What Happened
Aerospace Giant's Record Backlog Sparks Investor Interest
RTX Corporation has drawn fresh investor attention after its third-quarter 2026 earnings update, which showed higher adjusted earnings and stronger revenue. The company’s record backlog of $289b, supported by a strong book-to-bill ratio, points to multi-year growth prospects. RTX shares have climbed in recent weeks, but the company still trades at a discount to analyst targets. This development was reported by Simply Wall St News.