TransDigm's (TDG) Q1 net sales amount to $1,397 million, a 17% hike from the prior-year quarter. The reported figure also beat the Zacks Consensus Estimate by 2.4%.
With its stock down 5.8% over the past month, it is easy to disregard Raytheon Technologies (NYSE:RTX). To decide if...
The exciting thing about aerospace and defense giant Raytheon Technologies (NYSE: RTX) in 2023 is how it's setting itself up for excellent medium- and long-term growth. Raytheon generates around 55% of its revenue from aerospace and the rest from defense. The company is in the throes of reorganizing its segments from four to three, with the two defense-focused businesses becoming part of a so-called Raytheon segment.