FAA Picks RTX for Nationwide Radar Replacement by 2028 [Yahoo! Finance]
Raytheon Technologies Corporation (RTX)
Company Research
Source: Yahoo! Finance
RTX ( NYSE:RTX ), alongside Spanish firm Indra, has been selected to replace 612 aging radar systems across the United States as part of a sweeping air traffic control modernization. The radar units largely date back to the 1980s, and the FAA said the replacement program is scheduled to be completed by the summer of 2028, fitting into a broader push to finish the overhaul near the end of President Donald Trump's current term in office. The decision places RTX at the center of a multiyear federal infrastructure effort that could reshape how the country manages air traffic surveillance. Warning! GuruFocus has detected 10 Warning Signs with RTX. Is RTX fairly valued? Test your thesis with our free DCF calculator. FAA Administrator Bryan Bedford said the current radar network has exceeded its intended service life and has become increasingly expensive and difficult to maintain. The agency has been spending most of its roughly $3 billion annual equipment budget keeping the old system
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RTX
Earnings
- 10/21/25 - Beat
RTX
Sec Filings
- 11/13/25 - Form 8-K
- 10/29/25 - Form 4
- 10/28/25 - Form 4
- RTX's page on the SEC website