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How RTX’s Q2 Beat, Raised Outlook and Record Backlog Will Impact RTX (RTX) Investors
Simply Wall St.16d agobullish
How RTX’s Q2 Beat, Raised Outlook and Record Backlog Will Impact RTX (RTX) Investors

RTX Corporation recently reported past second-quarter 2026 results, with revenue rising to US$24.71 billion from US$21.58 billion and net income increasing to US$2.14 billion from US$1.66 billion year over year, lifting basic earnings per share from continuing operations to US$1.58. Alongside this earnings beat, RTX boosted its full-year 2026 sales and profit outlook on the back of a sharply higher US$289 billion backlog spanning commercial aftermarket and defense programs. Next, we’ll...

Morgan Stanley delivers strong new verdict on RTX stock after earnings
TheStreet16d agoneutral
Morgan Stanley delivers strong new verdict on RTX stock after earnings

Besides this second quarter, I had the chance to cover Morgan Stanley's note on RTX in April after their impressive Q1. Morgan Stanley cut RTX's price target to $220 but maintained an Overweight rating, viewing the post-earnings dip as a "buying opportunity."Fast forward to this Q2 coverage: RTX ...

Missiles Are Hot. That’s Good for Lockheed Martin Stock.
Barrons.com16d agobearish
Missiles Are Hot. That’s Good for Lockheed Martin Stock.

The U.S. has fired a lot of missiles lately, leaving the Defense Department motivated to quickly replace and grow its missile stocks. “When you add the $54 billion dollars in this contract modification, you’re pushing $300 billion dollars of backlog for the company,” said CEO Jim Taiclet on Fox Business. Lockheed is tripling production of its PAC-3 missiles.

Aging Jets, Rising Threats: Why RTX Corporation (RTX) Just Raised Its 2026 Outlook
Insider Monkey18d agoneutral
Aging Jets, Rising Threats: Why RTX Corporation (RTX) Just Raised Its 2026 Outlook

RTX Corporation (NYSE:RTX) on Thursday lifted its sales and profit outlook for 2026, amid sustained demand for commercial aircraft maintenance and military systems, as airlines continue to rely on older fleets and governments restock weapons. The aerospace and defense company now projects adjusted sales in the range of $95 billion to $96 billion, up from […]