RTX Corporation
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.
Why it matters for sellers
Growing company = growing budgets
Signal details
- Reported
- September 16, 2026
- Source
- foreignpolicyjournal.com
From the coverage · foreignpolicyjournal.com
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. 89 on the back of strong demand across segments. 9 billion, further underscoring the financial strength RTX has generated as its order pipeline continues to expand. 42, one of the strongest readings in recent memory. That surge in defense orders was driven by $5 billion in GEM-T Patriot effector orders and a further $4 billion in classified awards, reflecting robust government appetite for advanced and proven defense systems.
2 billion for the quarter, with commercial original equipment sales rising 26% and commercial aftermarket revenue increasing 10%. The backlog is split approximately 60% commercial aerospace and 40% defense, a division that has given RTX meaningful strategic flexibility when approaching new contract opportunities.
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