Exhibit 99 Media Contact 202.384.2474 Investor Contact 781.522.5123 RTX Reports Q2 2025 Results RTX delivers 9% sales growth with strong commercial aftermarket and operational performance in Q2; Robust demand with RTX Q2 book-to-bill of 1.86 ARLINGTON, Va., July 22, 2025 – RTX (NYSE: RTX) reports second quarter 2025 results. Second quarter 2025 Updates outlook for full year 2025 "We continued our momentum in the second quarter with organic sales and profit growth* across all three segments, including 16 per ...

Core Insights - RTX reported a 9% increase in sales for Q2 2025, reaching $21.6 billion, driven by strong performance in the commercial aftermarket and operational efficiency [2][6] - The company’s backlog grew to $236 billion, a 15% increase year-over-year, indicating robust demand across its segments [1][6] - Adjusted EPS for Q2 2025 was $1.56, reflecting an 11% increase compared to the previous year [2][3] Financial Performance - Reported sales for Q2 2025 were $21.6 billion, up 9% from $19.7 billion in Q2 2024 [2][4] - Net income attributable to common shareholders was $1.7 billion, which included $0.4 billion of acquisition accounting adjustments [3][4] - Adjusted net income was $2.1 billion, a 12% increase from the prior year, driven by growth in adjusted segment operating profit [3][4] Segment Performance - Collins Aerospace reported sales of $7.6 billion, up 9% year-over-year, with a 13% increase in commercial aftermarket sales [7][8] - Pratt & Whitney's sales reached $7.6 billion, a 12% increase, with a notable 19% rise in commercial aftermarket sales despite a four-week work stoppage [9][10] - Raytheon achieved sales of $7.0 billion, an 8% increase, driven by higher volumes in land and air defense systems [11][12] Operational Highlights - The company returned $0.9 billion to shareholders and raised its quarterly dividend by 8% [6] - RTX's updated outlook for 2025 reflects strong operational performance and incorporates the expected impact of tariffs [1][6] - The company confirmed free cash flow guidance of $7.0 to $7.5 billion for the year [6]

Core Insights - Datavault AI has formed a strategic partnership with Burke Products to support defense and aerospace programs, leveraging Datavault's data technologies and Burke's manufacturing capabilities [1][3][9] - The partnership is expected to generate revenues from existing contracts in 2025 and expand into product offerings by 2026 [1][4] - Global defense spending is projected to exceed $2.2 trillion in 2025, with a focus on secure data solutions and advanced tracking, areas where Datavault AI is positioned to provide innovative solutions [4][9] Company Overview - Datavault AI Inc. specializes in data visualization, valuation, and monetization technologies, with a focus on AI-driven data experiences in the Web 3.0 environment [11] - The company’s technology suite includes patented solutions in acoustic science and data science, aimed at various industries including defense and aerospace [11] - Burke Products is a minority-owned manufacturer with over 59 years of experience in providing high-precision components for the defense sector, maintaining relationships with major clients like Lockheed Martin and Raytheon Technologies [12] Partnership Details - The collaboration will integrate Datavault AI's proprietary technologies, including ADIO® tone technology, into Burke's existing systems, with future phases potentially involving digital twin modeling and blockchain tools [5][9] - The partnership aims to enhance mission-critical systems through innovative solutions in acoustic sciences and secure data management [5][8] - Both companies emphasize a shared vision for scalable, American-built solutions that address complex challenges in the defense sector [8][10]

Three defense titans, three different flight paths — but only one may come out on top when Lockheed Martin (LMT), RTX Corp RTX, and Northrop Grumman Corp NOC report earnings Tuesday before the bell. With investors closely tracking valuation, momentum, and technicals, this aerospace earnings face-off is about to get turbulent.RTX: Flying High, Valued HigherRTX has been the surprise high-flyer. With a 47% gain over the past year and a 32% YTD rally, it's the clear momentum leader. Technically, it's flashing b ...

Core Viewpoint - RTX Corp. is expected to report second-quarter 2025 results on July 22, with anticipated revenue growth of 4.8% year-over-year and earnings per share (EPS) growth of 2.8% from the prior year [1][2]. Revenue and Earnings Estimates - The Zacks Consensus Estimate for revenues is $20.66 billion, reflecting a 4.8% increase from the previous year's quarter [2]. - The consensus estimate for earnings is $1.45 per share, indicating a 2.8% rise from the prior-year quarter [2]. - The earnings estimate has decreased by 0.7% over the past 60 days [2]. Business Performance Insights - RTX has a strong earnings surprise history, exceeding the Zacks Consensus Estimate in the last four quarters with an average surprise of 9.91% [2][3]. - The Pratt & Whitney and Collins Aerospace segments are expected to show strong performance due to increased commercial engine and aftermarket sales [4][6]. - The Zacks Consensus Estimate for Pratt & Whitney's adjusted sales is $7,284 million, a 7.1% improvement year-over-year, while Collins Aerospace's adjusted sales are estimated at $7,249.3 million, a 3.6% increase [8]. Military Sales Outlook - Increased geopolitical tensions are expected to drive growth in military sales, with higher engine deliveries for tanker programs and strong demand for the F135 Engine Core Upgrade for F-35 fighter jets [9][10]. - The Zacks Consensus Estimate for Raytheon's second-quarter sales is $6,773.3 million, indicating a 4% increase from the previous year [11]. Overall Sales Performance - Strong sales across RTX's business segments are anticipated to boost overall revenues for the second quarter [12]. - Factors contributing to this growth include solid sales expectations, increased defense volume, and improved net productivity [12]. Price Performance and Valuation - RTX shares have increased by 24.1% over the past six months, outperforming the Zacks aerospace-defense industry and the S&P 500 [14]. - RTX is currently trading at a premium valuation of 2.31X forward 12-month price/sales, compared to the peer group's 1.88X [16]. Investment Considerations - The growing demand for defense products due to geopolitical tensions is expected to support sales growth for RTX and its peers [17]. - Expanding commercial air traffic is also a significant growth catalyst, with over 13,000 large commercial engines installed globally [18]. - However, RTX's return on equity (ROE) is lower than its peers, indicating less effective use of shareholders' equity to generate profits [18].

In its upcoming report, RTX (RTX) is predicted by Wall Street analysts to post quarterly earnings of $1.45 per share, reflecting an increase of 2.8% compared to the same period last year. Revenues are forecasted to be $20.66 billion, representing a year-over-year increase of 4.8%.The consensus EPS estimate for the quarter has been revised 1.6% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this ...

Group 1: RTX Corporation and Contract Wins - RTX Corporation's unit, Raytheon, secured a $74 million modification contract to provide spares for the Rolling Airframe Missile (RAM) Mod 5 Guided Missile Launching System (GMLS) [1] - The contract is awarded by the Naval Sea Systems Command and is projected to be completed by September 2028, with work primarily performed in Louisville, KY, and Ottobrunn, Germany [1] - The RAM GMLS is deployed on over 165 ships across 11 countries, indicating strong demand for this missile system in both domestic and international markets [4][9] Group 2: Market Trends and Growth Projections - Rising military conflicts and national security concerns have led to increased focus on missile defense systems, with a forecasted compound annual growth rate of 5% for the global missiles and missile defense system market from 2025 to 2030 [2] - RTX's product portfolio includes several combat-proven missiles, positioning the company to benefit from the expanding market [3] Group 3: Competitors in the Defense Sector - Northrop Grumman provides advanced missile defense technology and has a long-term earnings growth rate of 3%, with a Zacks Consensus Estimate for 2025 sales indicating 2.7% year-over-year growth [5][6] - Boeing manufactures various missile defense systems and has a long-term earnings growth rate of 18.1%, with a Zacks Consensus Estimate for 2025 sales indicating 27.5% year-over-year growth [7][8] - Lockheed Martin's product portfolio includes several missile defense programs, with a long-term earnings growth rate of 10.5% and a Zacks Consensus Estimate for 2025 sales indicating 4.7% year-over-year growth [10]

About Raytheon Raytheon, an RTX business, is a leading provider of defense solutions to help the U.S. government, our allies and partners defend their national sovereignty and ensure their security. For more than 100 years, Raytheon has developed new technologies and enhanced existing capabilities in integrated air and missile defense, smart weapons, missiles, advanced sensors and radars, interceptors, space-based systems, hypersonics and missile defense across land, air, sea and space. About RTX RTX is the ...

Core Insights - Remittix is set to launch its RTX Wallet with native Solana integration in Q3 2025, allowing users to swap Solana and SPL stablecoins into local currencies instantly [2][8] - The integration aims to enhance transaction speed, reduce settlement fees, and improve usability for both consumers and merchants [3][4] - Remittix has raised over $16 million in presale commitments, with plans to reach an $18 million soft cap soon [4][8] Product Features - The RTX Wallet will support Bitcoin, Ethereum, and XRP alongside Solana, enabling quick conversions of digital assets into local cash [2][8] - It features a simplified user interface for easy cryptocurrency conversion and a dual-key security system for enhanced user control [5] - Built-in merchant features include automated tax savings and spare-change rounding to facilitate micro-savings [5] Upcoming Developments - The public Android beta is scheduled for launch in August 2025, with a freelancer plug-in for instant invoicing and settlement planned for October [7] - Licensing approvals are nearing completion in Brazil and Kenya, which are key markets for cross-border transfers [7][6]

Core Viewpoint - Analyst recommendations play a significant role in influencing stock prices, but their reliability is questionable due to potential biases from brokerage firms [1][10]. Brokerage Recommendations for RTX - RTX has an average brokerage recommendation (ABR) of 1.71, indicating a consensus between Strong Buy and Buy, based on 24 brokerage firms [2]. - Out of the 24 recommendations, 15 are Strong Buy (62.5%) and 1 is Buy (4.2%) [2]. Limitations of Brokerage Recommendations - Sole reliance on ABR for investment decisions may not be prudent, as studies indicate limited success in guiding investors towards stocks with the highest price increase potential [5]. - Brokerage analysts often exhibit a strong positive bias due to vested interests, leading to a disproportionate number of favorable ratings compared to negative ones [6][10]. Zacks Rank as an Alternative - Zacks Rank, a proprietary stock rating tool, categorizes stocks from 1 (Strong Buy) to 5 (Strong Sell) and is based on earnings estimate revisions, making it a more effective indicator of near-term stock performance [8][11]. - Zacks Rank is distinct from ABR, as it is driven by quantitative models rather than solely by brokerage recommendations [9]. Current Earnings Estimates for RTX - The Zacks Consensus Estimate for RTX's current year earnings has decreased by 0.7% to $5.93, reflecting analysts' growing pessimism about the company's earnings prospects [13]. - This decline in earnings estimates has resulted in a Zacks Rank of 4 (Sell) for RTX, suggesting caution despite the Buy-equivalent ABR [14].