Quarterly report

Summary

• Total net sales rose to $24,708 million for the quarter ended June 30, 2026 from $21,581 million a year earlier, and net income attributable to common shareowners was $2,139 million versus $1,657 million.
• Total backlog was $289 billion as of June 30, 2026, including commercial backlog of $170 billion and defense backlog of $119 billion, up from $268 billion at December 31, 2025.
• Raytheon recorded $20 billion in defense bookings in the quarter, including $3.7 billion for Patriot GEM-T interceptors for Ukraine, $988 million for Patriot GEM-T for Poland through NSPA, and $542 million for Standard Missile-3 for the Missile Defense Agency.
• On June 19, 2026, RTX entered a definitive agreement to sell its Blue Canyon Technologies business within the Raytheon segment for proceeds of approximately $0.6 billion, subject to regulatory approvals.
• Pratt & Whitney booked $3.8 billion for F135 production during the six months and segment net sales rose 16% to $8,889 million for the quarter.
• The Act enacted July 4, 2025 provides a supplementary $156.2 billion to the DoW through 2029, including $24.4 billion for the Golden Dome for America missile defense project and $25.4 billion for munitions and supply chain resiliency.

Why it mattersThe filing details rising defense bookings driven by Patriot, Standard Missile, and F135 programs and quantifies backlog growth to $289 billion. It also discloses the pending divestiture of the Blue Canyon Technologies satellite business.