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An aerospace and defense giant that builds jet engines, aircraft cabins, and missile-defense systems under three famous names: Pratt & Whitney, Collins Aerospace, and Raytheon. Pratt & Whitney's GTF engines power thousands of airliners and its F135 engine drives the F-35 fighter, while Raytheon's Patriot, AMRAAM, and SM-3 systems protect militaries around the world. The company came together in 2020 when Raytheon merged with United Technologies' aerospace businesses, taking the name RTX from the two.
7.50% Corporate Equity Units due 08/01/15, convertible mandatory preferred equity units with 0 stated amount — Matured 08/01/15; company merged with Raytheon in 2020 to form RTX Corporation
RTX reports Q2 2026 sales of $24.7B, up 14%, and raises full-year 2026 outlook.
Second quarter 2026 sales were $24.7 billion, up 14 percent versus prior year, and up 16 percent organically.
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GAAP EPS was $1.57, including $0.27 of acquisition accounting adjustments and $0.05 of restructuring and other net significant and/or non-recurring items; adjusted EPS was $1.89, up 21 percent.
Operating cash flow was $3.5 billion and free cash flow was $2.9 billion in the quarter.
Company backlog was $289 billion, including $170 billion commercial and $119 billion defense.
Full-year 2026 outlook raised: adjusted sales of $95.0-$96.0 billion, adjusted EPS of $7.10-$7.25, and free cash flow of $8.50-$8.75 billion.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits
RTX shareholders elect 10 directors and approve executive compensation and PwC as auditor at 2026 annual meeting.
RTX Corporation held its 2026 Annual Meeting of Shareowners on April 30, 2026, with a quorum of 1,194,489,831 shares present.
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All 10 director nominees were elected, each receiving over 975 million votes for, with Robert O. Work receiving the lowest support at 975,945,794 votes for.
Shareholders approved, on an advisory basis, the compensation of named executive officers, with 1,006,669,958 votes for and 35,108,448 against.
The appointment of PricewaterhouseCoopers LLP as independent auditor for 2026 was approved with 1,136,798,685 votes for.
The report was filed under Item 5.07 to disclose the final voting results of the matters submitted to a shareholder vote.
5.07 Submission of Matters to a Vote of Security Holders
RTX initiates buy-out of $2.5B pension obligations to Prudential
On November 7, 2025, RTX Corporation initiated a buy-out conversion of a group annuity contract with Prudential for its Consolidated Pension Plan.
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The transaction transfers approximately $2.5 billion of gross pension obligations and about 60,000 retirees and beneficiaries (roughly one-third of the Plan's total) to Prudential.
No additional funding contribution is required from RTX, and benefit amounts for transferred participants will not change.
RTX expects a one-time, non-cash pretax pension settlement charge of approximately $300 million in Q4 2025, subject to final actuarial assumptions.
The transaction is expected to close by December 30, 2025, subject to customary closing conditions.
RTX reports Q3 2025 sales of $22.5B, up 12%, and raises 2025 adjusted sales and EPS outlook
Third quarter 2025 sales were $22.5 billion, up 12% versus prior year, with organic sales up 13% excluding divestitures.
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GAAP EPS was $1.41, including $0.29 of acquisition accounting adjustments, $0.01 of restructuring, and a $0.01 benefit from other net significant and/or non-recurring items.
Adjusted EPS was $1.70, up 17% versus prior year; adjusted net income was $2.3 billion, up 19%.
Operating cash flow was $4.6 billion and free cash flow was $4.0 billion in the quarter.
Company raised full-year 2025 outlook: adjusted sales of $86.5-$87.0 billion (up from $84.75-$85.5 billion) and adjusted EPS of $6.10-$6.20 (up from $5.80-$5.95), while confirming free cash flow of $7.0-$7.5 billion.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits
On September 19, 2025, RTX Corporation discovered a ransomware incident on systems supporting its MUSE passenger processing software, which is used by multiple airlines for check-in, gate, and baggage handling at airports.
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The MUSE airport systems operate on customer-specific networks outside RTX's enterprise network.
RTX activated its incident response plan, is investigating with internal and external cybersecurity experts, and has notified law enforcement and other government agencies.
Affected airlines and airports have shifted to backup or manual processes, resulting in some flight delays and cancellations.
RTX stated the incident has not had and is not reasonably expected to have a material impact on its financial condition, business operations, or results of operations.