The case for RTX is built on its massive $268 billion backlog and its unique diversification across commercial and military markets. RTX maintains a diversified revenue structure with 59% commercial and 41% defense exposure, providing resilience against market fluctuations.
Cyborg Score Rationale
The company has proven its resilience, successfully navigating a major engine recall while simultaneously booking record orders for its defense systems. RTX anticipates 2026 adjusted sales between $92 billion and $93 billion, with 5% to 6% organic growth, an EPS range of $6.60 to $6.80, and free cash flow of $8.25 billion to $8.75 billion.
Top Insights
Free cash flow reached $7.9 billion in 2025, a massive leap from the $4.5 billion reported in 2024
Commercial and defense segments are fueling a robust aerospace and defense supercycle
Collins Aerospace secured a $438 million FAA contract to modernize the U.S. National Airspace System with next-generation radar systems
The powder metal defect undermines Pratt & Whitney's reputation and creates financial overhang, with some airlines retiring young A320neo aircraft prematurely due to engine concerns
Named Competitors
GE Aerospace — Commercial aircraft engine and aerospace systems
Lockheed Martin — Defense contractor and aerospace systems
Boeing — Commercial and defense aerospace manufacturer
Recent Developments
(February 2026) Strong Q4 2025 results with 12% sales growth and record backlog of $268 billion
(January 2026) Collins Aerospace secured $438 million FAA modernization contract
(January 2026) Raytheon received $1B Army contract modification for LTAMDS production