RTX Partners with DARPA to Enhance Military Situational Awareness
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Should l Buy RTX?
Source: seekingalpha
- Contract Award: RTX announced that BBN Technologies has been awarded a contract by the Defense Advanced Research Projects Agency (DARPA) to enhance service members' situational awareness through the X-ray Extreme-range Non-imaging Analysis program, demonstrating the company's ongoing investment and commitment in defense technology.
- Technological Innovation: BBN will develop a system that utilizes advanced mathematical modeling and image analysis to enhance the visibility of objects even with incomplete or messy data, thereby providing more reliable information support for military operations.
- Algorithm Development: The research team will run simulations, build software, and test algorithms that convert a small number of grainy snapshots into the detailed information needed for decision-making, significantly improving the efficiency and accuracy of mission execution.
- Enhanced Information Access: By combining a handful of low-quality views, BBN's approach will enable service members to obtain actionable information about concealed threats, potential weapons, or structural vulnerabilities from previously unreachable distances, greatly enhancing decision-making capabilities on the battlefield.
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Analyst Views on RTX
Wall Street analysts forecast RTX stock price to fall
14 Analyst Rating
9 Buy
5 Hold
0 Sell
Moderate Buy
Current: 195.980
Low
168.00
Averages
195.77
High
215.00
Current: 195.980
Low
168.00
Averages
195.77
High
215.00
About RTX
RTX Corporation is an aerospace and defense company, which provides advanced systems and services for commercial, military, and government customers worldwide. The Company operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. Collins Aerospace segment provides technologically advanced aerospace and defense products and aftermarket service solutions for civil and military aircraft manufacturers, commercial airlines, and regional, business and general aviation, as well as for defense and commercial space operations. The Pratt & Whitney segment supplies aircraft engines for commercial, military, business jet, and general aviation customers. The Raytheon segment provides defensive and offensive threat detection, tracking and mitigation capabilities for the United States and foreign government and commercial customers. The Raytheon designs, develops, and provides advanced capabilities in integrated air and missile defense, smart weapons, missiles and others.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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