RTX raised its full-year outlook after second-quarter sales rose 14 percent and its backlog reached $289bn
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$289 billion. That is the order backlog RTX reported on Thursday, up 22 percent from a year earlier and split between $170bn of commercial work and $119bn of defense.
Second-quarter sales were $24.7bn, up 14 percent, and up 16 percent on an organic basis. GAAP earnings were $1.57 a share. Adjusted earnings of $1.89 rose 21 percent. Operating cash flow was $3.5bn and free cash flow was $2.9bn.
The company raised its full-year 2026 guidance across the measures it steers by. It now expects adjusted sales of $95.0bn to $96.0bn, up from $92.5bn to $93.5bn, organic sales growth of 8 to 9 percent, up from 5 to 6 percent, and adjusted earnings of $7.10 to $7.25 a share, up from $6.70 to $6.90. Free cash flow guidance moved to a range of $8.50bn to $8.75bn.
RTX also said it agreed to sell Raytheon's Blue Canyon Technologies business for $620m. Chairman and CEO Chris Calio pointed to double-digit growth in commercial aftermarket and defense, and to a backlog up 22 percent year over year.

