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RTX raises 2025 forecast as strong demand offsets tariff worries
Yahoo Finance· 2025-10-21 18:57
By Utkarsh Shetti and Mike Stone (Reuters) -RTX raised its full-year profit and revenue forecast on Tuesday, as the aerospace and defense giant signals confidence in its ability to weather the impact of tariffs in the wake of rising demand for its missiles and aftermarket services. The Trump administration's trade war had pushed RTX to slash its profit outlook in July and expect $500 million in tariff costs this year. But a shortage of new commercial jets has continued to drive sales at maintenance and ...