Raytheon Slides 0.52% on 176th-Highest $760M Volume as Defense Budget Delay Clouds Outlook

On July 31, 2025, Raytheon Technologies (RTX) closed with a 0.52% decline, trading a volume of $0.76 billion—the 176th highest on the day. The stock's performance followed a mixed market backdrop as defense sector momentum waned amid shifting investor risk appetite.

Recent developments highlighted RTX's exposure to defense spending uncertainties. A U.S. Senate committee postponed a key hearing on fiscal 2026 defense budget allocations, casting short-term doubt on potential contract awards for the aerospace giant. Analysts noted that the delay amplified near-term volatility, as investors recalibrated expectations for government procurement timelines. Meanwhile, a separate report indicated supply chain constraints in critical component manufacturing, though the firm reiterated its confidence in meeting fourth-quarter production targets.

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