Raytheon Technologies(US:RTX) Xin Lang Cai Jing·2025-10-28 03:52Core Insights - RTX reported a 12% increase in sales for Q3 2025, reaching $22.5 billion, with an organic growth rate of 13% after excluding asset divestitures [3] - Adjusted earnings per share grew by 17% to $1.70, while GAAP earnings per share, including acquisition and restructuring items, were $1.41 [3] - The company generated $4.6 billion in operating cash flow and $4 billion in free cash flow during the quarter [3] - RTX's total backlog reached $251 billion, comprising $148 billion in commercial contracts and $103 billion in defense contracts [3] - The company returned $900 million to shareholders and reduced debt by $2.9 billion [3] - RTX completed the divestiture of its Collins actuation systems and flight control business [3] - CEO Chris Calio highlighted double-digit organic sales growth across all three business segments and a sixth consecutive quarter of year-over-year adjusted business segment profit margin growth [3] - RTX secured $37 billion in new contracts during the quarter [3] - Due to strong year-to-date performance and ongoing demand, RTX raised its full-year adjusted sales forecast from $84.75 billion to a range of $86.5 billion to $87 billion [3] - The company now expects adjusted earnings per share to be between $6.10 and $6.20, confirming its free cash flow guidance of $7 billion to $7.5 billion [3][4] Business Focus - RTX will continue to focus on completing its $251 billion order backlog and increasing production to support capacity enhancements for key projects [4]