NYSE RTX

RTX Corporation

Industrials · Aerospace & Defense

Market cap$266.258B
P/E ratio32.08
Earnings / share6.15
Dividend yield1.53%
Beta0.31
Employees180,000

Company overview

RTX Corporation (RTX) at a glance

The week in numbers

$2.26 per share
Adjusted quarterly earnings

Reported earnings exceeded the cited consensus estimate.

Zacks reported RTX adjusted earnings above its consensus estimate.

Source report
$24.5B
Quarterly revenue

Zacks explicitly described year-over-year revenue growth.

Zacks reported revenue rose 11% year over year.

Source report
$340B
Record backlog

Reported record backlog may support future revenue visibility.

Zacks reported combined commercial aerospace and defense backlog.

Source report
$100M
Poland facility investment

Planned investment could expand future component production capacity.

Zacks reported Pratt & Whitney’s planned Rzeszów expansion.

Source report
Sector
Industrials
Headquarters
1000 Wilson Boulevard, Arlington, VA 22209, United States
Chief executive
Christopher T. Calio | Christopher T. Calio
Employees
180,000
Founded
Apr 3, 2020
Exchange
NYSE
Industry
Aerospace & Defense
Country
United States
Trading currency
USD
Official website
rtx.com
Company Overview
Read company overview

RTX Corporation is an aerospace and defense company headquartered in Arlington, Virginia. With 180,000 employees, it supplies systems and services to commercial, military and government customers worldwide. Christopher T. Calio is the company’s chief executive officer. Its operations are organized around Collins Aerospace, Pratt & Whitney and Raytheon.

Collins Aerospace provides aerospace and defense equipment and aftermarket support for civil and military aircraft, airlines, and aviation and space operations. Its offerings include power, environmental and flight-control systems; engine components and nacelles; aircraft cabin equipment; connected aviation technologies; and training, simulation and battlespace-related systems. It also supplies parts, repair, overhaul, technical support and fleet-management services.

Pratt & Whitney develops and services engines for commercial, military, business and general aviation aircraft, alongside auxiliary power units and maintenance, repair and overhaul services. Raytheon provides threat detection, tracking and mitigation capabilities, including sensors, mission-orchestration and satellite-control products and software. The company resulted from the 2020 combination of aerospace businesses associated with United Technologies and Raytheon, and adopted the RTX Corporation name in July 2023.

Ownership & major shareholders

RTX Corporation shares trade on NYSE under RTX. A verified breakdown of major shareholders is not included in this profile.

Weekly briefing

Coverage points to strong reported quarterly execution and an unusually large aerospace-and-defense backlog as the main drivers. This is an interpretation of this week’s reporting, not verification of a sustained improvement in RTX’s operating trajectory; future conversion of contracted work remains central.

News balance

4 Positive1 Mixed2 Context

Positive signals

Positive signals included reported adjusted earnings and revenue above Zacks consensus, with revenue also higher year over year, plus a reported $340 billion backlog split across commercial aerospace and defense. Collins Aerospace’s planned altimeter upgrades could create compliance-related service and equipment demand, while Pratt & Whitney’s Polish capacity investment may support future engine-component output.

Risks to watch

Material risks are execution, capacity and timing: the altimeter opportunity depends on engineering resources and service-center throughput, and delays could impede conversion into revenue. Forecasts and estimate revisions are third-party expectations rather than realized results. Two supplied sources provide headline/snippet-only coverage, so their contract-backlog and relative-valuation claims cannot be assessed beyond those limited descriptions.

Latest news

Company Review
Zacks

Defense demand and engine investment support outlook

Zacks reported that defense-budget expansion, RTX contract activity and aerospace diversification support prospects. It cited a planned $100 million Pratt & Whitney Poland expansion, Swedish anti-jamming contracts, and consensus expectations for higher sales and earnings.

If defense spending and commercial aerospace demand persist, added component capacity and product development could support future delivery capacity. The reported consensus projections and facility plan do not establish realized sales, margins, or timely execution.

Zacks

Quarterly beat paired with record backlog

Zacks reported RTX adjusted quarterly earnings of $2.26 per share and revenue of $24.5 billion, both above its cited consensus figures. It also reported a record $340 billion backlog spanning commercial aerospace and defense.

The reported earnings beat and backlog could provide revenue visibility if RTX converts contracted work into deliveries. Positive earnings-estimate revisions remain analyst expectations rather than company results for future periods.

Stocktwits

Headline flags defense contract momentum

Headline-only coverage says U.S. defense companies, including RTX, were adding military contracts and longer-term commitments amid higher Pentagon spending, focused on aircraft, missile defense and weapons production. No article text was supplied.

If RTX was among the companies receiving the indicated commitments, additional defense backlog could support future work. The headline and snippet do not specify RTX awards, values, timing, or resulting revenue.

barchart.com

Headline comparison emphasizes Lockheed valuation

Headline-only commentary compares Lockheed Martin and RTX on forward earnings multiples and dividend yields, characterizing Lockheed as cheaper. No underlying article text or company operating evidence was supplied.

The comparison does not indicate a change in RTX demand, production, backlog, or financial performance. Without the full article, its valuation assertions offer limited evidence for RTX’s operating model.

Source report

Altimeter upgrade targets regulatory fleet demand

Simply Wall St reported that Collins Aerospace plans business-aviation radio-altimeter upgrades for forthcoming FAA standards. The program targets 5G resilience and lets operators retain existing avionics architectures, but the report identifies capacity and timing uncertainty.

If operators adopt the upgrades, mandated fleet work could add aftermarket hardware and service activity. Bottlenecks in engineering capacity or service centers could delay conversion and raise execution demands.

Zacks

Reported quarterly records strengthen revenue visibility

Zacks reported that RTX delivered quarterly adjusted earnings above consensus and revenue growth above its cited estimate. It said the company ended the period with a $340 billion record backlog, including commercial aerospace and defense work.

Reported quarterly outperformance and contracted work could support future sales visibility if programs are executed as planned. The cited projected earnings growth and revisions remain external estimates, not realized operating results.

Source report

Peer article notes lower RTX hedge-fund ownership

An article focused on Honeywell Aerospace reported that 92 hedge-fund portfolios held RTX at the end of the second quarter, compared with 95 in the preceding quarter. It supplied no RTX operating update.

The reported portfolio-count change is not evidence of changes in RTX contracts, production, revenue, or profitability. It therefore has limited bearing on the company’s operating model absent additional business information.

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