease was partially offset by increases of $40 million for commercial satellite programs due to charges recorded for performance matters in 2019 not repeated in 2020. Operating profit for strategic and missile defense programs was comparable as higher risk retirements and volume on hypersonic development programs were offset by lower risk retirements and volume on fleet ballistic missile programs. Adjustments not related to volume, including net profit booking rate adjustments, were $100 million lower in 2020 compared to 2019.
Backlog decreased in 2020 compared to 2019 primarily due to higher sales on multi-year contracts awarded in prior years. Additionally, backlog as of December 31, 2020 reflects a decrease due to the UK Ministry of Defense’s intent to assume 100% ownership of the program on June 30, 2021.
We expect Space’s 2021 net sales to increase in the low-single digit percentage range from 2020 levels driven by higher volume on hypersonics programs and on government satellite programs (primarily Next Gen OPIR), partially offset by lower volume at AWE due to the UK Ministry of Defense’s intent to re-nationalize the program on June 30, 2021. Operating profit is expected to decrease in the low-single digit percentage range from 2020 levels. Operating profit margin for 2021 is expected to be lower than 2020 levels.
To date, the effects of COVID-19 have not had a significant negative impact on our liquidity, cash flows or capital resources. "
87% of LM Space's net sales are US Government customers and 13% are international. Overall, compared to Lockheed's entire portfolio, commercial space is a very small percentage and also doesn't seem to match up with your claims anyways.
Also, I don't know why you're providing an example of Raytheon's F-35 contract in a comparison to Lockheed when Lockheed is the prime contractor. There may certainly be a case for Raytheon over Lockheed, but I don't feel like you've provided it.
Four out of Four of the last major wars took place during Democrat administrations.
What? Even that weird link doesn't justify this statement??
Currently interviewing for a director role and the already mentioned that stock options are part of the compensation under Raytheon, not Collins or PW.
How much are those stock options awards and what is the vesting schedule? Are there additional stock awards yearly based on your individual and team performance?
Thank you all
I’m a P4 Solutions Archhitect (manager), how do I enroll in stock Options? Is it possible to have your salary decreased and get paid in stocks/equity instead?
RTX (NYSE: RTX) delivered a standout quarter, with free cash flow up 104% to $4.0B and management raising full-year organic sales growth to 8–9% and adjusted EPS to $6.10–$6.20. Strong execution in Raytheon drove a 180 bps margin gain to 12.2%, while Pratt & Whitney’s aftermarket sales jumped 23% and Collins Aerospace’s rose 13%, reinforcing the company’s cash-generative service model. RTX used the surge in liquidity to pay down $2.9B in debt, strengthening its balance sheet. Though GAAP EPS ($1.41) lagged adjusted EPS ($1.70) due to $507M in non-cash adjustments, the firm’s $251B backlog and six consecutive quarters of margin expansion underscore deep operational momentum across its aerospace and defense portfolio.
I am trying hard to understand why this is such a big conversation right now. Why is the RTX fund bad? Why move? Should it be a mix between the two?
Just curious if you think it’s time to buy some shares in Raytheon technologies. $99 probably seems like a good buy when you consider they have to replenish all these missiles. NATO countries will to have to purchase a whole bunch of them to replace the ones being sent to Ukraine.
What other stocks should we be buying because of this unfortunate situation in Ukraine
What are you doing with your 401k RTX stock fund matching?
They still haven't recovered from the great March dip of 2020, and their director just became the secretary of defence(correct me if I'm wrong?).
This combined with the outlook of renewed conflict in the middle East, are they on anyone else's radar? I bought in a little and in a week they're up 10%. What does everyone else think?
I also think so for defense stocks generally. Value seems depressed and people think there will be less Defense spending under Biden. That’s wrong though. Biden won’t cut spending and is a hawk. He has shown it through his entire career.
I don't like to buy unless a company is actually doing something to facilitate growth, or revenue. It seems they are simply coasting along, not doing anything innovative, new, or revolutionary.
I'm trying to make money; not ride along with inflation.
Has anyone successfully changed their Alight 401k to immediately sell the RTX stock we get with our matching 401k dollars?
In the email it says “More details about enabling the auto-sell feature will be forthcoming later this year”.
I’m assuming RTX has a vested interest in not allowing us to enable their auto-sell feature so I’m not holding on my breath on it coming this year.
I’m hoping it’s something we can set up now.
What are the good, the bad, or the ugly? Is it a buy, hold or sell? Whyy? Are there better alternatives?
Hold.
Lots of threads on RTX as of late. Despite new defense contracts the heavy dependence on aerospace means a long road ahead. If looking for short term profits the general consensus is look at something else.
Alternatives? If I knew I’d be on my yacht instead of working 9-5.
I personally disagree with buying for moral reasons, although it is a stock with fantastic performance and pretty good growth (I'm sure it'll bounce back post corona)
Raytheon got the shaft after the merge with UTX
Do you agree?