RTX Raises 2026 Guidance as Defense and Aerospace Demand Lifts Backlog to Record $340 Billion

RTX raised its full-year profit and revenue forecasts on Tuesday, citing sustained demand for commercial aerospace services and military programs that pushed its backlog to a record $340 billion and lifted third-quarter results. The maker of Pratt & Whitney engines and Raytheon missile systems now expects 2026 adjusted earnings per share of $7.65 to $7.75, up from a prior forecast of $7.10 to $7.25. It also raised its sales forecast range to $97 billion to $97.5 billion, from $95 billion to $96 billion. "Demand for our products remains robust with over $81 billion of new commercial and defense awards, resulting in a record backlog of $340 billion," CEO Chris Calio said. For the quarter ended September 30, adjusted profit rose to $2.26 per share from $1.70 a year earlier, while sales increased 11% to $24.97 billion. Collins Aerospace revenue rose 10%, Pratt & Whitney increased 10% on a 21% rise in commercial aftermarket sales, and Raytheon climbed 14% on higher naval and air defense volumes.