RTX · RTX Corporation

RTX Corporation delivered a strong start to 2026 with first quarter results showing broad-based growth across all three business segments. The company reported 9% sales growth to $22.1 billion, with organic sales growth of 10%, indicating strong underlying business performance excluding currency and acquisition impacts. Adjusted EPS of $1.78 increased 21% year-over-year, driven by adjusted segment operating profit growth across Collins Aerospace, Pratt & Whitney, and Raytheon segments. Collins Aerospace sales grew 5% to $7.6 billion, with growth in commercial original equipment (15%), commercial aftermarket (7%), and defense (9%). Pratt & Whitney sales increased 11% to $8.2 billion, led by 19% growth in commercial aftermarket and 7% growth in military sales. Raytheon sales grew 10% to $6.9 billion, driven by higher volume on land and air defense systems including Patriot and GEM-T, as well as naval munitions programs. Management cited continued focus on execution and delivering the backlog as key drivers, with significant investments being made to increase output and accelerate fielding of new capabilities. Based on the first quarter performance and strength in the defense business, RTX raised its full-year 2026 outlook for both adjusted sales and adjusted EPS while confirming free cash flow guidance of $8.25-$8.75 billion. The company's backlog remains substantial at $271 billion, providing visibility into future revenue streams.