The Best Aerospace and Defense Stock to Buy Now

The Best Aerospace and Defense Stock to Buy Now

Investors in Raytheon Technologies (NYSE: RTX) likely already know that the aerospace and defense giant has a stated goal of hitting $10 billion in free cash flow (FCF) in 2025. Whether those investors believe the company can reach that goal or not probably plays some role in the stock's movement from quarter to quarter. CEO Greg Hayes discussed the 2025 guidance on the earnings call, telling investors that $9 billion in FCF was a more realistic aspiration now.