RTX (RTX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
RTX remains a top-tier aerospace and defense company, benefiting from strong government contracts, technological innovation, and robust operational performance. Recent contract wins and technological milestones reinforce RTX's strategic positioning, while Q1 2025 results show solid growth in sales, margins, and free cash flow. Despite excellent fundamentals, RTX trades at premium valuation multiples, limiting upside unless earnings or guidance are meaningfully revised upward.
RTX is set to benefit from surging demand in both commercial aerospace and defense, especially as European defense budgets rise rapidly. The company has successfully navigated past its GTF powder metal issues, with key clients like Airbus signaling supply chain stability and improved MRO performance. RTX's Pratt & Whitney and Raytheon units are delivering strong double-digit growth, supported by robust backlogs and new European partnerships.
Contract represents the latest milestone in the companies' longstanding partnership TUCSON, Ariz. , June 24, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has been awarded a $250 million contract from Japan's Mitsubishi Electric Corporation (MELCO) for ESSM Block 2 licensed production.
RTX rides high on booming demand for jet engines, with strong orders and defense deals fueling Pratt & Whitney's growth.
Raytheon's $300M ESSM Block II contract win boosts RTX's missile portfolio amid surging global defense demand.
RTX (RTX) concluded the recent trading session at $145.87, signifying a -1.76% move from its prior day's close.
The latest trading day saw RTX (RTX) settling at $148.48, representing a +1.38% change from its previous close.
The latest developments in the Middle East understandably have many investors on edge. Defense stocks are a good way to smooth out any related volatility.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Raytheon's $18.3M SM-6 missile contract boosts RTX as rising global threats fuel missile defense demand.
Announcement brings order total to 453 GTF-powered aircraft PARIS , June 17, 2025 /PRNewswire/ -- PARIS AIR SHOW -- Wizz Air (LSE: WZZ.L), Pratt & Whitney, an RTX (NYSE: RTX) business, announced today that Wizz Air has selected the Pratt & Whitney PW1100G-JM geared turbofan (GTF) engine to power its 177 firm Airbus A321neo aircraft, following prior shareholder approval of the aircraft purchase. Wizz Air previously selected Pratt & Whitney's GTF engine to power 276 Airbus A320neo, A321neo and A321XLR aircraft in both 2016 and 2020.