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GOVT-CONTRACT ·Filed Oct 22, 2026

RTX

RTX Corp
NEUTRAL
Impact 3/10
Horizonmonths Processed4d 14h ago
Large government contract award ($500M+)
Actionable Insight • Neutral

Monitor future obligated amounts and task orders under this contract to gauge revenue recognition pace. The modification extends the contract ceiling and period of performance, providing a long-term revenue baseline for the Raytheon segment.

DirectionNeutral
Confidencehigh
Horizonmonths

Price Chart

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Executive Summary

RTX Corp (via its Raytheon segment) received a $350 million ceiling increase modification to its Small Diameter Bomb II life cycle support contract with the U.S. Air Force, bringing the total contract value to $950 million. The modification represents approximately 0.35% of RTX's annualized revenue and is a routine follow-on to an existing program, with no immediate funds obligated.

Key Financial Metrics

Award Amount
$350.0M
Agency
Department of Defense (Air Force)
Contract Type
modification
Rev Impact
+0.3%

Key Facts

  • Raytheon Co. (RTX) received a $350 million ceiling increase modification (P00014) to contract FA8672-19-D-0001 for Small Diameter Bomb II life cycle support.
  • Total cumulative contract value increased from $600 million to $950 million.
  • No funds are being obligated at the time of award.
  • Work will be performed in Tucson, Arizona, with completion expected by Dec. 31, 2030.
  • The modification represents approximately 0.35% of RTX's annualized revenue of $99.86 billion.

Financial Impact

$350 million ceiling increase, approximately 0.35% of annualized revenue; no immediate cash flow impact as no funds are obligated at award.

revenue

Risk Factors

  • No funds obligated at award — revenue recognition depends on future task orders and appropriations.
  • Government contract execution risk and potential for continuing resolution impacts on defense spending.
  • Contract is a modification to an existing program, not new business — limited incremental margin impact.

Investment Themes

Defense Tech

Documents Analyzed

This report is based on 1 federal contract record from official U.S. government contract data.

DocumentAccession Number
GOVT-CONTRACT Data (Synthetic)contract-FA867219D0001
30 reports for RTX
Performance horizon
67% Hit rate @ T+5 4 of 6 directional calls Went positive at some point 6 of 9 best @ T+60▲ +4.09%Apr 21, 2026
Filters
Rows
Reports for RTX — sortable, filterable
TypeNow
Oct 22, 2026
4d ago
GOVT-CONTRACT
NEUTRAL ★ 3/10
$192.23awaiting T+5—$195.01 (+1.45%)
Oct 21, 2026
5d ago
GOVT-CONTRACT
NEUTRAL ★ 3/10
$194.71awaiting T+5—$195.01 (+0.15%)
Oct 20, 2026
6d ago
8-K
BULLISH ★ 7/10
$193.34awaiting T+5—$195.01 (+0.86%)
Oct 20, 2026
6d ago
Press Release
BULLISH ★ 7/10
$193.34awaiting T+5—$195.01 (+0.86%)
Oct 16, 2026
9d ago
Institutional Cluster
BULLISH ★ 4/10
$192.11awaiting T+5—$195.01 (+1.51%)
Oct 13, 2026
13d ago
GOVT-CONTRACT
NEUTRAL ★ 3/10
$186.47 $191.60▲ +2.75%▲ +2.30%$195.01 (+4.58%)
Oct 12, 2026
14d ago
Press Release
NEUTRAL ★ 4/10
$186.66 $192.11▲ +2.92%▲ +4.41%$195.01 (+4.47%)
Oct 1, 2026
24d ago
Press Release
BULLISH ★ 6/10
$184.68 $185.97▲ +0.70%▼ −0.46%$195.01 (+5.59%)
Sep 28, 2026
27d ago
Press Release
BULLISH ★ 6/10
$186.94 $183.29▼ −1.95%▼ −3.90%$195.01 (+4.32%)
Sep 28, 2026
28d ago
Court Ruling
NEUTRAL ★ 3/10
$186.94 $183.29▼ −1.95%▼ −3.90%$195.01 (+4.32%)
Showing 10 of 30

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Report published Oct 22, 2026