Sign In
Search
Uncategorized

Earnings Flat At RTX In Fourth Quarter While Commercial Aerospace Lifts Sales; Calio Focusing On Defense Challenges

Cal Biesecker By
SHARE:
Earnings Flat At RTX In Fourth Quarter While Commercial Aerospace Lifts Sales; Calio Focusing On Defense Challenges
Christopher Calio, president and CEO of RTX. Photo: RTX

RTX [RTX] on Tuesday posted flat earnings in its fourth quarter compared to a year ago due to various acquisition accounting adjustments and corporate expenses while sales increased largely due to work supporting commercial aircraft. Net income of $1.4 billion, $1.05 earnings per share (EPS), was clipped by $499 million in accounting adjustments and $40 million in higher corporate costs, partially offset by a gain from a customer settlement. Net income a year ago was $1.4 billion (96 cents EPS).…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at [email protected] 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.

Recommended

Business/Financial

SilverEdge Government Solutions Acquires Software Firm QVine

Cyber

DHS Awards Ethical Hacking Contracts To Three Firms

Advanced / Transformational Technology

DARPA Awards $19 Million To Industry, University Teams For Enhanced Night Vision Goggles

Homeland Security

Mexico Awards OSI Systems $600 Million For Cargo And Vehicle Scanners

Trending

Red Cat Expects LRIP Order Soon For Army’s SRR Small Drone, ‘Aggressive’ Ramp Up In FY ‘26
MDA Seeks New Mobile Golden Dome Radar
Golden Dome Head Outlines Near Term Goals, Space-Based Interceptors, And Undecided Architecture
DoD Acquisition Chief Supports HASC’s Reform Proposal, Lawmakers Urge More Communication
Lockheed Martin Outlines $1.6 Billion In Charges, Including Skunk Works Program

Contract Updates

BAE Systems Space & Mission Systems Inc. (Boulder, Colorado) – $48,000,000

BAE Systems Space & Mission Systems Inc., Boulder, Colorado, was awarded a $48,000,000 firm-fixed-price contract for the study, design, development, enhancement, testing, and procurement of advanced communication-electronics technologies. Bids were solicited via the internet with one received. Work locations and…

Portus Stevedoring LLC (Jacksonville, Florida) – $8,292,583

Portus Stevedoring LLC, Jacksonville, Florida, is awarded a not-to-exceed $8,292,583 firm-fixed-price, indefinite-delivery/indefinite-quantity contract with a five-year ordering period for stevedoring and related terminal services. This contract provides for full range of stevedoring and related terminal services to include the receipt,…

Foster Miller doing business as QinetiQ North America (Waltham, Massachusetts) – $11,310,230

Foster Miller, doing business as QinetiQ North America, Waltham, Massachusetts, is awarded an $11,310,230 firm-fixed-price modification to a previously awarded indefinite-delivery/indefinite-quantity contract (N00174-21-D-0019) to exercise Option Year Four for production, engineering support, and post-production support of the MK 2 Man…

EnergySolutions Services Inc. (Oak Ridge, Tennessee) – $13,336,650

EnergySolutions Services Inc., Oak Ridge, Tennessee, is being awarded a $13,336,650 firm-fixed-price, indefinite-delivery/indefinite-quantity contract action (N42158-25-D-E001) for nuclear services for the processing, recycling and disposal of radiologic materials through disassembly, decontamination, metal melting, compaction, incineration, resin sluicing/dewater, bulk waste assay…

The Force Multipliers

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Force Multipliers

Chris Wilson – Qlik

Force Multipliers

Tim Solms – Slingshot Aerospace

Job Feed

Post a Job // Post a Resume