RTX Corporation Secures Major Order for SharpSight Radars from Blue Raven
RTX Corporation (NYSE: RTX) announced on May 6, 2026, that its Raytheon business has received a significant order for 120 SharpSight radars from Blue Raven. This transaction represents the largest order to date for the multi-domain surveillance radar system, which supports critical operations including border security, search and rescue, anti-surface warfare, and long-range surveillance for both manned and autonomous platforms. Under the agreement, RTX will handle manufacturing and sustainment, while Blue Raven manages global resale and distribution, aiming to expand market availability worldwide. Additionally, RTX reported that AirAsia ordered 150 Airbus A220 aircraft equipped with Pratt & Whitney GTF engines, accompanied by a 12-year maintenance contract. Wall Street analysts maintain a Moderate Buy rating for RTX stock, citing an average upside potential of 26%. As a major player in the aerospace and defense sector, RTX operates through Collins Aerospace, Pratt & Whitney, and Raytheon, serving commercial, military, and government clients globally. This development underscores RTX's continued strength in defense technology contracts and commercial aviation partnerships.
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