RTX Corporation (RTX)

The company now

RTX, the maker of Pratt & Whitney jet engines, Collins Aerospace aircraft systems and Raytheon missiles, reported third-quarter 2026 sales of $25 billion on 20 October, up 11 percent 1. Net income rose to $2,583 million from $1,918 million a year earlier 1. Its backlog, the value of firm orders not yet delivered, reached a record $340 billion: $176 billion commercial and $164 billion defense 1.

Raytheon's sales rose 14 percent on higher volume of Patriot, Standard Missile and Tomahawk 1. Pratt & Whitney's commercial aftermarket, the spare parts and repairs for engines already flying, rose 21 percent 1. About $0.4 billion of the profit gain came from refunds of tariffs that the Supreme Court ruled unauthorized in February 2026 12.

Pratt & Whitney's profit carried a $363 million charge for a customer's bankruptcy, a customer the release does not name 1. Chairman and chief executive Chris Calio said "Demand for our products remains robust with over $81 billion of new commercial and defense awards" 1. The open question is funding: four new missile contracts are worth up to about $74 billion together, and Congress funds them one fiscal year at a time (computed) 2.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.