RTX Corporation Raises 2026 Outlook Amid Strong Demand for Maintenance and Defense Systems
RTX Corporation (NYSE: RTX) has raised its sales and profit outlook for 2026, citing sustained demand in commercial aircraft maintenance and military systems. The company now expects adjusted sales between $95 billion to $96 billion—up from previous estimates—and a full-year adjusted EPS of $7.10–$7.25. This increase follows strong second-quarter results where RTX beat revenue and profit expectations, with quarterly revenue reaching $24.7 billion and adjusted EPS at $1.89. The performance was driven by growth in key units: Pratt & Whitney saw a 16% sales rise to $8.89 billion due to demand for jet engines; Raytheon’s defense business grew 18%, fueled by air and missile systems like Patriot and AMRAAM missiles; Collins Aerospace also posted an 8% increase. RTX's backlog rose 22% year-over-year, reaching $289 billion. The company is benefiting from a shortage of new commercial aircraft due to supply chain issues at Boeing and Airbus, pushing airlines toward maintenance services. Meanwhile, global defense spending has surged amid ongoing conflicts in Ukraine and the Middle East.
Topics: aerospace commercial aviation defense financial performance