Published
# RTX Corporation: Material Events (through October 20, 2026) ## Filings that contain financial statements Each earnings release below is furnished as Exhibit 99 to a Form 8-K and carries condensed consolidated results, segment tables and non-GAAP reconciliations. - Form 8-K filed October 20, 2026, accession 0000101829-26-000030: third quarter and nine months ended September 30, 2026. Statement of operations, segment net sales and operating profit, balance sheet (September 30, 2026 against December 31, 2025), and statement of cash flows. - Form 8-K filed July 23, 2026, accession 0000101829-26-000025: second quarter and six months ended June 30, 2026. Same set of statements. - Form 8-K filed April 21, 2026, accession 0000101829-26-000009: first quarter ended March 31, 2026. - Form 8-K filed January 27, 2026, accession 0000101829-26-000003: fourth quarter and full year ended December 31, 2025. ## Earnings and guidance **October 20, 2026: third quarter 2026 results and raised outlook (0000101829-26-000030).** - Sales were $24,965 million, up 11 percent (12 percent organic). GAAP EPS was $1.89 against $1.41; adjusted EPS was $2.26, up 33 percent, including $0.25 from recovery of costs tied to the International Emergency Economic Powers Act (IEEPA). - Operating cash flow was $2,868 million and free cash flow $2,119 million, against $4,639 million and $4,025 million a year earlier. Operating cash flow included about $0.3 billion of IEEPA recovery. - Backlog was $340 billion: $176 billion commercial and $164 billion defense. RTX said Tomahawk and AMRAAM multi-year undefinitized production contracts were awarded in the quarter. - Pratt & Whitney reported operating profit of $608 million, down 19 percent, after a $363 million charge related to a customer bankruptcy; adjusted operating profit was $968 million. Collins Aerospace operating profit was $1,789 million and Raytheon $1,133 million. - Full-year 2026 outlook was raised: adjusted sales to $97.0 to $97.5 billion (from $95.0 to $96.0 billion), organic growth to 10 to 11 percent (from 8 to 9 percent), adjusted EPS to $7.65 to $7.75 (from $7.10 to $7.25), and free cash flow to $9.0 to $9.2 billion (from $8.50 to $8.75 billion). **July 23, 2026: second quarter 2026 results and raised outlook (0000101829-26-000025).** - Sales were $24.7 billion, up 14 percent (16 percent organic); GAAP EPS $1.57; adjusted EPS $1.89, up 21 percent. Operating cash flow was $3.5 billion and free cash flow $2.9 billion. Backlog was $289 billion ($170 billion commercial, $119 billion defense). - Outlook raised to adjusted sales of $95.0 to $96.0 billion, adjusted EPS of $7.10 to $7.25, and free cash flow of $8.50 to $8.75 billion. **April 21, 2026: first quarter 2026 results (0000101829-26-000009).** - Sales were $22.1 billion, up 9 percent (10 percent organic); GAAP EPS $1.51; adjusted EPS $1.78, up 21 percent. Operating cash flow was $1.9 billion and free cash flow $1.3 billion. Backlog was $271 billion. - Adjusted sales and adjusted EPS outlook raised (to $92.5 to $93.5 billion and $6.70 to $6.90); free cash flow outlook of $8.25 to $8.75 billion confirmed. **January 27, 2026: fourth quarter and full year 2025 results and 2026 outlook (0000101829-26-000003).** - Full-year 2025 sales were $88.6 billion, up 10 percent; GAAP EPS $4.96; adjusted EPS $6.29; operating cash flow $10.6 billion; free cash flow $7.9 billion. Fourth-quarter backlog was $268 billion. - Initial 2026 outlook: adjusted sales of $92.0 to $93.0 billion. ## M&A and portfolio - **Blue Canyon Technologies sale: signed, not closed.** The July 23, 2026 release (0000101829-26-000025) says RTX "reached an agreement to sell" Raytheon's Blue Canyon Technologies business for $620 million. The quarterly report for the period ended September 30, 2026 (accession 0000101829-26-000031) states a definitive agreement was entered into on June 19, 2026 for proceeds of about $0.6 billion, with closing subject to regulatory approvals and customary conditions. No filing reviewed reports a closing. - **Simmonds Precision Products divestiture: closed.** The January 27, 2026 release (0000101829-26-000003) lists "Completed the divestiture of Collins' Simmonds Precision Products business" among fourth-quarter 2025 highlights. ## Legal and regulatory - **Navy administrative agreement, September 21, 2026.** The Form 10-Q (0000101829-26-000031) states Raytheon Company and RTX entered into a three-year Administrative Agreement with the Department of the Navy Acquisition Integrity Office, whose officials determined suspension or debarment proceedings are not necessary. It carries cooperation and disclosure obligations, and the companies remain eligible for U.S. government contracts. The compliance monitor engaged in April 2026 under the deferred prosecution agreements also serves under this agreement. No separate Form 8-K for this agreement was among the filings reviewed. ## Management and board - **September 15, 2026 (0001140361-26-036662):** Shane Eddy will step down as president of Pratt & Whitney effective January 1, 2027 and retire at the end of the first quarter of 2027. Jill Albertelli, president of Pratt & Whitney's Military Engines business, succeeds him effective January 1, 2027. - **March 5, 2026 (0001140361-26-008070):** Director James A. Winnefeld Jr. resigned effective that day, not from any disagreement; the board shrank from eleven to ten. - **May 4, 2026 (0001140361-26-018932):** Annual meeting held April 30, 2026. All ten director nominees were elected, executive pay was approved on an advisory basis, and PricewaterhouseCoopers LLP was ratified as auditor for 2026. ## Capital actions and other - **Pension annuity buy-out, November 13, 2025 (0000101829-25-000044).** RTX initiated a buy-out conversion with Prudential transferring about $2.5 billion of gross pension obligations covering approximately 60,000 retirees, with no added funding and an expected one-time non-cash pretax settlement charge of about $300 million in the fourth quarter of 2025. - **Critical munitions undefinitized contract actions (Form 10-Q, accession 0000101829-26-000031, MD&A, "Critical Munitions Agreements").** In the third quarter and early fourth quarter of 2026, the Department of War awarded Raytheon four undefinitized contract actions (UCAs) to substantially increase production of certain critical munitions: Tomahawk cruise missiles (seven years, valued at up to approximately $23 billion); AMRAAM (up to $20.7 billion); SM-6 (up to $24.4 billion); and SM-3 Block IB interceptors (up to $6.3 billion). The AMRAAM, SM-6 and SM-3 Block IB awards are five-year UCAs, each with two one-year options. Funding for each UCA depends on Congressional appropriations made on a fiscal-year basis. - **Dividends and buybacks.** The October 20, 2026 release (0000101829-26-000030) shows dividends paid of $2,882 million for the nine months of 2026 and no share repurchases in that period. ## Not found in the filings reviewed No Form 8-K reported a debt issuance, a dividend rate change, or the closing of the Blue Canyon Technologies sale in 2026.