RTX (RTX) Bernstein 42nd Annual Strategic Decisions Conference summary

Strategic positioning and market outlook

• Record $271B backlog highlights robust demand in both commercial aerospace and defense sectors.

• Large and expanding installed base, including over $105B out-of-warranty assets at Collins and ~90,000 Pratt & Whitney engines and APUs in service.

• Raytheon systems provide protection to over 50 countries, demonstrating global reach.

• Focus on executing commitments, innovation, and leveraging scale to drive performance.

• Accelerating production in integrated air & missile defense and munitions to meet rising demand.

Operational initiatives and risk management

• Productivity improvements pursued through CORE, automation, and digital operations.

• Forward-looking statements address expectations for sales, earnings, cash flow, and strategic initiatives.

• Risks include economic shifts, government spending changes, supply chain disruptions, and regulatory compliance.

• Ongoing management of legal, cybersecurity, and environmental challenges.

• Commitment to updating strategies in response to evolving market and regulatory conditions.