NEW YORK, January 1, 2026, 18:48 ET — Market closed
- RTX shares last closed down 0.33% at $183.40 on Dec. 31.
- Pratt & Whitney Canada settled an antitrust lawsuit over used engine sales, a court filing showed.
- Investors next watch Friday’s reopen, early-January U.S. data and RTX’s expected late-January results.
RTX’s Pratt & Whitney Canada unit has settled an antitrust lawsuit accusing it of blocking competition in sales of used regional aircraft engines and parts, a court filing showed. RTX shares (RTX.N) last closed down 0.33% at $183.40 on Dec. 31, the final session of 2025. The plaintiff, Universal Turbine Parts, had sought more than $150 million in damages; settlement terms were not disclosed. Reuters
The case matters because it sits in the “aftermarket” — the maintenance, repairs and spare-parts business that follows an engine’s initial sale. That segment can generate steady, high-margin cash flows for aerospace suppliers.
Investors are watching for any sign that the settlement results in a one-time charge or changes to how engines and parts reach third-party buyers. If disclosure comes, it is more likely to surface in filings or during the next earnings update than in day-to-day trading.
Broader risk appetite was soft in the last session of the year, when the S&P 500 fell 0.74%, the Nasdaq dropped 0.76% and the Dow ended down 0.63%, Reuters reported. “I do not expect that the last few days will have so much bearing on the performance of the next year,” said Giuseppe Sette, co-founder and president of Reflexivity. Reuters also noted thin holiday trading conditions and that U.S. markets were closed on Thursday for New Year’s Day. Reuters
RTX traded between $182.64 and $184.40 on Dec. 31, with about 2.64 million shares changing hands, according to Yahoo Finance historical data. The stock’s latest close left it below its recent 52-week high of $188.00, based on Investing.com data. Yahoo Finance
Peers also finished lower in the year’s final session, with Lockheed Martin down 0.89% and Northrop Grumman off 0.76%, according to a MarketWatch roundup of defense names.
On the news flow, the Pentagon said Raytheon Co., an RTX business, was among awardees on a Defense Microelectronics Activity contract with a program ceiling of $25.357 billion. The award is an “indefinite-delivery/indefinite-quantity” contract, meaning it sets terms and a maximum value, but work and funding come through later task orders. U.S. Department of War
What traders are watching now is simple: any follow-on disclosure from the settlement, and whether the defense sector resumes its bid when cash equities reopen on Friday. Contract headlines can move sentiment day-to-day, but earnings and guidance tend to drive the bigger resets.
Before the next session on Jan. 2, investors have an eye on the ISM manufacturing PMI, scheduled for 10:00 a.m. ET. The PMI is a survey-based gauge of factory activity that can shift rate expectations and cyclicals in early January trading.
The next major macro test is the U.S. employment report for December, due Jan. 9, according to the Bureau of Labor Statistics’ release calendar. Bond yields often react sharply to payrolls data, and rate moves can feed into the valuation of large industrials.
Company-specific attention is building toward RTX’s next quarterly report, expected around Jan. 27, based on historical reporting patterns tracked by Zacks. That timing overlaps with the Federal Reserve’s Jan. 27–28 policy meeting, raising the odds that earnings headlines compete with interest-rate messaging in the same week.
On the chart, traders will be watching whether RTX holds above the $182.64 session low from Dec. 31. A move back through the $184–$185 area would signal buyers returning after the year-end drift.
