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RTX Corporation stock faces headwinds from missile settlement and supply chain woes amid surging defense demand
RTX Corporation is experiencing headwinds from a $1 billion missile liability settlement and ongoing Pratt & Whitney engine recalls, impacting its stock performance. Despite these challenges, the company benefits from significant defense contracts, including record F-35 orders and hypersonic programs, buoyed by increasing geopolitical tensions and robust defense budgets. Investors are weighing these short-term execution issues against RTX’s dominant position in the US defense sector and strong long-term demand.