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.
RTX posted second-quarter sales of $24.7 billion, up 14% from a year ago.
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.
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.
The company said the weapon will cost less than half as much as a PAC-3 MSE per unit.
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.
U.S. Army soldiers assigned to Delta Battery, 1st Battalion, 62nd Air Defense Artillery Regiment, conducted Patriot site establishment training on July 9, 2026.
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.
The award was announced at the NATO Summit Defence Industry Forum in Ankara.
"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."
Russian forces intensified strikes on Kyiv over the past week, carrying out two large combined air attacks within several days.
Zelenskyy said Europe urgently needs its own capacity to produce anti-ballistic systems and the missiles required for them.
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.
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