On January 5, 2026, Collins Aerospace, a business unit of RTX, secured a $438 million award from the Federal Aviation Administration to support the Radar System Replacement program. Under the agreement, RTX will deliver both the Condor Mk3 cooperative surveillance radar and the ASR-XM non-cooperative radar, replacing legacy systems with a unified architecture. To date, over 550 RTX radar installations operate across the National Airspace System, and this new contract is expected to be deployed rapidly under Collins’s 70-year partnership with the FAA. The upgraded systems promise enhanced safety, reduced operational complexity, and lower lifecycle costs for air traffic controllers nationwide.

RTX will report its fourth quarter and full-year 2025 results on January 27, with a conference call at 8:30 a.m. ET. The webcast and accompanying presentation will be available on the company’s website. Investors will be watching key metrics such as free cash flow—historically exceeding $4 billion annually—and order backlog trends across Collins Aerospace, Pratt & Whitney, and Raytheon segments. Analysts at Zacks and JPMorgan have highlighted RTX’s robust backlog, which stood at more than $170 billion at the end of 2024, as a driver of revenue visibility through 2026.

Over the past month, RTX shares have gained roughly 9.8 percent, outperforming the broader aerospace and defense industry. This rally follows the announcement of new defense contract wins, including multi-year agreements for integrated air-and-missile defense systems, and continued strength in Pratt & Whitney’s aftermarket engine services. Jeff Kilburg of KKM Financial recently named RTX among his top three defense stock picks—citing improving earnings expectations and a relative valuation discount versus peers. Meanwhile, Zacks analysts rank RTX among the day’s top research ideas, pointing to semiconductor equipment strength in its Collins segment and potential upside from Raytheon’s classified programs.