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RTX Corporation (NYSE:RTX) is among the 12 Best Defense Stocks to Buy Right Now. On September 16, the company announced that its Collins Aerospace business was awarded a NATO contract for its Electronic Warfare Planning and Battle Management (EWPBM).
The integrated software tool is designed to deliver a Recognized Electromagnetic Picture by combining data from operations, intelligence systems, an Electronic Order of Battle, and other sources, and detailing the function and location of the electronic devices. This comprehensive overview allows for planning, coordinating, and synchronizing electromagnetic warfare activities.
Ryan Bunge, VP and GM for Command, Control, Communications, Computers, Intelligence & Autonomy at RTX Corporation (NYSE:RTX)’s Collins Aerospace, stated the following on the contract award:
“We’re equipping commanders with a critical tool to visualize electronic warfare threats and automate the use of jammers and sensors. This system will enhance joint operations’ effectiveness, interoperability, scalability, and resilience.”
The EWPBM enhances battle management by incorporating situational awareness of the electromagnetic environment, which will aid commanders in challenging multi-domain warfare.
Moreover, RTX Corporation (NYSE:RTX) stated that Collins Aerospace will collaborate with NATO on the system’s testing and integration, which will further strengthen the military alliance’s electromagnetic warfare capabilities.
While we acknowledge the potential of RTX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None.
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