RTX Corp. Q1 Financial Performance

RTX Corp. has announced its first-quarter revenue reached $20.3 billion, marking a 5% increase year-over-year. Despite the growth in sales, the company experienced a 10% decline in net income, which settled at $1.5 billion, and an 11% drop in earnings per share (EPS) to $1.14.

Segment Performance Overview

Breaking down the performance by segments: Collins Aerospace saw an 8% rise in sales to $7.2 billion, Pratt & Whitney reported a 14% increase in revenue to $7.4 billion, while Raytheon faced a 5% decrease in sales, totaling $6.3 billion.

2025 Financial Guidance

Looking ahead, RTX has set its 2025 guidance with adjusted sales projected between $83 billion and $84 billion, including an organic growth of 4% to 6% and an adjusted EPS of $6.00 to $6.15.

CEO's Perspective

"The current environment is clearly very dynamic, but our company is well positioned to perform operationally and our teams remain focused on executing on our commitments and delivering our robust backlog," stated CEO Chris Calio. The company's backlog stands at $217 billion, comprising $125 billion in commercial and $92 billion in defense sectors.