Aktienanalyse zu RTX Corp (RTX)RTXRTX Corp

$RTX is likely to see a bullish reversal off this long-term supporting trendline. It is down -20% since its August highs. A great discount on defense names.

Stocktwits Defense Watch: U.S. missile spending drives $21B in Boeing and RTX deals, Ondas adds $270M in orders $BA $RTX $ONDS $ITA

$RTX lands a $24.4B missile contract, its 3rd deal over $20B in 2 months The latest deal, announced Oct. 1, is worth up to $24.4B and calls for more SM-6 interceptors. The SM-6 is used in a variety of operations, including anti-ship warfare, anti-air warfare and ballistic missile defense. The US Navy contract is for 5 years, with 2 option years available. This deal surpasses Raytheon's previous record contract worth $22.9B announced in Aug for accelerated production of Tomahawk cruise missiles. It also goes beyond a $20.7B contract announced earlier this week for nearly doubled output of the widely used AMRAAM weapon.

$RTX won a multiyear contract worth up to $24.4B to produce Standard Missile-6 interceptors for the US Navy, as the Pentagon pushes to replenish munitions stockpiles depleted by conflicts in the Middle East. The 5-year contract, which includes 2 additional option years, is meant to provide a steady and reliable supply of the SM-6, a missile that can carry out both offensive strikes and missile defense missions. The SM-6 award is the latest in a series of large munitions contracts the Pentagon has pursued this year to pressure contractors into ramping up output. It follows a $20.7B provisional multiyear deal for Raytheon's AMRAAM air-to-air missiles in late Sept and a $58.6B Patriot interceptor deal awarded to $LMT in July. Industry execs have warned that Congress has not yet appropriated funding for the deals, meaning contractors may be unable to invest at scale in components and facilities until lawmakers act.

RTX Stock Rises Overnight: Raytheon Lands $20.7B Missile Deal As Pentagon Pushes To Ramp Up Production $RTX $ITA $SHLD