Can Electronic Warfare Demand Support RTX's Defense Growth?

RTX Corporation RTX continues to benefit from demand for advanced electronic warfare capabilities as the U.S. Navy works to strengthen the survivability and effectiveness of its aircraft fleet. Its Raytheon business recently received a $50.1 million ceiling-priced delivery order to repair 98 Weapon Repairable Assemblies supporting the EA-18G Next Generation Jammer-Mid Band system. The work will be performed in Forest, MS, and El Segundo, CA, and is expected to be completed by March 2030. The award highlights the Navy's continued focus on maintaining critical electronic warfare equipment and ensuring the availability of systems deployed on the EA-18G Growler.