RTX: Mega backlog of $289 billion and forecast upgrade for 2026 - this defense giant is unstoppable

RTX impressed in the second quarter of 2026 with a strong revenue of $24.7 billion and an EPS of $1.89, significantly surpassing analyst expectations of $22.88 billion and $1.66, respectively. The defense and aerospace company recorded a record backlog of $289 billion and secured new orders worth $43 billion in the last quarter. Due to the persistently high demand, management raised the annual targets for adjusted revenue to $95.0 to $96.0 billion and for adjusted EPS to $7.10 to $7.25.   Strong Q2: RTX significantly beats consensus...