RTX · News · 20260807N

Defense Backlog Expansion

RTX Corp · 2026-08-07 · Importance 43 · Surprise 24 · In source text

RTX’s Raytheon business completed installation of the first SPY-6(V)4 radar array for a major naval modernization program. RTX was reported to have a record backlog of $289 billion, supporting visibility into future defense revenue. The SPY-6(V)4 program is not expected to contribute materially to revenue until mid-2028, making near-term financial impact limited.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuepositivecommittedRTX reported a record backlog of $289 billion.