Commercial GrowthContinued strength in commercial aftermarket growth, which increased 15% overall, 12% at Collins, and 17% at Pratt and Whitney.
Defense PerformanceRaytheon continues to benefit strongly from export sales, driving a rising backlog, with a book-to-bill of 1.48X.
EarningsRTX adjusted EPS of $1.54 beat consensus of $1.39, leading to a raised target price to $136.