Simply Wall St.1d agobearish
RTX Backlog And Missile Defense Role Raise Longer Term Investor QuestionsRTX reported a record $271b backlog, described as up 25% year over year, alongside higher production across Pratt & Whitney, Raytheon and munitions lines. Raytheon-built interceptors were reportedly used in live U.S. Navy operations in the Strait of Hormuz, highlighting RTX’s role in active missile defense. RTX leadership engaged with Ursa Major to support solid rocket motor supply as the U.S. focuses on replenishing munitions stockpiles. NYSE:RTX trades around $172.87, with the stock up...
