RTX · Earnings call · 2026Q3T · Full report

Defense Acquisition Reform

RTX Corp · 2026-10-20 · Importance 30 · Surprise 42

Management discussed proposed right-to-repair provisions in the 2027 National Defense Authorization Act and said the legislative process and 2027 budget remain unresolved. RTX supports customer sustainment needs but wants protections for intellectual property and the investments made by Pratt, Collins, and Raytheon. Management expects a balance between customer life-cycle ownership requirements and the company’s IP protections, but did not quantify a financial impact. The issue could affect defense sustainment arrangements across RTX’s U.S. defense portfolio if enacted in its current form.