RTX has reported third-quarter (Q3) sales of US$20.1 billion, a 6% increase from the previous year. Adjusted sales also stood at US$20.1 billion. GAAP EPS was US$1.09, including US$0.31 of acquisition accounting adjustments and US$0.05 of restructuring and other one-off charges. Adjusted EPS was US$1.45, a 16% rise from the previous year. Net income attributable […]
RTX reports strong Q3 2024 sales growth Read More »
Collins Aerospace, an RTX business, has marked the ground-breaking of its expansion at the Spokane carbon brake production facility. Local government officials, community leaders, industry partners and Collins Aerospace leadership gathered to celebrate this milestone at the manufacturing site. The expansion will add 70,000 ft² to the facility, increasing its footprint by 50% to enhance
Collins Aerospace breaks ground on Spokane facility expansion Read More »
U.S. aerospace and defence company RTX has raised its full-year earnings forecast and beat estimates for second-quarter profit on Thursday, July 25, according to REUTERS, aided by a rebound in the broader commercial aviation sector. RTX stock hit an all-time high, trading up 8% at US$113 in New York. Airlines are flying older aircraft to
RTX raises full-year earnings forecast amid aviation sector rebound Read More »
RTX has reported first-quarter sales of US$19.3 billion, marking a 12% increase over the previous year. GAAP EPS rose by 32% to US$1.28, which included various adjustments such as acquisition accounting adjustments, tax audit settlements, and gains related to divestiture. Adjusted EPS stood at US$1.34, reflecting a 10% increase compared to the prior year. RTX
RTX reports strong first-quarter sales growth Read More »
RTX has reported fourth quarter sales of US$19.9 billion, up 10% over the prior year, which included a benefit of US$0.1 billion related to a customer settlement. On an adjusted basis, sales were US$19.8 billion, up 10% over the prior year. GAAP EPS from continuing operations of US$1.05 was up nine percent versus the prior
RTX delivers 10% sales growth in fourth quarter 2023 Read More »
In a planned leadership transition, RTX has announced that President and Chief Operating Officer (COO) Christopher T. Calio will succeed Gregory J. Hayes as Chief Executive Officer (CEO) at the 2024 RTX annual shareowners meeting scheduled for May 2, 2024. Hayes will continue to serve as Executive Chairman of RTX. Calio has also been appointed to the company’s Board of
Christopher T. Calio appointed as CEO to succeed Gregory J. Hayes at RTX Read More »
