RTX Joins Defense Firms in 4x Ramp-Up of Exquisite-Class Weapons Output
President Donald Trump announced that RTX and other major defense contractors committed to quadruple production of ‘Exquisite Class’ weaponry, with expansion of plants and output already underway since three months ago. The move could bolster RTX’s long-term order backlog and drive higher revenue as the U.S. escalates munitions deployment.
1. Production Commitment
President Donald Trump said RTX and other defense primes agreed to quadruple production of ‘Exquisite Class’ weaponry to rapidly reach the highest quantity levels possible.
2. Expansion Progress
The ramp-up began three months ago, with plant upgrades and new production lines already under construction to boost output of medium and upper medium grade munitions.
3. Financial Implications
This production surge may significantly expand RTX’s order backlog and underpin revenue growth as U.S. forces increase munitions usage in Iran and Venezuela.