Sign In
Search
Business/Financial

RTX Posts Strong Third Quarter On Commercial, Defense Work

Cal Biesecker By
SHARE:
RTX Posts Strong Third Quarter On Commercial, Defense Work
An F135 engine on an assembly line. (Photo: Pratt & Whitney)

Commercial and defense business drove strong third quarter results at RTX [RTX], which raised its earnings outlook after lowering it in July due to tariff concerns. Tariff headwinds remain but strong sales and operating income across the company’s business segments drove the third quarter results. Net income soared 27 percent to $1.9 billion, $1.41 earnings per share (EPS), from $1.5 billion ($1.09 EPS) a year ago. Excluding restructuring costs, acquisition accounting costs, and non-recurring items, adjusted earnings of $1.70 EPS…

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.

Recommended

Business/Financial

Vatn Systems Acquires Company With Subsea Acoustic Sensing And Signal Processing Expertise

Business/Financial

Karman To Acquire Composites And Material Sciences Companies To Boost Navy Work

Business/Financial

Lockheed Martin, Saildrone Eye Missile Launch From USV This Summer During RIMPAC

Business/Financial

Space Radar, Satellite Startup Array Labs Raises $20 Million

Trending

Zumwalt Installs Of Hypersonic Weapon Tubes On Pace, Testing For IOC Unclear
Lockheed Conducts Successful First Flight Test Of Stinger Replacement Offering
Record F-35 Deliveries, PAC-3 Production Framework Show Lockheed Martin Stepping Up, Hegseth Says
DHS Creates Program Executive Office for Drone and Counter-Drone Systems
Trump Directive Halts Dividends, Stock Repurchases By “Major Defense Contractors”

Contract Updates

Chandler Construction Services Inc. (Ninety Six, South Carolina) – $16,471,000

Chandler Construction Services Inc., Ninety Six, South Carolina, was awarded a $16,471,000 firm-fixed-price contract for the furnishing, installing, and placing into successful operation of water main pipe. The amount of this action is $16,471,000. Bids were solicited via the internet…

M1 Support Services LP (Denton, Texas) – $68,822,271

M1 Support Services LP, Denton, Texas, was awarded a $68,822,271 modification (P00206) to contract W9124G-17-C-0104 for Army and Air Force aviation maintenance. The modification brings the total cumulative face value of the contract to $5,522,349,151. Work will be performed at…

Lake Union Drydock Co. (LUDC) (Seattle, Washington) – $12,683,144

Lake Union Drydock Co.* (LUDC), Seattle, Washington, is awarded a $12,683,144 firm-fixed-price contract for the maintenance, repair and preservation of YTT-10 (YTT-9 Cape Flattery-class torpedo trials craft) service life extension program. This contract includes options which, if exercised, would bring…

Innovative Professional Solutions Inc. (Panama City Beach, Florida) – $13,631,598

Innovative Professional Solutions Inc.,* Panama City Beach, Florida, is awarded a $13,631,598 firm-fixed price/cost-only contract for fabrication and installation of minesweeping winches.  This contract includes supplies for the government of the Republic of Korea (100%) under the Foreign Military Sales…

The Force Multipliers

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Job Feed

Post a Job // Post a Resume