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.
The contract includes options that would lift the cumulative value to $3.3 billion if exercised.
Raytheon UK has introduced Red Kite, a sovereign precision weapon fully designed and digitally engineered in the United Kingdom.
Raytheon is ramping up production of its Coyote counter-UAS missile for the U.S. Army’s Low, Slow, Small, Unmanned Aircraft Integrated Defeat System program of record.
Raytheon is preparing to restart production of the ADM-160 MALD air-launched decoy as the United States and NATO allies seek larger stocks of systems able to draw fire from enemy air defences.
The Army’s NGSRI program is intended to field a short-range missile that can be launched from either a vehicle or a shoulder-fired system.
Omnia Training has been awarded a £2 billion contract by the UK Ministry of Defence to serve as the British Army’s Strategic Training Partner.
Germany has reached an agreement with the United States to buy Tomahawk medium-range cruise missiles and station them in Germany, Chancellor Friedrich Merz said on Thursday.
The award was announced at the NATO Summit Defence Industry Forum in Ankara.
Raytheon, an RTX business, is working with European companies, including Diehl Defence, to double Stinger missile production in response to growing global demand.
Raytheon, an RTX business, said it has taken an important step toward expanding global production capacity for the AMRAAM missile.
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