From Zacks Investment Research: 2025-02-14 15:16:07

RTX Corp. completed a successful live-fire test of its LTAMDS radar, showcasing its ability to detect and track threats. This reaffirms RTX’s leadership in the missile defense industry. RTX’s shares have surged 37.1% in the past year, outperforming industry and sector benchmarks. Other defense players like RKLB, TDG, and LDOS have also shown stellar performances. RTX’s commercial air traffic sales have been improving, boosting its stock. Growth prospects for RTX in commercial aerospace and military sectors remain strong. The Zacks Consensus Estimate for RTX’s long-term earnings growth rate is 9.7%. Risk factors include supply chain issues in the aerospace sector. RTX is trading at a discount compared to its industry average. Investors interested in defense stocks may consider adding RTX to their portfolio, supported by its positive sales and earnings estimates, strong performance, and growth opportunities.



Read more at Zacks Investment Research: RTX Shines Under Missile Defense Spotlight: To Buy or Sell the Stock? – February 14, 2025