Backlog And DemandA surge in foreign weapons demand resulted in record awards, boosting RTN's backlog to $60 billion and indicating a favorable revenue mix shift.
Financial PerformanceRTX reported strong financial results with an 8% organic growth in sales and adjusted EPS that exceeded expectations, signaling robust performance.
International GrowthThe defense backlog now includes approximately 44% international work, which generally offers higher margins, enhancing profitability.