Strong Financial Performance in Q1 2025
RTX reported 8% organic sales growth, 120 basis points of segment margin expansion, and a $900 million improvement in free cash flow compared to the prior year.
Commercial Aftermarket and Defense Sales Growth
Commercial aftermarket sales were up 21%, commercial OE sales up 3%, and defense sales up 4% organically.
GTF Program and Isothermal Forging Progress
PW1100 MRO output increased by 35% year-over-year, with a 14% sequential increase. Isothermal forging output was up over 10% versus the prior year.
Significant Backlog Growth
RTX ended the quarter with a backlog of $217 billion, up 8% year-over-year, including $125 billion in commercial orders and $92 billion in defense awards.
Raytheon's Book-to-Bill Ratio
Raytheon reported a rolling 12-month book-to-bill ratio of 1.35, with notable awards including $750 million for Netherlands air and missile defense capabilities.