RTX Corp (NYSE:RTX, ETR:5UR) shares gained nearly 9% in late-morning trading on Tuesday as the aerospace and defense company boosted its full-year revenue and earnings forecast, citing increasing demand for its missiles and aftermarket services.
RTX also reported third quarter 2025 financial results that surpassed Wall Street expectations.
Its revenue for the period rose 12% year over year to $22.48 billion, while its adjusted profit came in at $1.70 per share.
Analysts surveyed by LSEG expected adjusted earnings per share of $1.41 on $21.31 billion in revenue.
RTX also said it now expects 2025 adjusted sales of between $86.5 billion and $87 billion, up from its previous forecast of between $84.75 billion and $85.5 billion.
As well, the company raised its adjusted profit forecast to between $6.10 and $6.20 per share for the year from $5.80 to $5.95 previously.
"Strong execution in the third quarter enabled us to deliver double-digit organic sales growth across all three segments and our sixth consecutive quarter of year-over-year adjusted segment margin expansion," RTX CEO Chris Calio said in a statement.
"We also received $37 billion of new awards in the quarter, reflecting robust global demand for our products and supporting long-term growth for RTX."