RTX Corporation reported stronger-than-expected Q1 2026 results with adjusted EPS of $1.78 and revenue of $22.08 billion, driven by growth in defense and commercial aerospace. The company also posted a record backlog of $271 billion, signaling strong demand. Despite raising full-year guidance, shares dropped over 4% due to concerns over $850 million in new tariffs and geopolitical tensions affecting defense demand. Management remains focused on production investments and program execution to sustain growth.
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,...
