RTX Targets $8.6B FCF, Record $289B Backlog, and 1,000+ Tomahawks
RTX sits 25% above its 52-week low of $155.64 on elevated volume (2.1× avg).
Summary
RTX's weekly recap reveals a record $289B backlog (up 22% y/y) and a 2026 free cash flow target of ~$8.6B, alongside ~$10.5B in R&D and capex. The company is boosting defense production, with Tomahawk output targeted above 1,000 missiles annually following the $22.9B Navy contract. Pratt & Whitney's GTF MRO output rose 30% YoY in H1, and Collins Aerospace margins are guided to 19-20%. Management priorities include debt reduction and dividends. The FAA's tariff note adds ~$100M in costs to the air-traffic-control program, a modest headwind. Jill Albertelli will take over as Pratt & Whitney president on Jan 1, 2027, succeeding Shane Eddy.
At the time of this announcement, RTX was trading at $194.20 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $261.5B. The 52-week trading range was $155.64 to $226.88. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.