RTX Corporation (NYSE:RTX ) Bernstein 41st Annual Strategic Decisions Conference May 28, 2025 11:00 AM ET Company Participants Chris Calio - Chairman and Chief Executive Officer Conference Call Participants Doug Harned - Bernstein Doug Harned Okay. Well, why don't we get started here.
Striking workers at RTX's Pratt & Whitney approved the company's second contract offer on Tuesday by 74%, according to the International Association of Machinists and Aerospace Workers.
RTX has already benefited from the robust defense/travel spending trends, as observed in the growing backlogs and expanding organic sales. Despite the ~$850M potential tariff impact on its annualized adj operating profit, we believe that the bottom-line impact may be temporary. This is especially true since 70% of RTX's manufacturing capacity and 65% of its suppliers are based within the US, as the management also intensifies their US-based manufacturing capacity expansions.
RTX edges out LHX with stronger short-term solvency, commercial growth and a better 2025 earnings outlook despite a higher debt load.
RTX (RTX) reported earnings 30 days ago. What's next for the stock?
RTX's unit, Raytheon, secures a contract to aid the AIM-9X Systems for the U.S. Navy, Air Force, Army and Foreign Military Sales customers.
RTX's unit, Raytheon, secures a $1 billion contract to produce and deliver up to 55 SM-3 Block IB All-Up Rounds.
RTX ships its first AN/TPY-2 radar, equipped with complete GaN technology, to the U.S. Missile Defense Agency.
RTX and the union representing around 3,000 striking U.S. Pratt & Whitney workers are resuming talks on Thursday as the stoppage continues in its third week, spokespeople for both the company and union said on Monday.
RTX's unit, Raytheon, secures a $581 million contract from the U.S. Navy involving the Next Generation Jammer Mid-Band (NGJ-MB) System.
Representative Josh Gottheimer's latest stock disclosure, as picked up by Finbold's Congressional trading radar, revealed a suspiciously timed Raytheon (NYSE: RTX) purchase.
RTX's unit, Raytheon, secures a $2.13 billion contract to support the SM-3 missile program.