RTX secures SM-6 contract: RTX Corporation stock sits 16.69 percent below target

Published on 10/05/2026 at 12:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 14.50 percent to USD 24.71 billion. RTX Corporation stock costs EUR 164.40 on October 5, 2026, versus EUR 164.23.

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RTX Corporation (ISIN US75513E1010) was trading at EUR 164.40 at Lang & Schwarz on October 5, 2026 at 12:16 p.m. CEST, up 0.10 percent versus the EUR 164.23 prior close from October 2, 2026. The immediate company catalyst is a five-year SM-6 interceptor contract valued at up to USD 24.4 billion, announced on October 1, 2026.

SM-6 order expands defense backlog

According to RTX on October 1, 2026, Raytheon secured the contract for Standard Missile-6 production, with two additional option years. The system supports offensive missions, anti-air warfare and ballistic missile defense for the U.S. Navy.

Reuters reported on October 1, 2026 that the agreement covers five years plus two option years as the Pentagon replenishes missile inventories. The size gives Raytheon a visible defense demand signal, but the contract also requires higher manufacturing output.

Revenue growth supports the outlook

RTX generated USD 24.71 billion in revenue during the second quarter of 2026, up 14.50 percent from the same period a year earlier, while adjusted earnings per share reached USD 1.89 versus consensus of USD 1.66. MarketBeat reported these figures and noted that quarterly revenue exceeded expectations by USD 1.82 billion.

The same second-quarter report showed operating cash flow of USD 3.55 billion, compared with USD 458.00 million a year earlier. RTX also raised its fiscal 2026 adjusted sales outlook to USD 95.00 billion to USD 96.00 billion from USD 92.50 billion to USD 93.50 billion, keeping growth and execution central to the investment case.

Analyst target remains above market price

MarketBeat reported on September 23, 2026 that Sanford C. Bernstein cut its RTX target from USD 232.00 to USD 223.00 while maintaining a Market Perform rating. The USD 223.00 target was 16.69 percent above the prior USD 191.10 primary-market reference cited in that report, leaving the analyst view constructive on valuation but less optimistic than before.

RTX is scheduled to release third-quarter 2026 results before the US market opens on October 20, 2026. RTX said the earnings call will begin at 8:30 a.m. ET, making execution against the raised outlook the next measurable test.

RTX stock holds near its daily reference

At Lang & Schwarz, RTX stock was trading at EUR 164.40 on October 5, 2026 at 12:16 p.m. CEST, plus 0.10 percent versus the EUR 164.23 prior close dated October 2, 2026. The primary listing is on the NYSE, where the finance quote showed USD 184.68 at the October 2, 2026 market timestamp 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.