RTX subsidiary Raytheon manufactured the interceptors used by the U.S. Navy to stop Iranian cruise missiles in the Strait of Hormuz. This high-profile engagement underscores the critical role of the company’s hardware in active global conflicts.
Analysts expect the use of the Standard Missile family, Tomahawk cruise missiles, and the Patriot system to drive increased orders. Raytheon reported a 10% revenue increase in the first quarter of 2026. Sustained demand for naval munitions and Patriot systems drove this growth.