RTX's Raytheon is selected for radar work: what it means for RTX Corporation stock
Published on 10/16/2026 at 09:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSDefense and earnings markers
- RTX's Raytheon was selected for radar work on October 15, 2026.
- Second-quarter 2026 revenue reached USD 24.70 billion, up 14.00 percent year over year.
- RTX Corporation stock traded at EUR 167.08 at 9:31 a.m. CEST at Lang & Schwarz on October 16, 2026.
- Bernstein SocGen lowered its target to USD 214 from USD 223 on October 15, 2026.
RTX Corporation (ISIN US75513E1010) was trading at EUR 167.08 at Lang & Schwarz on October 16, 2026, at 9:31 a.m. CEST. The latest company-linked development is Raytheon's selection to modernize U.S. Space Force global early warning radars, listed by the RTX news center on October 15, 2026.
Radar work meets earnings preparation
The radar selection adds a defense-program angle before RTX reports third-quarter 2026 results on October 20. According to RTX, the release is scheduled before the market opens, followed by an 8:30 a.m. ET conference call. That date gives investors a defined near-term event for assessing defense demand and aerospace execution.
RTX's second-quarter 2026 revenue was USD 24.70 billion, up 14.00 percent from the year-earlier period, while adjusted earnings per share reached USD 1.58, according to Simply Wall St. The comparison matters because the coming quarter faces a higher revenue base than the prior-year period.
What does the target cut change?
Bernstein SocGen lowered its RTX target to USD 214 from USD 223 on October 15, 2026, while keeping a Market Perform rating, Investing.com reported. The firm cited a lower relative multiple for the defense business. A separate Benzinga report said TD Cowen cut its target from USD 240 to USD 225 on October 9, 2026.
Dates that shape the next move
The next substantiated date is October 20, 2026, for third-quarter results before the market opens. The earnings release can test whether the 14.00 percent second-quarter revenue growth carried into the next reporting period.
RTX stock stays tied to the earnings date
For investors, the radar program supports the defense narrative, while the target revisions show that valuation remains contested ahead of the report. RTX Corporation stock was trading at EUR 167.08 at Lang & Schwarz on October 16, 2026, at 9:31 a.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of RTX Corporation stock.
RTX Corporation stock facts
- Company: RTX Corporation
- ISIN: US75513E1010
- Ticker: RTX
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 16, 2026, 9:31 a.m. CEST): EUR 167.08
- Sector / Industry: Industrials / Aerospace & Defense
- Next earnings date: October 20, 2026
Market context: Market report S&P 500.
