$RTX Corp(RTX)$ The US defense industry usually signs between $200 billion and $350 billion in new contracts every year, depending on fiscal policies and changes. Take RTX for example. Its defense revenue hit $40.6 billion in 2024, making up 59% of its total sales. Even though they didn’t break down every single contract, the steady growth in defense revenue and market share says it all: government contracts are rolling in strong. Holding onto a giant like this just feels reassuring.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
