RTX Corp (NYSE: RTX)

RTX Corporation is an aerospace and defense company that provides advanced systems and services for commercial military and government customers worldwide. The company serves both original equipment and aftermarket markets in the aerospace industry and acts as a prime contractor or subcontractor on defense programs for military and government clients.

The company generates revenue by designing manufacturing and servicing aircraft engines avionics systems interiors and defense equipment. It sells products and provides aftermarket support including spare parts maintenance repair overhaul and technical services to aircraft manufacturers airlines airports and defense contractors.

The company operates through the following segments: Collins Aerospace Pratt & Whitney and Raytheon.

• Collins Aerospace provides aftermarket services for civil and military aircraft manufacturers commercial airlines and regional business and general aviation as well as for defense and commercial space operations. Its offerings include spare parts overhaul and repair engineering and technical support training and fleet management asset management and information management services. Collins designs manufactures and supplies electric power generation management and distribution systems environmental control systems flight control systems air data and aircraft sensing systems engine control systems engine components engine nacelle systems including thrust reversers and mounting pylons interior and exterior aircraft lighting aircraft cargo systems evacuation systems landing systems including landing gear wheels and braking systems communication navigation surveillance systems fire and ice detection and protection systems integrated avionics and propeller systems. It also designs manufactures and supports complete cabin interiors including seating oxygen systems food and beverage preparation storage and galley systems lavatory and wastewater management systems. Collins solutions support human space exploration with environmental control and power systems and extravehicular activity suits. The company provides connected aviation solutions and services through worldwide voice and data communication networks airport systems and integrations and air traffic management solutions. Collins supports government and defense customer missions by providing systems solutions for connected battlespace test and training range systems crew escape systems and simulation and training. Collins sells aerospace and defense products and services to aircraft manufacturers airlines airports and other aircraft operators the U S and foreign governments defense contractors maintenance repair and overhaul providers and independent distributors around the world.

• Pratt & Whitney designs manufactures and services large engines for widebody narrowbody and large regional aircraft for commercial customers and for fighter bomber tanker and transport aircraft for military customers. It also designs manufactures and services small engines powering regional airlines general and business aviation and helicopters. The company produces sells and services military and commercial auxiliary power units. Pratt & Whitney provides fleet management services and aftermarket maintenance repair and overhaul services in all of these product segments. Its products and services are sold principally to aircraft manufacturers airlines and other aircraft operators aircraft leasing companies and the U S and foreign governments. Pratt & Whitney produces and services the PW1000G Geared Turbofan engine family. GTF engine models have demonstrated a significant reduction in fuel burn and noise levels and lower environmental emissions compared to prior generation engines. The GTF aftermarket network expanded to 21 facilities worldwide increasing shop visit output for the PW1100GJM model by approximately 26 percent year over year in 2025. The GTF family now powers more than 2600 aircraft for over 90 operators across three aircraft platforms Airbus A320neo family Airbus A220 and Embraer E Jets E2. In 2025 the GTF Advantage engine received FAA and European Union Safety Agency certification for the Airbus A320 neo family and is expected to extend the benefits of the current GTF engine increasing takeoff thrust by 4 to 8 percent and reducing fuel consumption by up to an additional 1 percent maintaining the engine’s lead as the most efficient powerplant for the A320neo family. Pratt & Whitney produces and sustains the F135 engine for the U S government’s F 35 Joint Program Office to exclusively power the single engine F 35 Lightning II fifth aircraft produced by Lockheed Martin. F135 propulsion system configurations are used for the U S Air Force’s F 35A the U S Marine Corps’ F 35B and the U S Navy’s F 35C jets. F135 engines are also used on all F 35 aircraft purchased by Joint Strike Fighter partner countries and other countries through foreign military sales arrangements. In 2025 Pratt & Whitney’s F135 engine surpassed one million engine flight hours and the company was awarded a 2 8 billion undefinitized contract action for production of Lot 18 and Lot 19 long lead funding for the F135 engines to power all three variants of the F 35 Lightning II aircraft. Additionally Pratt & Whitney continued design maturation and aircraft integration efforts for the F135 Engine Core Upgrade. Significant activity continued on Pratt & Whitney’s military engine development programs including the Next Generation Adaptive Propulsion program. In early 2025 Pratt & Whitney completed the Detailed Design Review of its XA103 engine for the U S Air Force’s Next Generation Adaptive Propulsion allowing it to begin procurement of hardware for the construction of the prototype ground demonstrator. Meanwhile the B 21 Raider which is powered by Pratt & Whitney engines continued to progress its flight test program. In 2025 Pratt & Whitney Canada was selected by the European Union's Clean Aviation to lead the PHARES project marking the first time a Canadian company will participate in and lead a Clean Aviation program. As part of the PHARES consortium Pratt & Whitney Canada will collaborate with Collins ATR Airbus and technology research organizations to design and integrate a hybrid electric propulsion demonstrator targeting up to 20 percent improved fuel efficiency on regional aircraft missions. Finally in 2025 Pratt & Whitney Canada’s PT6 engine family surpassed 500 000 engine flight hours since entering service.

• Raytheon is a leading provider of defensive and offensive threat detection tracking and mitigation capabilities for U S and foreign government and commercial customers. Raytheon designs develops and provides advanced capabilities in integrated air and missile defense smart weapons missiles advanced sensors and radars interceptors space based systems hypersonics and missile defense across land air sea and space. Raytheon provides air to air and air to ground sensors command and control and weapons including the Advanced Medium Range Air to Air Missile AMRAAM StormBreaker smart weapon Long Range Stand Off Weapon LRSO and the Early Warning Radar. Raytheon also provides advanced naval sensors command and control and weapons including classified naval radars the Next Generation Jammer shipboard missiles including the Tomahawk and Standard Missile 6 SM 6 air to air missiles such as the AIM 9X SIDEWINDER missile and integrated systems such as the SPY 6 radar. In addition Raytheon provides advanced systems and products that span layered land and integrated air and missile defense including the Patriot air and missile defense system the Lower Tier Air and Missile Defense Sensor LTAMDS the National Advanced Surface to Air Missile System NASAMS Javelin Excalibur Stinger and High Energy Lasers. Raytheon also provides technologically advanced sensors satellites and interceptors including the AN TPY 2 radar and Standard Missile 3 SM 3. Raytheon delivers integrated space solutions including sensors mission orchestration satellite control and software. Raytheon also focuses on the development and early introduction of next generation technologies and systems including hypersonics counter hypersonics next generation radars sensor experimentation and electro optical infrared advancements and aligns products that use shared technologies including fire control radars surveillance radars electro optical infrared space qualified satellite components and electronics. Raytheon serves as a prime contractor or major subcontractor on numerous programs with the U S Department of War formerly referred to as the U S Department of Defense including the U S Navy U S Army Missile Defense Agency U S Air Force and U S Space Force as well as programs with U S federal civil customers and other international and classified customers. In 2025 Raytheon achieved key advancements in or received contract awards for the following programs Patriot LTAMDS SM 3 AIM 9X AMRAAM Tomahawk and certain advanced technologies including classified programs and advanced development programs. Major new contracts awarded in 2025 include contracts to provide AMRAAM missiles to the U S Navy U S Air Force and international customers Guidance Enhanced Missiles GEM T for the North Atlantic Treaty Organization Support and Procurement Agency NSPA and an international customer low rate initial production of LTAMDS for the U S Army and Poland Iron Dome Tamir production for an international customer AIM 9X Sidewinder short range air to air missiles for the U S Navy U S Air Force and international customers SM 3 exoatmospheric missile defense interceptors to the Missile Defense Agency AN SPY 6 radars for the U S Navy NASAMS to an international customer Stinger missiles to the U S Army and an international customer Next Generation Jammer Mid Band N G J M B for the U S Navy and the Royal Australian Air Force and Javelin guided munition for the U S Army and international customers. In 2025 Raytheon also continued to experience increased global demand for the combat proven Coyote system a low cost expendable unmanned aircraft system with the capability of operating in autonomous swarms.

RTX Corporation ranks among the top global aerospace and defense firms alongside Boeing Lockheed Martin Northrop Grumman and General Dynamics. Its competitive advantages stem from a broad technology portfolio integrated capabilities across propulsion avionics and defense systems and a strong aftermarket business.

The company serves aircraft manufacturers airlines airports leasing companies and the U S and foreign governments. Specific customers include Boeing Airbus Lockheed Martin and various airlines and defense agencies around the world.