Defense giants RTX Corp. (RTX) and Northrop Grumman (NOC) raised their 2026 profit forecasts in respective earnings reports on Tuesday morning, as global conflict and geopolitical uncertainty continue to provide a boon for some of the largest weapons suppliers to the US military. RTX Corp. is now projecting full-year 2026 adjusted earnings per share (EPS) of $7.65 to $7.75 per share, compared to a previous range of $7.10 to $7.25 per share. Full-year revenue projections also rose, now forecast at $97 billion to $97.5 billion for 2026, up from the prior forecast of $95 billion to $96 billion.
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