RTX’s Booming Defense Segment Lifts All Ships – Leeham News

RTX’s Booming Defense Segment Lifts All Ships  Leeham News

By Karl Sinclair • Contributing Writer October 21, 2026 In the third quarter of 2026, RTX received over $59 billion of new awards, including some $37 In the third quarter of 2026, RTX received over $59 billion of new awards, including some $37 billion on the Tomahawk and AMRAAM, along with the SM6 and SM3-1B programs. This boosted the RTX backlog to $340 billion. “We are very pleased with our collaboration with the Department of War on these contracts,” said CEO Chris Calio. “They will be a significant revenue driver for Raytheon over the next decade.” P&W’s geared turbofan engines are commercial unit’s lynchpin product. Photo credit: Pratt & Whitney On the commercial side, Pratt & Whitney picked up $22 billion of new orders during the quarter, with orders topping 800 new engines since the start of the year, pushing the backlog to over 8,000 powerplants.

Collins Aerospace, the third division at RTX, increased orders by 20%, year-over-year. This translated into consolidated revenues of $25 billion in the third quarter, up from $22.5 billion for the same period last year. Year-to-date revenues leapt to $71.7 billion, up from $64.4 billion, a year ago, a gain of $7.3 billion. Adjusted earnings at the company grew by $1 billion for the quarter and $1.9 billion for the year. Collins led the way