RTX — Jul 22, 2025 release

Second quarter 2025 • Sales of $21.6 billion, up 9 percent versus prior year, and up 9 percent organically* excluding divestitures • GAAP EPS of $1.22, including $0.28 of acquisition accounting adjustments and $0.06 of restructuring and other net significant and/or no n-recurring items • Adjusted EPS* of $1.56 , up 11 percent versus prior year • Operating cash flow of $0.5 billion ; free cash outflow* of $0.1 billion • Company backlog of $236 billion, including $144 billion of commercial and $92 billion of defense • Returned $0.9 billion of capital to shareowners and raised the quarterly dividend 8 percent • Reached agreement to sell Collins’ Simmonds Precision Products business for $765 million Updates outlook for full year 2025 • Outlook reflects strong first half operational performance and incorporates the expected impact of tariffs and changes associated with recently enacted tax legislation • Adjusted sales* of $84.75 - $85.5 billion, up from $83.0 - $84.0 billion • Organic sales growth* of 6 to 7 percent, up from 4 to 6 percent • Adjusted EPS* of $5.80 - $5.95, down from $6.00 - $6.15 • Confirms free cash flow* of $7.0 - $7.5 billion “We continued our momentum in the second quarter with organic sales and profit growth* across all three segments, including 16 percent commercial aftermarket growth,” said RTX Chairman and CEO Chris Calio. “Our backlog grew to $236 billion, up 15 percent versus prior year, and we secured major awards for our geared turbofan engines and integrated air and missile defense capabilities in the quarter.” “Our updated outlook reflects strong operational performance in the first half and incorporates our current assessment of the impact of tariffs. We are focused on delivering on the strong growth in our commercial and defense end markets and remain well positioned to drive long term profitable growth.” 1 *Adjusted net sales (also referred to as adjusted sales), organic sales, adjusted operating profit (loss) and margin percentage (ROS), adjusted segment operating profit (loss) and margin percentage (ROS), adjusted net income, adjusted earnings per share (“EPS”), adjusted effective tax