other material
confidence high
sentiment positive
materiality 0.75
RTX transfers $2.5B pension obligations to Prudential; expects ~$300M Q4 charge
RTX Corp
- RTX initiated buy-out of group annuity contract with Prudential transferring ~$2.5B in gross pension obligations.
- Approximately 60,000 Plan retirees and beneficiaries transferred; no change to benefit amounts.
- One-time non-cash pretax pension settlement charge of ~$300M expected in Q4 2025.
- No additional funding contribution required; Plan funded status unaffected.
- Transaction subject to customary closing conditions; expected to close by December 30, 2025.