RTX secures USD 24.40 billion contract. 16 analysts rate RTX Corporation stock a Buy

Published on 10/07/2026 at 15:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted sales hit USD 24.70 billion, up 16.00 percent in the second quarter. RTX Corporation stock costs EUR 163.13 on October 7, 2026 versus EUR 163.10.

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RTX secured a USD 24.40 billion Standard Missile-6 contract on October 1, 2026, while 16 of 23 analysts rate RTX Corporation stock a Buy. RTX said Raytheon will supply the U.S. Navy under a five-year contract with two additional option years, and Investing.com lists 16 Buy ratings among 23 analysts.

SM-6 order expands defense demand

The contract is valued at up to USD 24.40 billion and covers production of SM-6 interceptors for offensive, anti-surface and ballistic-missile-defense missions. Reuters reported on October 1, 2026, that the award is part of efforts to rebuild depleted missile stockpiles.

The order adds to RTX's defense backlog, but execution remains central because the agreement requires higher production over several years. The contract therefore supports visibility, while delivery capacity and supply-chain performance remain the operating test.

Second-quarter growth lifted guidance

In the second quarter of 2026, adjusted sales reached USD 24.70 billion, up 16.00 percent organically, while adjusted earnings per share rose 21.00 percent year over year to USD 1.89. Fortune reported that RTX also posted USD 2.90 billion of free cash flow and a USD 289.00 billion backlog in the quarter.

Management raised its full-year adjusted sales outlook to USD 95.00 billion-USD 96.00 billion from USD 92.50 billion-USD 93.50 billion. Adjusted earnings per share guidance moved to USD 7.10-USD 7.25 from USD 6.70-USD 6.90, giving the contract news a financial backdrop beyond defense demand alone.

RTX stock stays near its annual range

RTX stock was trading at EUR 163.13 at Lang & Schwarz on October 7, 2026 at 3:34 p.m. CEST, up 0.02 percent versus the prior close of EUR 163.10 on October 6, 2026. The primary-exchange range was USD 155.64 to USD 226.88 as of October 7, 2026, while market capitalization stood at USD 246.8 billion.

The next reported results are scheduled for October 20, 2026, with the third-quarter consensus at USD 1.77 earnings per share and USD 24.04 billion of revenue. The further course of trading is shown by the continuously updated real-time quote of RTX Corporation stock.