Search

Commercial, Defense And Tariff Recovery Power RTX To Strong Third Quarter

Commercial, Defense And Tariff Recovery Power RTX To Strong Third Quarter
Chris Calio, chairman and CEO of RTX. Photo: RTX

RTX [RTX] on Tuesday posted strong third quarter financial results driven by its commercial aerospace and defense businesses and the company also benefited from tariff refunds by the government after the U.S. Supreme Court ruled the Trump administration had unlawfully imposed the levies on imports. Net income rose 35 percent to $2.6 billion, $1.89 earnings per share (EPS), from $1.9 billion ($1.41 EPS) a year ago. Excluding restructuring costs and acquisition accounting adjustments, adjusted earnings of $2.26 EPS topped consensus…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Congress Updates

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]


Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]


Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]


CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]