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Rtx Corp V.RTX


Primary Symbol: RTX

Industrials
RTX Corporation is an aerospace and defense company, which provides advanced systems and services for commercial, military, and government customers worldwide. The Company operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. Collins Aerospace segment provides technologically advanced aerospace and defense products and aftermarket service solutions for civil and military aircraft manufacturers, commercial airlines, and regional, business and general aviation, as well as for defense and commercial space operations. The Pratt & Whitney segment supplies aircraft engines for commercial, military, business jet, and general aviation customers. The Raytheon segment provides defensive and offensive threat detection, tracking and mitigation capabilities for the United States and foreign government and commercial customers. Raytheon designs, develops, and provides advanced capabilities in integrated air and missile defense, smart weapons, missiles and others.


NYSE:RTX - Post by User

Rtx Corp > News on Management Change
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Comment by Parentheticalon Jun 30, 2011 9:37am
200 Views
Post# 18783906

RE: RE: RE: News on Management Change

RE: RE: RE: News on Management Change

The guy that departed was a "Heavy" in the rare earth space.. now the ship is run by the "Lights".. and who wants "Lights" in REE?? LoL

rumor has it that the stock was sliding because he already wanted out.. various promises made to him and investors had not been fulfilled. (like only ending up with the rump end of the Kechika properties)...some versions have it that they were trying to backdate employment contracts to before the recent financing and lifting of the trading halt and he balked at signing.. talk too of an EGM to oust the Idiot Savant who promoted the whole thing..

the company is at the bottom of the REE foodchain now and ranking last out of 100 plus REE stories on the TSX in terms of market cap.. the whiff of death is in the air.. any wonder he wanted out!?

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