RTX 8-K: Smart Summary

On November 7, 2025, RTX Corporation initiated a buy-out conversion of a group annuity contract with Prudential Insurance, transferring approximately $2.5B of gross pension obligations covering approximately 60,000 Plan retirees and beneficiaries, with the transaction expected to close by December 30, 2025.

• RTX Corporation initiated a buy-out conversion of a group annuity contract purchased by the RTX Consolidated Pension Plan from The Prudential Insurance Company of America on November 7, 2025
• Approximately $2.5B of gross pension obligations will transfer from the Plan to Prudential
• Prudential will assume obligation and administrative responsibility for approximately 60,000 Plan retirees and beneficiaries, representing approximately one-third of retirees and beneficiaries in the Plan
• No additional funding contribution required by RTX; assets from the Plan's trust were previously used to purchase the group annuity contract
• The Company expects to recognize a one-time, non-cash pretax pension settlement charge of approximately $300M in Q4 2025; actual impact subject to finalization of actuarial and other assumptions
• Transaction will not diminish the Plan's funded status; no change to benefit amounts payable to Transferred Participants; expected to close by December 30, 2025