1 week ago
8
Motley Fool Transcribing, The Motley Fool
Mon, January 26, 2026 astatine 11:09 AM CST 53 min read
Image source: The Motley Fool.
Tuesday, October 22, 2024 astatine 8:30 a.m. ET
-
President and Chief Executive Officer — Christopher Calio
-
Chief Financial Officer — Neil Mitchill
-
Vice President, Investor Relations — Nathan Ware
Christopher Calio: Thank you, and bully morning, everyone. As you saw from our property merchandise this morning, RTX delivered different beardown 4th of performance, gathering connected our momentum from the archetypal fractional of the year. Demand crossed the business, including double-digit maturation successful commercialized aftermarket and defence remains robust and drove 8% integrated income growth. Our absorption connected execution drove 100 ground points of conception borderline enlargement successful the 4th and escaped currency travel was beardown astatine $2 billion. Based connected these results and our expectations for the remainder of the year, we are again raising our afloat twelvemonth outlook for adjusted income and EPS, and Neil volition instrumentality you done the details present successful a fewer minutes. .
Also, of enactment successful the quarter, we completed the accelerated stock repurchase programme we initiated past October, returning $10.3 cardinal of superior to shareholders. We've present returned implicit $32 cardinal of superior to shareowners since the merger, putting america good connected way to present connected our committedness of $36 cardinal to $37 cardinal by the extremity of adjacent year. Looking ahead, we proceed to acquisition robust request for our products and services. We saw unthinkable maturation successful our backlog, which ended the 4th astatine a grounds $221 cardinal with a book-to-bill of 1.8, and included $25 cardinal of defense, and $11 cardinal of commercialized orders.
Clearly demonstrating the differentiated show that our products and services supply to our customers and supporting our assurance successful the semipermanent maturation of RTX. There were respective notable highlights. At Raytheon, we booked a grounds $16.6 cardinal of awards successful the quarter, driven by the continued planetary request for integrated aerial and rocket defence capabilities, with 45% of these bookings for planetary customers. Key awards included $3 cardinal associated with our Patriot and GEM-T products, $1.3 cardinal for SM-3 and $1.2 cardinal for AMRAAM. Importantly, we booked $1.9 cardinal for LTAMDs, the archetypal home and planetary accumulation bid for our next-generation 360 grade aerial and rocket defence system.
At Pratt, we were awarded a $1.3 cardinal declaration for the continued improvement of the F135 motor halfway upgrade program, which volition present enhanced motor scope and show for each variants of the F-35 good into the future. And astatine Collins, the FAA awarded our connected aviation squad a $470 cardinal sustainment declaration for the continued method refresh and enhancement of our aerial postulation power automation system, which was deployed astatine implicit 500 aerial postulation power towers crossed the U.S. The strategy provides a real-time presumption of the airspace and tools to assistance with aerial postulation absorption and airspace safety. Okay.
English (CA) · 
English (US) · 
Spanish (MX) ·