RTX Corporation: Set To Reach New Heights, Reiterate Buy

Colin Anderson Productions pty ltd We previously covered RTX Corporation (NYSE:NYSE:RTX) in May 2024, discussing its robust prospects across commercial and defense aerospace markets, with the growing backlog offering great insights into its long-term top/ bottom lines, further aided by the management's cost reduction initiatives. Combined with the underway powdered metal remediation and peak Aircraft On Ground [AOG] by FQ1'24 with things to moderate through 2026, we had maintained our Buy rating then. Since ...