RTX has raised its 2026 revenue and profit forecasts after strong demand for commercial aerospace services and military equipment lifted third-quarter earnings and pushed its order backlog to a record $340 billion.
The US aerospace and defence group, which owns Pratt & Whitney and Raytheon, reported third-quarter sales of $24.97 billion for the period ended September 30, up 11 per cent from a year earlier. Adjusted earnings rose 33 per cent to $2.26 per share, beating analysts’ average estimate of $1.78.
RTX now expects adjusted earnings of $7.65 to $7.75 per share for 2026, compared with its previous forecast of $7.10 to $7.25. It also raised its annual sales outlook to between $97 billion and $97.5 billion, from $95 billion to $96 billion.
Chief Executive Officer Chris Calio said the company secured more than $81 billion in new commercial and defence orders during the quarter, taking its total backlog to a record level.
All three business segments recorded higher revenue. Collins Aerospace sales increased 10 per cent, supported by stronger commercial aircraft equipment demand, while Pratt & Whitney revenue also rose 10 per cent. Raytheon recorded 14 per cent growth, driven by naval programmes and demand for air and land defence systems.
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The results reflect sustained airline spending on maintenance and continued military investment as governments respond to heightened geopolitical tensions.
RTX also raised its 2026 free cash flow forecast to between $9 billion and $9.2 billion.
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