Latest news with #AerospaceDefense
Yahoo
10 hours ago
- Business
- Yahoo
RTX (RTX) Reports Strong Q2 Earnings With US$22 Billion Sales And US$2 Billion Net Income
RTX recently announced impressive quarterly and six-month results, with significant increases in sales and net income, possibly contributing to a 33% rise in its stock last quarter. These financial results align positively with the broader market, which has seen substantial earnings growth. Additionally, the introduction of new products and strategic alliances may have bolstered investor confidence. While the S&P 500 and Nasdaq had minor fluctuations, RTX's performance was buoyed by strong corporate earnings, counteracting the mixed trading sentiment elsewhere. Events such as dividend increases and new contracts likely supported the positive movement in RTX's stock value. We've identified 3 warning signs for RTX (1 is a bit unpleasant) that you should be aware of. Explore 26 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research. RTX's recent announcement of substantial sales and net income growth could significantly impact its long-term narrative, indicating robust operations and potential revenue stability. Over the past five years, RTX's total return, which includes both share price and dividends, was 180.01%. This impressive long-term performance provides context to the more recent quarterly stock increase amid the broader positive market sentiment. In the last year, RTX outperformed both the US market and the Aerospace & Defense industry, showcasing its resilience and market positioning. The recent earnings report and strategic product introductions could further bolster revenue and earnings forecasts, supporting analysts' expectations for continued growth. These developments might lead to increased operational efficiencies and improved profit margins, aligning with the forecasts of reaching earnings of US$8.5 billion by 2028. The current share price of US$151.56 exceeds the consensus analyst price target of US$150.29. This deviation may suggest that analysts are cautious but also implies potential optimism in the company's future performance. Given the company's ongoing investments in innovation and manufacturing, the recent news could positively influence long-term earnings, reinforcing the narrative of sustained growth and profitability in a competitive industry. Gain insights into RTX's historical outcomes by reviewing our past performance report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include RTX. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
14-07-2025
- Business
- Yahoo
Electronics Manufacturing Service Companies Scanfil and MB Elettronica to Join Forces
SIEVI, Finland, July 14, 2025--(BUSINESS WIRE)--Finnish Scanfil, the largest European stock exchange listed Electronic Manufacturing Service company in terms of turnover, and Italian MB Elettronica ("MB") from Cortona Arezzo have agreed to join forces. The combined company will be a significant European player in the EMS market with a global footprint of 16 factories on four continents. MB operates four factories in Italy and employs around 500 people. The combination increases Scanfil's number of employees to over 4,500 and current MB employees will continue in their current roles as part of Scanfil Group. MB and Scanfil have complementary offerings and customers, creating customer value through cross-selling. On customer side, MB brings new remarkable industrial customers to the new Group. Especially, it has significant competence and customer relations in Aerospace & Defense, Healthcare & Medtech, and Transportation. Due to that strength, MB's headquarters in Cortona will become the competence center for Aerospace & Defense of Scanfil. Together Scanfil and MB will be able to serve their customers even better than before, offering manufacturing services in ten countries. "I want to welcome all new employees and customers to the growing Scanfil family. By joining forces, we create a European EMS powerhouse with a strong presence in Italy and Aerospace & Defense. For MB employees, a large company creates new career and personal development opportunities. For MB customers, a larger company means improved service offering with global manufacturing and delivery capabilities," says Scanfil's CEO Christophe Sut. "Scanfil has a family-owned background and MB is a family company. There is a similar dynamic in the operating cultures and entrepreneurship is highly valued in our corporate values. Our employees are highly skilled and motivated, which is and will be the key success factor for EMS," commented Roberto Banelli, CEO of MB. "With the financial strength and global reach of Scanfil, MB will start a new growth journey. The combination of the two companies will create value for our customers and employees. I am excited that MB is becoming part of the Scanfil family, and I look forward to seeing MB grow stronger under the new ownership." "I started in 1961, and I am happy that together with my children we managed to bring the company to this level and employ more than 500 people. And today, with pride, we were able to reach an agreement with Scanfil to make the company grow even more. I wish everyone a good job," summarizes Francesco Banelli, the founder of MB Elettronica. The closing of the deal is expected to take place in the fourth quarter of 2025. Scanfil in brief Scanfil plc is Europe's largest listed provider of electronics manufacturing services (EMS), with a turnover of EUR 780 million in 2024. The company serves global sector leaders in the customer segments of Industrial, Energy & Cleantech, and Medtech & Life Science. Scanfil's services include design services, prototype manufacture, design for manufacturability (DFM) services, test development, supply chain and logistics services, circuit board assembly, manufacture of subsystems and components, and complex systems integration services. Scanfil's objective is to grow customer value by improving their competitiveness and by being their primary supply chain partner and long-term manufacturing partner internationally. Scanfil's longest-standing customer account has continued for more than 40 years. The company has global supply capabilities and eleven production facilities across four continents. View source version on Contacts For additional information: Christophe Sut, CEOTel. +46 721 51 75 Pasi Hiedanpää, Director, Investor Relations and CommunicationsTel. +358 50 378
Yahoo
13-07-2025
- Business
- Yahoo
Frequentis (ETR:FQT) Hasn't Managed To Accelerate Its Returns
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. With that in mind, the ROCE of Frequentis (ETR:FQT) looks decent, right now, so lets see what the trend of returns can tell us. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. The formula for this calculation on Frequentis is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.12 = €33m ÷ (€395m - €133m) (Based on the trailing twelve months to December 2024). Therefore, Frequentis has an ROCE of 12%. In absolute terms, that's a pretty normal return, and it's somewhat close to the Aerospace & Defense industry average of 13%. View our latest analysis for Frequentis In the above chart we have measured Frequentis' prior ROCE against its prior performance, but the future is arguably more important. If you'd like to see what analysts are forecasting going forward, you should check out our free analyst report for Frequentis . While the current returns on capital are decent, they haven't changed much. Over the past five years, ROCE has remained relatively flat at around 12% and the business has deployed 50% more capital into its operations. Since 12% is a moderate ROCE though, it's good to see a business can continue to reinvest at these decent rates of return. Over long periods of time, returns like these might not be too exciting, but with consistency they can pay off in terms of share price returns. In the end, Frequentis has proven its ability to adequately reinvest capital at good rates of return. And the stock has done incredibly well with a 205% return over the last five years, so long term investors are no doubt ecstatic with that result. So even though the stock might be more "expensive" than it was before, we think the strong fundamentals warrant this stock for further research. Frequentis could be trading at an attractive price in other respects, so you might find our on our platform quite valuable. For those who like to invest in solid companies, check out this free list of companies with solid balance sheets and high returns on equity. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
29-06-2025
- Business
- Yahoo
Slowing Rates Of Return At General Dynamics (NYSE:GD) Leave Little Room For Excitement
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. In light of that, when we looked at General Dynamics (NYSE:GD) and its ROCE trend, we weren't exactly thrilled. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. Analysts use this formula to calculate it for General Dynamics: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.13 = US$5.0b ÷ (US$57b - US$19b) (Based on the trailing twelve months to March 2025). Therefore, General Dynamics has an ROCE of 13%. On its own, that's a standard return, however it's much better than the 11% generated by the Aerospace & Defense industry. Check out our latest analysis for General Dynamics In the above chart we have measured General Dynamics' prior ROCE against its prior performance, but the future is arguably more important. If you're interested, you can view the analysts predictions in our free analyst report for General Dynamics . Things have been pretty stable at General Dynamics, with its capital employed and returns on that capital staying somewhat the same for the last five years. It's not uncommon to see this when looking at a mature and stable business that isn't re-investing its earnings because it has likely passed that phase of the business cycle. So unless we see a substantial change at General Dynamics in terms of ROCE and additional investments being made, we wouldn't hold our breath on it being a multi-bagger. With fewer investment opportunities, it makes sense that General Dynamics has been paying out a decent 37% of its earnings to shareholders. Unless businesses have highly compelling growth opportunities, they'll typically return some money to shareholders. We can conclude that in regards to General Dynamics' returns on capital employed and the trends, there isn't much change to report on. Yet to long term shareholders the stock has gifted them an incredible 120% return in the last five years, so the market appears to be rosy about its future. However, unless these underlying trends turn more positive, we wouldn't get our hopes up too high. General Dynamics could be trading at an attractive price in other respects, so you might find our on our platform quite valuable. If you want to search for solid companies with great earnings, check out this free list of companies with good balance sheets and impressive returns on equity. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CBC
16-06-2025
- Politics
- CBC
Fighter jets deployed after civilian aircraft entered G7 no-fly zone above Kananaskis
North American Aerospace Defense Command (NORAD) deployed fighter jets to intercept a civilian aircraft on Sunday after it entered a no-fly zone in place for the G7 summit. The fixed-wing aircraft travelled into restricted air space above the Kananaskis area, according to a news release from the G7 Integrated Safety and Security Group. CF-18 Hornet fighter jets were sent to intercept the aircraft. NORAD's Canadian region took "multiple steps" to get the pilot's attention before resorting to "final warning measures" to contact the pilot. Eventually, the pilot landed the civilian aircraft safely under their own power. "It is every pilot's responsibility to ensure that there are no restrictions in the air space they intend to fly," the release said. "These incidents take away resources that could be utilized in police work and securing the summit site." Temporary air space restrictions over both Calgary and Kananaskis have been in place since Saturday morning. One no-fly zone is centred on Kananaskis village and has a radius of 30 nautical miles. Another is centred on the Calgary International Airport and has a radius of 20 nautical miles. Restrictions in both locations will be enforced until midnight Tuesday. Authorities carve out no-fly zones ahead of G7 summit in Kananaskis 16 days ago Duration 1:20 RCMP say if recreational aircraft fly into restricted airspace, they should expect serious consequences. The CBC's Terri Trembath tells us how authorities plan to protect the skies over the provincial park and in Calgary. NORAD is a U.S.-Canada bi-national organization responsible for aerospace warning and control. The organization is using aircraft and personnel from both the Canadian and U.S. militaries to protect world leaders and other people attending the G7. The incident is still under investigation, according to the Integrated Safety and Security Group.
