RTX Corp Reports Record Q4 Results
RTX Corp (formerly Raytheon Technologies) reported record Q4 results, driven by global demand in defense and aerospace. This underscores continued investment in propulsion, avionics, and advanced systems, with implications for hiring across engineering and manufacturing roles.
RTX's Q4 performance included $24.24 billion in sales and an adjusted EPS of $1.55, exceeding estimates. This was driven by a 25% organic growth at Pratt & Whitney, whose sales reached $9.5 billion, fueled by F135 military engines and commercial aftermarket services. The company's strategic pivot followed a two-year "powder metal" crisis affecting Pratt & Whitney engines. RTX's record $268 billion backlog is composed of $161 billion in commercial orders and $107 billion in defense awards. CEO Chris Calio highlighted major defense awards, including $1.2 billion to supply Spain with Patriot air and missile defense systems and another $1.2 billion for Tamir missile production. Raytheon's international backlog mix now stands at 47%. Looking ahead to 2026, RTX projects sales between $92 billion and $93 billion, with EPS between $6.60 and $6.80. The company is investing heavily in production capacity, including a $200 million expansion in Columbus, GA, to increase engine component output by 30%. RTX is also investing $139 million in Singapore to expand aerospace manufacturing, MRO, and engineering capabilities. RTX is partnering with the U.S. Department of War to increase production of Tomahawk, AMRAAM, and Standard Missiles. Production will ramp up at Raytheon facilities in Tucson, AZ, Huntsville, AL, and Andover, MA. Specifically, annual Tomahawk production will exceed 1,000, AMRAAMs will reach at least 1,900, and SM-6 will surpass 500.
