RTX's Franchises Stand to Benefit From Secular Aerospace Demand Growth and Rising Defense Budgets
RTX's businesses include Collins' aircraft components and systems, Pratt & Whitney's engines, and Raytheon's missiles, sensors, and communications offerings. The combined entity unites strong franchises in the commercial aerospace and defense contracting industries and is unique for its relatively even split between commercial and defense revenue; most other firms in the industry are heavily skewed toward one or the other.