Core Insights - RTX Corporation (RTX) is enhancing its radar systems portfolio to address the increasing global demand for surveillance, missile detection, and air defense solutions due to rising geopolitical tensions and defense spending [1] Company Developments - The Raytheon business segment is focused on developing next-generation radar systems that improve tracking precision and situational awareness for land and naval operations, with significant investments in research and development for advanced radar technologies [2] - A notable achievement is the successful first flight test of the PhantomStrike radar in May 2025, which utilizes gallium nitride (GaN) technology for long-range threat detection at approximately half the cost of traditional fire-control radars [3] - In September, RTX launched the APG-82(V)X radar, integrating advanced GaN technology to enhance effectiveness across various operations, including air-to-air and electronic warfare [3] - The Raytheon unit's innovations contributed to a 6.4% sales growth in the second quarter of 2025 [4][9] Industry Context - The global radar systems market is expanding as nations increase investments in surveillance and air defense technologies, benefiting major defense contractors like Kratos Defense & Security Solutions and Lockheed Martin [5] - Kratos received a U.S. Navy contract worth up to $175 million in October 2025 for developing sustainment capabilities for AN/SPY-1 radar systems, reinforcing its position in the radar manufacturing sector [6] - Lockheed Martin's radar systems are utilized by over 45 nations, with a recent delivery of the Aegis System Equipped Vessel shipset to the Japan Ministry of Defense [7] Market Performance - RTX shares have increased by 27.3% over the past year, outperforming the industry average growth of 15.8% [8] - The company's shares are currently trading at a relative discount, with a forward 12-month Price/Earnings ratio of 24.37 compared to the industry's average of 28.51 [10]