RTX Corp. (RTX) Scores $6.3 Billion Munitions Boost As Record Backlog Tests Delivery Capacity
RTX Corp. (NYSE: RTX) stands to benefit significantly from a sweeping defense appropriations agreement that allocates more than $6.3 billion for 13 critical munitions programs. The FY2026 defense spending package also provides conditional multiyear procurement authority for eight of those programs, giving major contractors like RTX a more stable production planning horizon. RTX has expanded…