Chairman & Chief Executive Officer, Rtx
Search every verified Christopher Calio interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Christopher Calio, chairman and chief executive officer of RTX, has been discussing the company's financial performance and outlook during earnings calls in 2025 and early 2026. He reported that RTX achieved organic sales growth of 10% in the first quarter of 2026, with adjusted sales of $22.1 billion and adjusted EPS of $1.78, up 21% year-over-year. Calio noted that the company raised its full-year outlook for adjusted sales and EPS based on first-quarter results and strength in the defense business. He also highlighted a record backlog of $271 billion, a 25% year-over-year increase, and the signing of five framework agreements with the Department of Defense for critical munitions including Tomahawk, AMRAAM, and Standard Missile family programs. Calio has also addressed challenges including tariff impacts and a work stoppage at Pratt & Whitney. On the Q1 2025 call, he stated that the aerospace and defense sector had historically operated in a duty-free environment and estimated the direct impact of current tariffs on the company's outlook. In Q2 2025, he reported that a four-week work stoppage at Pratt in May was expected to be recovered in the second half of the year. Calio has emphasized strong demand for defense products, including the Coyote counter-drone system, and noted that the company raised its dividend by 8% in Q2 2025. He has described the company as well-positioned to meet growing needs for munitions and integrated air and missile defense.
“We're raising our full-year outlook for adjusted sales, EPS, and free cash flow.”
“We've been, I think, pretty steadfast in our belief that the next generation, you know, single aisle, especially on the propulsion side, will need to have a different business model. I think the, you know, the idea that we're going to invest all this money, you know, upfront and then again not have high margins on deli...”
“RAON signed five landmark framework agreements with the department for critical munitions, including Tomahawk, AMRAAM, and the standard missile family. These agreements are a significant step forward in the department's transformation initiative, and they are vitally important for national security. Once finalized, the...”
“We are raising our full-year outlook for adjusted sales and EPS and maintaining our free cash flow outlook. On the top line, we're raising our full-year adjusted sales outlook by 500 million to a new range of 92.5 billion to 93.5 billion... On the bottom line, we are increasing our adjusted earnings per share outlook 1...”
“The framework agreements do provide some potential long-term firm demand and that's going to provide the visibility the supply chain needs to invest in people, tooling, test equipment, and capacity... I think longer term, the defense industrial base is going to need additional suppliers to improve the overall resilienc...”
“We've been working on this for a while, having seen this coming. And so we're covered in what I would call the near and medium term. And we're still seeking, you know, to lock up longer-term partnerships and contracts on a handful of those. And the department has actually been a really strong partner in that effort as...”
“Our labor strategy is something that we are laser focused on. Now you mentioned our engineering population. If you look at RTX wide, we've got a roughly 180,000 people. About a third of those are engineers, and they are clearly the lifeblood of the company when you think about innovation being the bedrock of everything...”
“On the defense side, we continue to be exceptionally well-positioned to meet the growing needs of our US and international customers, in particular with respect to munitions and integrated air and missile defense, both core capabilities of our company.”
“Raytheon was awarded a significant counter-drone contract for Coyote production from the US Army. Coyote has proven to be extremely effective in the field, and we've recently developed a lower-cost, non-kinetic Coyote payload to combat drone swarms.”
“Based on this, we're raising our full-year outlook for adjusted sales and EPS, and maintaining our free cash flow outlook of 7 to 7 and 1/2 billion.”
“We're strategically using these tools to support the highest impact opportunities across the company, including increasing munitions and OE production rates, growing GTF MRO output, and improving sales and inventory planning and management.”
“We're prioritizing the dividend as we always have, and we expect that to continue to grow with earnings over the next couple of years. And then making sure that we're making the right investments in the business for the future. Research and development, capital. We've got a healthy level of CapEx invested.”
“We generated 8% organic sales growth. We also drove 120 basis points of segment margin expansion, which included strong contributions from each business segment. And we generated strong free cash flow, an improvement of more than 900 million versus the prior year.”
“Generally speaking, the aerospace and defense sector has operated in a duty-free environment, and that has been instrumental to the industry maintaining one of the largest trade surpluses across American manufacturing industries for decades. Our industrial base is largely located in the US, including about 70% of our e...”
“But like many companies in the industry, our supply chain and customer base are global, and we import raw materials, parts, and modules from around the world. In light of this, we would be impacted if the current environment were to stay in place because not all regulatory and operational mitigations would address our...”
... this conference is being recorded for replay purposes On the call today are Chris Calio chairman and chief executive officer Neil ...
04/21/2026 Q&A: 22:34 RTX Corporation, an aerospace and defense company, provides systems and services for commercial, military, and government customers worldwide. It operates through three segments: Collins Aerospace (Collins), Pratt & Whitney, and Raytheon. The Collins segment offers aerospace and defense products, and aftermarket services for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations. This segment designs, manufactures, and supplies electric power generation and management…
Bloomberg's Caroline Hyde moderates a panel with JPMorgan Chase Chairman & CEO Jamie Dimon and RTX Chairman & CEO ...
The 2025 Reagan National Defense Forum at the Ronald Reagan Presidential Library December 6, 2025 Partners in Production: ...
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