RTX

Arlington, Va. – November 03, 2026 -- Raytheon, an RTX business (NYSE: RTX), has won a phase one contract from the Defense Advanced Research Projects Agency (DARPA) to develop an all-optical processing system for the agency's Photonic Integrated Circuit Architectures for Scalable System Objectives (PICASSO) program. Financial terms were not disclosed.

Raytheon's Advanced Technology team will design photonic circuits that process signals with light, not electricity

Under the contract, the team will design and demonstrate photonic circuit technology that handles signal processing entirely in the optical domain. Raytheon says this lets operators detect threats sooner, respond faster and keep better situational awareness in contested environments.

LAS VEGAS – October 22, 2026 -- Collins Aerospace, an RTX (NYSE: RTX) business, will start upgrading its radio altimeters at its service centers in 2027, giving business aviation operators a route to meet new Federal Aviation Administration (FAA) operational standards without replacing existing systems.

Collins upgrades existing altimeter variants instead of requiring replacement

The company is offering simplified upgrade paths for its existing radio altimeter variants. Collins says the upgraded units meet the new FAA requirements and have demonstrated resilience to 5G interference.

Radio altimeters measure an aircraft's height above terrain and feed automatic flight control, cockpit instrument displays and warning systems. Collins designs its units to filter out false altitude returns caused by structures, nearby aircraft or ground features.

Tucson – October 19, 2026 -- The U.S. Army has awarded the Javelin Joint Venture (JJV), a partnership between Raytheon, an RTX business, and Lockheed Martin, a $215 million production contract for the Lightweight Command Launch Unit (LWCLU), the next-generation launcher for the Javelin weapon system.

The LWCLU replaces the legacy command launch unit. The award follows by five months the JJV's delivery of the first LWCLUs to the Army.

New launcher is 30% smaller and 25% lighter than the Block I unit

Compared with the current Block I Command Launch Unit, the LWCLU is 30% smaller and 25% lighter. It also doubles target detection and recognition. The unit is built to give soldiers maximum surveillance and offers day and night engagement capability.

The launcher is designed to be compatible with all current, past and future Javelin variants.

Vancouver – October 15, 2026 -- The Nasdaq Composite dropped 449 points, or 1.65%, to 26,755.24 midweek, extending its weekly loss to 2.23% and leaving every major U.S. index in the red for the week.

Small caps show deepest stress as Russell 2000 RSI falls to 28.3

The Russell 2000 fell 1.70% and carries a Relative Strength Index of 28.3, a deeply oversold reading. The S&P 500 lost 1.10% on the day and 1.18% for the week. The Dow fell 0.29%.

The S&P 500 sits just above its 50-day simple moving average support of 7,707.03. The Dow trades near its 20-day SMA support around 51,489.97.

The VIX rose 0.95 points to 16.22 and the VXN climbed to 21.14. Both stayed within recent weekly ranges, so the selloff has not yet triggered panic-level hedging.

Tucson – October 14, 2026 -- Raytheon, an RTX business, was awarded $729 million to deliver key components of the LIDS counter-drone system to the U.S. Army, Qatar and Jordan. The contracts include the first international sales of both the Ku-band Radio Frequency Sensor (KuRFS) and the Coyote effector.

LIDS contract covers fixed-site and mobile configurations

LIDS, the Low, slow, small, unmanned aircraft Integrated Defeat System, incorporates KuRFS and Coyote. The award includes a mix of fixed-site and mobile LIDS configurations.

KuRFS provides 360-degree threat detection within the U.S. Army's LIDS program. Coyote's low-cost kinetic and non-kinetic effectors defeat individual drones as well as swarms, and have recorded hundreds of intercepts in combat.

New York – October 13, 2026 -- Raytheon, an RTX business, secured a contract worth up to $6.3 billion for Standard Missile-3 Block IB interceptors, as large-cap indexes closed last week near record levels while the Russell 2000 fell 0.91% to 2,806.98.

S&P 500 closes 0.3% below its 52-week high as Nasdaq adds 0.64%

The S&P 500 gained 1.15% on the week to 7,811.54, just short of its 52-week high of 7,844.52, which it reached as its weekly high. Support sits near 7,793.68. The Nasdaq Composite rose 0.64% to 27,366.17 after hitting a 52-week high of 27,722.75 during the week, with support at 27,288.79.

The Dow Jones Industrial Average climbed 0.93% to 51,654.95, trading between 50,862.85 and 51,765.11. It now sits just above the early June 2026 high of 51,660.40, which acts as near-term resistance.

Tucson – – October 13, 2026 -- Raytheon, an RTX (NYSE: RTX) business, completed three developmental tests of its Coyote Block 2C+RM interceptor upgrades, taking the program from concept to testing in 15 months. The company funded the test events itself.

Raytheon funds upgrades for an urgent joint U.S. military counter-drone mission

The tests support a joint U.S. military mission to counter evolving drone threats. The Block 2C+RM upgrade builds on current Coyote variants, which have intercepted hundreds of drones in combat.

Upgrade adds rocket motor, new seeker and new warhead

Block 2C+RM integrates a rocket motor for faster launch and flight. It also adds a new seeker and warhead designed to defeat all classes of current and emerging drone threats.

Portsmouth, R.I. – October 13, 2026 -- Raytheon, an RTX business, has won a contract from the Office of Naval Research (ONR) to develop software-driven target-detection upgrades for naval radar systems, with work running through 2031.

Raytheon targets longer range, higher sensitivity and better efficiency

Raytheon's Advanced Technology team will develop and evaluate advanced signal and data-processing algorithms. It will also integrate targeted software upgrades intended to extend detection range, increase sensitivity and improve radar-system efficiency.

The enhancements will undergo laboratory and field testing to validate performance and operational use. Raytheon is preparing them for transition into its SPY-6 family of radars and other future naval radars.

West Des Moines, Iowa – September 29, 2026 -- Collins Aerospace, an RTX business, will expand its West Des Moines manufacturing facility by 14,000 square feet in a multi-million-dollar investment to meet rising commercial and military aviation demand.

Facility ships more than 25,000 engine nozzles monthly

The site produces advanced fuel distribution systems, including original equipment components and spare parts, and operates as an FAA-certified Part 145 repair station for engine nozzle systems and powerplant accessories.

Expansion targets delivery performance and job growth

James Bagg, vice president and general manager of Engine Control Systems at Collins Aerospace, said the investment strengthens fuel-distribution technology for commercial and military aviation and will add jobs to meet customer demand.

Washington – September 29, 2026 -- Lyntris Inc. (NYSE: LYNX) has received production orders from Raytheon, an RTX business, covering Option Years Two and Three of the U.S. Army's Lower Tier Air and Missile Defense Sensor (LTAMDS) program, extending manufacturing commitments through 2028. The orders fall under a long-term purchase agreement the two companies established in 2023.

LTAMDS moves from development into full-rate production as Patriot radar replacement

LTAMDS is designed to replace the Army's Patriot radar system, delivering 360-degree surveillance and fire control from a single sensor and closing the rear-sector gap in the current fielded fleet. The system targets detection, tracking and engagement of maneuvering hypersonic weapons, cruise missiles and unmanned threats. Raytheon serves as prime contractor, with the Army now shifting the program into full-rate production.