Raytheon’s international orders reached 2.5 times their year-earlier level in the first nine months of 2026, RTX Chairman and CEO Chris Calio said, citing strong demand across its main overseas markets. The business booked $9 billion in international orders during the third quarter, with more expected before year-end.
Calio told investors on RTX’s October 20 earnings call that demand remained strong across Europe, the Middle East and North Africa, and Asia-Pacific. Chief Financial Officer Neil Mitchill said international customers accounted for 37% of Raytheon’s $130 billion backlog.
“Our international bookings at Raytheon are up 2.5x year-to-date on a year-over-year basis,” Calio said. “So the demand internationally continues to be exceptionally robust.”
The overseas share of Raytheon’s backlog rises to 52% when the Tomahawk and AMRAAM contracts added during the quarter are excluded, Mitchill said. RTX booked approximately $23 billion for Tomahawk and more than $14 billion for AMRAAM after converting framework agreements into multiyear production contracts.
“We booked $9 billion worth of international orders at Raytheon during the third quarter,” Mitchill said. “A little overshadowed by the size of Tomahawk and AMRAAM, but still really, really strong bookings, and we expect some more here in the fourth quarter.”
Calio said defense budgets were expected to grow across Europe, Asia-Pacific, and the Middle East and North Africa in 2027. He singled out Germany, Poland and Japan among countries planning significant spending.
RTX works with local companies and suppliers across those regions to support production of systems including Patriot, GEM-T, Standard Missile and Coyote, alongside military engines. Calio said more than 130 suppliers supported the company’s production work in Europe.
Raytheon’s major third-quarter awards included $3.1 billion to provide training systems for the British Army, Vice President of Investor Relations Nathan Ware said. Total bookings reached $52.3 billion, equivalent to 6.54 times quarterly sales.
Sales rose 14% to $8 billion, driven by higher volumes across naval programs and land and air defense systems, including Patriot, Standard Missile and Tomahawk. Adjusted operating profit increased by $275 million to $1.1 billion, reflecting improved productivity, higher volumes and a favorable program mix.
RTX raised Raytheon’s full-year sales growth forecast to the low teens from its previous range of high single digits to low double digits. It also raised the expected annual increase in operating profit to $800 million–$850 million from $575 million–$650 million.
