The aerospace and defense firm cites a $289 billion backlog and $10 billion in international awards for its improved outlook.
RTX lifted its full-year adjusted sales guidance by $2.5 billion, reflecting robust defense execution and higher aftermarket volume for Pratt & Whitney’s GTF engines. The company reported 16% organic sales growth in Q2 2026, driven by commercial aftermarket and defense strength, supported by a record $289 billion backlog.
Raytheon secured over $10 billion in international awards during the first half, underscoring global demand for air and missile defense systems. Pratt & Whitney reduced aircraft-on-ground levels by 25% year-to-date, aided by a 40% increase in maintenance, repair, and overhaul output.
Management expects organic sales growth to moderate to around 5% in the second half due to tough year-over-year comparisons and timing of contracts.