RTX Corporation (NYSE:RTX) has been on an impressive upward trajectory recently, with its stock price breaking above its previous all-time high of $106.02 set in April 2022. This breakout comes on the back of strong financial performance and positive market sentiment, pushing the stock to new heights.
RTX is set to provide depot-level repairs and other related services to support AIM-9X and AIM-9X Block II missile sustainment efforts.
RTX (RTX) reported earnings 30 days ago. What's next for the stock?
Inspections on its GTF jet engines are progressing as planned and helping de-risk the stock. Raytheon, its defense-focused business, might have turned the corner on margins.
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