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RTX Corporation stock faces headwinds from Pratt & Whitney engine recalls and missile settlement ami
RTX Corporation faces significant financial headwinds from a $1 billion missile settlement liability and $2.8 billion in Pratt & Whitney engine recall costs. Despite these challenges, the company benefits from a record $202 billion defense backlog, driven by strong demand for military hardware like F-35 engines and Patriot missile interceptors amidst global tensions. The stock remains a key holding for US investors due to its role in Pentagon spending and Dividend Aristocrat status, with its defense segments providing insulation against commercial aerospace volatility.