RTX Corp reported strong first-quarter 2026 results driven by solid demand in defense and aerospace segments, especially in Pratt & Whitney and Collins Aerospace. Despite this, shares fell due to investor concerns about potential softness in commercial aerospace demand. Bank of America maintained a Buy rating and a $230 price target, citing resilient demand and accelerating growth in RTX's Raytheon defense segment amid ongoing global conflicts. Analysts also see potential upside from new engine technology expected later in 2026, which could offset commercial market softness.
Raytheon successfully demonstrated its Next Generation Short Range Interceptor (NGSRI), designed to replace the Stinger missile for the U.S. Army. The demo showed the missile's improved range, precision, and lethality, using advanced optics and a new...
Pratt & Whitney has enhanced its engine inspection process by acquiring Amsterdam-based Aiir Innovations and integrating its AI-assisted borescope software. This technology improves the consistency and efficiency of inspections for commercial, civil,...
