RTX (RTX) Is Up 6.0% After US$1.10 Billion Navy Missile Deal And Index Exit - Has The Bull Case Changed?

In late June 2026, RTX’s Raytheon business secured a US$1.10 billion contract from the U.S. Navy to produce AIM-9X Block II missiles, alongside a reaffirmed quarterly dividend of US$0.73 per share and a subsequent removal of RTX from the Russell 1000 Dynamic Index.
The sizeable AIM-9X award, coupled with plans to lift missile output to 2,500 units annually, underscores how defense demand and production scaling are increasingly central to RTX’s mix of risks and opportunities.
We’ll now...