Raytheon President Sells $2 Million in Stock Amid Strong Q2 Performance and Raised Full-Year Outlook

Raytheon Technologies Corporation (RTX) reported a 9% increase in Q2 2025 sales to $21.6 billion, driven by commercial aftermarket and defense segments. The company achieved an adjusted EPS of $1.56, up 11% YoY, and raised its full-year sales outlook to $84.75 billion-$85.5 billion. RTX President Philip Jasper recently sold 12,847 shares of RTX stock, worth $2.027 million.

Raytheon Technologies Corporation (RTX) reported robust Q2 2025 financial results, with sales increasing by 9% to $21.6 billion, driven by strong performance across its commercial aftermarket and defense segments. The company's adjusted earnings per share (EPS) rose to $1.56, up 11% year-over-year (YoY), while its full-year sales outlook was raised to $84.75 billion-$85.5 billion, representing a 6%-7% organic sales growth for the full year.

The company's commercial aftermarket sales rose by 16% YoY, continuing the momentum from the previous quarter and indicating strong end-customer demand. The defense segment also contributed significantly to the growth, with sales up 9% YoY. The company's segment operating profit increased by 12% YoY, with a consolidated segment margin expansion of 30 basis points.

RTX's free cash flow outflow for the quarter was $72 million, including about $250 million for powder metal compensation and $175 million from tariff impacts. The company's book-to-bill ratio stood at 1.86, with a total backlog of $236 billion as of the quarter, up 50% YoY and 9% sequentially, fueled by large commercial and defense awards.

The company's President and Chief Executive Officer, Christopher Calio, highlighted the strong demand for the company's products, particularly in the core defense businesses, and emphasized the ongoing execution and capacity investment. The defense backlog expanded due to North American and European demand, underpinned by major international air and missile defense wins and U.S. budget increases targeting RTX's focus areas.

RTX also cited investments in autonomous and AI-enabled technology through collaborations such as Shield AI and Kongsberg as key innovation efforts supporting future growth. The company's Chief Financial Officer, Neil Mitchill, affirmed that, factoring in $1.2 billion in powder metal payments, operational free cash flow (non-GAAP) for the full year is expected to be about $8.5 billion—more than 100% of adjusted net income for the full year.

Additionally, RTX's President Philip Jasper recently sold 12,847 shares of RTX stock, worth $2.027 million.

References:
[1] https://www.fool.com/earnings/call-transcripts/2025/08/05/rtx-rtx-q2-2025-earnings-call-transcript/