Transportation
RTX Raises Profit Outlook on Growing Demand for Missiles
An RTX GhostEye air and missile defense radar system
Photographer: Matthieu Rondel/BloombergRTX Corp. raised its profit and sales forecasts for the year, highlighting how growing demand for military hardware is giving a boost to the aerospace and defense manufacturer.
Adjusted earnings will be $6.70 to $6.90 a share in 2026, up from no more than $6.80 under its previous outlook, the Arlington, Virginia-based company said in a statement Tuesday. The company also raised its adjusted sales forecast to as much as $93.5 billion.