Rtx raises profit and revenue outlook on strong weapons demand

Tuesday 21 April 2026 - 12:45

Defense company RTX has raised its profit and revenue forecasts for 2026, citing strong global demand for weapons systems and sustained growth in its aerospace and defense businesses.

The company said increased geopolitical tensions have driven higher orders for missile systems and other military equipment. RTX also highlighted continued demand from the United States Department of Defense, which is working to rebuild its weapons stockpiles after years of heavy military support to conflicts in Ukraine and the Middle East.

Since the start of the Russia-Ukraine war in 2022 and ongoing operations in Gaza, the United States has significantly reduced parts of its military inventory, including artillery, ammunition, and missile systems. This has created increased opportunities for defense contractors, who are benefiting from efforts to replenish stockpiles.

RTX recently secured a major contract to supply Patriot GEM-T interceptor missiles to Ukraine, valued at approximately $3.7 billion, reinforcing its position in the global air defense market.

The company’s Raytheon division, which produces air defense systems, sensors, and radar technologies, reported strong quarterly performance, with sales increasing by around 10% to nearly $7 billion.

Meanwhile, RTX also benefited from growth in its Pratt & Whitney division, where commercial aftermarket services rose significantly due to airlines extending the use of older aircraft amid delivery delays and supply chain disruptions.

Overall, RTX continues to profit from sustained demand in both defense and commercial aerospace sectors, driven by global security concerns and operational pressures in the aviation industry.