Raytheon Technologies Secures $2.1 Billion in Defense Contracts Amid Growing Backlog and Earnings Strength
ByAinvest
Saturday, Jan 31, 2026 1:32 am ET1min read
RTX--
RTX has secured several large defense contracts, including a $1.7b Patriot deal with Spain, a $248m U.S. Navy communications contract, and a $197m reconnaissance system contract for Poland. These deals align with RTX's focus on missile defense, communications, and reconnaissance systems. The company's strong 2025 performance and record backlog reinforce its narrative of high demand for defense and aerospace systems. RTX's share price has seen a 58.7% return over the past year and 211.6% over five years.
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