RTX advances naval radar tech while RTX Corporation stock trades below EUR 167.60

Published on 10/13/2026 at 12:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 24.71 billion in the second quarter, up 14.50 percent. RTX Corporation stock was EUR 167.13 on October 13, 2026 versus EUR 167.60.

Key points in brief

RTX's Raytheon business received a naval radar development contract dated October 12, 2026.
RTX revenue reached USD 24.71 billion in the second quarter, up 14.50 percent year over year.
The Lang & Schwarz price was EUR 167.13 on October 13, 2026, or 0.28 percent below the Xetra close of EUR 167.60.
RTX is scheduled to report third-quarter 2026 results on October 20, 2026.

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RTX Corporation (ISIN US75513E1010) had its Raytheon business awarded a naval radar development contract on October 12, 2026, while RTX Corporation stock traded at EUR 167.13 at Lang & Schwarz at 12:29 p.m. CEST, 0.28 percent below the Xetra close of EUR 167.60. The contract supports software upgrades for the SPY-6 radar family and future naval radars.

Raytheon extends radar work

According to RTX on October 12, 2026, the Office of Naval Research awarded Raytheon a contract to develop target-detection capabilities for naval radar systems. The work covers signal and data-processing algorithms plus software upgrades intended to extend detection range, increase sensitivity and improve radar efficiency.

The program will undergo laboratory and field testing before potential integration into SPY-6 and other future naval radars. The work is planned at facilities in Portsmouth, Rhode Island, and Andover, Massachusetts, through 2031, giving the announcement a multi-year operating horizon even though the contract value was not disclosed.

Three dated RTX milestones

RTX reported USD 24.71 billion of revenue in the second quarter of 2026, up 14.50 percent year over year, according to MarketBeat. On October 2, 2026, Raytheon secured a USD 511.50 million modification for AN/SPY-6 radar hardware and spares, as reported by el fondo.

The October 12 radar announcement adds a separate technology-development program to that defense activity. For investors, the key distinction is that the release describes capability development and testing rather than a disclosed revenue award, so the financial impact cannot be quantified from the announcement.

What comes next for earnings?

MarketBeat identifies October 20, 2026, as RTX's next reporting date and cites consensus revenue of USD 24.05 billion and earnings of USD 1.77 per share for the third quarter of 2026. The same source says RTX's fiscal 2026 adjusted earnings-per-share guidance is USD 7.10-7.25.

The earnings date is the next measurable test for whether the second-quarter revenue pace is carrying into the second half. A second future date shown by TradingView is January 26, 2027, listed as the following earnings date.

RTX stock stays below the Xetra close

RTX Corporation stock stood at EUR 167.13 at Lang & Schwarz on October 13, 2026 at 12:29 p.m. CEST, down EUR 0.47, or 0.28 percent, versus the Xetra close of EUR 167.60 on October 12, 2026. The primary listing is on the New York Stock Exchange, where the finance quote showed USD 186.66 at the October 12, 2026 close and a 52-week range of USD 155.64 to USD 226.88.

The further course of trading is shown by the continuously updated real-time quote of RTX Corporation stock.