RTX · 10-Q · 2026Q2 · Full report
Order Backlog and Book-to-Bill
RTX Corp · 2026-07-23 · Importance 61 · Surprise 32 · From source text
Total backlog increased to $289 billion as of June 30, 2026 from $268 billion at December 31, 2025, a $21 billion increase. Commercial backlog rose to $170 billion from $161 billion, while defense backlog increased to $119 billion from $107 billion. Defense bookings increased to approximately $23 billion in the second quarter and $37 billion for the first six months, compared with $12 billion and $21 billion in the respective 2025 periods. Raytheon accounted for $20 billion of second-quarter defense bookings, including $3.7 billion for Patriot GEM-T interceptors for Ukraine, $1.1 billion for AIM-9X, $1.1 billion for AMRAAM, and $988 million for Patriot GEM-T interceptors for Poland.
Key facts
- Raytheon backlog was $86 billion as of June 30, 2026 and $75 billion as of December 31, 2025. source
- Total backlog was $289 billion as of June 30, 2026 and $268 billion as of December 31, 2025; commercial backlog was $170 billion and $161 billion and defense backlog was $119 billion and $107 billion as of those dates, respectively. source
- Total net EAC adjustments were $(66) million for the quarter ended June 30, 2026 and $(117) million for the quarter ended June 30, 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | probable | +42.5% | Total backlog was $289 billion as of June 30, 2026 and $268 billion as of December 31, 2025; commercial backlog was $170 billion and $161… |