Three defense titans, three different flight paths — but only one may come out on top when Lockheed Martin (LMT), RTX Corp RTX, and Northrop Grumman Corp NOC report earnings Tuesday before the bell. With investors closely tracking valuation, momentum, and technicals, this aerospace earnings face-off is about to get turbulent.RTX: Flying High, Valued HigherRTX has been the surprise high-flyer. With a 47% gain over the past year and a 32% YTD rally, it's the clear momentum leader. Technically, it's flashing b ...

"乌克兰安全援助倡议"，是让乌克兰政府能够直接与洛克希德·马丁或雷神导弹公司等美国军火巨头签合同买武 器，钱则由美国国防基金来掏。 军援乌克兰，美国打的从来都是，一笔一本万利的生意经。 曾宣称"24小时内解决乌克兰危机"的美国总统特朗普，近日突然宣布要武装乌克兰，这波态度大转弯，着实令 人咋舌。 大概是自己也觉得变脸太快，特朗普赶紧出来"挽尊"，称现在美国援乌的武器装备由北约买单，美国不再做赔 本买卖了！ 这话听着，仿佛过去三年多的对乌援助，都是赔本赚吆喝一样。 事实上，美国对乌军事援助，从来不是什么"赔本买卖"，反倒成了美国军工复合体的摇钱树。这些援助资金大 部分最终回流美国本土，给军工行业带来巨额利润、撑起大量就业。 尽管特朗普的"武装乌克兰"新计划还未公布细则，但只要算算过去三年多的经济账就不难发现：美国援助乌克 兰只是"小目标"，对美国军工复合体来说，这实际是门赚得盆满钵满的"大生意"。 据美国事实网统计的数据显示，自2022年2月以来，美国已通过援助计划向乌克兰拨款约1828亿美元，实际支付 840亿美元，而这当中90%的钱，最后都流回了美国自己的腰包。 美国给乌克兰卖武器，主要靠两个路子："乌克兰 ...

Key Takeaways RTX is set to report Q2 results on July 22, with revenue and EPS estimates showing year-over-year growth. Commercial engine and aftermarket sales likely boosted Pratt & Whitney and Collins Aerospace performance. RTX showcases strong price gains, but trades at a premium and holds lower ROE versus the peer group.RTX Corp. (RTX) is slated to release second-quarter 2025 results on July 22, before the opening bell.  The Zacks Consensus Estimate for revenues is pegged at $20.66 billion, implying 4 ...

In its upcoming report, RTX (RTX) is predicted by Wall Street analysts to post quarterly earnings of $1.45 per share, reflecting an increase of 2.8% compared to the same period last year. Revenues are forecasted to be $20.66 billion, representing a year-over-year increase of 4.8%.The consensus EPS estimate for the quarter has been revised 1.6% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this ...

Group 1: RTX Corporation and Contract Wins - RTX Corporation's unit, Raytheon, secured a $74 million modification contract to provide spares for the Rolling Airframe Missile (RAM) Mod 5 Guided Missile Launching System (GMLS) [1] - The contract is awarded by the Naval Sea Systems Command and is projected to be completed by September 2028, with work primarily performed in Louisville, KY, and Ottobrunn, Germany [1] - The RAM GMLS is deployed on over 165 ships across 11 countries, indicating strong demand for this missile system in both domestic and international markets [4][9] Group 2: Market Trends and Growth Projections - Rising military conflicts and national security concerns have led to increased focus on missile defense systems, with a forecasted compound annual growth rate of 5% for the global missiles and missile defense system market from 2025 to 2030 [2] - RTX's product portfolio includes several combat-proven missiles, positioning the company to benefit from the expanding market [3] Group 3: Competitors in the Defense Sector - Northrop Grumman provides advanced missile defense technology and has a long-term earnings growth rate of 3%, with a Zacks Consensus Estimate for 2025 sales indicating 2.7% year-over-year growth [5][6] - Boeing manufactures various missile defense systems and has a long-term earnings growth rate of 18.1%, with a Zacks Consensus Estimate for 2025 sales indicating 27.5% year-over-year growth [7][8] - Lockheed Martin's product portfolio includes several missile defense programs, with a long-term earnings growth rate of 10.5% and a Zacks Consensus Estimate for 2025 sales indicating 4.7% year-over-year growth [10]

Core Insights - Remittix is set to launch its RTX Wallet with native Solana integration in Q3 2025, allowing users to swap Solana and SPL stablecoins into local currencies instantly [2][8] - The integration aims to enhance transaction speed, reduce settlement fees, and improve usability for both consumers and merchants [3][4] - Remittix has raised over $16 million in presale commitments, with plans to reach an $18 million soft cap soon [4][8] Product Features - The RTX Wallet will support Bitcoin, Ethereum, and XRP alongside Solana, enabling quick conversions of digital assets into local cash [2][8] - It features a simplified user interface for easy cryptocurrency conversion and a dual-key security system for enhanced user control [5] - Built-in merchant features include automated tax savings and spare-change rounding to facilitate micro-savings [5] Upcoming Developments - The public Android beta is scheduled for launch in August 2025, with a freelancer plug-in for instant invoicing and settlement planned for October [7] - Licensing approvals are nearing completion in Brazil and Kenya, which are key markets for cross-border transfers [7][6]

Core Viewpoint - Analyst recommendations play a significant role in influencing stock prices, but their reliability is questionable due to potential biases from brokerage firms [1][10]. Brokerage Recommendations for RTX - RTX has an average brokerage recommendation (ABR) of 1.71, indicating a consensus between Strong Buy and Buy, based on 24 brokerage firms [2]. - Out of the 24 recommendations, 15 are Strong Buy (62.5%) and 1 is Buy (4.2%) [2]. Limitations of Brokerage Recommendations - Sole reliance on ABR for investment decisions may not be prudent, as studies indicate limited success in guiding investors towards stocks with the highest price increase potential [5]. - Brokerage analysts often exhibit a strong positive bias due to vested interests, leading to a disproportionate number of favorable ratings compared to negative ones [6][10]. Zacks Rank as an Alternative - Zacks Rank, a proprietary stock rating tool, categorizes stocks from 1 (Strong Buy) to 5 (Strong Sell) and is based on earnings estimate revisions, making it a more effective indicator of near-term stock performance [8][11]. - Zacks Rank is distinct from ABR, as it is driven by quantitative models rather than solely by brokerage recommendations [9]. Current Earnings Estimates for RTX - The Zacks Consensus Estimate for RTX's current year earnings has decreased by 0.7% to $5.93, reflecting analysts' growing pessimism about the company's earnings prospects [13]. - This decline in earnings estimates has resulted in a Zacks Rank of 4 (Sell) for RTX, suggesting caution despite the Buy-equivalent ABR [14].

Core Insights - RTX Corp.'s Raytheon segment has successfully tested the Barracuda mine neutralization vehicle in untethered, semi-autonomous mode, showcasing its capabilities in naval mine countermeasures [1][10] - The Barracuda program is set for initial operational capability by 2030, with RTX developing larger variants for broader missions [2] - The successful demonstration positions RTX as a leader in advanced defense technology, potentially attracting investors [3] Stock Performance - RTX shares have increased by 26.3% year-to-date, outperforming the Zacks Aerospace-Defense industry's growth of 21.3% and the S&P 500's return of 5.2% [4] - Other defense contractors like Boeing and General Dynamics have also seen notable gains, with Boeing up 28.1% and General Dynamics up 13.9% [5] Growth Catalysts - A steady flow of defense orders is crucial for revenue growth, with RTX securing $9 billion in bookings during Q1 [6] - RTX's defense backlog reached $92 billion as of March 31, 2025, indicating strong revenue growth prospects [7] - The long-term earnings growth rate consensus for RTX is estimated at 9.3% [7] - The commercial aerospace sector is also a growth driver, with Collins Aerospace and Pratt & Whitney units showing year-over-year sales growth of 8% and 14%, respectively [11] Earnings Estimates - The Zacks Consensus Estimate for RTX's Q2 2025 revenues and earnings indicates improvements of 4.8% and 2.8% year-over-year [13] - Annual estimates for 2025 and 2026 suggest similar growth trends, although near-term earnings estimates have declined over the past 60 days [13] Valuation - RTX's forward 12-month price-to-sales ratio is 2.25X, higher than the peer group's average of 1.85X, indicating a premium valuation [19]

Core Viewpoint - The recently passed "Big Beautiful" bill is significantly transforming the American business landscape, redefining the winners and losers among various industries [1] Private Equity and Fossil Fuels - The private equity industry, valued at $13 trillion, is one of the biggest beneficiaries of the bill, retaining the "carried interest" tax loophole [2][3] - This loophole allows traders to pay performance profit taxes at a lower long-term capital gains tax rate, saving the industry billions annually [3] - The bill also extends fixed debt interest tax deductions and depreciation benefits, lowering tax rates for many private equity-backed companies [4] Retail Industry - The bill reduces federal food assistance, with the Supplemental Nutrition Assistance Program (SNAP) expected to see a $9 billion cut next year, impacting grocery spending [5][6] - Companies like Conagra, Kellogg, and Kraft Heinz may face sales pressure due to their reliance on SNAP user spending [6] - The bill eliminates tariff exemptions for imported goods valued under $800, benefiting brick-and-mortar retailers while pressuring small businesses [6] Healthcare Industry - The healthcare sector avoided severe cuts, with Medicaid funding reductions being less than anticipated [7][8] - For-profit hospital chains like Tenet Healthcare and HCA Healthcare saw stock price increases, although predictions indicate that 11.8 million Americans may lose health insurance by 2034 [8] - Smaller hospitals, heavily reliant on Medicaid, may struggle more than larger institutions [9] Energy Sector - The energy industry is experiencing a split impact, with coal unexpectedly benefiting from tax credits for metallurgical coal production [10] - Zero-carbon energy sources like geothermal and nuclear retain substantial tax credits, while many solar and wind projects will lose investment and production tax credits [10] - The cancellation of electric vehicle tax incentives may lead to contractor bankruptcies, as the total credits for 2023 amount to $8.4 billion [10] Technology Sector - The technology sector, particularly companies like Tesla, faces significant challenges due to the loss of electric vehicle tax incentives and new AI regulations [11] - Private aerospace companies like SpaceX and Blue Origin benefit from provisions allowing municipal bond financing for spaceports [11] Defense Industry - The defense sector is a major winner, with an additional $150 billion in budget increases, pushing total defense spending towards $1 trillion [12][13] - Traditional defense contractors like Lockheed Martin and emerging tech firms like Anduril and Palantir are expected to benefit from increased funding for missile defense and naval capabilities [13] Higher Education - The bill imposes an 8% tax on investment income for wealthy universities, affecting only 16 institutions, with Harvard expected to lose $267 million annually [14] - Cuts to student loans and support may indirectly raise university costs, straining state funding for public universities [14]

Group 1 - The core point of the article is that President Trump has announced that Raytheon and IBM will be competing for the opportunity to influence the reform of the Federal Aviation Administration (FAA) [1]