RTX Corp shares up 1.4% after Trump announces fresh wave of missiles and other weaponry for Ukraine

RTX Corp shares up 1.4% after Trump announces fresh wave of missiles and other weaponry for Ukraine

Raytheon Technologies (RTX) Corp saw its shares climb 1.4% on July 2, 2025, following President Donald Trump's announcement of a fresh wave of missiles and other weaponry for Ukraine. The stock surge came as part of a broader geopolitical shift driven by the escalating conflict in Ukraine.

The announcement, made in conjunction with NATO Secretary General Mark Rutte, indicated that the U.S. would supply a significant number of weapons to Ukraine, including Patriot missiles. This move was aimed at bolstering Ukraine's defense capabilities against Russia's ongoing aggression. The deal, which is to be funded by NATO countries, includes a first wave of equipment that will be delivered very soon.

The stock movement reflects investor confidence in RTX's ability to capitalize on the increased demand for defense systems. Raytheon Technologies is the sole producer of the Patriot missile system, a cornerstone of NATO's air defense modernization. The U.S. resumed shipments of 10 additional Patriot interceptors to Ukraine via NATO allies in July 2025, following a temporary pause in July 2025.

The surge in RTX's stock price is part of a broader trend in the defense sector, driven by increased military spending and geopolitical tensions. NATO's commitment to spend 5% of its GDP on defense, as well as the U.S.'s projected 8% increase in defense budget, are significant drivers for defense contractors like RTX.

Investors should monitor the situation closely, as further developments in the Ukraine conflict could provide additional catalysts for defense stocks. The potential for further escalation in the conflict, as well as any changes in NATO's burden-sharing deals or U.S. military aid policies, could impact stock prices.

References:
[1] https://www.ainvest.com/news/defense-stocks-soar-trump-ukraine-arms-plan-ignites-global-military-spending-2507/
[2] https://www.usnews.com/news/top-news/articles/2025-07-14/trump-announces-weapons-for-ukraine-warns-russia