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(Bloomberg) — RTX Corp. raised its full-year profit outlook and reported third-quarter earnings that topped Wall Street expectations as sales and profit rose across its commercial aerospace and military hardware businesses.
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The Arlington, Virginia-based company now expects adjusted profit of $6.10 to $6.20 a share this year, the company said Tuesday. That’s up from a prior forecast for no more than $5.95 and higher than the average of analyst estimates compiled by Bloomberg.
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RTX’s shares rose 6.3% in premarket trading as of 7:12 a.m. in New York. The stock had gained 39% this year through Monday’s close, outpacing the S&P 500 Index’s 15% advance.
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The maker of Patriot missile-defense systems, aircraft components and Pratt & Whitney jet engines said sales and profits in the most recent quarter grew across its three main divisions. The results highlight how aerospace manufacturers are benefiting from strong demand for parts and services tied to air travel, while geopolitical tensions are supporting higher government spending on weapons systems.
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RTX’s adjusted profit was $1.70 a share in the third quarter, better than Wall Street was expecting.
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RTX has spent much of 2025 managing fallout from new US tariffs that threatened to erode profit. The stock dropped in April after executives warned that levies tied to President Donald Trump’s trade policies could cut as much as $850 million from annual operating profit, including duties on trade with Canada, Mexico and China.
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By July, RTX reduced that projected hit to $500 million and lowered its full-year profit outlook. The company said it had softened the blow in part through supply-chain adjustments, tariff exemptions and use of free-trade zones. Despite the smaller profit target, RTX lifted its sales forecast on strong commercial aftermarket demand for jet-engine parts and aircraft systems.
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The company continues to remain bullish on revenue: It further boosted its full-year sales estimates to as much as $87 billion.
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Pratt & Whitney saw adjusted operating profit rise 26%, boosted by higher deliveries of large commercial jet engines and parts and services tied to commercial airline fleets. Earnings jumped 30% at the Raytheon defense unit, helped in part by international Patriot missile sales.
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The company, one of the largest recipients of US federal contractor funding, is in active discussions with the Trump administration on projects, including supplying equipment for the proposed “Golden Dome” missile-defense system and modernizing the US air-traffic control system.
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Meanwhile, this month its Pratt & Whitney Canada arm signed a 14-year maintenance and support agreement with Lufthansa Airlines and Austrian Airlines, both subsidiaries of the Lufthansa Group. The agreement covers the 41 auxiliary power units on the two airlines’ combined fleet of Boeing 787 aircraft, according to the company’s website.
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(Updates shares in the third paragraph, adds quarter details in the ninth paragraph.)
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