Investment Thesis
RTX Corporation combines Pratt & Whitney propulsion, Collins Aerospace avionics, and Raytheon defense systems to serve commercial aerospace and defense customers worldwide.
- Commercial Recovery: Pratt & Whitney geared turbofan engines benefit from rising Airbus narrowbody production and decades of aftermarket service.
- Defense Demand: Raytheon missiles, sensors, and integrated air and missile defense systems address elevated geopolitical threats.
- Aftermarket Resilience: Collins Aerospace generates recurring revenue from avionics, interiors, and mission systems upgrades.