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Can Electronic Warfare Demand Support RTX's Defense Growth?
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Key Takeaways
RTX secured a $50.1M Navy order to repair 98 assemblies for the Next Generation Jammer-Mid Band system.
RTX's repair work supports the EA-18G Growler and is expected to be completed by March 2030.
Navy investment in electronic warfare and aircraft survivability could support sustained demand for RTX.
RTX Corporation (RTX - Free Report) 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.
The Next Generation Jammer-Mid Band system is designed to provide advanced electronic attack capabilities, helping aircraft disrupt or degrade enemy radar and communications systems. Such capabilities are increasingly important as military forces face more sophisticated air defense and electronic warfare threats.
The repair order also demonstrates the recurring opportunities available through the lifecycle support of advanced defense systems. As the EA-18G fleet continues to operate, demand for repairs, maintenance and replacement of critical assemblies can provide a steady source of work for RTX.
With the U.S. Navy continuing to invest in electronic warfare and aircraft survivability, RTX’s expertise in jamming, sensors and mission systems positions it to benefit from sustained demand. Continued support for the Next Generation Jammer program could provide additional opportunities across its broader electronic warfare portfolio.
Defense Stocks to Keep on the Radar
Rising demand for electronic warfare and aircraft survivability systems could also benefit other defense contractors with established capabilities in this market.
Northrop Grumman (NOC - Free Report) : Northrop Grumman develops electronic warfare systems for military aircraft, including solutions designed to detect, identify and counter threats. Its electronic warfare portfolio supports demand for advanced aircraft protection.
L3Harris Technologies (LHX - Free Report) : L3Harris provides electronic warfare and communications systems for U.S. and allied forces. Its technologies support aircraft survivability by helping detect and counter increasingly sophisticated electromagnetic threats.
The Zacks Rundown for RTX
Shares of RTX have surged 11.7% in the past year against the industry’s 16.2% decline.
Image Source: Zacks Investment Research
The company’s shares are trading at a premium on a relative basis, with its forward 12-month Price/Sales being 2.50X compared with its industry’s average of 2.19X.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for RTX’s 2026 earnings has moved north over the past 60 days.
Image Source: Zacks Investment Research
RTX stock currently carries a Zacks Rank #2 (Buy).
View the Zacks #1 Rank List
Image: Bigstock
Can Electronic Warfare Demand Support RTX's Defense Growth?
Key Takeaways
RTX Corporation (RTX - Free Report) 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.
The Next Generation Jammer-Mid Band system is designed to provide advanced electronic attack capabilities, helping aircraft disrupt or degrade enemy radar and communications systems. Such capabilities are increasingly important as military forces face more sophisticated air defense and electronic warfare threats.
The repair order also demonstrates the recurring opportunities available through the lifecycle support of advanced defense systems. As the EA-18G fleet continues to operate, demand for repairs, maintenance and replacement of critical assemblies can provide a steady source of work for RTX.
With the U.S. Navy continuing to invest in electronic warfare and aircraft survivability, RTX’s expertise in jamming, sensors and mission systems positions it to benefit from sustained demand. Continued support for the Next Generation Jammer program could provide additional opportunities across its broader electronic warfare portfolio.
Defense Stocks to Keep on the Radar
Rising demand for electronic warfare and aircraft survivability systems could also benefit other defense contractors with established capabilities in this market.
Northrop Grumman (NOC - Free Report) : Northrop Grumman develops electronic warfare systems for military aircraft, including solutions designed to detect, identify and counter threats. Its electronic warfare portfolio supports demand for advanced aircraft protection.
L3Harris Technologies (LHX - Free Report) : L3Harris provides electronic warfare and communications systems for U.S. and allied forces. Its technologies support aircraft survivability by helping detect and counter increasingly sophisticated electromagnetic threats.
The Zacks Rundown for RTX
Shares of RTX have surged 11.7% in the past year against the industry’s 16.2% decline.
Image Source: Zacks Investment Research
The company’s shares are trading at a premium on a relative basis, with its forward 12-month Price/Sales being 2.50X compared with its industry’s average of 2.19X.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for RTX’s 2026 earnings has moved north over the past 60 days.
Image Source: Zacks Investment Research
RTX stock currently carries a Zacks Rank #2 (Buy).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.