BUZZ - RTX shares rise after raising annual profit and revenue forecasts

October 20 - ** Shares of defense contractor RTX (RTX.N) rose nearly 3% in pre-market trading, reaching $196

** The company raised its link full-year profit and revenue forecasts, as sustained growth in demand for commercial aerospace services and military projects pushed its order backlog to a record $340 billion and boosted third-quarter results

** RTX expects adjusted earnings per share in 2026 to be between $7.65 and $7.75, up from the previous forecast of $7.10 to $7.25

** The company also raised its sales forecast range from $95 billion-$96 billion to $97 billion-$97.5 billion

** Adjusted earnings per share for the third quarter rose to $2.26 from $1.70 a year ago, and sales grew 11% to $24.97 billion

** As of the previous trading day's close, shares had gained about 5% year-to-date

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