🚀 $RTX — Aerospace & Defense Giant

Formed from Raytheon & United Technologies merger, rebranded as RTX in 2023. Major units:

Pratt & Whitney (jet engines)

Collins Aerospace (aircraft systems)

Raytheon (defense systems)

📈 Stock Performance:

Recently hit new highs, multi-day climb

Strong 1Y returns driven by defense demand & backlog

Wall Street avg. 12M target: ~$195 (Moderate Buy)

Key Drivers:

Major defense contracts (e.g., Iron Dome supply)

Aerospace demand backlog

⚠️ Risks:

Potential U.S. executive order limiting buybacks

Tariffs & operational costs

Manufacturing challenges (jet engine issues)

$RTX

RTX

Alpha

2.50419

-0.01%

#RTX #Stocks #Aerospace #Defense #MarketUpdate