RTX (NYSE: RTX) Shares Slip As FAA Tariff Costs Threaten Air-Traffic Modernization Budget
RTX (NYSE: RTX), the aerospace and defense giant behind Collins Aerospace, is facing fresh cost pressure after the FAA estimated tariffs could add roughly $100 million to its air-traffic-control modernization program. Shares fell approximately 1.1% to $191.49 on Friday, reflecting investor unease over the potential financial impact of the tariff burden on a high-profile government…