RTX (RTX) Company Report

The gyrotron microwave weapon market is projected to grow from $1.51 billion in 2025 to $1.88 billion in 2026 (CAGR 24.7%), and reach $4.51 billion by 2030 (CAGR 24.4%)
Expansion is driven by adoption of high-power continuous wave gyrotrons in defense, increased military R&D in directed-energy, integration of superconducting magnet systems, and scaling of hybrid gyrotron manufacturing
Geopolitical tensions and drone swarm threats, alongside higher defense procurements (e.g., a 4.1% increase to $773 billion in the U.S. DoD FY 2023 budget), are fueling demand for precision-directed-energy systems
Leading market participants include Raytheon Technologies, NORINCO, Thales, L3Harris, and Leonardo, with North America as the 2025 leader and Asia-Pacific as the fastest-growing region

6 hours ago

Press Release

RTX dual mode microwave seeker market projected to reach $3.19 billion by 2030

RTX

The global dual mode microwave seeker market is set to expand from $1.99 billion in 2025 to $2.19 billion in 2026 at a 10.2% CAGR.
It is forecast to reach $3.19 billion by 2030 with a 9.9% CAGR, driven by multi-spectral seeker fusion and component miniaturization.
Growth is underpinned by missile modernization programs, integration of microwave radar with infrared systems, and rising defense budgets (e.g., the UK’s budget rising from $70.5 billion in 2024-25 to $73.9 billion in 2025-26).
Major players include RTX Corporation, Lockheed Martin, Northrop Grumman, Honeywell Aerospace, BAE Systems, and Thales.
Trade tariffs on electronic components are raising costs but also fostering domestic manufacturing and supply chain localization.

6 hours ago

Press Release

RTX sees rocket electrical power systems market at $2.24 B by 2030

RTX

From $1.56 B in 2025 to $1.69 B in 2026 at a CAGR of 8.3%, driven by advanced converters, telemetry monitoring, and electric subsystems for propulsion and guidance.
Forecast to reach $2.24 B by 2030 at a 7.3% CAGR, supported by commercial reusable programs, power-electronics advances, and high-density energy storage demand.
North America led the market in 2025, with notable contributions from Asia-Pacific and Europe amid rising government space exploration investment.
L3Harris Technologies’ acquisition of Aerojet Rocketdyne in July 2023 highlights ongoing consolidation to bolster propulsion and energetics capabilities.
Global trade tensions and tariffs are increasing costs of specialty alloys and semiconductors but are spurring domestic manufacturing and innovation in high-efficiency technologies.

1 day ago

Press Release

RTX awarded position on MDA SHIELD IDIQ contract

RTX

New Projects/Investments

RTX’s RTI was awarded a position on the Missile Defense Agency’s SHIELD indefinite-delivery/indefinite-quantity contract with a $151 billion ceiling
The contract covers a broad range of work areas to enable rapid delivery of innovative capabilities to the warfighter with increased speed and agility
RTI will support the Missile Defense Agency and industry partners in advancing layered defense capabilities
RTI Connext underpins over 2,000 designs across Aerospace & Defense, Medtech, Automotive, and Robotics, powering more than $1 trillion in deployed systems worldwide

7 days ago

Press Release

RTX: Defense Electronics Market to Reach $317.67 Bn by 2030

RTX

The global defense electronics market reached $244.38 Bn in 2025, is projected at $257.58 Bn in 2026, and is forecast to hit $317.67 Bn by 2030 at a 5.4% CAGR.
Expansion is driven by adoption of GPS-enabled systems, infrared controls, and radiation-hardened electronics amid growing space missions, plus rising demand for AI-enabled and cyber-secure solutions.
Higher defense budgets—e.g., the UK plans to increase spending from USD 83.3 Bn in 2025/26 to USD 98.2 Bn by 2028/29—are fueling procurement of advanced radars and communication systems.
Leading industry participants include Raytheon Technologies, Boeing, Lockheed Martin, and Northrop Grumman.

Jan 12, 2026, 3:45 PM

Press Release

RTX awarded FAA contract for next-generation surveillance radars

RTX

New Projects/Investments

RTX’s Collins Aerospace business secured a $438 million contract from the FAA to support the Radar System Replacement program under the Department of Transportation’s new air traffic control system modernization effort.
Collins will deliver the Condor Mk3 cooperative radar and ASR-XM non-cooperative radar, which integrate with existing infrastructure to enhance safety and operational efficiency.
More than 550 RTX radar systems are already in operation across the national airspace, providing a proven foundation for large-scale modernization.
RTX, the world’s largest aerospace and defense company, reported 2024 sales of over $80 billion and employs more than 185,000 people globally.

Jan 5, 2026, 9:30 PM

Press Release

RTX’s Raytheon wins $1.7 billion Patriot systems contract from Spain

RTX

New Projects/Investments

RTX’s Raytheon business was awarded a $1.7 billion foreign military sales contract to deliver four Patriot air and missile defense systems to Spain.
The deal is Spain’s largest Patriot order ever, covering radars, launchers, command-and-control stations, and training equipment.
Raytheon will partner with local industry, including Sener, for the GEM-T missile electro-mechanical control systems.
Patriot, deployed in 19 countries, continues to secure additional orders, with Germany, the Netherlands, and Romania also placing orders in 2025.

Dec 23, 2025, 1:30 PM

Press Release

RTX equips US Air Force autonomous fighter jet with PhantomStrike radar

RTX

New Projects/Investments

On Dec. 19, 2025, RTX’s Raytheon business won a contract to outfit the USAF’s autonomous X-62A VISTA aircraft with PhantomStrike® radar.
PhantomStrike is a first-of-its-kind, air-cooled fire-control radar using GaN technology, engineered to be smaller, lighter and consume less power than modern AESA systems.
The radar offers digital beam-forming and steering, multimode functionality and interleaved ground/air targeting at about half the cost of typical fire-control radars.
RTX, headquartered in Arlington, Virginia, is the world’s largest aerospace and defense company, with 2024 sales exceeding $80 billion.

Dec 19, 2025, 1:30 PM

Press Release

RTX’s Raytheon awarded $168 million contract for Romanian Patriot system

RTX

New Projects/Investments

RTX’s Raytheon business won a $168 million foreign military sales contract to equip Romania with the Patriot air and missile defense system.
The deal covers delivery of a radar, command and control system, launchers, plus support and test equipment.
This marks Romania’s second Patriot order in a year, following additional 2025 orders from Germany, the Netherlands, and Spain.
Patriot is a combat-proven system used by 19 countries to defend against long-range cruise missiles, tactical ballistic missiles, and air-breathing threats.

Dec 19, 2025, 8:00 AM

Press Release

RTX awarded $1.6 billion F135 sustainment contract

RTX

New Projects/Investments

Pratt & Whitney, an RTX business, secured a $1.6 billion undefinitized contract for F135 engine sustainment, supporting all three F-35 variants.
The award funds depot-level maintenance, spare parts replenishment, material management, propulsion integration, engineering support, and software sustainment for U.S. and international customers.
Pratt & Whitney’s sustainment network spans 39 bases and 12 ships globally, leveraging distributed maintenance and technical expertise.
To date, over 1,300 F135 production engines have been delivered across 20 allied nations, bolstering F-35 readiness.