RTX's second-quarter earnings and revenues surpass the Zacks Consensus Estimate. The company has raised its sales and earnings financial outlook for 2024.
Textron is close to acquiring the fuselage-making program for its V-280 military aircraft from Spirit AeroSystems, according to a source familiar with the matter, in the latest carve-out from Boeing's recent deal to acquire the Kansas-based supplier. Boeing announced this month it would buy the world's largest standalone aerostructures company in a $4.7 billion all-stock deal. Spirit's assets are to be broken up, with European planemaker Airbus taking over core activities at four plants.
General Dynamics' (GD) Q2 revenues of $11.98 billion beat the Zacks Consensus Estimate by 3.9% and also improved 18% from the prior-year reported figure.