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Confirmed

Aerospace & Defense · RTX

5 names are moving together; 20% are participating in the current session.

Co-movement

Observed intraday paths are not available for this group yet.

Members

TICKERCompanySectorTodayObserved activity
RTXRTX CorporationIndustrials-1.4%Most structurally connected
LHXL3Harris Technologies, Inc.Industrials+0.5%Group member
HIIHuntington Ingalls Industries,Industrials-1.7%Group member
LMTLockheed Martin CorporationIndustrials-1.1%Group member
NOCNorthrop Grumman CorporationIndustrials-2.5%Group member

Why we believe this

Cohort

5 names

Participation

20% this session

Observed history

1 daily builds

Filing coverage

5/5 members

credit / rates affecting interest expense

The increase in Interest expense of $0.3 billion was primarily due to long-term debt issuances and term loan borrowings in 2023, partially offset by the reversal of interest accruals as a result of the conclusion of the examination phases of certain RTX and Rockwell Collins tax audits in the first quarter of 2024.

RTX 10-K

product pipeline / R&D affecting expense

The decrease in company-funded research and development of $0.1 billion in 2025 compared to 2024, was primarily driven by lower spending on military and commercial programs at Collins and Pratt & Whitney, partially offset by higher expenses on development programs at Raytheon.

RTX 10-K

demand / volume affecting revenue

Ingalls revenues, including intersegment sales, for the nine months ended September 30, 2025, increased $158 million, or 8%, from the same period in 2024, primarily driven by higher volumes in surface combatants, partially offset by lower volumes in amphibious assault ships.

HII 10-Q

Aerospace & Defense can stay leader-led if NOC and the next software names fail to join while RTX keeps moving.

Connected, outside the group

No high-confidence filing-linked non-members are available for this group yet.

History

Historical cohort observations are not available yet.