RTX Wins Key Defense Contracts as Cramer Highlights Stock's Political Tailwinds

RTX Corporation (NYSE:RTX) is one of the 12 Jim Cramer Stock Picks this Week.

The company benefits from the broader political narrative and gets picked by Cramer.

On September 10, 2025, RTX Corporation (NYSE:RTX)’s Pratt & Whitney secured a TF33 engine sustainment contract for NATO’s E-3 Sentry fleet. This was followed by a $760 million contract from the U.S. Air Force on September 9, and a $205 million contract for the continued production of the Phalanx Close-In Weapon System on September 8.

Following these developments, Jim Cramer picked the stock as he believed that RTX Corporation (NYSE:RTX) fits into both the aerospace and defense themes, particularly since President Donald Trump favors and therefore benefits the U.S.’s defense spending.

The Insider Monkey database noted 71 hedge funds holding stakes in RTX Corporation (NYSE:RTX)’s ownership as of the second quarter of 2025, suggesting that the stock is backed by strong institutional interest.

RTX Corporation (NYSE:RTX) is a multinational aerospace and defence company based in Virginia. The company was formed in 2020 through the merger of Raytheon Company and United Technologies Corporation’s aerospace businesses. It develops and manufactures a wide range of advanced systems, including aircraft engines, avionics, missiles, and defence systems.

While we acknowledge the potential of RTX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure. None.