RTX reported $20.3 billion in sales, a 5 percent year-over-year increase and 8 percent organic growth, in the first quarter of 2025. RTX President and CEO Chris Calio said in a press release published Tuesday that the company’s Q1 growth is driven largely by a strong commercial aftermarket.
“Organic growth was broad based and led by strength in commercial aftermarket, which was up 21 percent year-over-year driven by continued demand for our industry leading products and solutions,” shared Calio.
Per Segment Earnings Report
Subsidiaries Collins Aerospace and Pratt & Whitney also saw their sales go up in Q1.
Collins generated $7.22 billion in Q1, up by 8 percent compared to the same period in 2024. RTX partially attributed the increase to a more robust commercial air traffic and higher volume of sales across multiple defense programs.
Meanwhile, Pratt & Whitney’s sales in Q1 rose by 14 percent to $7.37 billion. For comparison, the aerospace firm reported $6.46 billion in Q1 2024. According to RTX, the increase is driven by demand for large commercial engines and Pratt Canada.
Pratt & Whitney also delivered engines in support of the U.S. military’s Tanker program and the F135 Engine Core Upgrade program.
Only Raytheon saw its sales drop in Q1 to $6.34 billion, or 5 percent lower than the year prior. RTX attributes the lower sales to the divestiture of its cybersecurity, intelligence and services business. Excluding the divestiture, sales were up 2 percent year-over-year.
Full Year Guidance
RTX expects to see organic growth of up to 6 percent for the full fiscal 2025. It projects total sales of between $83 billion and $84.0 billion.
The guidance does not take into account the U.S. government’s recently introduced tariffs. Calio addressed the impact of new trade policies in the company’s conference with shareholders, where he pointed out that RTX sources raw materials from all over the world.
He assured investors that RTX remains steadfast in meeting customer needs.
“The current environment is clearly very dynamic, but our company is well positioned to perform operationally and our teams remain focused on executing on our commitments and delivering our robust backlog,” he stated.