RTX Corporation reported strong financial results for Q3 2024, with net sales increasing 49% to $20.1 billion and net income reaching $1.5 billion, compared to a net loss of $933 million in Q3 2023. Operating profit improved significantly to $2.0 billion, driven by robust performance across all segments and the absence of prior year's Powder Metal Matter charges.Collins Aerospace saw 7% sales growth to $7.1 billion with 15% operating margins, while Pratt & Whitney's revenue rebounded to $7.2 billion with 7.7% operating margins. Raytheon segment maintained stable performance with $6.4 billion in sales and 10.1% operating margins. Defense bookings were particularly strong at $25 billion for the quarter, contributing to a total backlog of $221 billion.The company continued its strategic initiatives with the completion of several legal settlements and made progress on supply chain improvements. Free cash flow remained strong at $5.6 billion year-to-date, enabling continued investment in growth while returning value to shareholders through dividends and share repurchases. Management maintained focus on operational excellence and innovation across commercial aerospace and defense portfolios.

RTX Corporation reported strong financial results for Q3 2024, with net sales increasing 49% to $20.1 billion and net income reaching $1.5 billion, compared to a net loss of $933 million in Q3 2023. Operating profit improved significantly to $2.0 billion, driven by robust performance across all segments and the absence of prior year's Powder Metal Matter charges.Collins Aerospace saw 7% sales growth to $7.1 billion with 15% operating margins, while Pratt & Whitney's revenue rebounded to $7.2 billion with 7.7% operating margins. Raytheon segment maintained stable performance with $6.4 billion in sales and 10.1% operating margins. Defense bookings were particularly strong at $25 billion for the quarter, contributing to a total backlog of $221 billion.The company continued its strategic initiatives with the completion of several legal settlements and made progress on supply chain improvements. Free cash flow remained strong at $5.6 billion year-to-date, enabling continued investment in growth while returning value to shareholders through dividends and share repurchases. Management maintained focus on operational excellence and innovation across commercial aerospace and defense portfolios.