RTX raises 2026 forecasts as record backlog hits $340 billion
RTX lifted its 2026 profit and revenue guidance as its backlog reached a record $340 billion, and third-quarter results beat analyst estimates, Reuters reported.
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what happened
RTX raised its full-year 2026 profit and revenue forecasts on Tuesday, Reuters reported. Steady demand for commercial aerospace services and military programs pushed the backlog to a record $340 billion and lifted third-quarter results.
The company now expects adjusted earnings per share of $7.65 to $7.75, up from $7.10 to $7.25. The sales forecast was raised to $97 billion to $97.5 billion from $95 billion to $96 billion. For the quarter ended September 30, adjusted profit reached $2.26 per share versus $1.70 a year earlier, while sales rose 11% to $24.97 billion. According to LSEG data, analysts had expected $1.78 per share and $24.08 billion. Shares rose about 3% before the bell.
why it matters
RTX's results matter for the whole aerospace and defense sector. Strong demand for engines, parts and defense systems suggests the industry remains resilient, supported by airline maintenance spending and military budgets amid heightened geopolitical tensions.
market impact
Aerospace and defense stocks: strong demand and higher guidance support RTX and sector peers
tags
instruments
sources
- RTX lifts 2026 forecasts as aerospace, defense demand drives record backlog — Reuters, 20 October 2026 at 10:55 UTC
- RTX lifts 2026 forecasts as aerospace, defense demand drives record backlog — Reuters, 20 October 2026 at 11:11 UTC
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