RTX Corporation (RTX)
A $268B Backlog and Two Converging Tailwinds Power the World’s Largest Aerospace & Defense Company
With commercial aftermarket revenues surging and Golden Dome missile defense spending on the horizon, RTX’s record backlog of 3x annual revenue underpins a multi-year earnings growth trajectory — but the stock’s 69% rally leaves limited room for error.
Executive Summary
RTX Corporation is the world’s largest aerospace and defense company by revenue ($88.6…
