RTX Surges 1.91% on $590M Trade Volume Ranking 169th as Defense Collaboration Drives Growth Strategy

RTX closed at $156.60 on August 20, 2025, with a 1.91% increase, driven by a trading volume of $0.59 billion, placing it 169th in daily volume rankings. The stock’s performance was influenced by strategic developments in its defense sector operations.

Raytheon, a subsidiary of RTX, announced a memorandum of understanding (MoU) with Diehl Defence to co-produce critical components of the Stinger® missile in Europe. This partnership aims to expand production capacity for the Stinger, a surface-to-air missile used by 24 countries, including NATO members. Raytheon highlighted the system’s proven effectiveness against short-range threats and historically high demand, while Diehl Defence emphasized its expertise in air defense systems and plans to assess production capacity expansion options. The agreement aligns with RTX’s growth strategy in integrated defense solutions.

A strategy of buying the top 500 stocks by daily trading volume and holding them for one day from 2022 to 2025 yielded a total return of 31.52% over 365 days, with an average 1-day return of 0.98%. This suggests the approach captured short-term momentum but remained subject to market volatility and timing risks.