RTX Steals the Defense Spotlight: Should You Buy the Stock or Hold?

RTX Corp. (RTX) , a renowned defense contractor, has lately been in the headlines under the defense section for securing multiple million-dollar contracts over the past week and providing some favorable updates. Evidently, the company won a contract worth up to $1.3 billion to continue working on the F135 Engine Core Upgrade, a $525.5 million contract for producing and delivering guided missile assemblies of Evolved Seasparrow Missile, a $255 million contract to provide depot, intermediate level repair and ...