RTX Corporation: Will Its Next-Generation Engine Programs Affirm Leadership Position In The Defense & Aerospace Industry?

Raytheon Technologies Corporation (RTX) concluded its fourth quarter of 2024 with robust financial performance, evidenced by significant growth across several key metrics. The company reported adjusted sales of $80.8 billion, marking an 11% organic increase driven by strong performances in commercial original equipment (OE), commercial aftermarket, and defense sales. Adjusted earnings per share (EPS) grew 13% to $5.73, and free cash flow amounted to $4.5 billion. RTX’s substantial backlog of $218 billion, an 11% increase from the previous year, underpins its strong market position. This backlog is divided into $125 billion in commercial contracts and an unprecedented $93 billion in defense.