RTX Corp. Announces First Quarter Financial Results

RTX Corp. has unveiled its first-quarter financial performance, showcasing a 5% increase in revenue, reaching $20.3 billion year-over-year. Despite this growth, the company faced 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 Highlights

The company's segments displayed varied results: Collins Aerospace saw an 8% sales rise to $7.2 billion, Pratt & Whitney experienced a 14% revenue increase to $7.4 billion, while Raytheon encountered a 5% sales decrease, totaling $6.3 billion.

2025 Financial Outlook

Looking ahead, RTX has outlined its 2025 guidance, projecting adjusted sales between $83 billion and $84 billion. This forecast includes an organic growth of 4% to 6% and an adjusted EPS of $6.00 to $6.15.

Leadership's Perspective

CEO Chris Calio remarked, "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." The company boasts a backlog of $217 billion, comprising $125 billion in commercial and $92 billion in defense sectors.