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RTX Corporation (RTX) Stock News

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RTX Corporation reports aerospace and defense developments across Collins Aerospace, Pratt & Whitney and Raytheon. News commonly covers Collins avionics, commercial aviation radars, satellite and secure communications components, and multi-domain security solutions; Pratt & Whitney commercial and military engine production, including GTF, F135 and F100 programs; and Raytheon defense systems such as SeaRAM, SharpSight radars, missile-warning sensors, air and missile defense, advanced sensors and space-based systems.

Company updates also include earnings releases, backlog and cash-flow commentary, dividend actions, facility investments and production-capacity expansions tied to commercial aerospace and defense demand. Contract announcements and customer program awards provide recurring detail on RTX's role as a supplier to military, civil aviation and allied defense markets.

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RTX (NYSE: RTX) reported third-quarter 2026 sales of $25.0 billion, with earnings growth and a higher full-year outlook. Sales rose 11% year over year, or 12% organically. GAAP earnings per share rose 34% to $1.89; adjusted EPS, a non-GAAP measure, increased 33% to $2.26, including $0.25 from International Emergency Economic Powers Act cost recovery.

Operating cash flow fell 38% to $2,868 million, and free cash flow fell 47% to $2,119 million. Backlog reached $340 billion following over $81 billion of new awards. All three segments increased sales and adjusted operating profit, but Pratt & Whitney recorded a $363 million customer-bankruptcy charge.

RTX raised its 2026 outlook to adjusted sales of $97.0–$97.5 billion, adjusted EPS of $7.65–$7.75 and free cash flow of $9.0–$9.2 billion. It now expects organic sales growth of 10%–11%.

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RTX (NYSE: RTX) announced a $215 million U.S. Army production contract awarded to the Javelin Joint Venture for Lightweight Command Launch Units.

The joint venture pairs RTX's Raytheon business with Lockheed Martin. The award comes five months after the first units were delivered to the Army. The Lightweight Command Launch Unit is the next-generation launcher for the Javelin weapon system and is designed for compatibility with all current, past and future Javelin variants.

Compared with the current Block I Command Launch Unit, the new launcher is 30% smaller and 25% lighter, while doubling target detection and recognition. It also offers day and night engagement capability.

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RTX (NYSE: RTX) business Raytheon has been selected to modernize U.S. Space Force radar sites supporting missile early warning and space monitoring.

Under the Ground-Based Radar Digitization (GBRD) program, Raytheon will upgrade existing systems that detect launches, characterize objects and track activity in space. The company expects digitization to improve performance and reliability and support the sites' operational capabilities for decades. Raytheon will work with the Space Force and industry on a common open architecture intended to simplify future upgrades and improve maintenance efficiency. The program will deliver prototype solutions before transitioning to rapid fielding at the remaining locations.

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RTX (RTX) business Raytheon was awarded $729 million to supply counter-drone system components to the U.S. Army, Qatar and Jordan.

The awards cover components of LIDS, the Low, slow, small, unmanned aircraft Integrated Defeat System, including the Ku-band Radio Frequency Sensor (KuRFS) and Coyote drone interceptors. They mark the first international sales of KuRFS and Coyote and include fixed-site and mobile configurations. RTX is investing to expand production and integrate new technologies into Coyote, while Raytheon is accelerating production of the Coyote family of interceptors.

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RTX (NYSE: RTX) business Raytheon successfully completed three developmental tests of its Coyote Block 2C+RM upgrades for counter-drone missions. The Raytheon-funded program advanced from concept to testing in 15 months. The initial series confirmed initial integration with the current counter-drone architecture and included the first launches of a Coyote interceptor equipped with a tactical rocket motor.

Raytheon intends to integrate the rocket motor for faster launch and flight, alongside a new seeker and warhead designed to counter current and emerging drone threats. The upgrades remain in development and are intended to support a joint U.S. military counter-drone mission.

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RTX (RTX) business Raytheon has won an Office of Naval Research contract to develop target-detection capabilities for naval radar systems.

The work covers signal and data-processing algorithms and software upgrades. Raytheon expects the upgrades to extend detection range, increase sensitivity and improve radar efficiency. Laboratory and field testing will validate performance and operational use before transition into the SPY-6 radar family and future naval radars. Contract work will take place in Portsmouth, Rhode Island, and Andover, Massachusetts, through 2031. Raytheon is also expanding its engineering workforce to support military programs.

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RTX (RTX) business Raytheon secured a contract valued up to $6.3 billion to produce and sustain SM-3 Block IB interceptors. The agreement has a five-year term and two additional option years, and forms part of recent agreements between Raytheon and the Department of War.

The contract supports replenishment of missile defense inventory. RTX has invested to expand capacity and accelerate production of critical munitions, including the Standard Missile family. Production under this contract will be primarily completed at Raytheon facilities in Tucson, Arizona, and Huntsville, Alabama.

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The National Association of Corporate Directors New England Chapter (NACDNE) has appointed five new members to its Board of Directors.

The appointees are Tracy Atkinson, Heather Campion, Michael Curry, Jack Egan and Damian Wilmot. Atkinson serves on the boards of Citizens Financial Group and RTX. Campion is Managing Director at DSG Global. Curry is President and CEO of the Massachusetts League of Community Health Centers. Egan has served on the boards of EMC and VMware. Wilmot currently serves on the boards of PBF Energy and Fidelity Charitable.

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RTX (NYSE: RTX) business Raytheon secured a multi-year contract valued up to $24.4 billion for Standard Missile-6 interceptors for the U.S. Navy. The contract covers five years, with two additional option years, and builds on agreements between Raytheon and the Department of War.

Raytheon has invested in its operations and facilities, expanded its skilled workforce, strengthened defense-industry partnerships and automated production. The company intends these efforts to support higher output for near- and long-term needs.

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RTX (RTX) subsidiary Collins Aerospace announced a 14,000-square-foot expansion of its West Des Moines engine-components manufacturing facility.

The multi-million-dollar investment is intended to increase capacity to meet growing demand from commercial and military aviation programs. The site ships more than 25,000 engine nozzles each month and employs approximately 300 full-time workers. Collins plans to add roles by the end of 2026, with further hiring expected into 2027. Construction is scheduled to begin later in September 2026, and completion is expected in mid-2027.

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FAQ

What is the current stock price of RTX Corporation (RTX)?

RTX Corporation (RTX) last closed at $192.11.

What is the market cap of RTX Corporation (RTX)?

The market cap of RTX Corporation (RTX) is approximately $258.9B.