RTX Corporation reported solid Q2 2026 results, with sales increasing 11.69% and operating profit rising 28.34% year-over-year. The company benefits from a $289 billion backlog and strong defense segment bookings, including $20 billion in quarterly defense orders and margin recovery at Pratt & Whitney. Despite these positives, RTX is rated HOLD because of concerns about overvaluation and limited margin of safety. Key risks include supply chain issues, trade policy uncertainties, and exposure to fixed-price contracts, which may limit upside potential for investors.
The U.S. Army has awarded Collins Aerospace a contract worth up to $472 million to provide engineering services for modernizing and sustaining the CH-47 Chinook helicopter fleet. The upgrades focus on avionics improvements that integrate new capabili...
Raytheon has secured a $745 million contract from the Missile Defense Agency to produce and maintain Standard Missile-3 Block IIA interceptors, enhancing defense against ballistic missile threats. The SM-3 IIA, developed with Japanese partners, featu...
Raytheon and Composite Energy Technologies (CET) successfully demonstrated HADALUS, a new low-cost, long-endurance unmanned undersea vehicle (UUV), during a U.S. Navy exercise. HADALUS completed multiple at-sea missions, showcasing its ability to lau...
