Chris Calio
Chairman and Chief Executive Officer
Replay available
RTX Corporation (NYSE: RTX) Q4 2025 earnings conference call, held 2026-01-27. Replay captured from the company's public earnings webcast.

Chairman and Chief Executive Officer
Chief Financial Officer
Vice President of Investor Relations
Analyst, Baird
Analyst, Bank of America
Analyst, Morgan Stanley
Analyst, Vertical Research Partners
Analyst, Deutsche Bank
Analyst, MOVE Research
Analyst, J.P. Morgan
Analyst, Citi
Analyst, TD Cowen
Analyst, Jefferies
Analyst, Brimstone
Analyst, Melius Research
Analyst, BMP Paribas
Good day, ladies and gentlemen, and welcome to the RCX Fourth Quarter 2025 Earnings Conference Call. My name is Livia and I'll be your operator for today. As a reminder, this conference is being recorded for replay purposes. On the call today are Chris Calio, Chairman and Chief Executive Officer, Neil Mitchell, Chief Finance Officer, and Nathan Ware, Vice President of Investor Relations. This call is being webcast live on the Internet, and there is a presentation available for download from RTX website at www.rtx.com. Please note, except where otherwise noted, the company will speak to results from continuing operations, excluding acquisition, accounting, and judgments, and net non-recurring and or significant items, often referred to by management as other significant items. The company also reminds listeners that the earnings and cash flow expectations and any other forward-looking statements provided in this card subject to risk and uncertainties. RTX SEC filings, including its forms 8K, 10Q, and 10K, provide details on points factors that could cause actual results to differ materially from those anticipated forward-looking statements. Once the call becomes open for questions, We ask that you limit your first round to one question per caller to give everyone the opportunity to participate. To ask a question, you will need to press star 1-1 on your touch-tone telephone. You may ask for the questions by reinserting yourself into the queue as time permits. With that, I will turn the call over to Mr. Calio. Thank you and good morning, everyone. We delivered strong sales, adjusted EPS, and free cash flow in the fourth quarter, underscoring our momentum and focus on execution across RTX. For the full year, adjusted sales were $88.6 billion, up $9 billion year-over-year...