RTX Corporation

Force in Play

Maker of the Patriot system and its radar

The State Department approved a possible $2.1 billion sale of 500 Patriot PAC-3 MSE interceptors to Ukraine on October 30. Canada, Germany and Norway are paying through a US fast-track program, with a European Union loan covering the rest, and no US government money is involved.

Updated Oct 31

Money Moves

As of June 2026: Seller

MDA Space, a Canadian space-systems company, agreed on June 19, 2026 to buy Blue Canyon Technologies for US$620 million in cash. Blue Canyon builds small satellites and spacecraft parts at two plants near Denver, and it currently belongs to RTX's Raytheon business.

Updated Jun 19

Force in Play

As of May 2026: Singled out by Trump as "least responsive," stock up 4.8% anyway

Trump wants to spend $1.5 trillion on defense in 2027—a jaw-dropping 66% jump from this year's $901 billion. This would be the largest single-year defense increase since the Korean War.

Updated May 19