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COURT-RULING ·Filed Sep 28, 2026

RTX

RTX Corp
NEUTRAL
Impact 3/10
Horizonmonths Processed29d 23h ago CourtCourt Ruling · govinfo.gov
Court ruling (district)
Actionable Insight • Neutral

Monitor the next summary judgment stage (scienter and remaining issues) and any settlement discussions. The government's 2015 determination that it had unlimited rights to the source code weakens Rockwell's defense, but no monetary judgment has been entered.

DirectionNeutral
Confidencehigh
Horizonmonths
Latest settled — T+20d
RTX ▲ +5.25% at T+20d
NEUTRAL call +5.25% · α vs SPY +4.59% · entry $186.94 → $196.76
Next anchor: T+60d in 8w
Entry = T+0 close
Sep 29, 2026
via day close
T+1d
-0.69%
call -0.69% · α -0.48%
$185.65
settled 27d ago
T+5d
-1.95%
call -1.95% · α -3.90%
$183.29
settled 21d ago
T+20d
+5.25%
call +5.25% · α +4.59%
$196.76
settled 12h ago
T+60d
Pending
in 8w

Price Chart

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Executive Summary

The court denied Rockwell Collins Simulation and Training Solutions LLC's (a subsidiary of RTX Corp) motion for summary judgment in a False Claims Act case, finding a material factual dispute over whether the Army possessed all necessary TBOS-related intellectual property to competitively bid production contracts. This ruling allows the qui tam lawsuit to proceed to trial, but it is an interlocutory procedural ruling that does not resolve liability or damages.

Court Ruling Details

Ruling Date
Sep 28, 2026
Court
United States District Court for the Northern District of Alabama
Court Level
District
Judge
Madeline Hughes Haikala
Case Type
other
Ruling Type
summary judgment
Outcome
LOSS — ruling against this company
Precedent Risk
LOW

Key Facts

  • Relator Denise Pritchard alleges Rockwell STS procured sole-source contracts by deceiving the Army about its IP rights in TBOS helicopter simulators.
  • The court denied Rockwell STS's summary judgment motion, ruling a reasonable jury could find the Army possessed necessary IP (including unmarked source code delivered in 2007).
  • The ruling is interlocutory — it only determines the case survives summary judgment on one of several questions; liability, damages, and scienter remain unresolved.
  • No damages or financial exposure amounts were stated in the opinion.
  • The case has been pending since 2014 (5:14-cv-01452-MHH).

Financial Impact

No damages or financial exposure stated in the opinion; case proceeds to further summary judgment briefing and potentially trial.

Risk Factors

  • If Rockwell STS loses at trial, it could face treble damages under the False Claims Act for allegedly overcharging the government on sole-source contracts.
  • Adverse ruling could also trigger government scrutiny of other sole-source contracts with Rockwell STS.

Investment Themes

Documents Analyzed

This report is based on 1 court opinion.

DocumentAccession Number
COURT-RULING Data (Synthetic)court-1f58389259-RTX
30 reports for RTX
Performance horizon
78% Hit rate @ T+5 7 of 9 directional calls Went positive at some point 9 of 9 best @ T+20▲ +4.10%Sep 28, 2026
Filters
Rows
Reports for RTX — sortable, filterable
TypeNow
Oct 22, 2026
5d ago
GOVT-CONTRACT
NEUTRAL ★ 3/10
$191.01awaiting T+5—$194.60 (+1.88%)
Oct 21, 2026
6d ago
GOVT-CONTRACT
NEUTRAL ★ 3/10
$194.71awaiting T+5—$194.60 (−0.06%)
Oct 20, 2026
7d ago
8-K
BULLISH ★ 7/10
$193.34 $196.76▲ +1.77%▲ +1.74%$194.60 (+0.65%)
Oct 20, 2026
7d ago
Press Release
BULLISH ★ 7/10
$193.34 $194.60▲ +0.65%▲ +0.57%$194.60 (+0.65%)
Oct 16, 2026
11d ago
Institutional Cluster
BULLISH ★ 4/10
$192.11 $197.48▲ +2.80%▲ +2.94%$194.60 (+1.30%)
Oct 13, 2026
14d ago
GOVT-CONTRACT
NEUTRAL ★ 3/10
$186.47 $191.60▲ +2.75%▲ +2.30%$194.60 (+4.36%)
Oct 12, 2026
15d ago
Press Release
NEUTRAL ★ 4/10
$186.66 $192.11▲ +2.92%▲ +4.41%$194.60 (+4.25%)
Oct 1, 2026
26d ago
Press Release
BULLISH ★ 6/10
$184.68 $185.97▲ +0.70%▼ −0.46%$194.60 (+5.37%)
Sep 28, 2026
29d ago
Press Release
BULLISH ★ 6/10
$186.94 $183.29▼ −1.95%▼ −3.90%$194.60 (+4.10%)
Sep 28, 2026
29d ago
Court Ruling
NEUTRAL ★ 3/10
$186.94 $183.29▼ −1.95%▼ −3.90%$194.60 (+4.10%)
Showing 10 of 30

US Market Status

Market Closed — Opens Wed (< 1m)

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⚖ Court Ruling · govinfo.gov Report published Sep 28, 2026