$RTX

Williams Dantaya M (EVP & Chief HR Officer) sold 9,071 shares of RTX Corp (RTX) at $201.70 ($1.83M total) on 2026-10-30.

Williams Dantaya M (EVP & Chief HR Officer) sold (to issuer) 7,929 shares of RTX Corp (RTX) at $201.62 ($1.60M total) on 2026-10-30.

Raytheon, a business of RTX (NYSE:RTX), secured a phase one contract from DARPA to develop an all-optical processing system under the PICASSO program. The system aims to improve threat detection and response times by processing signals using light instead of electricity. RTX reported 2025 sales of over $88 billion and employs 180,000 people globally.

RTX received an $8 billion contract from the Air Force Nuclear Weapons Center for modernization and production of Strategic Communications Terminals. The contract, awarded in October, runs through 2036 and includes developmental, production, and technical study services. Work will be performed in Marlborough, Mass., and Largo, Fla.

RTX's board has expanded its share buy-back program, allowing up to DKK 40 million in repurchases from September 2025 to September 2027. The company has already repurchased 257,499 shares at an average price of DKK 100.25, with 549,525 shares held in treasury, representing 6.62% of its capital.

State Street Industrial Select Sector SPDR ETF (XLI) added $178.6 million across all 83 positions on Thursday, with no positions trimmed. Top buys included GE ($10.7 million), CAT ($9.8 million), and RTX ($8.9 million). XLI holds 83 stocks, with 93.1% in industrials, and has a P/E of 28.07 and a dividend yield of 1.09%.

India and the Javelin Joint Venture (Lockheed Martin, Raytheon) are negotiating technology transfer for local production of Javelin ATGMs. India seeks guidance electronics transfer, while the US is considering it. A deal requires substantial Indian Army orders. Meanwhile, India's DRDO is developing the MPATGM, a rival system, and Bharat Dynamics offers the Amogha-III ATGM.

RTX reported Q3 2026 adjusted EPS of $2.26, beating estimates, and raised full-year guidance, but stock barely moved. The beat included a $0.25 one-time tariff refund. Free cash flow fell 47% YoY. RTX's backlog reached a record $340 billion, split between commercial and defense. The stock trades 12% below its 52-week high, at 26x forward earnings. Investors question how quickly the backlog will convert to cash. RTX's Q3 sales were $25.0 billion, up 11% YoY.

Raytheon's critical munitions output rose over 90% year-over-year, with material receipts up double-digits. The company plans to expand production for four missile programs, backed by $70 billion in multiyear contracts. RTX is addressing supply constraints and expects full-rate production by 2030. Q3 sales grew 14% to $8 billion, and the full-year sales forecast was raised to low teens.

The U.S. Golden Dome Initiative, a $185B missile defense program, involves Lockheed Martin (LMT), RTX (RTX), and Northrop Grumman (NOC). The program aims to protect the U.S. from aerial attacks using satellites and interceptors. Each company contributes unique technologies and has secured significant contracts, with potential long-term revenue streams.