RTX Awarded $335.11M Contract Modification
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 30 2026
0mins
Should l Buy RTX?
RTX was awarded a $335.11M firm-fixed-price modification to a previously awarded contract to exercise options and provide funding for the manufacturing, assembly, test, and delivery of Standard Missile-6 Tactical All-Up Rounds. Work is expected to be completed by May 30, 2030. Naval Sea Systems Command is the contracting activity.
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Analyst Views on RTX
Wall Street analysts forecast RTX stock price to rise
14 Analyst Rating
9 Buy
5 Hold
0 Sell
Moderate Buy
Current: 176.090
Low
168.00
Averages
195.77
High
215.00
Current: 176.090
Low
168.00
Averages
195.77
High
215.00
About RTX
RTX Corporation is an aerospace and defense company, which provides advanced systems and services for commercial, military, and government customers worldwide. The Company operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. Collins Aerospace segment provides technologically advanced aerospace and defense products and aftermarket service solutions for civil and military aircraft manufacturers, commercial airlines, and regional, business and general aviation, as well as for defense and commercial space operations. The Pratt & Whitney segment supplies aircraft engines for commercial, military, business jet, and general aviation customers. The Raytheon segment provides defensive and offensive threat detection, tracking and mitigation capabilities for the United States and foreign government and commercial customers. The Raytheon designs, develops, and provides advanced capabilities in integrated air and missile defense, smart weapons, missiles and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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See More
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See More
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- Backlog Expansion: The company's backlog grew by 20% to $2.2 billion, which not only secures future revenue but also indicates sustained attractiveness and customer trust in the aerospace market.
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See More
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- Supply Dynamics: With Spirit's bankruptcy, more A320neo planes are expected to enter the market; however, these engines will not be available immediately, which will provide airlines with more options and improve overall supply chain conditions in the long run.
- Accelerated Liquidation: Spirit Airlines has received permission from a U.S. bankruptcy court to expedite its liquidation plan, including the rapid sale of aircraft, with its fleet totaling 114 Airbus A320 family aircraft, of which 66 are leased, highlighting market interest in aviation assets.
See More
