RTX (NYSE: RTX) Reports $289B Backlog As Military And Commercial Aerospace Demand Drives Record Growth

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  "company": {
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  "data": {
    "url": "https://www.foreignpolicyjournal.com/2026/09/16/rtx-nyse-rtx-reports-289b-backlog-as-military-and-commercial-aerospace-demand-drives-record-growth/",
    "title": "RTX (NYSE: RTX) Reports $289B Backlog As Military And Commercial Aerospace Demand Drives Record Growth - foreignpolicyjournal.com",
    "excerpt": "RTX Corporation (NYSE: RTX) has reported a total backlog of $289 billion, comprising $170 billion in commercial orders and $119 billion in defense orders, marking a 22% increase year over year. Chief Executive Officer Chris Calio described demand as “robust,” pointing to the expanding backlog as evidence of sustained momentum across both the commercial and defense segments of the business. The backlog figure is roughly three times RTX’s projected annual revenue, with management guiding for adjusted sales of between $95 billion and $96 billion for the full year of 2026. That scale of forward visibility represents a substantial buffer against near-term economic uncertainty and signals a significant runway of secured future business for the aerospace and defense giant. Second-quarter sales reached $24.7 billion, a 14% increase from the same period a year ago, while adjusted earnings per share climbed 21% to $1.89 on the back of strong demand across segments. Free cash flow for the quarter came in at $2.9 billion, further underscoring the financial strength RTX has generated as its order pipeline continues to expand. The defense segment delivered particularly strong results, with Raytheon booking $19.9 billion in orders during the quarter and recording a book-to-bill ratio of 2.42, one of the strongest readings in recent memory. That surge in defense orders was driven by $5...",
    "summary": "RTX Corporation reported a total backlog of $289 billion, a 22% increase year-over-year, composed of $170 billion in commercial orders and $119 billion in defense orders.",
    "planning": false,
    "image_url": "https://www.foreignpolicyjournal.com/wp-content/uploads/2026/08/RTX-tomahawk-cruise-missile.jpg",
    "confidence": 0.95,
    "published_at": "2026-09-16T12:40:00Z",
    "article_sentence": "RTX Corporation (NYSE: RTX) has reported a total backlog of $289 billion, comprising $170 billion in commercial orders and $119 billion in defense orders, marking a 22% increase year over year.",
    "amount_normalized": 289000000000
  }
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