Key Takeaways Raytheon landed a $205M deal for Phalanx CIWS production, upgrades, and related support. RTX posted$12B in Q2 defense bookings, lifting its backlog to $92B by June 30, 2025.Strong liquidity supports growth, but supply-chain woes and tariffs pose risks to RTX.RTX Corp.’s ((RTX) business segment, Raytheon, recently secured a contract worth$205 million for the continued production of the Phalanx Close-In Weapon System (“CIWS”). The company will also provide the upgrades, conversions, overhauls ...