RTX posts 14% Q2 sales growth and raises 2026 financial outlook

RTX reported second-quarter 2026 sales of $24.7 billion, up 14% year over year, with adjusted EPS of $1.89, up 21%, and free cash flow of $2.9 billion; backlog reached $289 billion. On July 23, the company raised its 2026 outlook to $95.0–$96.0 billion in adjusted sales, $7.10–$7.25 in adjusted EPS and $8.50–$8.75 billion in free cash flow, and said it agreed to sell Raytheon’s Blue Canyon Technologies business for $620 million.