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Stocks edge higher as earnings drive Wall Street near record
U.S. stocks rose Tuesday, led by strong earnings from GM, RTX and Coca-Cola, as investors awaited inflation data and Fed rate guidance.
Raytheon wins $5B Army contract
The U.S. Army has awarded Raytheon, a subsidiary of RTX, a roughly $5 billion contract to supply its Coyote Missile System.
RTX subsidiary lands $578.6M Army contract
Raytheon has been awarded a $578.63 million U.S. Army contract to procure Stinger missiles, ancillary equipment and related support.
RTX subsidiary hit by major cyberattack
A major ransomware against an RTX subsidiary disrupted check-in and boarding systems at several airports across Europe over the weekend
Virginia’s Fortune 500 companies
Freddie Mac, the federally sponsored mortgage business headquartered in McLean, continues to be the top-ranked Virginia-based company at No. 38, down two spots from last year, with $122 billion in annual revenue Arlington County-based defense contractors RTX and Boeing were the second and third highest ranking companies based in Virginia, with RTX moving up one […]
7 Virginia businesses land on Fortune Global 500
Virginia has seven businesses named to the Fortune Global 500 for 2025.
RTX subsidiary wins $646M contract modification
Raytheon has been awarded a $646 million contract modification to continue producing the AN/SPY-6(V) family of radars for the U.S. Navy.
RTX subsidiary wins $1.1B Navy contract modification
Raytheon has received a $1.1 billion contract modification from the U.S. Navy to manufacture additional AIM-9X missiles.
RTX subsidiary wins $536M Navy contract
Raytheon has won a $536 million U.S. Navy contract for the SPY-6 family of radars.
41 Virginia companies made the 2025 Fortune 1000
Forty-one companies headquartered in Virginia made the grade in Fortune magazine’s 71st annual Fortune 1000 list, and 25 Virginia companies are on this year's elite Fortune 500.
RTX subsidiary secures $580M Navy contract
Raytheon, a subsidiary of Arlington County-based Fortune 500 aerospace and defense contractor RTX, has received a $580.58 million U.S. Navy contract, the Defense Department announced May 15.
Thousands of machinists union members go on strike at jet engine maker Pratt & Whitney
About 3,000 labor union members went on strike early Monday at jet engine maker Pratt & Whitney in Connecticut, as negotiations over wages, retirement benefits and job security broke down. The manufacturer is a subsidiary of Arlington County-based RTX.
