RTX Raises 2026 EPS Outlook to $6.70–$6.90, Plans $100M MRO Expansion
RTX raised its 2026 adjusted EPS outlook to $6.70–$6.90 and revenue guidance to $93.5 billion after Q1 adjusted EPS of $1.78 beat the $1.53 estimate. It also plans over $100 million in US MRO expansions, boosting Florida GTF capacity by 40% and increasing Texas serviceable material stock by 60%.
1. Q1 Earnings Beat and Guidance Boost
RTX posted adjusted Q1 EPS of $1.78 versus a $1.53 consensus, underpinned by 10% organic sales growth, a 19% rise in commercial aftermarket activity, and a 40% increase in munitions deliveries. Management raised 2026 adjusted EPS guidance to $6.70–$6.90 and revenue forecast to $93.5 billion, citing resilience in commercial aerospace spend and strong defense demand signals.
2. US MRO Footprint Expansion
Pratt & Whitney will invest over $100 million across Irving, Texas; West Palm Beach, Florida; and Springdale, Arkansas, to expand GTF engine maintenance capacity. The upgrades include a 500,000 sq ft Texas facility boosting serviceable material stock by over 60%, a 50,000 sq ft Florida expansion increasing GTF throughput by 40%, and added additive manufacturing capabilities in Arkansas to cut repair times by more than 60%.