Will RTX's guidance strategy change after 2024?

**Raytheon Technologies' (RTX) guidance strategy is unlikely to change significantly after 2024**, based on the company's current trajectory and strategic commitments. Here's why: 1. **Strategic Continuity**: RTX has outlined a clear strategy to drive growth and value creation, which includes focusing on operational excellence, structural cost reduction, and significant investments in next-generation technologies. This strategy is consistent with the company's historical performance and its position in the aerospace and defense industries. 2. **Financial Outlook Reaffirmation**: RTX has consistently reaffirmed its financial outlook and growth commitments, most recently through its 2023 Investor Day. The company's projections for sales, earnings, and free cash flow growth through 2025 remain robust, indicating a stable guidance strategy. 3. **Capital Return Commitments**: RTX has increased its capital return commitment to shareholders, aiming to return at least $20 billion by Q2 2024. This commitment is part of a broader strategy to enhance shareholder value and is not likely to change after 2024. 4. **Investment in Next-Generation Technologies**: RTX's focus on investing in and developing next-generation technologies is a key component of its long-term growth strategy. This investment is expected to continue, supporting the company's position in resilient markets and driving future growth. 5. **Operational Transformation**: RTX has emphasized the completion of its portfolio transformation and is now focusing on operational transformation. This shift is expected to lead to meaningful margin expansion and accelerated free cash flow growth, which are central to the company's guidance. In conclusion, while external factors such as market conditions and geopolitical influences can impact any company's strategy, RTX's current guidance strategy is well-established and aligned with its long-term growth objectives. The company's financial outlook, capital return commitments, and strategic investments suggest that its guidance strategy is likely to remain stable after 2024.