RTX Corporation (RTX)

Over the last 12 months, RTX's stock price has increased, but decreased in the past month. Q3 2025 earnings exceeded expectations due to demand for aftermarket and commercial original equipment products. Q4 2025 also exceeded expectations due to organic growth at Pratt & Whitney and a surge in commercial aftermarket services. Geopolitical tensions have boosted demand for RTX's missile and air defense systems, contributing to a historic backlog. RTX secured a multi-decade Patriot missile contract. Recent headwinds include volatility from an Airbus engine dispute and supply chain issues. The company recently disclosed a quarterly dividend of $0.68, paid on March 19, 2026.

Demand for RTX's products and services is influenced by government contracts and commercial aviation. Government contracts see a surge at the end of the U.S. fiscal year. Commercial aviation experiences seasonal peaks in passenger volumes, influencing demand for aerospace products and aftermarket services. RTX has experienced robust demand across both its commercial aerospace and defense segments, with significant order backlogs. The company's primary challenge is currently focused on workforce and raw material availability to meet this demand.

RTX Corporation, formerly Raytheon Technologies, is a multinational aerospace and defense conglomerate headquartered in Arlington, Virginia. It is a major global aerospace and defense manufacturer and intelligence service provider. The company operates in the aerospace and defense sectors, providing systems and services for commercial, military, and government clients worldwide. RTX's business is divided into three segments: Collins Aerospace, which specializes in advanced aviation solutions; Pratt & Whitney, which designs and manufactures aircraft engines; and Raytheon, which focuses on next-generation defense solutions. RTX produces aircraft engines, avionics, aerostructures, cybersecurity solutions, guided missiles, air defense systems, satellites, and drones, and derives significant revenue from the U.S. government.

RTX Corporation has a global presence, serving customers in over 150 countries. It operates in five primary regions: the United States, Europe, Asia Pacific, the Middle East and North Africa, and other regions. The United States accounts for the largest portion of its total revenue. International governments contribute nearly 15% of revenue, with growth observed in NATO-aligned nations and key Middle Eastern allies. Europe and Asia Pacific also show consistent, positive growth in asset turnover.

RTX Corporation's brand reputation has been impacted by protests related to its role as a defense contractor. Historically, the company has maintained a relatively low public profile. It has faced criticism regarding the performance of some of its defense systems and has been involved in controversies related to corporate ethics.

RTX Corporation's ownership is heavily concentrated among institutional investors, who collectively hold approximately 82% of the company's shares. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. As of April 7, 2026, 3363 institutional owners and shareholders held a total of 1,132,728,470 shares.