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RTX Corporation (RTX) Gets Complete Approval for StormBreaker Smart Weapon

RTX Corporation (NYSE:RTX) is one of the Best Aerospace and Defense Stocks to Invest In Right Now. On February 20, RTX Corporation (NYSE:RTX) announced complete approval of the StormBreaker smart weapon by the US Navy. The approval marks StormBreaker ready to use on the F/A-18E/F Super Hornet fighter jet.

​Management noted that the StormBreaker is a precision-guided bomb that has the ability to hit moving and stationary objects, in good or bad weather conditions. The weapon is of a small size and allows the Super Hornet to carry more weapons with it. Moreover, the weapon also has the ability to fly autonomously to mobile targets, keeping pilots out of danger longer.

​Sam Deneke, who is Raytheon’s Air & Space Defense Systems president, noted that the weapon system enhances the combat ability of the Super Hornet with its all-weather accuracy. StormBreaker was initially used in 2023 on the Super Hornet and is now being integrated on the F-35A/B/C.

Jirat Teparaksa/Shutterstock.com

​RTX Corporation (NYSE:RTX) is a giant in the global aerospace and defense industry, providing systems and services to commercial, military, and government clients. It operates through three main businesses: Collins Aerospace, Pratt & Whitney, and Raytheon.

While we acknowledge the potential of RTX to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RTX and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

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  • 140 Metas
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