From Yahoo Finance: 2025-03-28 18:22:00

The aerospace industry is experiencing growth due to global conflicts, leading to increased demand and backlogs. Recent changes in US administration have impacted the industry, causing European countries to ramp up aerospace orders. Commercial aviation is thriving, with airlines modernizing fleets. AI software is enhancing defense aircraft capabilities, contributing to industry growth.

RTX Corporation (NYSE:RTX) is a major aerospace and defense company that has seen significant stock growth in 2025. Raytheon secured contracts with the U.S. Army and other countries to supply Patriot air defense systems. Financially, RTX had $80.7 billion in sales in 2024, with a backlog of $218 billion. The consensus price target suggests a 22.5% upside, with the stock up 17.82% year-to-date.

RTX ranks 12th on the list of aerospace stocks surging in 2025. While RTX shows promise, some AI stocks may offer higher returns in a shorter timeframe. For investors seeking potential high-growth AI stocks trading at less than 5 times earnings, a report on the cheapest AI stock is available.



Read more at Yahoo Finance: Why RTX Corporation (RTX) Is Surging In 2025?