RTX secures USD 24.40 billion deal as RTX Corporation stock trades at EUR 163.83

Published on 10/02/2026 at 16:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SM-6 contract value is up to USD 24.40 billion on October 1, 2026. RTX Corporation stock costs EUR 163.83 on October 2, 2026 versus EUR 164.63.

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RTX Corporation (ISIN US75513E1010) secured a USD 24.40 billion SM-6 interceptor contract on October 1, 2026, while its stock was trading at EUR 163.83 at Lang & Schwarz on October 2, 2026 at 4:40 p.m. CEST. The five-year agreement, with two additional option years, gives Raytheon a major production commitment for the US Navy.

Contract strengthens Raytheon visibility

According to RTX on October 1, 2026, the contract covers Standard Missile-6 interceptors and is designed to increase production capacity. The company said the weapon supports both offensive missions and missile defense, linking the order directly to Raytheon's air and missile defense portfolio.

Reuters reported on October 1, 2026, that the award is part of a broader US effort to replenish missile inventories. For RTX, the value is less about one delivery milestone than about multi-year demand visibility for Raytheon's defense business.

Second-quarter growth raised guidance

In the second quarter of 2026, adjusted sales rose 14.00 percent year over year to USD 24.70 billion, adjusted earnings per share increased 21.00 percent to USD 1.89, and free cash flow reached USD 2.90 billion, according to Yahoo Finance in the July 23, 2026 earnings transcript.

The same transcript showed a record backlog of USD 289.00 billion, up 22.00 percent year over year. RTX raised its fiscal 2026 adjusted sales outlook to USD 95.00 billion to USD 96.00 billion from USD 92.50 billion to USD 93.50 billion, while adjusted earnings per share guidance moved to USD 7.10 to USD 7.25 from USD 6.70 to USD 6.90.

Analyst target remains above market

According to MarketBeat on September 23, 2026, Sanford C. Bernstein cut its price target to USD 223.00 from USD 232.00 and kept a market perform rating. The report also cited a Moderate Buy consensus and an average target of USD 228.06, although those targets are quoted in US dollars and are separate from the euro reference price.

Next results date is set

RTX said on September 29, 2026, that it will publish third-quarter 2026 results on October 20, 2026, before the US market opens. That report will give investors the next scheduled test of the raised outlook and the production momentum behind the new SM-6 contract.

RTX stock trades below prior close

RTX stock was trading at EUR 163.83 at Lang & Schwarz on October 2, 2026 at 4:40 p.m. CEST, down 0.49 percent versus the Lang & Schwarz prior close of EUR 164.63 on October 1, 2026. On the NYSE, the finance quote showed USD 184.76 at 10:52 a.m. ET on October 2, 2026, with a market capitalization of USD 249.0 billion and a 52-week range of USD 155.64 to USD 226.88.

The further course of trading is shown by the continuously updated real-time quote of RTX Corporation stock.