Key Points – RTX raised its full-year guidance after a strong second quarter, now expecting adjusted sales of $95 billion to $96 billion, adjusted EPS of $7.10 to $7.25, and free cash flow of up to $8.75 billion.
Management said the higher outlook reflects broad strength in defense, Pratt & Whitney aftermarket, and Collins Aerospace. – Defense demand drove a record backlog, with RTX ending the quarter at $289 billion
Raytheon alone booked nearly $20 billion in awards, including major Patriot, AMRAAM, and other classified orders, and its backlog reached $86 billion with 48% coming from international customers. – Commercial aerospace remained resilient, especially in the aftermarket, with Pratt & Whitney and Collins benefiting from strong engine and MRO demand. RTX also continued investing in capacity and portfolio focus, including expanding GTF MRO operations and agreeing to sell Blue Canyon Technologies for $620 million. – MDA Space Targets US Defense Market With $620M Acquisition RTX (NYSE:RTX) raised its full-year outlook after reporting stronger second-quarter 2026 sales, profit and cash flow, citing broad demand across its commercial aerospace and defense businesses and continued progress on operational execution. Chairman and Chief Executive Officer Chris Calio said the company delivered “another strong quarter of performance and financial results,” with adjusted sales of $24.7 billion, up 16% organically from a year earlier.
Adjusted earnings per share rose 21% to $1.89, while adjusted segment operating profit increased 18% to $3.2 billion. Free cash flow totaled $2.9 billion. – How to Invest in the Biggest European Defense Surge in Decades The company’s backlog reached a record $289 billion, up 22% year over year and 6% sequentially. Calio said demand remained “exceptional” across RTX’s products and services, with both defense and commercial aerospace contributing to order growth.