Key Points Recent contracts and framework agreements could significantly boost future revenue. RTX's backlog offers long-term, lower-risk revenue compared to some competitors. 10 stocks we like better than RTX › RTX (NYSE: RTX) CEO Chris Calio's presentation at the Morgan Stanley 14th Annual Laguna Conference last week highlighted the importance of its remaining performance obligations (RPO), or backlog, of $289 billion, as well as the potential for future growth. It's clear that RTX isn't resting on the laurels of its existing RPO, and there's a good chance it could rise in line with the Wall Street consensus (according to Visible Alpha) to $460.5 billion by the end of 2028.
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