RTX · 10-Q · 2026Q2 · Full report

Portfolio Reshaping (M&A / Divestiture)

RTX Corp · 2026-07-23 · Importance 53 · Surprise 60 · In source text

On June 19, 2026, RTX entered into an agreement to sell its Blue Canyon Technologies business within the Raytheon segment for approximately $0.6 billion. Closing remains subject to regulatory approvals and other customary conditions. The transaction would further reshape RTX’s portfolio and reduce Raytheon’s businesses once completed.

Key facts

• On June 19, 2026, RTX entered into a definitive agreement to sell its Blue Canyon Technologies business within its Raytheon segment for proceeds of approximately $0.6 billion, subject to regulatory approvals and customary closing conditions. source
• Goodwill balance as of June 30, 2026: $52,928 million (total goodwill); Collins Aerospace goodwill as of June 30, 2026: $32,554 million. source
• Identifiable intangible assets, gross amount as of June 30, 2026: $49,274 million; accumulated amortization: ($18,231) million; intangible assets, net on balance sheet (Note header) recorded as $31,043 million elsewhere on the balance sheet. source
• Acquisition accounting adjustments were $0.4 billion, net of tax, for the quarter ended June 30, 2026, which had an unfavorable impact on diluted EPS of $0.27. source
• Acquisition accounting adjustments were $0.7 billion, net of tax, for the six months ended June 30, 2026, which had an unfavorable impact on diluted EPS of $0.54. source
• The decrease in net sales due to acquisitions and divestitures, net was $391 million for the quarter ended June 30, 2026 and $761 million for the six months ended June 30, 2026, driven by divestitures within the Collins segment of the actuation and flight control business and the Simmonds Precision Products business completed in 2025. source
• Amortization of acquired intangibles was $(480) million for the quarter ended June 30, 2026 and $(498) million for the quarter ended June 30, 2025, and $(959) million and $(978) million for the six months ended June 30, 2026 and 2025, respectively. source
• Amortization of property, plant, and equipment fair value adjustment was $(9) million and $(8) million for the quarters ended June 30, 2026 and 2025, respectively, and $(17) million for both six month periods ended June 30, 2026 and 2025. source

Impact estimates