RTX has beaten Wall Street estimates in 9 of its last 12 quarterly reports, delivering an average earnings surprise of +6.5%. Analysts point to the company’s diversified portfolio across Collins Aerospace, Pratt & Whitney and Raytheon Missiles & Defense as key drivers behind consistent margin expansion. For the full year 2025, consensus forecasts call for revenue growth of approximately 4.2% year-over-year, supported by robust aftermarket services and higher defense spending in North America and Europe.

Over the past month, RTX shares have rallied 9.8% relative to its aerospace and defense peers, fueled by multiple new contract awards and upward revisions to 2026 earnings projections. Despite this rally, the stock still trades at a forward enterprise-value-to-EBITDA multiple near 12.5x, representing a 15% discount to the five-year average and a larger gap versus the sector median. Investors are watching whether continued backlog growth and operating leverage can sustain further valuation expansion.

RTX will publish its fourth-quarter and full-year 2025 financial results on January 27, 2026, before the market opens. Management will host a conference call at 8:30 a.m. ET to discuss quarterly performance, 2026 guidance, and strategic priorities. Key topics include the pace of Pratt & Whitney engine deliveries, margin outlook for Collins Aerospace’s avionics business, and the impact of cost synergy initiatives at Raytheon following the 2020 merger.

On January 5, Collins Aerospace—an RTX unit—secured a $438 million award from the Federal Aviation Administration to replace legacy air traffic control radars under the Radar System Replacement program. The deal covers delivery of Condor Mk3 cooperative radars and ASR-XM non-cooperative systems, with over 550 existing RTX radar units already in operation nationwide. The multi-year contract underscores the company’s technology leadership and supports FAA efforts to modernize the National Airspace System, potentially driving incremental revenues in 2026 and beyond.