RTX wins radar deal as RTX Corporation stock draws 26 ratings

Published on 10/01/2026 at 12:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Radar work is valued at USD 511.50 million through November 2031. RTX Corporation stock costs EUR 164.78 on October 1, 2026, versus EUR 164.58.

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RTX Corporation (ISIN US75513E1010) was trading at EUR 164.78 at Lang & Schwarz on October 1, 2026 at 12:00 p.m. CEST, up 0.12 percent versus the EUR 164.58 prior close. On September 30, RTX won a USD 511.50 million U.S. Navy contract modification for AN/SPY-6(V) radar hardware and spares, with work scheduled through November 2031 if all options are exercised, according to Seeking Alpha. MarketBeat lists 26 RTX analyst ratings, including 18 Buy, 7 Hold and 1 Sell ratings.

Radar contract extends defense demand

The award adds a concrete production program to RTX's defense order book. Its AN/SPY-6(V) radar hardware is tied to the U.S. Navy, while the contract duration through November 2031 gives the program a longer delivery horizon than a single-period award.

The contract follows a strong second quarter of 2026 for Raytheon, RTX's defense business. The unit generated USD 8.30 billion of sales, up 18.00 percent year over year, and reported USD 1.00 billion of adjusted operating profit, up 29.00 percent, according to the company's earnings call transcript published by Yahoo Finance on July 23, 2026.

Guidance rose after second-quarter growth

Across RTX, adjusted sales reached USD 24.70 billion in the second quarter of 2026, up 14.00 percent on an adjusted basis and 16.00 percent organically year over year. Adjusted earnings per share was USD 1.89, up 21.00 percent from the second quarter of 2025.

Management raised full-year 2026 adjusted sales guidance to USD 95.00 billion-USD 96.00 billion from USD 92.50 billion-USD 93.50 billion. Adjusted earnings per share guidance also increased to USD 7.10-USD 7.25 from USD 6.70-USD 6.90, while backlog reached USD 289.00 billion, up 22.00 percent year over year, according to Yahoo Finance.

Stock remains below its yearly high

RTX's latest U.S. market capitalization was USD 250.2 billion as of September 30, 2026. The primary-market 52-week range was USD 155.64 to USD 226.88 on that date, leaving the Lang & Schwarz euro quotation as a separate German-market reference rather than a replacement for the NYSE quotation.

RTX trading stays near prior close

RTX stock was trading at EUR 164.78 at Lang & Schwarz on October 1, 2026 at 12:00 p.m. CEST, up 0.12 percent versus the Lang & Schwarz prior close of EUR 164.58 on September 30, 2026. The further course of trading is shown by the continuously updated real-time quote of RTX Corporation stock.