Commercial aftermarket growth - Collins Aerospace and Pratt & Whitney reported double-digit increases in commercial aftermarket sales, driven by higher volume and increased demand for parts, repairs, and upgrades
Defense sales increase - All segments reported higher defense sales, with Raytheon benefiting from increased volume and favorable mix in land, air, and space defense systems
Margin expansion - Margin expansion across all three segments contributed to profit growth, supported by higher volumes and improved productivity
Updated outlook
RTX raises 2026 adjusted sales outlook to $95.0-$96.0 bln from $92.5-$93.5 bln
Company now sees 2026 organic sales growth of 8-9%, up from 5-6%
RTX expects 2026 adjusted EPS of $7.10-$7.25, up from $6.70-$6.90
Quarterly results and guidance
US aerospace and defense firm's Q2 adjusted revenue rose 14%, beating analyst expectations
Adjusted EPS for Q2 grew 21% and beat analyst expectations
Company raised 2026 outlook for adjusted sales, adjusted EPS, and free cash flow
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy", 7 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the aerospace & defense peer group is "buy"
Wall Street's median 12-month price target for RTX Corp is $220.00, about 12.9% above its July 22 closing price of $194.88
The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 28 three months ago
RTX•
