RTX Corp, the parent company of Raytheon, has announced plans to double the global production rate of Stinger missiles. The decision marks a significant expansion in manufacturing capacity for the portable air-defense system.
The announcement comes as RTX Corp trades on the New York Stock Exchange. As of July 8, 2026, the company's stock price stood at $197.33, reflecting a decrease of $3.52, or 1.75 percent, from the previous close of $200.85. Trading volume for the day reached approximately 1.09 million shares.
Market data indicates that RTX shares have experienced volatility over the past few months. The stock hit a high of $200.41 during the trading session on July 8, with a low of $196.50. The year-to-date performance shows the stock trading well above its 52-week low of $142.98, though it remains below its 52-week high of $214.50.
Financial metrics for RTX Corp show a market capitalization of roughly $265.74 billion. The company reported earnings per share of $5.33, resulting in a price-to-earnings ratio of 33.03. The price-to-book ratio stands at 3.58.
RTX Corp continues to pay dividends to shareholders. The most recent dividend payment of $0.73 per share was payable on June 11, 2026. The company has indicated an upcoming ex-dividend date of August 14, 2026, with the corresponding payment scheduled for September 3, 2026.
The trailing dividend rate is listed at $3.45, while the forward dividend rate is projected at $2.92, yielding a forward dividend yield of 1.45 percent.
