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Earnings Dip Despite Higher Sales At RTX On Divestiture; Sees Potential $850 Million Hit From Tariffs

Cal Biesecker By
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Earnings Dip Despite Higher Sales At RTX On Divestiture; Sees Potential $850 Million Hit From Tariffs
Christopher Calio, president and CEO of RTX. Photo: RTX

RTX [RTX] on Tuesday reported solid sales gains in its first quarter but earnings fell due to the divesture a year ago of its former Cybersecurity, Intelligence and Services business. The company also outlined $900 million in potential tariff impacts to its operating profit in 2025 related to U.S. and reciprocal duties with major trading partners, in particular China, Canada, Mexico, and the European Union related to President Trump’s trade war with most of the world. Various mitigations such as…

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