RTX lifts profit, revenue forecasts amid strong demand for weapons

RTX, a major U.S. defense contractor, raised its 2026 profit and revenue forecasts due to strong demand for its weapons systems and aftermarket services amid rising global geopolitical tensions. The company benefits from increased Pentagon spending to replenish weapons stocks depleted by conflicts such as the wars in Ukraine and Gaza. A key driver is growing demand for missile systems, including a recent $3.7 billion contract to supply Patriot GEM-T interceptors to Ukraine. In its latest results, RTX reported a 9% rise in quarterly revenue to $22.08 billion and a 21% increase in adjusted earnings per share to $1.78. Its Raytheon division saw strong growth in missile defense and sensor systems, while its Pratt & Whitney unit also performed well due to high demand for aircraft maintenance services, driven by delays in new aircraft deliveries. Overall, RTX expects continued growth, lifting its full-year profit outlook to $6.7–$6.9 per share and revenue forecasts to $92.5–$93.5 billion.