RTX, through its Raytheon subsidiary, is developing advanced reusable counter-drone technology, “Coyote Block 3 Non-Kinetic” system, which successfully neutralized drone swarms using non-kinetic effectors. This innovation comes as the company reports strong financial performance, with significant revenue and EPS growth, alongside increased institutional investment. However, market participants are also observing recent insider stock sales by company executives.
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RTX Advances Drone Defense with Reusable Counter-System Technology
RTX, through its Raytheon subsidiary, is developing advanced reusable counter-drone technology, “Coyote Block 3 Non-Kinetic” system, which successfully neutralized drone swarms using non-kinetic effectors. This innovation comes as the company reports strong financial performance, with significant revenue and EPS growth, alongside increased institutional investment. However, market participants are also observing recent insider stock sales by company executives.