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Upgrades strengthen aircraft resilience as aviation adapts to increased wireless spectrum use

, /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, today announced upgrades for its family of radio altimeters, providing business aviation operators a clear path to meet new Federal Aviation Administration (FAA) operational standards.

Collins is providing simplified upgrade paths to its existing radio altimeter variants that meet the new FAA requirements and have demonstrated resilience to 5G interference without the need to replace existing systems.

"Business aviation operators are navigating important regulatory requirements that touch every aircraft flying in U.S. airspace," said Craig Bries, vice president and general manager of Airborne Electronics at Collins Aerospace. "By updating existing equipment, we're making compliance simple while delivering upgrades that enhance safety, strengthen connectivity and support precise navigation in the years ahead."

Collins' radio altimeters are engineered to provide precise, reliable measurements of an aircraft's height above terrain, supporting critical functionality such as automatic flight control, cockpit instrument displays and warning systems. The systems are designed to filter out false altitude returns caused by structures, nearby aircraft or ground features, helping maintain consistent situational awareness during critical stages of flight.

Collins service centers will begin providing upgrades in 2027, as part of a multi-year effort to bring business aviation fleets into compliance with the new standards. Because tens of thousands of aircraft will require updates, early scheduling will help operators avoid delays and ensure they meet upcoming deadlines.

Collins' radio altimeter upgrades are part of the company's broader airspace modernization efforts, introducing new capabilities while strengthening the proven systems on which airspace users and managers depend. This includes avionics that support increasingly capable operations and technologies that connect aircraft, controllers, infrastructure and data. Together, these efforts are designed to make aviation more resilient, connected and capable as traffic, technology and operational demands grow.

About Collins Aerospace
Collins Aerospace, an RTX business, provides advanced aerospace and defense solutions across avionics, aircraft interiors, aerostructures and engine components, mission systems, and power and control systems. Our global employees are dedicated to delivering innovative technologies to enhance aircraft performance, passenger comfort, operational safety and reliability.

About RTX
With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.    

For questions or to schedule an interview, please contact [email protected].

SOURCE RTX

New centerline turboprop delivers more power, efficiency and flexibility for next-generation aircraft 

, /PRNewswire/ -- Pratt & Whitney Canada today unveiled its latest turboprop engine with a new centerline that delivers 33% more power at altitude and reduces fuel consumption by 20%, compared to previous generation engines. The engine, which amassed more than 14,000 development hours, was recently certified by Transport Canada. Pratt & Whitney is an RTX (NYSE: RTX) business.

"The PT9 engine represents the next evolution of turboprop propulsion, delivering significant advances in performance, efficiency and adaptability to meet the needs of modern aviation," said Satheeshkumar Kumarasingam, president, Pratt & Whitney Canada. "Designed around evolving customer needs, including advanced digital capabilities and future-ready hybridization, its architecture can be tailored to diverse airframe types and provides a strong foundation for continued innovation and technology integration." 

The PT9 engine combines jet-like performance, turboprop efficiency and advanced digital intelligence in a next-generation architecture designed to provide more capability today and evolve with the aircraft of tomorrow. Its modular construction sets the foundation for continued innovation and technology integration, including electric aircraft and hybrid thermal-electric powerplants. The PT9 engine is ideal for high-demand missions and can be easily tailored to diverse airframe types.

Production will take place in Lethbridge, Alberta, Canada, which is also the company's global Center of Excellence for the PT6 family of turboprop engines.

About Pratt & Whitney  
Pratt & Whitney, an RTX business, is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units for military, commercial and civil aviation customers. Since 1925, our engineers have pioneered the development of revolutionary aircraft propulsion technologies, and today we support more than 90,000 in-service engines through our global network of maintenance, repair and overhaul facilities.

About RTX 
With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.  

For questions or to schedule an interview, please contact [email protected]. 

SOURCE RTX

Strong operational performance drives double-digit sales and earnings growth in Q3;
Raises 2026 outlook for adjusted sales,* adjusted EPS,* and free cash flow*

, /PRNewswire/ -- RTX (NYSE: RTX) reports third quarter 2026 results.

Third quarter 2026

Sales of $25.0 billion, up 11 percent versus prior year, and up 12 percent organically* GAAP EPS of $1.89, including $0.26 of acquisition accounting adjustments and $0.11 of restructuring and other net significant and/or non-recurring items Adjusted EPS* of $2.26, up $0.56, or 33 percent, versus prior year, including $0.25 from IEEPA cost recovery Operating cash flow of $2.9 billion, including approximately $0.3 billion from IEEPA recovery; free cash flow* of $2.1 billion Company backlog of $340 billion, including $176 billion of commercial and $164 billion of defense Awarded Tomahawk and AMRAAM multi-year undefinitized production contracts in the third quarter Updates outlook for full year 2026

Adjusted sales* of $97.0 - $97.5 billion, up from $95.0 - $96.0 billion Organic sales growth* of 10 to 11 percent, up from 8 to 9 percent Adjusted EPS* of $7.65 - $7.75, up from $7.10 - $7.25 Free cash flow* of $9.0 - $9.2 billion, up from $8.50 - $8.75 billion "Our strong execution and operational focus in the third quarter enabled RTX to deliver double-digit organic sales growth* across commercial aerospace and defense. Demand for our products remains robust with over $81 billion of new commercial and defense awards, resulting in a record backlog of $340 billion," said RTX Chairman and CEO Chris Calio.

"Given our performance year to date, we are again raising our full year outlook for adjusted sales,* adjusted EPS,* and free cash flow.* We remain focused on increasing output, optimizing our cost structure, and investing in new technologies to support our customers and drive continued growth."

Third quarter 2026
RTX third quarter reported and adjusted sales* were $25.0 billion, up 11 percent versus the prior year and 12 percent organically.* GAAP EPS of $1.89 included $0.26 of acquisition accounting adjustments and $0.11 of restructuring and other net significant and/or non-recurring items. Adjusted EPS* of $2.26 was up 33 percent versus the prior year, including $0.25 of IEEPA recovery.

The company reported net income attributable to common shareowners in the third quarter of $2.6 billion, which included $0.3 billion of acquisition accounting adjustments and $0.2 billion of restructuring and other net significant and/or non-recurring items. Adjusted net income* of $3.1 billion was up 34 percent versus the prior year driven by $1.1 billion of adjusted segment operating profit growth* across all three segments, including $0.4 billion of IEEPA recovery. This growth was partially offset by higher taxes and lower pension income. Operating cash flow in the third quarter was $2.9 billion, including $0.3 billion of IEEPA recovery. Capital expenditures were $0.7 billion, resulting in free cash flow* of $2.1 billion.

Summary Financial Results

3rd Quarter

($ in millions, except EPS)

2026

2025

% Change

Reported

Sales

$   24,965

$   22,478

11 %

Net Income

$     2,583

$     1,918

35 %

EPS

$       1.89

$       1.41

34 %

Adjusted*

Sales

$   24,965

$   22,478

11 %

Net Income

$     3,091

$     2,311

34 %

EPS

$       2.26

$       1.70

33 %

Operating Cash Flow

$     2,868

$     4,639

(38) %

Free Cash Flow*

$     2,119

$     4,025

(47) %

Segment Results 

Collins Aerospace

3rd Quarter

($ in millions)

2026

2025

% Change

Reported

Sales

$  8,382

$  7,621

10 %

Operating Profit

$  1,789

$  1,260

42 %

ROS

21.3 %

16.5 %

480

bps

Adjusted*

Sales

$  8,382

$  7,621

10 %

Operating Profit

$  1,788

$  1,194

50 %

ROS

21.3 %

15.7 %

560

bps

Collins Aerospace third quarter 2026 reported and adjusted sales* of $8,382 million were up 10 percent versus the prior year. Excluding the impact of divestitures, sales increased 12 percent organically* driven by a 23 percent increase in commercial OE, a 9 percent increase in commercial aftermarket, and a 7 percent increase in defense. The increase in commercial OE sales was driven by higher volume on narrowbody and widebody platforms, while the increase in commercial aftermarket sales was driven by growth in modifications and upgrades, provisioning, and parts and repair. The increase in defense sales was driven by higher volume across multiple programs.

Collins Aerospace reported operating profit of $1,789 million was up 42 percent versus the prior year. Reported operating profit in Q3 2025 included a gain on the sale of the actuation and flight control business. Adjusted operating profit* of $1,788 million was up 50 percent versus the prior year. The increase was driven by drop through on higher commercial volume, commercial mix, and approximately $250 million of IEEPA recovery.

Pratt & Whitney

3rd Quarter

($ in millions)

2026

2025

% Change

Reported

Sales

$  9,231

$  8,423

10 %

Operating Profit

$     608

$     751

(19) %

ROS

6.6 %

8.9 %

(230)

bps

Adjusted*

Sales

$  9,231

$  8,423

10 %

Operating Profit

$     968

$     751

29 %

ROS

10.5 %

8.9 %

160

bps

Pratt & Whitney third quarter reported and adjusted sales* of $9,231 million were up 10 percent versus the prior year. The sales growth was driven by a 21 percent increase in commercial aftermarket and a 2 percent increase in military, partially offset by a 5 percent decrease in commercial OE. The increase in commercial aftermarket was driven by higher volume, primarily GTF, while the decrease in commercial OE was driven by large commercial engine mix. The increase in military was driven by higher volume across multiple programs, partially offset by the prior year benefit from contract award timing.

Pratt & Whitney reported operating profit of $608 million was down 19 percent versus the prior year. Reported operating profit included a charge of $363 million related to a customer bankruptcy. Adjusted operating profit* of $968 million was up 29 percent versus the prior year. The increase was driven by drop through on higher commercial aftermarket volume and approximately $160 million of IEEPA recovery. This growth was partially offset by large commercial OE mix, commercial aftermarket mix, and higher SG&A expense.

Raytheon

3rd Quarter

($ in millions)

2026

2025

% Change

Reported

Sales

$  8,031

$  7,045

14 %

Operating Profit

$  1,133

$     859

32 %

ROS

14.1 %

12.2 %

190

bps

Adjusted*

Sales

$  8,031

$  7,045

14 %

Operating Profit

$  1,134

$     859

32 %

ROS

14.1 %

12.2 %

190

bps

Raytheon third quarter reported and adjusted sales* of $8,031 million were up 14 percent versus the prior year. This increase was driven by higher volume on naval programs and land and air defense systems, including Patriot, Standard Missile, and Tomahawk. 

Raytheon reported operating profit of $1,133 million was up 32 percent versus the prior year. Adjusted operating profit* of $1,134 million was up 32 percent versus the prior year. The increase was driven by improved net productivity, higher volume, and favorable mix, including Patriot programs. Productivity in the quarter included approximately $85 million of benefits associated with an international contract modification and a favorable adjustment related to an offset obligation.

*Adjusted net sales (also referred to as adjusted sales), organic sales, adjusted operating profit (loss) and margin percentage (ROS), segment operating profit (loss) and margin percentage (ROS), adjusted segment sales, adjusted segment operating profit (loss) and margin percentage (ROS), adjusted net income, adjusted earnings per share ("EPS"), adjusted effective tax rate, and free cash flow are non-GAAP financial measures. When we provide our expectation for adjusted net sales (also referred to as adjusted sales), adjusted EPS and free cash flow on a forward-looking basis, a reconciliation of these non-GAAP financial measures to the corresponding GAAP measures (expected diluted EPS and expected cash flow from operations) is not available without unreasonable effort due to potentially high variability, complexity, and low visibility as to the items that would be excluded from the GAAP measure in the relevant future period, such as unusual gains and losses, the ultimate outcome of pending litigation, fluctuations in foreign currency exchange rates, the impact and timing of potential acquisitions and divestitures, and other structural changes or their probable significance. The variability of the excluded items may have a significant, and potentially unpredictable, impact on our future GAAP results. See "Use and Definitions of Non-GAAP Financial Measures" below for information regarding non-GAAP financial measures.

IEEPA = International Emergency Economic Powers Act.

About RTX
With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.

Conference Call on the Third Quarter 2026 Financial Results
RTX's financial results conference call will be held on Tuesday, October 20, 2026 at 8:30 a.m. ET. The conference call will be webcast live on the company's website at www.rtx.com and will be available for replay following the call. The corresponding presentation slides will be available for downloading prior to the call.

Use and Definitions of Non-GAAP Financial Measures
RTX Corporation ("RTX" or "the Company") reports its financial results in accordance with accounting principles generally accepted in the United States ("GAAP"). We supplement the reporting of our financial information determined under GAAP with certain non-GAAP financial information. The non-GAAP information presented provides investors with additional useful information but should not be considered in isolation or as substitutes for the related GAAP measures. We believe that these non-GAAP measures provide investors with additional insight into the Company's ongoing business performance. Other companies may define non-GAAP measures differently, which limits the usefulness of these measures for comparisons with such other companies. We encourage investors to review our financial statements and publicly-filed reports in their entirety and not to rely on any single financial measure. A reconciliation of the non-GAAP measures to the corresponding amounts prepared in accordance with GAAP appears in the tables in this Appendix. Certain non-GAAP financial adjustments are also described in this Appendix. Below are our non-GAAP financial measures:

Non-GAAP measure

Definition

Adjusted net sales / Adjusted sales

Represents consolidated net sales (a GAAP measure), excluding net significant and/or non-recurring items1 (hereinafter referred to as "net significant and/or non-recurring items").

Organic sales

Organic sales represents the change in consolidated net sales (a GAAP measure), excluding the impact of foreign currency translation, acquisitions and divestitures completed in the preceding twelve months and net significant and/or non-recurring items.

Adjusted operating profit (loss) and margin percentage (ROS)

Adjusted operating profit (loss) represents operating profit (loss) (a GAAP measure), excluding restructuring costs, acquisition accounting adjustments2, and net significant and/or non-recurring items. Adjusted operating profit margin percentage represents adjusted operating profit (loss) as a percentage of adjusted net sales.

Segment operating profit (loss) and margin percentage (ROS)

Segment operating profit (loss) represents operating profit (loss) (a GAAP measure) excluding acquisition accounting adjustments2, the FAS/CAS operating adjustment3, Corporate expenses and other unallocated items, and Eliminations and other. Segment operating profit margin percentage represents segment operating profit (loss) as a percentage of segment sales (net sales, excluding Eliminations and other).

Adjusted segment sales

Represents consolidated net sales (a GAAP measure) excluding eliminations and other and net significant and/or non-recurring items.

Adjusted segment operating profit (loss) and margin percentage (ROS)

Adjusted segment operating profit (loss) represents segment operating profit (loss) excluding restructuring costs, and net significant and/or non-recurring items. Adjusted segment operating profit margin percentage represents adjusted segment operating profit (loss) as a percentage of adjusted segment sales (adjusted net sales excluding Eliminations and other).

Adjusted net income

Adjusted net income represents net income (a GAAP measure), excluding restructuring costs, acquisition accounting adjustments2, and net significant and/or non-recurring items.

Adjusted earnings per share (EPS)

Adjusted EPS represents diluted earnings per share (a GAAP measure), excluding restructuring costs, acquisition accounting adjustments2, and net significant and/or non-recurring items.

Adjusted effective tax rate

Adjusted effective tax rate represents the effective tax rate (a GAAP measure), excluding the tax impact of restructuring costs, acquisition accounting adjustments2, and net significant and/or non-recurring items.

Free cash flow

Free cash flow represents cash flow from operating activities (a GAAP measure) less capital expenditures. Management believes free cash flow is a useful measure of liquidity and an additional basis for assessing RTX's ability to fund its activities, including the financing of acquisitions, debt service, repurchases of RTX's common stock, and distribution of earnings to shareowners.

1 Net significant and/or non-recurring items represent significant nonoperational items and/or significant operational items that may occur at irregular intervals.

2 Acquisition accounting adjustments include the amortization of acquired intangible assets related to acquisitions, the amortization of the property, plant and equipment fair value adjustment acquired through acquisitions, the amortization of customer contractual obligations related to loss making or below market contracts acquired, and goodwill impairment, if applicable.

3 The FAS/CAS operating adjustment represents the difference between the service cost component of our pension and postretirement benefit (PRB) expense under the Financial Accounting Standards (FAS) requirements of GAAP and our pension and PRB expense under U.S. government Cost Accounting Standards (CAS) primarily related to our Raytheon segment.

When we provide our expectation for adjusted net sales (also referred to as adjusted sales), organic sales, adjusted operating profit (loss) and margin percentage (ROS), adjusted segment operating profit (loss) and margin percentage (ROS), adjusted EPS, adjusted effective tax rate, and free cash flow, on a forward-looking basis, a reconciliation of the differences between the non-GAAP expectations and the corresponding GAAP measures, as described above, generally are not available without unreasonable effort due to potentially high variability, complexity, and low visibility as to the items that would be excluded from the GAAP measure in the relevant future period, such as unusual gains and losses, the ultimate outcome of pending litigation, fluctuations in foreign currency exchange rates, the impact and timing of potential acquisitions and divestitures, and other structural changes or their probable significance. The variability of the excluded items may have a significant, and potentially unpredictable, impact on our future GAAP results.

Cautionary Statement Regarding Forward-Looking Statements This press release contains statements which, to the extent they are not statements of historical or present fact, constitute "forward-looking statements" under the securities laws. These forward-looking statements are intended to provide RTX Corporation ("RTX") management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid, and are not statements of historical fact. Forward-looking statements can be identified by the use of words such as "believe," "expect," "expectations," "plans," "strategy," "prospects," "estimate," "project," "target," "anticipate," "will," "should," "see," "guidance," "outlook," "goals," "objectives," "confident," "on track," "designed to," "commit," "commitment" and other words of similar meaning. Forward-looking statements may include, among other things, statements relating to future sales, earnings, cash flow, results of operations, uses of cash, share repurchases, tax payments and rates, research and development spending, cost savings, other measures of financial performance, potential future plans, strategies or transactions, credit ratings and net indebtedness, the Pratt powder metal matter and related matters and activities, including without limitation other engine models that may be impacted, targets and commitments (including for share repurchases or otherwise), and other statements which are not solely historical facts. All forward-looking statements involve risks, uncertainties, changes in circumstances and other factors that are hard to predict and each of which may cause actual results to differ materially from those expressed or implied in the forward-looking statements. For those statements, we claim the protection of the safe harbor for forward-looking statements contained in the U.S. Private Securities Litigation Reform Act of 1995, as amended. Such risks, uncertainties and other factors include, without limitation: (1) changes in economic, capital market, and political conditions in the U.S. and globally; (2) changes in U.S. or foreign government defense spending, national priorities, and policy positions; (3) our performance on our contracts and programs, including our ability to control costs, and our dependence on U.S. government approvals for certain international contracts; (4) challenges in the development, certification, production, delivery, support, and performance of RTX's advanced technologies and new products and services and the realization of the anticipated benefits; (5) the challenges of operating in RTX's highly-competitive industries both domestically and abroad; (6) our reliance on U.S. and non-U.S. suppliers and commodity markets, including cost increases and disruptions in the delivery of materials and services to RTX or our suppliers; (7) changes in trade policies, implementation of sanctions, imposition of tariffs (and counter-tariffs) and other trade measures and restrictions, foreign currency fluctuations, and sales methods; (8) the economic condition of the aerospace industry; (9) the ability of RTX to attract, train, qualify, and retain qualified personnel and maintain its culture and high ethical standards, and the ability of our personnel to continue to operate our facilities and businesses around the world; (10) the scope, nature, timing, and challenges of managing and completing acquisitions, investments, divestitures, and other transactions; (11) compliance with legal, environmental, regulatory, and other requirements in the U.S. and other countries in which RTX and its businesses operate; (12) pending, threatened, and future legal proceedings, investigations, audits and other contingencies; (13) the previously-disclosed deferred prosecution agreements entered into between RTX and the Department of Justice (DOJ), the Securities and Exchange Commission (SEC) administrative order imposed on RTX, and the related investigations by the SEC and DOJ, the consent agreement between RTX and the Department of State, and the administrative agreement between RTX and the Department of the Navy; (14) RTX's ability to engage in desirable capital-raising or strategic transactions; (15) repurchases by RTX of its common stock, or declarations of cash dividends, which may be discontinued, accelerated, suspended, or delayed at any time due to various factors; (16) realizing expected benefits from, incurring costs for, and successfully managing strategic initiatives such as cost reduction, restructuring, digital transformation, and other operational initiatives; (17) additional tax exposures due to new tax legislation or other developments in the U.S. and other countries in which RTX and its businesses operate; (18) the identified rare condition in powder metal used to manufacture certain Pratt & Whitney engine parts requiring accelerated removals and inspections of a significant portion of the PW1100G-JM Geared Turbofan (GTF) fleet; (19) changes in production volumes of one or more of our significant customers as a result of business, labor, or other challenges, and the resulting effect on its or their demand for our products and services; (20) an RTX product safety failure, quality issue, or other failure affecting RTX's or its customers' or suppliers' products or systems; (21) cybersecurity, including cyber-attacks on RTX's information technology infrastructure, products, suppliers, customers and partners, and cybersecurity-related regulations; (22) insufficient indemnity or insurance coverage; (23) our intellectual property and certain third-party intellectual property; (24) threats to RTX facilities and personnel, or those of its suppliers or customers, as well as public health crises, damaging weather, acts of nature, or other similar events outside of RTX's control that may affect RTX or its suppliers or customers; (25) changes in accounting estimates for our programs on our financial results; (26) changes in pension and other postretirement plan estimates and assumptions and contributions; (27) an impairment of goodwill and other intangible assets; and (28) climate change and climate-related regulations, and related customer and market demands, products and technologies. For additional information on identifying factors that may cause actual results to differ materially from those expressed or implied in the forward-looking statements, see the reports of RTX filed with or furnished to the Securities and Exchange Commission from time to time, including our most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Any forward-looking statement speaks only as of the date on which it is made, and RTX assumes no obligation to update or revise such statement, whether as a result of new information, future events or otherwise, except as required by applicable law.

RTX Corporation

Condensed Consolidated Statement of Operations

Quarter Ended
September 30,

Nine Months Ended
September 30,

(Unaudited)

(Unaudited)

(dollars in millions, except per share amounts; shares in millions)

2026

2025

2026

2025

Net Sales

$   24,965

$   22,478

$   71,749

$   64,365

Costs and expenses:

Cost of sales

19,160

17,898

56,217

51,293

Research and development

711

684

2,064

2,018

Selling, general, and administrative

1,918

1,436

5,052

4,457

Total costs and expenses

21,789

20,018

63,333

57,768

Other income, net

161

63

287

107

Operating profit

3,337

2,523

8,703

6,704

Non-service pension income

(345)

(364)

(1,048)

(1,081)

Interest expense, net

381

449

1,188

1,349

Income before income taxes

3,301

2,438

8,563

6,436

Income tax expense

593

432

1,449

1,080

Net income

2,708

2,006

7,114

5,356

Less: Noncontrolling interest in subsidiaries' earnings

125

88

333

246

Net income attributable to common shareowners

$     2,583

$     1,918

$     6,781

$     5,110

Earnings Per Share attributable to common shareowners:

Basic

$      1.91

$      1.43

$      5.02

$      3.81

Diluted

$      1.89

$      1.41

$      4.96

$      3.77

Weighted Average Shares Outstanding:

Basic shares

1,352.2

1,343.1

1,350.2

1,340.2

Diluted shares

1,368.1

1,358.4

1,365.8

1,354.7

RTX Corporation

Segment Net Sales and Operating Profit (Loss)

Quarter Ended

Nine Months Ended

(Unaudited)

(Unaudited)

September 30, 2026

September 30, 2025

September 30, 2026

September 30, 2025

(dollars in millions)

Reported

Adjusted

Reported

Adjusted

Reported

Adjusted

Reported

Adjusted

Net Sales

Collins Aerospace

$ 8,382

$ 8,382

$ 7,621

$ 7,621

$24,194

$24,194

$22,460

$22,460

Pratt & Whitney

9,231

9,231

8,423

8,423

26,293

26,293

23,420

23,420

Raytheon

8,031

8,031

7,045

7,045

23,245

23,245

20,386

20,386

Total segments

25,644

25,644

23,089

23,089

73,732

73,732

66,266

66,266

Eliminations and other

(679)

(679)

(611)

(611)

(1,983)

(1,983)

(1,901)

(1,901)

Consolidated

$24,965

$24,965

$22,478

$22,478

$71,749

$71,749

$64,365

$64,365

Operating Profit (Loss)

Collins Aerospace

$ 1,789

$ 1,788

$ 1,260

$ 1,194

$ 4,402

$ 4,456

$ 3,521

$ 3,670

Pratt & Whitney

608

968

751

751

2,056

2,419

1,823

1,949

Raytheon

1,133

1,134

859

859

3,016

3,022

2,342

2,346

Total segments

3,530

3,890

2,870

2,804

9,474

9,897

7,686

7,965

Eliminations and other

110

(49)

(14)

(14)

246

17

22

(19)

Corporate expenses and other unallocated items

(26)

(25)

(25)

(23)

(138)

(59)

(110)

(94)

FAS/CAS operating adjustment

171

171

199

199

514

514

570

570

Acquisition accounting adjustments

(448)

—

(507)

—

(1,393)

—

(1,464)

—

Consolidated

$ 3,337

$ 3,987

$ 2,523

$ 2,966

$ 8,703

$          10,369

$ 6,704

$ 8,422

Segment Operating Profit Margin

Collins Aerospace

21.3 %

21.3 %

16.5 %

15.7 %

18.2 %

18.4 %

15.7 %

16.3 %

Pratt & Whitney

6.6 %

10.5 %

8.9 %

8.9 %

7.8 %

9.2 %

7.8 %

8.3 %

Raytheon

14.1 %

14.1 %

12.2 %

12.2 %

13.0 %

13.0 %

11.5 %

11.5 %

Total segment

13.8 %

15.2 %

12.4 %

12.1 %

12.8 %

13.4 %

11.6 %

12.0 %

RTX Corporation

Condensed Consolidated Balance Sheet

September 30, 2026

December 31, 2025

(dollars in millions)

(Unaudited)

(Unaudited)

Assets

Cash and cash equivalents

$           9,173

$           7,435

Accounts receivable, net

14,681

14,701

Contract assets, net

18,701

17,092

Inventory, net

14,953

13,364

Other assets, current

8,561

7,740

Total current assets

66,069

60,332

Customer financing assets

1,880

2,132

Fixed assets, net

17,235

16,868

Operating lease right-of-use assets

1,770

1,887

Goodwill

52,969

53,343

Intangible assets, net

30,652

31,845

Other assets

6,021

4,672

Total assets

$        176,596

$        171,079

Liabilities, Redeemable Noncontrolling Interest, and Equity

Short-term borrowings

$               210

$               204

Accounts payable

17,803

15,895

Accrued employee compensation

3,155

3,308

Other accrued liabilities

14,801

14,350

Contract liabilities

21,550

21,615

Long-term debt currently due

5,679

3,412

Total current liabilities

63,198

58,784

Long-term debt

31,490

34,288

Operating lease liabilities, non-current

1,495

1,602

Future pension and postretirement benefit obligations

1,913

2,067

Other long-term liabilities

7,508

7,200

Total liabilities

105,604

103,941

Redeemable noncontrolling interest

28

36

Shareowners' Equity:

Common stock

38,673

38,126

Treasury stock

(26,712)

(26,881)

Retained earnings

60,597

56,718

Accumulated other comprehensive loss

(3,308)

(2,718)

Total shareowners' equity

69,250

65,245

Noncontrolling interest

1,714

1,857

Total equity

70,964

67,102

Total liabilities, redeemable noncontrolling interest, and equity

$        176,596

$        171,079

RTX Corporation

Condensed Consolidated Statement of Cash Flows

Quarter Ended
September 30,

Nine Months Ended
September 30,

(Unaudited)

(Unaudited)

(dollars in millions)

2026

2025

2026

2025

Operating Activities:

Net income

$     2,708

$     2,006

$     7,114

$     5,356

Adjustments to reconcile net income to net cash flows provided by operating activities from:

Depreciation and amortization

1,068

1,091

3,218

3,219

Deferred income tax provision

90

477

60

598

Stock compensation cost

159

113

455

337

Net periodic pension and other postretirement income

(304)

(320)

(920)

(956)

Share-based 401(k) matching contributions

135

128

474

435

Change in:

Accounts receivable

(717)

(351)

377

(1,488)

Contract assets

(242)

(934)

(2,184)

(2,124)

Inventory

(543)

182

(1,686)

(1,015)

Other current assets

(552)

(879)

(974)

(979)

Accounts payable and accrued liabilities

1,806

2,237

2,753

2,096

Contract liabilities

(980)

986

(688)

1,329

Other operating activities, net

240

(97)

271

(406)

Net cash flows provided by operating activities

2,868

4,639

8,270

6,402

Investing Activities:

Capital expenditures

(749)

(614)

(1,964)

(1,657)

Dispositions of businesses, net of cash transferred

—

1,188

—

1,188

Increase in other intangible assets

(73)

(121)

(229)

(347)

Receipts from settlements of derivative contracts, net

7

42

8

187

Other investing activities, net

(42)

(24)

(224)

(87)

Net cash flows (used in) provided by investing activities

(857)

471

(2,409)

(716)

Financing Activities:

Repayment of long-term debt

(2)

(1,500)

(526)

(2,289)

Change in commercial paper, net

—

(1,432)

—

—

Dividends paid

(984)

(910)

(2,882)

(2,660)

Repurchase of common stock

—

—

—

(50)

Other financing activities, net

(190)

(81)

(677)

(333)

Net cash flows used in financing activities

(1,176)

(3,923)

(4,085)

(5,332)

Effect of foreign exchange rate changes on cash and cash equivalents

3

(10)

(16)

44

Net increase in cash, cash equivalents, and restricted cash

838

1,177

1,760

398

Cash, cash equivalents and restricted cash, beginning of period

8,392

4,827

7,470

5,606

Cash, cash equivalents and restricted cash, end of period

9,230

6,004

9,230

6,004

Less: Restricted cash, included in Other assets, current and Other assets

57

38

57

38

Cash and cash equivalents, end of period

$     9,173

$     5,966

$     9,173

$     5,966

RTX Corporation

Reconciliation of Adjusted (Non-GAAP) Results

Adjusted Sales, Adjusted Operating Profit (Loss) & Operating Profit (Loss) Margin

Quarter Ended
September 30,

Nine Months Ended
September 30,

(Unaudited)

(Unaudited)

(dollars in millions - Income (Expense))

2026

2025

2026

2025

Collins Aerospace

Net sales

$    8,382

$     7,621

$    24,194

$   22,460

Operating profit

$    1,789

$     1,260

$      4,402

$     3,521

Restructuring

6

(17)

(49)

(169)

Gain on sale of businesses, net of transaction and other related costs (1)

—

95

—

95

Portfolio transformation and divestiture costs (1)

(5)

(12)

(5)

(75)

Adjusted operating profit

$    1,788

$     1,194

$      4,456

$     3,670

Adjusted operating profit margin

21.3 %

15.7 %

18.4 %

16.3 %

Pratt & Whitney

Net sales

$    9,231

$     8,423

$    26,293

$   23,420

Operating profit

$       608

$        751

$      2,056

$     1,823

Restructuring

3

—

—

(18)

Customer bankruptcy (1)

(363)

—

(363)

(108)

Adjusted operating profit

$       968

$        751

$      2,419

$     1,949

Adjusted operating profit margin

10.5 %

8.9 %

9.2 %

8.3 %

Raytheon

Net sales

$    8,031

$     7,045

$    23,245

$   20,386

Operating profit

$    1,133

$        859

$      3,016

$     2,342

Restructuring

(1)

—

(6)

(4)

Adjusted operating profit

$    1,134

$        859

$      3,022

$     2,346

Adjusted operating profit margin

14.1 %

12.2 %

13.0 %

11.5 %

Eliminations and Other

Net sales

$      (679)

$       (611)

$    (1,983)

$    (1,901)

Operating profit

$       110

$         (14)

$        246

$          22

Gains on investments (1)

159

—

229

41

Adjusted operating profit (loss)

$       (49)

$         (14)

$          17

$         (19)

Corporate expenses and other unallocated items

Operating loss

$       (26)

$         (25)

$       (138)

$       (110)

Restructuring

(1)

(2)

(10)

(11)

Tax audit settlements and closures (1)

—

—

—

(5)

Litigation matter (1)

—

—

(69)

—

Adjusted operating profit (loss)

$       (25)

$         (23)

$         (59)

$         (94)

FAS/CAS Operating Adjustment

Operating profit

$      171

$        199

$        514

$        570

Acquisition Accounting Adjustments

Operating loss

$     (448)

$       (507)

$    (1,393)

$    (1,464)

Acquisition accounting adjustments

(448)

(507)

(1,393)

(1,464)

Adjusted operating loss

$         —

$          —

$          —

$          —

RTX Consolidated

Net sales

$  24,965

$  22,478

$  71,749

$  64,365

Operating profit

$    3,337

$    2,523

$    8,703

$    6,704

Restructuring

7

(19)

(65)

(202)

Acquisition accounting adjustments

(448)

(507)

(1,393)

(1,464)

Total net significant and/or non-recurring items included in Operating profit above (1)

(209)

83

(208)

(52)

Adjusted operating profit

$    3,987

$    2,966

$  10,369

$    8,422

(1)  Refer to "Non-GAAP Financial Adjustments" below for a description of these adjustments.

RTX Corporation

Reconciliation of Adjusted (Non-GAAP) Results

Adjusted Income, Earnings Per Share, and Effective Tax Rate

Quarter Ended
September 30,

Nine Months Ended
September 30,

(Unaudited)

(Unaudited)

(dollars in millions - Income (Expense))

2026

2025

2026

2025

Net income attributable to common shareowners

$  2,583

$  1,918

$  6,781

$  5,110

Total Restructuring

7

(19)

(65)

(202)

Total Acquisition accounting adjustments

(448)

(507)

(1,393)

(1,464)

Total net significant and/or non-recurring items included in Operating profit (1)

(209)

83

(208)

(52)

Significant and/or non-recurring items included in Non-service Pension Income

Non-service pension restructuring

(3)

—

(7)

—

Significant non-recurring and non-operational items included in Interest Expense, Net

Tax audit settlements and closures (1)

—

—

—

54

International tax matter (1)

—

—

—

(35)

Tax effect of restructuring and net significant and/or non-recurring items above

145

50

359

330

Significant and/or non-recurring items included in Income Tax Expense

Tax audit settlements and closures (1)

—

—

—

59

Less: Impact on net income attributable to common shareowners

(508)

(393)

(1,314)

(1,310)

Adjusted net income attributable to common shareowners

$  3,091

$  2,311

$  8,095

$  6,420

Diluted Earnings Per Share

$    1.89

$    1.41

$    4.96

$   3.77

Impact on Diluted Earnings Per Share

(0.37)

(0.29)

(0.97)

(0.97)

Adjusted Diluted Earnings Per Share

$    2.26

$    1.70

$    5.93

$     4.74

Effective Tax Rate

18.0 %

17.7 %

16.9 %

16.8 %

Impact on Effective Tax Rate

(0.7) %

1.0 %

(0.8) %

(1.3) %

Adjusted Effective Tax Rate

18.7 %

16.7 %

17.7 %

18.1 %

(1)  Refer to "Non-GAAP Financial Adjustments" below for a description of these adjustments.

RTX Corporation

Reconciliation of Adjusted (Non-GAAP) Results

Segment Operating Profit Margin and Adjusted Segment Operating Profit Margin

Quarter Ended
September 30,

Nine Months Ended
September 30,

(Unaudited)

(Unaudited)

(dollars in millions)

2026

2025

2026

2025

Net Sales

$  24,965

$  22,478

$  71,749

$  64,365

Reconciliation to segment net sales:

Eliminations and other

679

611

1,983

1,901

Segment Net Sales

$  25,644

$  23,089

$  73,732

$  66,266

Operating Profit

$    3,337

$    2,523

$    8,703

$    6,704

Operating Profit Margin

13.4 %

11.2 %

12.1 %

10.4 %

Reconciliation to segment operating profit:

Eliminations and other

(110)

14

(246)

(22)

Corporate expenses and other unallocated items

26

25

138

110

FAS/CAS operating adjustment

(171)

(199)

(514)

(570)

Acquisition accounting adjustments

448

507

1,393

1,464

Segment Operating Profit

$    3,530

$    2,870

$    9,474

$    7,686

Segment Operating Profit Margin

13.8 %

12.4 %

12.8 %

11.6 %

Reconciliation to adjusted segment operating profit:

Restructuring

8

(17)

(55)

(191)

Net significant and/or non-recurring items (1)

(368)

83

(368)

(88)

Adjusted Segment Operating Profit

$    3,890

$    2,804

$    9,897

$    7,965

Adjusted Segment Operating Profit Margin

15.2 %

12.1 %

13.4 %

12.0 %

(1)  Refer to "Non-GAAP Financial Adjustments" below for a description of these adjustments.

RTX Corporation

Free Cash Flow Reconciliation

Quarter Ended September 30,

(Unaudited)

(dollars in millions)

2026

2025

Net cash flows provided by operating activities

$         2,868

$         4,639

Capital expenditures

(749)

(614)

Free cash flow

$         2,119

$         4,025

Nine Months Ended September 30,

(Unaudited)

(dollars in millions)

2026

2025

Net cash flows provided by operating activities

$         8,270

$         6,402

Capital expenditures

(1,964)

(1,657)

Free cash flow

$         6,306

$         4,745

RTX Corporation

Reconciliation of Adjusted (Non-GAAP) Results

Organic Sales Reconciliation

Quarter ended September 30, 2026 compared to the Quarter Ended September 30, 2025

(Unaudited)

(dollars in millions)

Total Reported
Change

Acquisitions &
Divestitures
Change

FX / Other
Change (2)

Organic Change

Prior Year
Adjusted Sales (1)

Organic Change
as a % of
Adjusted Sales

Collins Aerospace

$           761

$          (138)

$            (8)

$           907

$         7,621

12 %

Pratt & Whitney

808

—

(8)

816

8,423

10 %

Raytheon

986

—

6

980

7,045

14 %

Eliminations and Other (3)

(68)

14

10

(92)

(611)

15 %

Consolidated

$         2,487

$          (124)

$            —

$         2,611

$       22,478

12 %

(1)

For the full Non-GAAP reconciliation of adjusted sales refer to "Reconciliation of Adjusted (Non-GAAP) Results - Adjusted Sales, Adjusted Operating Profit & Operating Profit Margin."

(2)

Includes other significant non-operational items and/or significant operational items that may occur at irregular intervals.

(3)

FX/Other Change includes the transactional impact of foreign exchange hedging at Pratt & Whitney Canada, which is included in Pratt & Whitney's FX/Other Change, but excluded for Consolidated RTX.

Nine Months Ended September 30, 2026 compared to the Nine Months Ended September 30, 2025

(Unaudited)

(dollars in millions)

Total Reported
Change

Acquisitions &
Divestitures
Change

FX / Other
Change (2)

Organic Change

Prior Year
Adjusted Sales (1)

Organic Change
as a % of
Adjusted Sales

Collins Aerospace

$         1,734

$          (925)

$            43

$         2,616

$       22,460

12 %

Pratt & Whitney

2,873

—

13

2,860

23,420

12 %

Raytheon

2,859

—

35

2,824

20,386

14 %

Eliminations and Other (3)

(82)

40

(21)

(101)

(1,901)

5 %

Consolidated

$         7,384

$          (885)

$            70

$         8,199

$       64,365

13 %

(1)

For the full Non-GAAP reconciliation of adjusted sales refer to "Reconciliation of Adjusted (Non-GAAP) Results - Adjusted Sales, Adjusted Operating Profit & Operating Profit Margin."

(2)

Includes other significant non-operational items and/or significant operational items that may occur at irregular intervals.

(3)

FX/Other Change includes the transactional impact of foreign exchange hedging at Pratt & Whitney Canada, which is included in Pratt & Whitney's FX/Other Change, but excluded for Consolidated RTX.

Non-GAAP Financial Adjustments

Non-GAAP Adjustments

Description

Portfolio transformation and divestiture costs

The quarters and nine months ended September 30, 2026 and 2025 include separation costs incurred in advance of the completion of certain divestitures.

Customer bankruptcy

The quarter and nine months ended September 30, 2026 include a net pre-tax charge of approximately $0.4 billion related to a customer bankruptcy at Pratt & Whitney. The nine months ended September 30, 2025 includes a net pre-tax charge of approximately $0.1 billion related to a customer bankruptcy at Pratt & Whitney. The charges primarily relate to contract asset exposures with specific customers. Management has determined that the nature and significance of these charges is considered unusual and, therefore, not indicative of the Company's ongoing operational performance.

Gain on sale of businesses, net of transaction and other related costs

The quarters and nine months ended September 30, 2025 include a pre-tax gain, net of transaction and other related costs, of $0.1 billion associated with the completed sale of the actuation and flight control business at Collins. Management has determined that the nature of the net gain on this divestiture is considered significant and non-operational and, therefore, not indicative of the Company's ongoing operational performance.

Gains on investments

The quarter and nine months ended September 30, 2026 include a pre-tax gain of $159 million and $229 million, respectively, related to the increase in fair value on certain investments. The nine months ended September 30, 2025 includes a pre-tax gain of $41 million related to the increase in fair value on an investment. Management has determined that the nature of the gains on these investments is considered significant and non-operational and, therefore, not indicative of the Company's ongoing operational performance.

Tax audit settlements and closures

The nine months ended September 30, 2025 includes a tax benefit of $59 million and a pre-tax benefit on the reversal of $54 million of interest accruals both recognized as a result of the closure of the examination phase of multiple state tax audits.

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SOURCE RTX

Modern warfare demands a delicate balancing act. Global powers are actively modernizing legacy nuclear deterrence systems while simultaneously scrambling to counter cheap, asymmetric drone swarms. Capturing defense sector spending on both ends of this spectrum requires an integrated manufacturing footprint.

RTX Today

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As of 11:36 AM Eastern

This is a fair market value price provided by Massive. Learn more.

$156.10▼

$226.881.53%

33.71

$226.75

Raytheon, a business unit of RTX Corporation NYSE: RTX, recently secured an $8 billion sole-source nuclear command-and-control modernization award alongside its first international counter-drone contract. These dual wins position RTX at the center of the world's most critical defense priorities.

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With revenue pathways locked through approximately 2036, urgent munitions restocking driving production floors, and high-margin export streams launching in the Middle East, defense contract momentum is transitioning into sustained cash-flow expansion. As military budgets adapt to overlapping global conflicts, the broader aerospace sector is re-rating. A recent pullback in RTX's stock price offers a disciplined entry point into a defense heavyweight possessing unmatched multi-decade visibility.

Arming Two Fronts: Strategic and TacticalAerospace investors might feel they have to choose between high-end legacy prime contractors and nimble tactical technology firms. Raytheon breaks that assumption. The defense giant just landed an $8 billion sole-source indefinite-delivery/indefinite-quantity contract to modernize the U.S. Air Force's Nuclear Command, Control, and Communications terminals. Running through late 2036, this agreement ensures Raytheon will build and sustain the communications architecture connecting the nation's strategic nuclear triad for the next decade.

Simultaneously, Raytheon announced a $729 million award to deliver the Low, Slow, Small Unmanned Aircraft Integrated Defeat System to the U.S. Army, Qatar, and Jordan. This package integrates the Ku-band Radio Frequency Sensor radar with the Coyote drone interceptor. What makes this particular award notable is its reach. It marks the first international export of the Coyote and KuRFS platforms.

This is the modern defense barbell in action. Defense budgets are currently allocating heavy capital to deter existential threats while also funding immediate solutions to daily drone skirmishes. Capturing both ends of this spending spectrum creates a resilient revenue base for Raytheon.

Locking in a Decade of Defense RevenueSecuring a 10-year sole-source agreement for nuclear communications provides a predictable floor for long-term revenue. While the initial funded obligation for the contract sits at around $800,000, the sole-source structure effectively locks in future congressional appropriations. Raytheon does not have to fight for this specific budget allocation every year, as the long-term acquisition pathway is already cemented into the military supply chain.

On the tactical side, the roughly $729 million counter-drone contract acts as a gateway to high-margin recurring revenue. Foreign Military Sales traditionally carry more favorable margins than domestic procurement.

By exporting the KuRFS and Coyote systems to allied nations like Qatar and Jordan, Raytheon establishes a global footprint for its tactical hardware. Air defense is not a one-time purchase. Once a nation installs the radar systems and launchers, it must continually restock the interceptor missiles to maintain readiness.

This creates a consumable razor-and-blade business model where early international agreements yield decades of profitable restocking orders. As global demand for drone mitigation rises, Raytheon is positioning itself as the primary supplier for allied nations.

Restocking the Global ArsenalThe Pentagon is aggressively replenishing inventory depleted by ongoing global operations. The Department of Defense recently awarded Raytheon a $6.3 billion multi-year contract for SM-3 Block IB ballistic missile interceptors. When layered on top of the approximate $24.4 billion Standard Missile-6 production enterprise, the sheer volume of interceptor demand becomes clear. Active combat theaters are consuming munitions faster than supply chains can produce them, converting authorized defense budgets directly into near-term backlog expansion.

Raytheon is also demonstrating a level of operational agility rarely seen among legacy defense primes. The business completed three successful test flights for its upgraded Coyote Block 2C+RM platform in just 15 months.

This rapid development cycle contrasts sharply with the slower, single-digit organic growth profiles currently observed at peers like Lockheed Martin Corporation NYSE: LMT and General Dynamics Corporation NYSE: GD. Raytheon's ability to innovate quickly and scale production lines translates directly into margin capture. When the military needs immediate solutions for active combat zones, contractors that can bypass years of bureaucratic testing phases win the lucrative replenishment orders.

Cash Flow Shields Against Market ShocksFrom a fundamental perspective, defense contractors often trade at a premium due to their insulated revenue streams. RTX currently trades at a trailing price-to-earnings ratio near 33x, which might appear elevated at first glance. Looking ahead to projected earnings, the forward multiple compresses to about 26x. This re-rating is supported by Wall Street consensus estimates lifting fiscal year 2027 earnings projections toward $7.87 per share.

Raytheon generates healthy operating cash flow of around $9.58 per share, easily covering its dividend yield of approximately 1.6%. For investors wary of macroeconomic headwinds, the stock offers a remarkably low beta of 0.31, indicating minimal correlation with broader market swings.

Beyond government contracts, defense is only one side of the ledger. Raytheon benefits from an accelerating commercial aerospace aftermarket. The Pratt & Whitney and Collins Aerospace divisions are riding a wave of commercial maintenance, repair, and overhaul demand, with analysts projecting roughly 11.6% growth in this segment through 2027.

Airlines are keeping older planes in service longer because new aircraft deliveries are delayed across the manufacturing industry, directly benefiting engine makers and parts suppliers. This recurring commercial maintenance revenue provides a cash cushion that buffers against any temporary political friction in defense spending.

Securing a Position in the Aerospace ShieldWith third-quarter earnings approaching, the market will look for evidence that recent contract momentum is flowing into operating margins. During the second quarter, Raytheon beat expectations, posting earnings of $1.89 per share against a $1.66 estimate on approximately $24.71 billion in revenue.

RTX Stock Forecast Today12-Month Stock Price Forecast:
$226.75
20.14% Upside

Moderate Buy
Based on 27 Analyst Ratings

Current Price$188.74High Forecast$265.00Average Forecast$226.75Low Forecast$195.00RTX Stock Forecast Details

Shares are trading around $186, down about 18% from their 52-week peak near $226.88. This consolidation comes despite average analyst price targets around $227, implying healthy upside over the coming year.

The recent string of multi-billion-dollar awards confirms that global demand for both strategic deterrence and tactical air defense is accelerating.

With a fortified balance sheet, expanding foreign military sales, and a 10-year runway in nuclear communications, the fundamental thesis remains intact. Cautious investors might consider evaluating positions during this pullback, securing a defensive asset with a clear trajectory for multi-year expansion.

Should You Invest $1,000 in RTX Right Now?Before you consider RTX, you'll want to hear this.

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RTX Corporation (NYSE:RTX) will release earnings for its third quarter before the opening bell on Tuesday, Oct. 20.

Analysts expect the Arlington, Virginia-based company to report quarterly earnings of $1.77 per share, up from $1.70 per share in the year-ago period. The consensus estimate for RTX’s quarterly revenue is $24.05 billion. It reported $22.48 billion last year, according to Benzinga Pro.

On Oct. 13, RTX’s Raytheon was awarded $729 million in counter-drone contracts for U.S., Qatar, and Jordan.

Shares of RTX gained 1.7% to trade at $186.09 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

TD Cowen analyst Gautam Khanna maintained a Buy rating and cut the price target from $240 to $225 on Oct. 9, 2026. This analyst has an accuracy rate of 69%. UBS analyst Gavin Parsons maintained a Neutral rating and raised the price target from $198 to $215 on July 24, 2026. This analyst has an accuracy rate of 59%. RBC Capital analyst Ken Herbert maintained an Outperform rating and increased the price target from $230 to $250 on July 24, 2026. This analyst has an accuracy rate of 73%. Susquehanna analyst Charles Minervino maintained a Positive rating and raised the price target from $235 to $245 on July 24, 2026. This analyst has an accuracy rate of 72%. Wells Fargo analyst David Strauss maintained the stock with an Equal-Weight rating and increased the price target from $200 to $230 on July 24, 2026. This analyst has an accuracy rate of 74%. Considering buying RTX stock? Here’s what analysts think:

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Software‑driven upgrades to increase range and efficiency

, /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has been awarded a contract from the Office of Naval Research (ONR) to develop advanced target‑detection capabilities for naval radar systems.

Under the contract, Raytheon's Advanced Technology team will develop and evaluate advanced signal and data-processing algorithms and integrate targeted software upgrades to significantly extend detection range, increase sensitivity and improve radar-system efficiency. These enhancements will undergo rigorous laboratory and field testing to validate performance and operational use, preparing them for transition into Raytheon's SPY‑6 family of radars and other future naval radars.

"Modernizing fielded radar systems with software-first upgrades is one of the fastest and most cost-effective ways to deliver mission-ready capability," said Colin Whelan, president of Advanced Technology at Raytheon. "These enhancements will enable naval operators to detect smaller objects at greater distances and classify targets more quickly, providing the fleet with faster, more informed decision‑making."

The program continues Raytheon's extensive work in software-defined apertures and leverages knowledge gained from prior ONR initiatives, including ASPIRE and STORM, which established foundational hardware and software advancements for next-generation radar capability.

Work under this contract will be conducted at Raytheon facilities in Portsmouth, R.I., and Andover, Massachusetts, through 2031.

Raytheon is significantly expanding its engineering workforce to support critical military programs. Opportunities are available for emerging talent, experienced professionals, and veterans. Discover open roles on our website and apply today.

About Raytheon
Raytheon, an RTX business, is a leading provider of defense solutions to help the U.S. government, our allies and partners defend their national sovereignty and ensure their security. For more than 100 years, Raytheon has developed new technologies and enhanced existing capabilities in integrated air and missile defense, smart weapons, missiles, advanced sensors and radars, interceptors, space-based systems, hypersonics and missile defense across land, air, sea and space.

About RTX
With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.

For questions or to schedule an interview, please contact [email protected].

Distribution Statement A: Approved for public release, distribution is unlimited.

SOURCE RTX

RTX logo is seen in this illustration taken July 26, 2025. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights, opens new tab

Oct 8 (Reuters) - RTX's Raytheon said on Thursday it won a multi-year US military contract worth up to $6.3 ​billion to produce and sustain Standard Missile-3 ‌Block IB interceptors, as the Pentagon seeks to rebuild missile-defence inventories and boost munitions production.

The award comes as ​the Pentagon looks to replenish stockpiles depleted ​by conflicts in the Middle East and meet ⁠growing demand for air and missile defence ​systems.

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The Standard Missile-3 Block IB is a ballistic missile-defence ​interceptor used by the U.S. Navy against short- and intermediate-range ballistic missile threats.

The deal follows a series of large ​Pentagon missile contracts. In October, Raytheon secured a ​contract worth up to $24.4 billion to produce Standard Missile-6 interceptors ‌for ⁠the U.S. Navy, while Lockheed Martin (LMT.N), opens new tab won a $58.6 billion Patriot missile contract in July.

The agreements are part of the Trump administration's push to expand ​U.S. weapons production ​by encouraging ⁠contractors to increase manufacturing capacity. Industry executives, however, have warned that a ​lack of congressional funding could delay investment ​in ⁠facilities and supply chains.

Raytheon said it has invested in expanding production capacity for the Standard Missile ⁠family. Work ​under the contract will be ​performed primarily at its facilities in Tucson, Arizona, and Huntsville, ​Alabama.

Reporting by Apratim Sarkar in Bengaluru; Editing by Anil D'Silva

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Key Takeaways RTX outperformed its industry over three months despite a 6% stock decline.Major SM-6 and AMRAAM contracts are supporting RTX's defense production growth.RTX's healthy liquidity supports growth, while its premium valuation may limit near-term upside. RTX Corporation (RTX - Free Report) stock has lost 6% in the past three months, outperforming the Zacks Aerospace-Defense industry’s decline of 13.2%. It also outperformed the broader Zacks Aerospace sector’s decline of 14.5%. However, it underperformed the S&P 500’s return of 3.1% in the same time frame.

Image Source: Zacks Investment Research

Other industry players, such as Virgin Galactic (SPCE - Free Report) and Embraer (EMBJ - Free Report) , have delivered a similar performance in the past three months. Shares of SPCE and EMBJ have gained 16.2% and 18.9%, respectively, in the said period.

RTX’s stronger performance compared with the broader aerospace and defense industry, along with gains among key peers, could make the stock appealing to investors. However, investors should assess whether RTX’s solid fundamentals and growth prospects can sustain long-term gains. Evaluating its growth drivers, earnings outlook and key risks will be crucial in determining the stock’s potential for further upside.

Tailwinds for RTXRTX continues to strengthen its aerospace and defense operations through large defense contracts, higher missile production and expanded manufacturing capacity. In October 2026, Raytheon secured a five-year contract, with two additional option years, valued at up to $24.4 billion for Standard Missile-6 (SM-6) interceptors. The agreement is expected to increase the availability of the critical missile, which supports both offensive strike and missile defense missions for the U.S. Navy.

RTX is also ramping up production of AMRAAM missiles under a five-year contract with two option years, valued at up to $20.7 billion. The agreement supports plans to produce at least 1,900 AMRAAM missiles annually, allowing Raytheon to meet rising demand from the U.S. military and its allies.

Meanwhile, Collins Aerospace is expanding its West Des Moines, IA, manufacturing facility by 14,000 square feet through a multi-million-dollar investment. The expansion will increase production capacity for advanced fuel distribution systems, including components and spare parts, while supporting maintenance, repair and overhaul services. The facility currently ships more than 25,000 engine nozzles each month and serves both commercial and military platforms.

These developments underscore RTX’s focus on expanding production capacity, securing major defense programs and strengthening its manufacturing footprint. Growing demand for SM-6 and AMRAAM missiles, along with increased capacity at Collins Aerospace, could provide meaningful support to RTX’s long-term growth and reinforce its position in the global aerospace and defense market.

Estimates for RTX’s 2026 Sales and EarningsThe Zacks Consensus Estimate for RTX’s 2026 sales implies year-over-year growth of 8.4%. The consensus estimate for its 2026 earnings indicates a year-over-year increase of 14.8%.

Image Source: Zacks Investment Research

The stock’s annual bottom-line estimates have remained the same over the past 60 days.

Image Source: Zacks Investment Research

RTX’s ValuationIn terms of valuation, RTX’s forward 12-month price-to-sales (P/S) is 2.45X, a premium to the industry average of 2.11X. This suggests that investors will be paying a higher price for the company's expected sales growth compared with its industry average.

Image Source: Zacks Investment Research

Virgin Galactic and Embraer are trading at a discount in comparison with RTX. SPCE’s forward 12-month price-to-sales is 2.09X, while EMBJ’s forward 12-month price-to-sales is 1.47X.

Liquidity Position of RTXRTX has a current ratio of 1.01. The ratio, being more than one, indicates that RTX possesses sufficient capital to pay off its short-term debt obligations.

Its industry peers, Virgin Galactic and Embraer, also maintain current ratios above one. SPCE has a current ratio of 1.62, while EMBJ also holds 1.44.

What Should an Investor Do Now?RTX’s strong defense demand and healthy liquidity position provide a solid foundation for long-term growth. However, the stock’s premium valuation relative to the industry and key peers may limit its near-term upside potential.

Considering these strengths alongside valuation concerns, existing shareholders may consider holding the stock, while prospective investors could wait for a more attractive entry point. Tracking RTX’s earnings growth, valuation and execution will remain important when evaluating a new investment.

RTX currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

RTX's Raytheon unit won a multiyear contract worth up to $24.4 billion to produce Standard ​Missile-6 interceptors for the US Navy, the service said on ‌Thursday, as the Pentagon pushes to replenish munitions stockpiles depleted by conflicts in the Middle East.

The five-year contract, which includes two additional option years, the Navy said, ​is meant to provide a steady and reliable supply of the ​SM-6, a missile that can carry out both offensive ⁠strikes and missile defense missions.

The SM-6 award is the latest in ​a series of large munitions contracts the Pentagon has pursued this year ​to pressure contractors into ramping up output faster. It follows a $20.7 billion provisional multiyear deal for Raytheon's AMRAAM air-to-air missiles in late September and a $58.6 billion Patriot interceptor ​deal awarded to Lockheed Martin (LMT.N) in July.

The production agreements are designed ​to entice contractors to. move faster on increasing output. They are part of a ‌broader ⁠push by the Trump administration to prioritize weapons production over shareholder returns.

Industry executives have warned that Congress has not yet appropriated funding for the deals, meaning contractors may be unable to invest at scale in ​components and facilities ​until lawmakers act.

RTX (RTX.N) ⁠has said it has invested heavily to keep up with rising demand. It has expanded its skilled ​workforce, strengthened partnerships across the defense industrial base and ​automated production, ⁠with the aim of significantly increasing output for near- and long-term needs.

Raytheon says the SM-6 is the only combat-proven weapon that can perform anti-air ⁠warfare, ​anti-surface warfare and ballistic missile defense. It ​has been fired from a range of Navy ships as well as from land-based launchers.

14,000-square-foot addition boosts capacity for increasing commercial and military aviation programs

, /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, today announced a 14,000‑square‑foot expansion of its West Des Moines manufacturing facility. The multi-million-dollar investment increases capacity to meet growing customer demand.   

The facility specializes in the production of advanced fuel distribution systems, including original equipment components and spare parts, and provides maintenance, repair and overhaul services. These products support a wide range of commercial and military platforms, with the site shipping more than 25,000 engine nozzles each month. It also operates as an FAA-certified Part 145 repair station specializing in engine nozzle systems and powerplant accessories. 

"The investment at our West Des Moines site demonstrates our commitment to advancing commercial and military aviation through our innovative fuel‑distribution technology," said James Bagg, vice president and general manager of Engine Control Systems at Collins Aerospace. "This expansion helps us enhance delivery performance, improve manufacturing capabilities and add jobs to meet growing customer demand." 

The West Des Moines operation currently employs approximately 300 full‑time employees. With the expansion, Collins plans to add additional roles by the end of 2026, with continued hiring expected into 2027 to support long‑term program growth. 

In 2023, Collins completed a $14 million, 9,000‑square‑foot expansion of its Delavan Drive facility that significantly increased its additive manufacturing capacity with state‑of‑the‑art metal 3D printers. This investment has enabled faster production, reduced lead times and lighter, more efficient aerospace parts. 

Today, the site is recognized as a world leader in advanced fuel nozzle production and received the National Aerospace and Defense Contractors Accreditation Program certification for additive manufacturing, underscoring its critical role in supporting next generation aircraft technologies. 

Construction on the expanded facility is scheduled to begin later this month, with completion expected mid-2027. 

About Collins Aerospace 
Collins Aerospace, an RTX business, provides advanced aerospace and defense solutions across avionics, aircraft interiors, aerostructures and engine components, mission systems, and power and control systems. Our global employees are dedicated to delivering innovative technologies to enhance aircraft performance, passenger comfort, operational safety and reliability.   

About RTX 
With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.       

 For questions or to schedule an interview, please contact [email protected]. 

SOURCE RTX

RTX's Pratt & Whitney Canada signs four-year PW127M maintenance agreement with AirBorneo AirwaysPR Newswire

SINGAPORE, Sept. 24, 2026

Work will be performed at the company's newly expanded Singapore facility

, /PRNewswire/ -- Pratt & Whitney Canada signed a four-year agreement with AirBorneo Airways to provide comprehensive maintenance, repair and overhaul (MRO) services for the PW127M engines powering its ATR 72-500 regional turboprops through 2030. AirBorneo operates its fleet of ATR 72-500 aircraft on the Rural Air Services network, a vital public service that connects remote and underserved communities across East Malaysia. Pratt & Whitney is an RTX (NYSE: RTX) business.

"We worked closely with AirBorneo to develop a maintenance solution that manages engine costs and supports high dispatch availability for these critical flights," said Anthony Rossi, vice president, Customer Service, Pratt & Whitney Canada. "This agreement reinforces our commitment to advancing our MRO services and meeting customers' evolving needs."

AirBorneo's engines will be primarily maintained at Pratt & Whitney Canada's Singapore facility, a key hub for customer support across Asia-Pacific. Recent investments have expanded the site's turboprop MRO capabilities, strengthening the company's ability to provide more localized support to operators across the region.

"We value our relationship with Pratt & Whitney Canada and the proven quality and reliability behind its products and services," said Megat Ardian Aminuddin, CEO of AirBorneo. "Having this support based in Singapore puts our engine maintenance and repairs close to home and our aircraft back in service faster. That confidence gives us the operational certainty we need to consistently serve our customers on our intra-Borneo routes where reliable air transport is a vital link for remote communities."

The PW127M is part of Pratt & Whitney Canada's PW100 engine family, which has provided regional turboprop operations for more than 40 years. PW100 engines have accumulated more than 200 million flight hours and power aircraft serving communities around the world.

About Pratt & Whitney
Pratt & Whitney, an RTX business, is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units for military, commercial and civil aviation customers. Since 1925, our engineers have pioneered the development of revolutionary aircraft propulsion technologies, and today we support more than 90,000 in-service engines through our global network of maintenance, repair and overhaul facilities.

About RTX
With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.

For questions or to schedule an interview, please contact [email protected].

About AirBorneo Airways
AirBorneo Airways is Sarawak's state-owned airline, committed to providing safe, reliable and affordable air connectivity across Malaysia and the region. Established in January 2026 following the transition from MASWings, the airline has expanded beyond Rural Air Services (RAS) with the introduction of jet operations to Kuala Lumpur and Singapore in July 2026.

Guided by its mission of "Connecting Communities, Empowering Growth," AirBorneo remains committed to strengthening connectivity and supporting Sarawak's economic growth. The airline operates ATR 72-500 turboprops powered by PW127M engines and Viking Air DHC-6-400 Twin Otters powered by PT6A-34 engines, and has eight ATR-600 aircraft powered by PW127XT Series engines on order.

View original content:https://www.prnewswire.com/news-releases/rtxs-pratt--whitney-canada-signs-four-year-pw127m-maintenance-agreement-with-airborneo-airways-302887700.html

SOURCE RTX

Domestic radar production supports delivery, but federal cost inflation can reshape procurement economics. Summary

RTX gains modernization demand while tariffs complicate the customer’s budget.

RTX RTX, the aerospace-and-defense company behind Collins Aerospace, faced another cost wrinkle as the FAA estimated tariffs could add roughly $100 million to its air-traffic-control modernization effort. Shares fell approximately 1.1% to $191.49 Friday. The valuation picture is already demanding: RTX trades 24.09% above its $154.31 GF Value™, suggesting investors are paying a sizable premium to GuruFocus' estimate of fair value.

The tariff hit looks large in isolation, but it represents less than 0.8% of the program's more than $12.5 billion in initial funding. Collins Aerospace and Spain's Indra hold $780 million of contracts covering as many as 612 ground-based radars. RTX is also putting $26.5 million into additional production capacity in Largo, Florida, giving the company more domestic manufacturing muscle as the modernization program ramps.

That expansion could help RTX control supply-chain friction and strengthen its position in a politically sensitive infrastructure buildout, but it does not automatically protect margins. The contract split, pricing escalators and ultimate profitability remain unclear. For investors, the opportunity is straightforward: modernization can create years of demand, but with the stock already 24.09% above GF Value™, execution and contract economics will matter just as much as headline order growth.

Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.

Click for the complete disclosure

Key Takeaways RTX develops multi-band systems to support military connectivity in demanding environments.RTX supports a U.S. Navy solution spanning Very Low Frequency communications and mission infrastructure.RTX combines satellite communications, military subsystems and command-and-control capabilities. RTX Corporation (RTX - Free Report) is expanding its defense communications capabilities to address the growing need for resilient connectivity in challenging operating environments. Through its subsidiary Collins Aerospace, the company is developing communication systems designed to support military missions across multiple frequency bands, strengthening its position in advanced defense communications.

In 2025, Collins Aerospace was awarded a contract to deliver satellite communication systems supporting survivable communications across multiple frequency bands. These capabilities are intended to help defense customers maintain connectivity in demanding operational conditions, creating opportunities for RTX to expand its role in mission-critical communications infrastructure.

Collins Aerospace also secured a role as the primary subcontractor for a U.S. Navy solution involving the engineering design and manufacturing of a Very Low Frequency communication subsystem, along with mission command, control and communications infrastructure. The company is additionally supporting Advanced Extremely High Frequency and voice communications, broadening its involvement across military communication requirements.

RTX’s communications portfolio could provide further growth opportunities as defense customers seek integrated systems capable of supporting secure and resilient operations across different environments. By combining satellite communications, specialized military communication subsystems and command-and-control infrastructure, Collins Aerospace is positioned to address multiple requirements within the broader defense communications market.

Companies Advancing Resilient Defense CommunicationsGrowing demand for resilient military connectivity is encouraging aerospace and defense companies to advance communication systems that can operate across multiple networks, frequency bands and contested environments. Viasat Inc. (VSAT - Free Report) and L3Harris Technologies, Inc. (LHX - Free Report) are also developing capabilities that support secure and resilient communications for defense applications.

Viasat is advancing multi-band, multi-orbit satellite communication systems to provide resilient connectivity for military operations. Its technologies support secure communications across diverse satellite architectures and frequency bands.

L3Harris develops hybrid SATCOM and multi-band communication systems that provide pathway diversity across military and commercial networks. Its solutions help maintain connectivity in contested environments and support mission-critical defense communications.

Earnings Estimates for RTXThe Zacks Consensus Estimate for 2026 and 2027 earnings per share suggests year-over-year growth of 14.79% and 7.60%, respectively.

Image Source: Zacks Investment Research

RTX Stock Is Trading at a PremiumRTX is trading at a premium relative to the industry, with a forward 12-month price-to-sales of 2.62X compared with the industry average of 2.28X.

Image Source: Zacks Investment Research

RTX Stock Price PerformanceOver the past year, RTX shares have rallied 23.5% against the industry’s 11.3% decline.

Image Source: Zacks Investment Research

RTX’s Zacks RankRTX currently has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Program remains on track to enable F-35 Block 4 and beyond capabilities

, /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, has successfully completed the F135 Engine Core Upgrade (ECU) Risk Reduction Design Review (RRDR), a major program milestone that validates the maturity of the ECU design and advances the program toward production.

The review evaluated the detailed design elements, propulsion technologies, integration considerations and risk-reduction activities critical to delivering full engine life and providing the additional power and thermal management capacity needed to support advanced sensors, weapons and other Block 4 and beyond capabilities across all three F-35 Lightning II variants. The review further assessed the industrial base's readiness to support future production and retrofit.

"Completing RRDR is an important milestone that demonstrates the maturity of the F135 Engine Core Upgrade and the progress our team is making to deliver this capability to the warfighter," said Jill Albertelli, president of Pratt & Whitney Military Engines. "As the selected propulsion modernization solution for the F-35, ECU builds on the proven F135 architecture to enable the power and thermal management needed for future capabilities, while leveraging an established global production and sustainment enterprise. This approach strengthens fleet readiness and provides operators with a proven, cost-effective path to sustain and modernize the F-35 for decades to come."

The risk reduction work, supported by the contract awarded in 2024, focuses on design maturation, aircraft integration, test preparation, supply-base readiness and related engineering activities.

"The Risk Reduction Design Review highlighted strong collaboration among our industry and government team, demonstrating a mature ECU design," said U.S. Navy Capt. Mitch Grant, F-35 Propulsion Program Manager. "The ECU program remains on track to deliver substantially improved readiness and to support F-35 modernization to outpace our adversaries."

Pratt & Whitney has delivered more than 1,500 F135 production engines to a worldwide customer base spanning 20 allied nations. The F135 Engine Core Upgrade, builds on the proven F135 architecture, maintains high commonality and is designed as a drop-in upgrade for both new-production and fielded aircraft. The ECU will be incorporated at production or retrofitted at F135 depot facilities, supporting a common, capable fleet.

About Pratt & Whitney
Pratt & Whitney, an RTX business, is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units for military, commercial and civil aviation customers. Since 1925, our engineers have pioneered the development of revolutionary aircraft propulsion technologies, and today we support more than 90,000 in-service engines through our global network of maintenance, repair and overhaul facilities.

About RTX
With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.

For questions or to schedule an interview, please contact [email protected].

SOURCE RTX

ARLINGTON, Va. & DENVER--(BUSINESS WIRE)--RTX Ventures, the venture capital arm of RTX, has made a minority investment in laser fusion company Xcimer Energy Corporation (XEC) to support Xcimer’s development of scalable multi-kilojoule-class pulsed-laser technologies.

In addition to the investment, RTX and Xcimer have signed a teaming agreement to explore the integration and containerization of Xcimer’s pulsed-laser technologies into RTX’s defense systems, offering the U.S. military potential new directed energy capabilities to defeat airborne threats.

RTX’s investment directly strengthens Xcimer's laser fusion energy roadmap, which the US Department of Energy approved in June. Approval of Xcimer’s fusion pilot power plant design – part of the DOE’s Milestone-based Fusion Development Program – positions Xcimer as the frontrunner in the race to commercialize laser fusion power.

The core challenge in both laser fusion and laser defense is identical: building a laser that fires pulses repeatedly and reliably at a low cost per joule and is also mass-manufacturable, while being maintainable, energy efficient and reliable. The excimer laser system being developed by Xcimer is designed to meet these goals, ultimately delivering longer-range performance and greater effectiveness than current directed energy systems on the market.

“As the United States accelerates the development of next-generation air defense, the need for affordable and scalable directed energy systems has never been more urgent,” said Conner Galloway, co-founder, CEO and Chief Science Officer at Xcimer. “Our excimer-based laser technology offers the performance, speed and inherent scalability needed at a fraction of the cost and complexity of today’s systems. This investment from RTX Ventures will help us accelerate development and prove these advantages in real-world testing.”

Xcimer and RTX will explore the development of systems that combine Xcimer’s laser expertise with RTX’s decades of experience developing combat-proven defense technologies.

"We invest in and partner with companies that have the potential to disrupt the aerospace and defense industry because it spurs innovation and augments our own development efforts,” said RTX Chief Technology Officer Juan de Bedout. "We believe Xcimer’s pulsed-laser technology lines up perfectly with our expertise in areas like advanced sensing, command and control and air defense. Together we will explore how we can best integrate these technologies into advanced, scalable defense systems able to defeat a range of new and evolving threats.”

About Xcimer Energy

Xcimer is building the biggest, brightest, and most powerful lasers to enable commercial fusion energy and transform air defense. Denver-based Xcimer expects to deliver fusion energy to the grid by the mid-2030s. Xcimer has raised nearly $200M from top-tier energy and technology investors, including Hedosophia, Breakthrough Energy Ventures, Lowercarbon Capital, Emerson Collective, Prelude Ventures and many others. Xcimer received the largest laser fusion award from the U.S. Department of Energy’s Milestone-Based Fusion Development Program. Visit xcimer.energy.

About RTX

With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.

The U.S. Department of Defense is intensifying its focus on maritime readiness, anchoring a multi-billion-dollar capital allocation to fortify propulsion systems and tactical naval infrastructure. Escalating geopolitical tensions across the South China Sea and the Strait of Hormuz are compelling the Pentagon to prioritize a rapid fleet modernization cycle.

This acceleration toward a sustained defense posture could secure a high-margin revenue stream for prime contractors over the coming decade. Recent pullbacks among these defense sector leaders may offer a tactical entry window for investors seeking a structurally hedged equity exposure.

Market participants monitoring the aerospace landscape may identify meaningful catalysts as entrenched government mandates evolve into reliable, long-term cash flows. Deconstructing the mechanics of these procurement agreements will help investors understand why specific industrial powerhouses possess the specialized engineering moats necessary to capitalize on this military pivot.

Get RTX alerts:

The Naval Defense Supercycle Takes ShapeThe macroeconomic environment surrounding global defense has shifted significantly. Rather than relying solely on the lengthy procurement of next-generation platforms, the Department of Defense is heavily prioritizing the sustainment, modernization, and tactical readiness of its existing fleet.

Original equipment manufacturers are wrestling with lingering supply chain bottlenecks, which naturally forces allied militaries and commercial airlines to operate older aircraft and maritime vessels for extended lifecycles to maintain force projection.

This dynamic triggers an aftermarket maintenance, repair, and overhaul supercycle. Maintenance and repair services historically command significantly higher margins than original equipment manufacturing because they involve recurring, highly specialized engineering work within a captive market.

When global instability rises, the demand for immediate fleet readiness directly translates into potentially lucrative, multi-year logistics agreements. Contractors that own the intellectual property and manufacturing capabilities for these critical components can secure a durable revenue stream for fleet sustainment over the next decade.

GE Aerospace: Powering the Navy’s PushGE Aerospace Today

GE

GE Aerospace

$333.76 +0.27 (+0.08%)

As of 12:00 PM Eastern

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$268.91▼

$388.840.56%

39.35

$390.59

Following its structural reorganization into a pure-play aerospace and defense entity, GE Aerospace NYSE: GE has demonstrated exceptional operational efficiency. General Electric recently secured a performance-based logistics contract from the U.S. Navy worth up to approximately $2.87 billion. Running through August 2031, this five-year agreement covers 17 critical components for the F414 engines, which serve as the primary propulsion systems for the Navy’s F/A-18 E/F Super Hornet and EA-18G Growler aircraft.

GE Aerospace is also expanding its global footprint by securing an engine order for the Republic of Korea Navy’s next-generation KDDX destroyers, proving that demand for its propulsion technology extends well beyond domestic borders. GE Aerospace will supply 12 LM2500+G4 marine gas turbine engines for six ships in the KDDX program.

These long-term contracts flow directly into a highly optimized balance sheet. GE Aerospace currently operates with a net margin closing in on 18%, alongside an efficient return on equity of roughly 40%. The recent second-quarter earnings report validated this fundamental strength, revealing an approximate 43% year-over-year rise in free cash flow to about $3 billion.

GE Aerospace posted an earnings per share of $2.02 against a consensus estimate of $1.86. This cash generation gives management the flexibility to comfortably raise full-year guidance across revenue, operating profit, and earnings per share, reinforcing its leadership position in the aerospace sector.

RTX Corp: A Moat Filled With Backlogs and TomahawksRTX Today

$200.52 -1.61 (-0.80%)

As of 12:00 PM Eastern

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$150.61▼

$226.881.46%

35.33

$228.59

While GE Aerospace dominates the physical propulsion space, RTX Corp NYSE: RTX is securing the tactical and navigational infrastructure required for modern naval warfare. The Naval Air Warfare Center Aircraft Division recently awarded RTX Corporation, managed through RTX's Collins Aerospace subsidiary, an approximately $42.5 million sole-source contract. This provides technical, engineering, and restoration services for Navy air traffic navigation and coordination systems through August 2031.

While a $42.5 million contract might seem like a standard incremental win, it acts as a strategic complement to an approximately $22.9 billion Navy Tomahawk missile contract the defense contractor secured just weeks prior. The true fundamental moat for RTX Corporation lies in its substantial revenue visibility. RTX Corporation recently reported an approximate $289 billion total backlog, with $119 billion specifically concentrated in the defense sector.

This forward-looking backlog helps to de-risk the long-term investment thesis. RTX Corporation operates with lower net margins than GE Aerospace, hovering around 8%, but its conservative balance sheet, highlighted by a debt-to-equity ratio of 0.47 and a remarkably low beta of 0.29, solidifies its status as a defensive safe-haven asset. The sheer volume of its defense backlog helps reduce near-term macroeconomic uncertainty, ensuring a steady conversion of contracts into realized revenue while supporting a reliable dividend yield of roughly 1.45%.

Strategic Entries in a Turbulent MarketDespite these powerful fundamental catalysts, both equities have experienced short-term market pressure. Over the past 30 days, GE Aerospace shares have retreated by roughly 9%, while RTX Corporation has pulled back around 7%. This price action is largely a function of broader market rotation and the necessary digestion of valuation.

Both stocks command premium multiples, with GE Aerospace trading at a trailing price-to-earnings ratio near 39 and RTX Corporation trading around 35 times earnings. At these valuations, the market demands strong execution, leaving minimal room for operational missteps.

Recent Securities and Exchange Commission filings reveal notable insider selling at both companies, including a senior vice president at GE Aerospace reducing his position by roughly 28% in late July, and an executive vice president at RTX Corporation offloading shares in August.

However, insider selling is rarely a single-variable indicator of underlying business health, especially when contrasted with steady institutional support. Firms like Susquehanna Fundamental Investments have recently increased their holdings in GE Aerospace, while the California State Teachers' Retirement System maintains an approximately 28.9% block of the institutional shares in RTX Corporation. The recent pullbacks have effectively eased some of the premium-pricing pressure, offering a more reasonable entry multiple for long-term allocators looking to capitalize on defense spending.

Tactical Positioning for Long-Term GrowthThe transition toward a sustained, multi-theater defense posture ensures that prime contractors will remain heavily capitalized by the Department of Defense. The combination of multi-billion-dollar procurements and a structurally entrenched aftermarket repair supercycle provides a rare blend of reliable growth and downside protection. Companies possessing the specialized engineering capabilities to maintain and upgrade existing fleets are uniquely positioned to capture high-margin, recurring revenue for years to come.

Investors weighing exposure to the aerospace and defense sectors might want to monitor how these backlogs convert into free cash flow over the coming quarters. Cautious investors may prefer to track the price-to-earnings compression of these equities before initiating a position, keeping a close eye on upcoming earnings calls for updates on supply chain efficiencies and continued margin expansion.

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Key Takeaways RTX outperformed its industry over six months despite a 0.7% share-price decline.Defense demand, capacity expansion and major contracts support RTX's long-term growth prospects.RTX's rising earnings estimates and solid liquidity are offset by a premium industry valuation. RTX Corporation (RTX - Free Report) stock has lost 0.7% in the past six months, outperforming the Zacks Aerospace-Defense industry’s decline of 15.8%. It also outperformed the broader Zacks Aerospace sector’s decline of 15.9%. However, it underperformed the S&P 500’s return of 11.6% in the same time frame.

Image Source: Zacks Investment Research

Other industry players, such as General Dynamics (GD - Free Report) and Embraer (EMBJ - Free Report) , have delivered a similar performance in the past six months. Shares of GD and EMBJ have gained 1.3% and 3.8%, respectively, in the said period.

RTX’s stronger performance than the broader aerospace and defense industry, along with gains by key peers, may make the stock attractive to investors. However, it is important to assess whether RTX’s strong fundamentals and growth prospects can support sustainable long-term gains. Evaluating the company’s growth drivers, earnings outlook and key risks will be important for determining whether the stock has further upside.

Tailwinds for RTXRTX continues to strengthen its aerospace and defense business through higher production capacity, major contract wins and advances in defense technology. In August 2026, RTX completed a 17,000-square-foot expansion of its Forest, MS, manufacturing facility, backed by a $50 million investment. The expansion will increase production capacity for electronic warfare and radar systems and is expected to create 100 high-skilled jobs by 2028.

RTX is also increasing production of Tomahawk cruise missiles following a $22.9 billion multi-year contract from the U.S. Navy. The contract supports plans to increase annual production to more than 1,000 Tomahawk missiles and related support. RTX is investing in its workforce, technology, supply chain and facilities to meet rising demand from the U.S. Navy and its allies.

In addition, RTX continues to develop new technologies for the F-35 program. In August 2026, RTX completed altitude testing of its next-generation Enhanced Power and Cooling System (EPACS). The system is designed to provide greater cooling capacity and support future upgrades, helping maintain the F-35’s performance throughout its service life.

These developments highlight RTX’s focus on expanding production, supporting major defense programs and developing advanced technologies. Strong demand for missile systems, radar, electronic warfare and F-35 technologies could support RTX’s long-term defense growth and strengthen its position in the global aerospace and defense market.

Estimates for RTX’s 2026 Sales and EarningsThe Zacks Consensus Estimate for RTX’s 2026 sales implies year-over-year growth of 8.4%. The consensus estimate for its 2026 earnings indicates a year-over-year increase of 14.8%.

Image Source: Zacks Investment Research

The stock’s annual bottom-line estimates have moved north over the past 60 days.

Image Source: Zacks Investment Research

RTX’s ValuationIn terms of valuation, RTX’s forward 12-month price-to-sales (P/S) is 2.76X, a premium to the industry average of 2.38X. This suggests that investors will be paying a higher price than the company's expected sales growth compared with its industry average.

Image Source: Zacks Investment Research

General Dynamics and Embraer are trading at a discount in comparison with RTX. GD’s forward 12-month price-to-sales is 1.74X, while EMBJ’s forward 12-month price-to-sales is 1.42X.

Liquidity Position of RTXRTX has a current ratio of 1.01. The ratio, being more than one, indicates that RTX possesses sufficient capital to pay off its short-term debt obligations.

Its industry peers, General Dynamics and Embraer, also maintain current ratios above one. GD has a current ratio of 1.44, while EMBJ also holds 1.44.

What Should an Investor do Now?RTX’s strong defense demand, rising earnings estimates and solid liquidity position support its long-term growth prospects. However, the stock trades at a premium valuation compared with the industry and key peers, which could limit near-term upside.

Given this balance of strengths and valuation concerns, existing shareholders may consider holding the stock, while new investors may prefer to wait for a better entry point. Monitoring RTX’s earnings growth, valuation and execution will be important before taking a fresh position.

RTX currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Shares of RTX Corporation (NYSE:RTX – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the twenty-one research firms that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, five have assigned a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $228.5882.

Several analysts recently weighed in on RTX shares. UBS Group increased their price target on RTX from $198.00 to $215.00 and gave the company a “neutral” rating in a report on Friday, July 24th. Weiss Ratings lowered shares of RTX from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, August 11th. Dbs Bank upgraded shares of RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. Jefferies Financial Group set a $250.00 target price on shares of RTX in a research note on Sunday, July 26th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $238.00 target price on shares of RTX in a research note on Monday, July 27th.

Check Out Our Latest Analysis on RTX

RTX Stock Up 0.8% Shares of NYSE:RTX opened at $211.93 on Thursday. The company has a market cap of $285.63 billion, a price-to-earnings ratio of 37.31, a PEG ratio of 2.50 and a beta of 0.29. RTX has a 12 month low of $150.61 and a 12 month high of $226.88. The company has a current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47. The company has a 50-day moving average price of $205.11 and a 200 day moving average price of $195.73. RTX (NYSE:RTX – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.66 by $0.23. The business had revenue of $24.71 billion for the quarter, compared to the consensus estimate of $22.89 billion. RTX had a return on equity of 13.99% and a net margin of 8.28%.The company’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same period in the prior year, the business posted $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, equities research analysts predict that RTX will post 7.22 earnings per share for the current year.

RTX Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be given a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. RTX’s dividend payout ratio is 51.41%.

Insiders Place Their Bets In other news, EVP Ramsaran Maharajh sold 13,655 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $223.92, for a total value of $3,057,627.60. Following the sale, the executive vice president directly owned 13,184 shares in the company, valued at approximately $2,952,161.28. This represents a 50.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Kevin G. Dasilva sold 2,250 shares of the firm’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $216.93, for a total value of $488,092.50. Following the sale, the vice president directly owned 20,099 shares of the company’s stock, valued at $4,360,076.07. This represents a 10.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 29,222 shares of company stock valued at $6,362,003 over the last 90 days. Insiders own 0.10% of the company’s stock.

Institutional Trading of RTX A number of hedge funds and other institutional investors have recently bought and sold shares of RTX. California State Teachers Retirement System grew its holdings in shares of RTX by 18,899.0% in the second quarter. California State Teachers Retirement System now owns 389,832,160 shares of the company’s stock worth $73,962,856,000 after purchasing an additional 387,780,302 shares during the last quarter. BlackRock Inc. purchased a new position in RTX in the 2nd quarter worth about $20,970,571,000. Norges Bank bought a new stake in RTX during the 4th quarter valued at about $3,167,626,000. Auto Owners Insurance Co lifted its holdings in RTX by 24,730.9% during the 4th quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company’s stock valued at $1,852,882,000 after buying an additional 10,062,269 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in RTX in the 2nd quarter valued at about $1,456,256,000. Hedge funds and other institutional investors own 86.50% of the company’s stock.

Trending Headlines about RTX Here are the key news stories impacting RTX this week:

Positive Sentiment: Raytheon, RTX’s defense unit, received a $22.9 billion U.S. military contract to accelerate Tomahawk missile production. The award supports multiyear revenue visibility and reflects the need to replenish depleted U.S. and allied stockpiles. Raytheon’s Missile Windfall: What the Navy’s Record Tomahawk Order Means for RTX Corporation Positive Sentiment: Recent analyst commentary highlights a 22% backlog increase to approximately $289 billion, strong defense demand and improving free cash flow. RTX’s latest quarterly results also showed revenue growth, earnings that exceeded expectations and particularly strong performance from Raytheon. RTX Stock Will Keep Rewarding Patient Investors Positive Sentiment: Collins Aerospace completed altitude testing of its Enhanced Power and Cooling System for the F-35. Successful testing advances a next-generation system that could support future F-35 upgrades and related aerospace revenue. Why Is RTX Testing Progress Important for Its Next Generation Defense Systems? Neutral Sentiment: RTX’s Blue Canyon Technologies introduced a new spacecraft mission-enablement product. The announcement reinforces RTX’s broader space and defense capabilities, although the near-term financial impact was not disclosed. RTX’s Blue Canyon Technologies Introduces New Spacecraft Mission Enabler Negative Sentiment: One analyst downgraded RTX, citing its premium valuation alongside rising commercial aerospace maintenance costs. The concerns are important because the stock trades at a high earnings multiple, leaving less room for execution setbacks. RTX Corporation: More Missiles and Higher Commercial Maintenance Trigger Premium Price Tag RTX Company Profile (Get Free Report)

RTX (NYSE: RTX) is a U.S.-based aerospace and defense company that designs, manufactures and services advanced systems for commercial, military and governmental customers worldwide. The company was created through the 2020 combination of Raytheon Company and United Technologies Corporation and later adopted the RTX name, positioning itself as a diversified provider across the aerospace and defense value chain.

RTX’s operations span a broad set of capabilities. Its commercial aerospace businesses include Pratt & Whitney aircraft engines and Collins Aerospace systems, which supply propulsion, avionics, aerostructures, interiors and integrated aircraft systems.

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Technology will deliver greater cooling capacity to support advanced mission systems on the F-35 and future defense and commercial aircraft.  

, /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, successfully completed altitude testing of its next generation Power and Thermal Management System (PTMS), the Enhanced Power and Cooling System (EPACS).

Designed to enhance the F-35's power and thermal management, the EPACS system delivers significantly increased cooling capacity to meet the demands of today and tomorrow. By providing the critical thermal margin required to support planned technology upgrades, EPACS ensures the F-35 remains at the cutting edge of performance throughout its entire lifecycle.

"Successful altitude testing validates system performance in real-world flight conditions," says Ira Grimmett, vice president, Environmental & Airframe Control Systems for Power & Controls at Collins Aerospace. "Completing this phase of testing advances EPACS maturity and reinforces confidence in the system's capability and performance."   

Altitude testing is a critical element of early development and risk reduction for a new PTMS. The system was run for several days at power levels replicating mission requirements. It was pushed to operational limits in various altitudes to collect performance data and demonstrate that EPACS can deliver the emergency power expected during operation. This test validates system performance models.    

This latest milestone follows Collins' announcement in 2025 that EPACS met requirements for aircraft integration.  

About Collins Aerospace    
Collins Aerospace, an RTX business, is a leader in integrated and intelligent solutions for the global aerospace and defense industry. Our 80,000 employees are dedicated to delivering future-focused technologies to advance sustainable and connected aviation, passenger safety and comfort, mission success, space exploration, and more.    

About RTX   
With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.      

For questions or to schedule an interview, please contact [email protected].    

SOURCE RTX

Catalyst Investment Management LLC bought a new position in shares of RTX Corporation (NYSE:RTX – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,743 shares of the company’s stock, valued at approximately $900,000. RTX makes up 0.8% of Catalyst Investment Management LLC’s investment portfolio, making the stock its 18th largest holding.

Other hedge funds also recently made changes to their positions in the company. Navalign LLC acquired a new stake in shares of RTX during the 4th quarter worth $25,000. Commonwealth Retirement Investments LLC bought a new stake in shares of RTX during the 4th quarter valued at approximately $26,000. Core Wealth Advisors LLC acquired a new position in shares of RTX during the fourth quarter worth $31,000. 1 North Wealth Services LLC increased its holdings in RTX by 456.7% in the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock worth $31,000 after purchasing an additional 137 shares in the last quarter. Finally, Evergreen Advisors LLC bought a new position in RTX in the first quarter valued at about $31,000. 86.50% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth Several analysts have recently weighed in on the company. Wells Fargo & Company boosted their price target on RTX from $200.00 to $230.00 and gave the stock an “equal weight” rating in a report on Friday, July 24th. Robert W. Baird set a $240.00 target price on shares of RTX in a research report on Friday, July 24th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $238.00 price target on shares of RTX in a research report on Monday, July 27th. Argus set a $245.00 price target on shares of RTX in a report on Thursday, July 30th. Finally, UBS Group boosted their price objective on shares of RTX from $198.00 to $215.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $228.59.

Check Out Our Latest Research Report on RTX Insider Buying and Selling at RTX In other news, insider Troy D. Brunk sold 8,557 shares of RTX stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $210.29, for a total value of $1,799,451.53. Following the completion of the transaction, the insider directly owned 8,809 shares of the company’s stock, valued at approximately $1,852,444.61. This trade represents a 49.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Kevin G. Dasilva sold 4,760 shares of the business’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $213.62, for a total value of $1,016,831.20. Following the completion of the transaction, the vice president directly owned 22,349 shares in the company, valued at $4,774,193.38. This represents a 17.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 15,567 shares of company stock worth $3,304,375. 0.10% of the stock is owned by company insiders.

RTX News Summary Here are the key news stories impacting RTX this week:

Positive Sentiment: RTX’s Raytheon division won a roughly $22.9 billion, seven-year U.S. Navy contract to accelerate Tomahawk cruise-missile production. Annual output is expected to rise from approximately 60 missiles to more than 1,000, creating significant long-term revenue visibility and improving factory utilization. US Navy awards Raytheon $22.9 billion contract to boost Tomahawk output Positive Sentiment: The award reinforces broader U.S. efforts to replenish precision-munitions inventories and follows a recent $745 million missile-defense interceptor order, strengthening expectations for sustained defense demand. RTX Stock Gets a Radar Lock on a $23B Navy Win Positive Sentiment: RTX’s latest quarterly performance also exceeded expectations: adjusted EPS was $1.89 versus a $1.66 consensus, while revenue grew 14.5% year over year to $24.71 billion. Management raised 2026 adjusted EPS guidance to $7.10–$7.25 and projected revenue of $95–$96 billion. Commercial aviation aftermarket demand provides an additional growth driver. RTX Stock Gets a Radar Lock on a $23B Navy Win Neutral Sentiment: Analysts remain generally constructive, with a Moderate Buy consensus and an average price target near $228.59, but the shares are already close to their 52-week high and have outperformed substantially over the past year. Negative Sentiment: Valuation is the principal concern. RTX trades at approximately 40 times trailing earnings and about 31 times forward earnings, while its six-month return has lagged the S&P 500. Investors must also monitor execution, supplier constraints and liquidity as the company ramps missile production; its quick ratio is 0.78. RTX Stock Performance Shares of RTX stock opened at $225.73 on Wednesday. The business’s 50 day simple moving average is $201.77 and its 200 day simple moving average is $195.20. RTX Corporation has a one year low of $150.61 and a one year high of $226.88. The stock has a market capitalization of $304.22 billion, a PE ratio of 39.74, a PEG ratio of 2.65 and a beta of 0.29. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78.

RTX (NYSE:RTX – Get Free Report) last released its earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, beating analysts’ consensus estimates of $1.66 by $0.23. The business had revenue of $24.71 billion during the quarter, compared to the consensus estimate of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. The company’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, research analysts forecast that RTX Corporation will post 7.22 earnings per share for the current year.

RTX Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be paid a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Friday, August 14th. RTX’s dividend payout ratio (DPR) is currently 51.41%.

RTX Profile (Free Report)

RTX (NYSE: RTX) is a U.S.-based aerospace and defense company that designs, manufactures and services advanced systems for commercial, military and governmental customers worldwide. The company was created through the 2020 combination of Raytheon Company and United Technologies Corporation and later adopted the RTX name, positioning itself as a diversified provider across the aerospace and defense value chain.

RTX’s operations span a broad set of capabilities. Its commercial aerospace businesses include Pratt & Whitney aircraft engines and Collins Aerospace systems, which supply propulsion, avionics, aerostructures, interiors and integrated aircraft systems.

Read More Five stocks we like better than RTX The AI Boom Is Turning This Cable Maker Into a Stock to Watch A Star Investor Just Trimmed Amazon—Here’s What It means Wendy’s Deal Buzz May Give Fast-Food Investors a New Reason to Look Home Depot Analysts See a Path to $375 and Beyond Want to see what other hedge funds are holding RTX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for RTX Corporation (NYSE:RTX – Free Report).

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Key Takeaways RTX offers combat-proven missile systems for air, naval, defense and long-range strike missions.RTX is expanding Tomahawk, AMRAAM and SM-6 capacity as the U.S. and allies replenish missile inventories.Defense bookings, global demand and technology investments support RTX's missile business.
RTX Corporation (RTX - Free Report) continues to strengthen its position in the global missile market through its Raytheon business, supported by rising defense spending and growing demand for advanced precision weapons. The company offers a broad portfolio of missile and interceptor systems that address air-to-air, air defense, naval and long-range strike requirements.

RTX’s Raytheon business provides several combat-proven systems, including the Advanced Medium-Range Air-to-Air Missile (AMRAAM), AIM-9X, Tomahawk, Standard Missile and SM-6. These programs give RTX exposure to multiple areas of modern warfare, while its investments in next-generation technologies are helping expand its capabilities to address evolving threats.

Rising demand for missiles and interceptors is also encouraging RTX to expand production of several key systems. The company is increasing capacity for programs such as Tomahawk, AMRAAM and SM-6 as the United States and its allies seek to replenish inventories and strengthen their defense capabilities. This growing production base could provide greater visibility into future sales while helping RTX meet increasing customer requirements.

RTX’s missile business is benefiting from strong defense bookings, a record backlog and rising international demand. RTX ended the second quarter of 2026 with a record $289 billion backlog, up 22% year over year, including $119 billion in defense work. The company secured $43 billion in new awards, with nearly $20 billion at its Raytheon business, including more than $5 billion in GEM-T Patriot awards and $1.8 billion for AMRAAM. Recent SPY-6 and AIM-9X awards further highlight strong demand for RTX’s missile and defense systems. These developments position RTX well to benefit from continued growth in the global missile market.

Other Stocks to Keep on the WatchlistOther aerospace and defense companies that are likely to benefit from the growing global demand for missile and defense systems are discussed below:

Lockheed Martin Corporation (LMT - Free Report) : The company has a broad portfolio of missile and missile-defense programs, including PAC-3, THAAD, JASSM, Javelin and other advanced weapons. Its presence across air defense, precision strike and hypersonic technologies positions it well to benefit from rising defense investments.

Northrop Grumman Corporation (NOC - Free Report) : The company develops advanced missile systems, propulsion technologies, sensors and command-and-control solutions for modern defense missions. Its capabilities in long-range strike, missile defense and advanced munitions provide exposure to the growing demand for next-generation weapons.

The Zacks Rundown for RTXShares of RTX have surged 43% in the past year compared with the industry’s 5.2% growth.

Image Source: Zacks Investment Research

The company’s shares are trading at a discount on a relative basis, with its forward 12-month Price/Earnings being 29.19X compared with its industry’s average of 34.03X.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for RTX’s 2026 and 2027 earnings has moved north over the past 60 days.

Image Source: Zacks Investment Research

RTX stock currently carries a Zacks Rank #2 (Buy).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Avionics system updates help ensure mission readiness for CH-47 fleet

, /PRNewswire/ -- The U.S. Army awarded Collins Aerospace, an RTX (NYSE: RTX) business, a contract worth up to $472 million to provide engineering services that support the modernization and sustainment of the CH‑47 Chinook fleet.

The engineering services will deliver avionics upgrades that help integrate new capabilities more efficiently, address obsolescence and strengthen the aircraft's avionics architecture to support continued mission readiness in a rapidly evolving operational environment.

"Collins equips the Chinook with advanced avionics that integrates communication, navigation and mission subsystems into a flexible, interoperable cockpit built for today's operational demands," said Jenny Miller, vice president and general manager of Vision and Sensing Systems at Collins Aerospace. "Our longstanding avionics partnership with the U.S. Army ensures the fleet continuously evolves to support the warfighter and meet future operational demands."

The award supports greater platform commonality across the Army's aviation enterprise by advancing open, reusable avionics architectures that can be integrated across multiple aircraft. This approach helps streamline technology insertion, reduce integration complexity and drive cost and schedule efficiencies as the Army modernizes its fleet.

Work on this contract will be performed in Huntsville, Alabama and Cedar Rapids, Iowa.

About Collins Aerospace
Collins Aerospace, an RTX business, provides advanced aerospace and defense solutions across avionics, aircraft interiors, aerostructures and engine components, mission systems, and power and control systems. Our global employees are dedicated to delivering innovative technologies to enhance aircraft performance, passenger comfort, operational safety and reliability. 

About RTX
With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.

For questions or to schedule an interview, please contact [email protected].

SOURCE RTX

First‑of‑its‑kind demo advances autonomous undersea operations

, /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, and Composite Energy Technologies (CET) have successfully demonstrated the undersea launch capabilities of HADALUS, a new, low-cost, long-endurance unmanned undersea vehicle (UUV).

During a recent U.S. Navy exercise, the UUV completed a series of at-sea missions on a Navy undersea test range, successfully demonstrating its undersea launch capabilities while submerged. This marks the first time the U.S. Navy has seen this integrated capability in the water and points toward a future where a single unmanned undersea platform can perform detect, reacquire and engage functions within one mission.

"This demonstration is an important step in a broader roadmap to deliver autonomous, end‑to‑end undersea capabilities that are far less detectable than surface platforms," said Jen Gauthier, vice president of Naval Systems & Sustainment at Raytheon. "By tightly coupling design, integration and at‑sea experimentation, we've proven we can bring new autonomous solutions to the fleet quickly and cost‑effectively."

HADALUS is a 34‑foot UUV with a six‑foot cross section and more than 2,000 nautical miles of endurance. Its free‑flooded, all‑carbon‑fiber exoskeleton delivers exceptional strength and payload capacity while enabling a significantly lower‑cost architecture. Designed to cost roughly one‑third to one‑fifth of comparable long‑endurance vehicles, HADALUS offers a scalable path to fielding affordable undersea capabilities.

In less than 18 months, Raytheon and CET progressed from a conceptual sketch to a complete prototype successfully demonstrated in water. This was driven by investment from both companies in the design and build of the vehicle, integration of the launcher, sonar and electronics and full system testing leading up to the exercise.

"HADALUS demonstrates that the undersea industrial base can move with greater speed and dynamism than traditional development cycles allow," said Chase Hogoboom, CEO and president of CET. "By combining CET's advanced composite vehicle architecture with Raytheon's mission systems, sensors and integration expertise, we have created a highly capable platform that can be produced at a fraction of the cost of conventional alternatives."

Raytheon is significantly expanding its workforce to support critical military programs. Opportunities are available for emerging talent, experienced professionals, and veterans. Discover open roles on our website and apply today.

About Raytheon
Raytheon, an RTX business, is a leading provider of defense solutions to help the U.S. government, our allies and partners defend their national sovereignty and ensure their security. For more than 100 years, Raytheon has developed new technologies and enhanced existing capabilities in integrated air and missile defense, smart weapons, missiles, advanced sensors and radars, interceptors, space-based systems, hypersonics and missile defense across land, air, sea and space.

About RTX
With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.

For questions or to schedule an interview, please contact [email protected].

SOURCE RTX

Posted by Defense World Staff on Aug 3rd, 2026

Chelsea Counsel Co. decreased its holdings in shares of RTX Corporation (NYSE:RTX – Free Report) by 10.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,771 shares of the company’s stock after selling 2,345 shares during the period. RTX comprises approximately 1.7% of Chelsea Counsel Co.’s investment portfolio, making the stock its 16th largest holding. Chelsea Counsel Co.’s holdings in RTX were worth $4,007,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC raised its position in shares of RTX by 24.3% during the 4th quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock worth $1,969,000 after purchasing an additional 3,332 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in RTX by 3.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock worth $564,000 after buying an additional 159 shares during the last quarter. United Bank boosted its holdings in RTX by 68.0% in the 2nd quarter. United Bank now owns 10,202 shares of the company’s stock worth $1,490,000 after buying an additional 4,131 shares during the last quarter. Schnieders Capital Management LLC. increased its stake in RTX by 3.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock worth $3,052,000 after buying an additional 623 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new position in shares of RTX during the second quarter valued at approximately $5,157,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

Analyst Upgrades and Downgrades RTX has been the topic of several research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $238.00 target price on shares of RTX in a research report on Monday, July 27th. Royal Bank Of Canada boosted their price target on RTX from $230.00 to $250.00 and gave the stock an “outperform” rating in a research report on Friday, July 24th. Jefferies Financial Group set a $250.00 price objective on RTX in a report on Sunday, July 26th. Argus set a $245.00 target price on shares of RTX in a research note on Thursday. Finally, UBS Group upped their target price on shares of RTX from $198.00 to $215.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, RTX currently has a consensus rating of “Moderate Buy” and an average price target of $226.94.

Get Our Latest Report on RTX

RTX Trading Up 0.2% Shares of RTX stock opened at $215.58 on Monday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78. The stock’s 50 day simple moving average is $191.15 and its 200-day simple moving average is $193.18. The stock has a market cap of $290.55 billion, a P/E ratio of 37.95, a P/E/G ratio of 2.56 and a beta of 0.30. RTX Corporation has a 1-year low of $150.61 and a 1-year high of $221.34.

RTX (NYSE:RTX – Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, beating the consensus estimate of $1.66 by $0.23. RTX had a return on equity of 13.99% and a net margin of 8.28%.The firm had revenue of $24.71 billion during the quarter, compared to analysts’ expectations of $22.89 billion. During the same quarter last year, the firm earned $1.56 earnings per share. The business’s revenue for the quarter was up 14.5% on a year-over-year basis. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Analysts predict that RTX Corporation will post 7.21 EPS for the current fiscal year.

RTX Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be paid a $0.73 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.4%. RTX’s dividend payout ratio (DPR) is 51.41%.

RTX News Roundup Here are the key news stories impacting RTX this week:

Positive Sentiment: Pratt & Whitney, RTX’s engine business, received a nearly $1.3 billion undefinitized contract for F135 engine spare parts. The award supports sustainment of engines powering all three F-35 Lightning II variants, strengthening RTX’s defense backlog and long-term revenue visibility. RTX’s Pratt & Whitney awarded $1.3 billion F135 sustainment contract Positive Sentiment: Investor sentiment remains supported by RTX’s latest earnings beat: quarterly revenue rose 14.5% year over year to $24.71 billion, while EPS of $1.89 exceeded consensus by $0.23. Management also raised its full-year 2026 outlook, with guidance of $7.10-$7.25 in EPS, citing a record $289 billion backlog across commercial aftermarket and defense programs. How RTX’s Q2 Beat, Raised Outlook and Record Backlog Will Impact RTX Investors Positive Sentiment: Analyst support has improved after the earnings report, with Morgan Stanley raising its RTX price target. RTX is also being highlighted among industrial stocks positioned to benefit from resilient manufacturing, defense demand and infrastructure investment. Morgan Stanley raises RTX stock price target after earnings Neutral Sentiment: A comparison of RTX with Redwire frames RTX as the more established company, benefiting from scale, execution and a substantial backlog, while Redwire offers potentially faster sales and earnings growth. The analysis underscores RTX’s steadier profile but also suggests investors should weigh its higher valuation against its growth prospects. RTX vs. Redwire: Which Aerospace & Defense Stock Offers More Upside? Negative Sentiment: Reports of insider selling briefly pressured RTX shares, highlighting profit-taking risk after a strong rally toward the stock’s 12-month high. RTX’s valuation—about 38 times earnings—also leaves the stock more sensitive to any disappointment in execution or guidance. RTX shares down following insider selling Insiders Place Their Bets In other news, VP Kevin G. Dasilva sold 2,250 shares of RTX stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $216.93, for a total transaction of $488,092.50. Following the transaction, the vice president owned 20,099 shares in the company, valued at $4,360,076.07. The trade was a 10.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Troy D. Brunk sold 8,557 shares of the business’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $210.29, for a total transaction of $1,799,451.53. Following the transaction, the insider directly owned 8,809 shares in the company, valued at approximately $1,852,444.61. The trade was a 49.27% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 15,567 shares of company stock valued at $3,304,375 over the last ninety days. Corporate insiders own 0.10% of the company’s stock.

RTX Profile (Free Report)

RTX (NYSE: RTX) is a U.S.-based aerospace and defense company that designs, manufactures and services advanced systems for commercial, military and governmental customers worldwide. The company was created through the 2020 combination of Raytheon Company and United Technologies Corporation and later adopted the RTX name, positioning itself as a diversified provider across the aerospace and defense value chain.

RTX’s operations span a broad set of capabilities. Its commercial aerospace businesses include Pratt & Whitney aircraft engines and Collins Aerospace systems, which supply propulsion, avionics, aerostructures, interiors and integrated aircraft systems.

Recommended Stories Five stocks we like better than RTX 3 Fixed-Income ETFs Show Why Yield Is Only Part of the Income Story AbbVie Quietly Solved Its Biggest Problem—Now What? Rio Tinto’s Results Make the Case for Looking Beyond Tech in the AI Trade Strategy’s Structural Strength: Hidden in a $8 Billion Illusion Want to see what other hedge funds are holding RTX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for RTX Corporation (NYSE:RTX – Free Report).

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Posted by Defense World Staff on Aug 1st, 2026

Axiom Investment Management LLC acquired a new position in shares of RTX Corporation (NYSE:RTX – Free Report) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 8,568 shares of the company’s stock, valued at approximately $1,653,000. RTX accounts for about 1.3% of Axiom Investment Management LLC’s portfolio, making the stock its 19th largest position.

Several other hedge funds have also modified their holdings of RTX. Navalign LLC purchased a new stake in RTX during the fourth quarter valued at about $25,000. Commonwealth Retirement Investments LLC purchased a new stake in RTX during the fourth quarter worth approximately $26,000. Core Wealth Advisors LLC acquired a new stake in shares of RTX in the fourth quarter worth $31,000. 1 North Wealth Services LLC increased its position in shares of RTX by 456.7% in the fourth quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock worth $31,000 after acquiring an additional 137 shares in the last quarter. Finally, Evergreen Advisors LLC purchased a new stake in RTX during the 1st quarter worth $31,000. 86.50% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes RTX has been the topic of several research reports. Weiss Ratings raised RTX from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, July 24th. Robert W. Baird set a $240.00 target price on RTX in a research note on Friday, July 24th. Wells Fargo & Company raised their target price on RTX from $200.00 to $230.00 and gave the company an “equal weight” rating in a report on Friday, July 24th. Susquehanna boosted their price target on RTX from $235.00 to $245.00 and gave the stock a “positive” rating in a research report on Friday, July 24th. Finally, UBS Group increased their price objective on shares of RTX from $198.00 to $215.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $226.94.

Read Our Latest Report on RTX

RTX Stock Up 0.6% Shares of RTX stock opened at $215.58 on Friday. The stock has a market capitalization of $290.55 billion, a price-to-earnings ratio of 37.95, a PEG ratio of 2.55 and a beta of 0.30. RTX Corporation has a twelve month low of $150.61 and a twelve month high of $221.34. The company has a current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47. The business’s 50 day simple moving average is $191.15 and its 200-day simple moving average is $193.19.

RTX (NYSE:RTX – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, topping analysts’ consensus estimates of $1.66 by $0.23. RTX had a return on equity of 13.99% and a net margin of 8.28%.The firm had revenue of $24.71 billion during the quarter, compared to the consensus estimate of $22.89 billion. During the same period in the prior year, the business earned $1.56 EPS. The firm’s revenue was up 14.5% on a year-over-year basis. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Equities research analysts forecast that RTX Corporation will post 7.21 earnings per share for the current year.

RTX Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be issued a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. RTX’s payout ratio is 51.41%.

Trending Headlines about RTX Here are the key news stories impacting RTX this week:

Positive Sentiment: Pratt & Whitney, RTX’s engine business, received a nearly $1.3 billion undefinitized contract for F135 engine spare parts. The award supports sustainment of engines powering all three F-35 Lightning II variants, strengthening RTX’s defense backlog and long-term revenue visibility. RTX’s Pratt & Whitney awarded $1.3 billion F135 sustainment contract Positive Sentiment: Investor sentiment remains supported by RTX’s latest earnings beat: quarterly revenue rose 14.5% year over year to $24.71 billion, while EPS of $1.89 exceeded consensus by $0.23. Management also raised its full-year 2026 outlook, with guidance of $7.10-$7.25 in EPS, citing a record $289 billion backlog across commercial aftermarket and defense programs. How RTX’s Q2 Beat, Raised Outlook and Record Backlog Will Impact RTX Investors Positive Sentiment: Analyst support has improved after the earnings report, with Morgan Stanley raising its RTX price target. RTX is also being highlighted among industrial stocks positioned to benefit from resilient manufacturing, defense demand and infrastructure investment. Morgan Stanley raises RTX stock price target after earnings Neutral Sentiment: A comparison of RTX with Redwire frames RTX as the more established company, benefiting from scale, execution and a substantial backlog, while Redwire offers potentially faster sales and earnings growth. The analysis underscores RTX’s steadier profile but also suggests investors should weigh its higher valuation against its growth prospects. RTX vs. Redwire: Which Aerospace & Defense Stock Offers More Upside? Negative Sentiment: Reports of insider selling briefly pressured RTX shares, highlighting profit-taking risk after a strong rally toward the stock’s 12-month high. RTX’s valuation—about 38 times earnings—also leaves the stock more sensitive to any disappointment in execution or guidance. RTX shares down following insider selling Insiders Place Their Bets In other news, insider Troy D. Brunk sold 8,557 shares of the stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $210.29, for a total value of $1,799,451.53. Following the completion of the transaction, the insider directly owned 8,809 shares in the company, valued at $1,852,444.61. This trade represents a 49.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Kevin G. Dasilva sold 4,760 shares of the stock in a transaction on Friday, July 24th. The shares were sold at an average price of $213.62, for a total value of $1,016,831.20. Following the transaction, the vice president directly owned 22,349 shares of the company’s stock, valued at approximately $4,774,193.38. The trade was a 17.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 15,567 shares of company stock valued at $3,304,375 in the last quarter. 0.10% of the stock is currently owned by insiders.

RTX Company Profile (Free Report)

RTX (NYSE: RTX) is a U.S.-based aerospace and defense company that designs, manufactures and services advanced systems for commercial, military and governmental customers worldwide. The company was created through the 2020 combination of Raytheon Company and United Technologies Corporation and later adopted the RTX name, positioning itself as a diversified provider across the aerospace and defense value chain.

RTX’s operations span a broad set of capabilities. Its commercial aerospace businesses include Pratt & Whitney aircraft engines and Collins Aerospace systems, which supply propulsion, avionics, aerostructures, interiors and integrated aircraft systems.

Read More Five stocks we like better than RTX Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector Amazon’s Earnings Beat Shows Why AWS Is Back at the Center of the Bull Case Apple’s Record Quarter Could Not Outrun Its Guidance Problem McKesson’s Compounding Keeps Adding Up Want to see what other hedge funds are holding RTX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for RTX Corporation (NYSE:RTX – Free Report).

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