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State: 17.08.2024 | 11PM
Tue, 22.10.2024       Raytheon Technologies
US75513E1010

RTX delivers strong operational performance;Increases 2024 outlook for adjusted sales* and adjusted EPS*

ARLINGTON, Va., Oct. 22, 2024 /PRNewswire/ -- RTX (NYSE: RTX) reported third quarter 2024 results.

Third quarter 2024

Reported sales of $20.1 billionAdjusted sales* of $20.1 billion, up 6 percent versus prior year, and up 8 percent organically* excluding the divestiture of the Cybersecurity, Intelligence and Services businessGAAP EPS was $1.09 and included $0.31 of acquisition accounting adjustments and $0.05 of restructuring and other net significant and/or non-recurring chargesAdjusted EPS* of $1.45, up 16 percent versus prior yearOperating cash flow of $2.5 billion; Free cash flow* of $2.0 billionCompany backlog of $221 billion; including $131 billion of commercial and $90 billion of defenseReturned $1.1 billion of capital to shareowners, returning over $32 billion since the mergerRealized $90 million of incremental RTX gross cost synergies, achieving the $2 billion post-merger target
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