RTX (RTX) AGM 2026 summary

Opening remarks and agenda

• The meeting was called to order by the Chairman, with all board members and key executives introduced and present, including those standing for reelection.

• The meeting was held virtually, allowing shareholders to vote and submit questions online.

• The agenda included voting on director elections, executive compensation, and auditor appointment, followed by business updates and a Q&A session.

Board and executive committee updates

• Ten director nominees, including all current directors, were presented for election.

• The board's committees, including audit and governance, oversee compliance and ethical responsibilities, especially regarding defense product sales.

Financial performance review

• Record $271 billion backlog, up 25% year-over-year, driven by strong demand in both commercial aerospace and defense.

• Over $10 billion invested last year in capital expenditures and R&D to support growth and innovation.

• Significant increases in production output across key business units, including a 26% boost in MRO for Pratt & Whitney and a 20% increase in Raytheon's critical defense programs.