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RTX raises 2026 outlook as defense backlog reaches $119 billion and Raytheon sales climb on Patriot, AMRAAM programs

RTX raises 2026 outlook as defense backlog reaches $119 billion and Raytheon sales climb on Patriot, AMRAAM programs

RTX posted second-quarter sales of $24.7 billion, up 14% from a year ago.

July 24, 2026
Ukraine says Raytheon talks covered possible joint production of Patriot interceptors and missile licensing

Ukraine says Raytheon talks covered possible joint production of Patriot interceptors and missile licensing

The statement followed a meeting with a Raytheon team led by Vice President Joseph DeAntona and comes as Ukraine seeks more reliable access to missiles for its Patriot systems.

July 23, 2026
Ukraine says PURL supplies about 95% of Patriot interceptors as allies fund $6.7 billion in U.S.-made weapons for its forces

Ukraine says PURL supplies about 95% of Patriot interceptors as allies fund $6.7 billion in U.S.-made weapons for its forces

Ukraine’s Ministry of Defense said the Prioritized Ukraine Requirements List has become a central mechanism for delivering critical U.S.-made weapons and defense equipment.

July 23, 2026
Lockheed Martin introduces PAC-3 ACE, a high-performance, lower-cost interceptor for the Patriot air defense system

Lockheed Martin introduces PAC-3 ACE, a high-performance, lower-cost interceptor for the Patriot air defense system

The company said the weapon will cost less than half as much as a PAC-3 MSE per unit.

July 20, 2026
Ukraine targets Patriot missile production capability by late 2026, with initial work likely to begin in safer European sites

Ukraine targets Patriot missile production capability by late 2026, with initial work likely to begin in safer European sites

Ukraine expects to have the technical capability to produce missiles for the U.S.-made Patriot air defence system by the end of 2026, President Volodymyr Zelenskyy said.

July 17, 2026
U.S. Army Patriot battery practices rapid site establishment to strengthen field readiness for air and missile defense missions

U.S. Army Patriot battery practices rapid site establishment to strengthen field readiness for air and missile defense missions

U.S. Army soldiers assigned to Delta Battery, 1st Battalion, 62nd Air Defense Artillery Regiment, conducted Patriot site establishment training on July 9, 2026.

July 11, 2026
Ukraine says NATO summit brings more than $300 million for Patriot missiles, drone deals and expanded defence industry cooperation

Ukraine says NATO summit brings more than $300 million for Patriot missiles, drone deals and expanded defence industry cooperation

Ukraine said agreements reached at the 36th NATO Summit in Ankara will strengthen its air defence, expand joint defence production and mobilise additional financing for defence projects.

July 10, 2026
Raytheon to supply Patriot GEM-T missiles to Poland under NSPA contract to strengthen NATO air defence

Raytheon to supply Patriot GEM-T missiles to Poland under NSPA contract to strengthen NATO air defence

The award was announced at the NATO Summit Defence Industry Forum in Ankara.

July 9, 2026
Trump says Ukraine will get licence to produce Patriot interceptor missiles as Kyiv faces growing Russian ballistic strikes

Trump says Ukraine will get licence to produce Patriot interceptor missiles as Kyiv faces growing Russian ballistic strikes

"We are gonna give you a licence to make Patriots," Trump told Zelensky. "I think they can produce them very quickly once we explain it."

July 8, 2026
Russian forces intensify missile and drone strikes on Kyiv as Ukraine cites Patriot interceptor shortage against ballistic missiles

Russian forces intensify missile and drone strikes on Kyiv as Ukraine cites Patriot interceptor shortage against ballistic missiles

Russian forces intensified strikes on Kyiv over the past week, carrying out two large combined air attacks within several days.

July 8, 2026
Zelenskyy urges Patriot production licenses and European anti-ballistic missile capability at NATO Defense Industry Forum in Ankara

Zelenskyy urges Patriot production licenses and European anti-ballistic missile capability at NATO Defense Industry Forum in Ankara

Zelenskyy said Europe urgently needs its own capacity to produce anti-ballistic systems and the missiles required for them.

July 7, 2026
Lockheed Martin and NATO allies advance European PAC-3 missile maintenance facility to strengthen air and missile defense readiness

Lockheed Martin and NATO allies advance European PAC-3 missile maintenance facility to strengthen air and missile defense readiness

Lockheed Martin said it welcomed a commitment by the United States, Germany, the Netherlands, Poland and Sweden to explore a dedicated PAC-3 Missile Maintenance Facility in Europe.

July 7, 2026
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