09/18/2025 | Press release | Distributed by Public on 09/18/2025 15:23
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Large accelerated filer
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Accelerated filer
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Non-accelerated filer
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Smaller reporting company
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Emerging growth company
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Page
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About This Prospectus
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1
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RTX Corporation
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2
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Risk Factors
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4
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Note Regarding Forward-Looking Statements
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5
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Use of Proceeds
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6
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Description of Debt Securities
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7
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Description of Debt Warrants
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23
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Description of Currency Warrants
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25
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Description of Stock-Index Warrants
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28
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Description of Capital Stock
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31
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Description of Equity Units and Stock Purchase Contracts
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33
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Legal Ownership
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34
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Plan of Distribution
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36
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Validity of the Securities
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38
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Independent Registered Public Accounting Firm
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39
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Where You Can Find More Information
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40
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unsubordinated debt securities;
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junior subordinated debt securities;
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debt warrants;
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currency warrants;
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stock-index warrants;
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common stock;
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stock purchase contracts;
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equity units; and
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any combination of the above.
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this prospectus;
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the accompanying prospectus supplement, which (1) explains the specific terms of the securities being offered and (2) updates and changes information in this prospectus; and
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the documents referred to in "Where You Can Find More Information" for information on us, including our financial statements.
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Collins Aerospace. Collins is a leading global provider of technologically advanced aerospace and defense products. Collins's solutions include aftermarket services for civil and military aircraft manufacturers, commercial airlines, and regional, business, and general aviation, as well as for defense and commercial space operations. Aftermarket services include space parts, overhaul and repair, engineering and technical support, training and fleet management solutions, asset management services, and information management systems. Collins designs, manufactures and supplies electric power generation, management and distribution systems, environmental control systems, flight control systems, air data and aircraft sensing systems, engine control systems, engine components, engine nacelle systems, including thrust reversers and mounting pylons, interior and exterior aircraft lighting, aircraft cargo systems, evacuation systems, landing systems (including landing gear, wheels, and braking systems), communication, navigation, surveillance systems, fire and ice detection and protection systems, integrated avionics, and propeller systems. Collins also designs, manufactures and supports complete cabin interiors, including seating, oxygen systems, food and beverage preparation, storage and galley systems, lavatory, and wastewater management systems. Collins's solutions support human space exploration with environmental control and power systems and extravehicular activity suits. Collins also provides connected aviation solutions and services through worldwide voice and data communication networks, airport systems and integrations, and air traffic management solutions. Collins supports government and defense customer missions by providing systems solutions for connected battlespace, test and training range systems, crew escape systems, and simulation and training. Collins sells aerospace and defense products and services to aircraft manufacturers, airlines, airports and other aircraft operators, the U.S. and foreign governments, defense contractors, maintenance, repair and overhaul providers, and independent distributors around the world.
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Pratt & Whitney. Pratt & Whitney is among the world's leading suppliers of aircraft engines for commercial, military, business jet, and general aviation customers. Pratt & Whitney's Commercial Engines and Military Engines businesses design, develop, produce, and maintain families of large engines for wide- and narrow-body and large regional aircraft for commercial customers and for fighter, bomber, tanker, and transport aircraft for military customers. Pratt & Whitney's small engine business, Pratt & Whitney Canada, is among the world's leading suppliers of engines powering regional airlines, general and business aviation, and helicopters. Pratt & Whitney also produces, sells, and services military and commercial auxiliary power units. Pratt & Whitney provides fleet management services and aftermarket maintenance, repair, and overhaul services in all of these segments. Pratt & Whitney sells products and services principally to aircraft manufacturers, airlines and other aircraft operators, aircraft leasing companies and the U.S. and foreign governments.
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Raytheon. Raytheon is a leading provider of defensive and offensive threat detection, tracking and mitigation capabilities for U.S. and foreign government and commercial customers. Raytheon designs, develops, and provides advanced capabilities in integrated air and missile defense, smart weapons, missiles, advanced sensors and radars, interceptors, space-based systems, hypersonics, and missile defense across land, air, sea, and space. Raytheon provides air-to-air and air-to-ground sensors, command and control and weapons including the Advanced Medium Range Air-to-Air Missile, StormBreaker smart weapon, Long Range Stand Off Weapon, and the Early Warning Radar. Raytheon also provides advanced naval sensors, command and control and weapons including classified naval radars, the Next Generation Jammer, shipboard missiles including the Tomahawk and Standard Missile 6, air-to-air missiles such as the AIM-9X SIDEWINDER missile, and integrated systems such as the SPY-6 radar. In addition, Raytheon provides advanced systems and products that span layered land and integrated air and missile defense, including the Patriot air and missile defense system, the Lower Tier Air and Missile Defense Sensor, the National Advanced Surface-to-Air Missile System, Javelin, Excalibur, Stinger, and High-Energy Lasers. Raytheon also provides technologically advanced sensors, satellites, and interceptors, including the AN/TPY-2 radar, and Standard Missile 3. Raytheon delivers integrated space solutions including sensors, mission orchestration, satellite control, and software. Raytheon also focuses on the development and early introduction of next-generation technologies and systems, including hypersonics, counter-hypersonics, next-generation radars, sensor experimentation, and electro-optical/infrared (EO/IR) advancements, and aligns products that use shared technologies, including fire control radars, surveillance radars, EO/IR, space-qualified satellite components, and electronics.
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the title of that issue of debt securities;
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whether the debt securities will be unsubordinated debt securities or junior subordinated debt securities;
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any limit upon the aggregate principal amount of that issue of debt securities and whether we may, without the consent of the holders of that issue of debt securities, issue additional debt securities of the same series;
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the percentage of the principal amount for which that issue of debt securities will be issued;
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the date or dates on which the principal of that issue of debt securities will be payable, or the method by which this date or these dates will be determined or extended;
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the rate or rates (which may be fixed or variable), at which that issue of debt securities will bear interest, if any, or the method by which this rate or these rates will be determined;
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the date or dates from which any interest will accrue, or the method by which this date or these dates will be determined, or, in the case of the junior subordinated indenture, extended, the dates on which payment of any interest will be payable on any registered security and the regular record dates for these interest payment dates and the basis on which any interest will be calculated if other than on the basis of a 360-day year of twelve 30-day months;
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the place or places where the principal, premium, if any, and interest, if any, on that issue of debt securities will be payable;
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the place or places where that issue of debt securities may be surrendered for exchange, and notices or demands to or upon RTX in respect of debt securities may be served and any registered securities may be surrendered for registration of transfer;
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the period or periods within which, the price or prices at which, the currency, currencies, currency unit or units or composite currencies in which, and the other terms and conditions upon which, that issue of debt securities may be redeemed in whole or in part, at the option of RTX;
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the obligation, if any, of RTX to redeem, repay or purchase that issue of debt securities pursuant to any sinking fund or analogous provision, any mandatory redemption provision or at the option of a holder of debt securities and the period or periods within which, the price or prices at which, the currency, currencies, currency unit or units or composite currencies in which, and the other terms and conditions upon which, that issue of debt securities will be redeemed, repaid or purchased, in whole or in part, pursuant to such obligation;
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the denominations of the debt securities if other than denominations of $1,000 and integral multiples thereof;
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if other than the entire principal amount, the portion of the principal amount of any debt securities of any series which shall be payable upon declaration of acceleration of the maturity;
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if other than U.S. dollars, the currency, currencies or currency unit or composite currency in which that issue of debt securities will be denominated and/or in which the principal, premium, if any, or interest on that issue of debt securities will be payable;
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whether the debt securities will be convertible into RTX common stock, and, if so, the terms and conditions of conversion;
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whether the amount of payments of principal, premium, if any, or interest on that issue of debt securities may be determined with reference to an index, formula or other method (which index, formula or method may, without limitation, be based on one or more currencies, currency units, composite currencies, commodities, equity indices or other indices) and the manner in which these amounts will be determined;
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whether RTX or a holder may elect payment of the principal, premium, if any, or interest, if any, on that issue of debt securities in a currency, currencies, currency unit or units or composite currency other than that in which the debt securities are stated to be payable, and the period or periods within which, and the terms and conditions upon which, this election may be made, and the time and manner of determining the exchange rate between the coin or currency, currencies, currency unit or units or composite currency in which the debt securities are denominated or stated to be payable and the coin or currency, currencies, currency unit or units or composite currency in which the debt securities are to be so payable;
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any deletions from, modifications of or additions to the events of default or covenants of RTX with respect to that issue of debt securities, whether or not these events of default or covenants are consistent with the events of default or covenants contained in the applicable indenture as originally executed;
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whether the provisions of Article Fourteen of the indenture described under "-Defeasance and Covenant Defeasance" apply to that issue of debt securities and any change to those provisions that apply to that issue of debt securities;
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provisions, if any, granting special rights to the holders of that issue of debt securities if any specified events occur;
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the designation of any security registrars, paying agents, depositaries or exchange rate agents for that issue of debt securities;
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whether that issue of debt securities is to be issuable as registered securities, bearer securities or both, whether any debt securities of that issue are to be issuable initially in temporary global form and whether any debt securities of that issue are to be issuable in permanent global form with or without coupons and, if so, whether beneficial owners of interests in any permanent global debt security may exchange these interests for debt securities of like tenor of any authorized form and denomination and the circumstances under which any exchanges of this kind may occur, and whether registered securities may be exchanged for bearer securities (if permitted by applicable laws and regulations) and the circumstances under which and the place or places where exchanges of this kind, if permitted, may be made;
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the person to whom any interest on any registered security will be payable, if other than the person in whose name that debt security (or one or more predecessor securities) is registered at the close of business on the regular record date for the interest, the manner in which, or the person to whom, any interest on any bearer security will be payable, if otherwise than in exchange for the coupons appertaining to the bearer security as they individually mature, and the extent to which, or the manner in which, any interest payable on a temporary global debt security on an interest payment date will be paid;
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if the debt securities of that issue are to be issued upon the exercise of warrants, the time, manner and place for the debt securities to be authenticated and delivered;
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whether and under what circumstances RTX will pay additional amounts as contemplated by Section 1010 of the indenture on that issue of debt securities to any holder who is not a United States person in respect of any tax, assessment or governmental charge, including any modification to the definition of "United States person" as contained in the indenture as originally executed, and, if so, whether and on what terms RTX will have the option to redeem the debt securities rather than pay additional amounts;
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the manner in which principal, premium, if any, and interest, if any, will be payable;
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if the debt securities are to be issuable in definitive form only upon receipt of certain certificates or other documents or satisfaction of other conditions, the form and/or forms of such certificates, documents or conditions;
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the manner in which debt securities of that issue will be transferable; and
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any other terms, conditions, rights and preferences, or limitations on rights and preferences, of that issue of debt securities consistent with the provisions of the applicable indenture.
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the principal amount of an original issue discount security that will be deemed to be outstanding will be the amount of the principal of that security that would be (or shall have been declared to be) due and payable as of the date of that determination upon acceleration of the maturity of the security;
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the principal amount of a debt security denominated in one or more foreign currencies or currency units will be deemed to be the U.S. dollar equivalent, determined on the date of original issuance of that debt security, of the principal amount or, in the case of an original issue discount security, the U.S. dollar equivalent, on the date of original issuance of the original issue discount security, of the amount determined as provided in the immediately preceding bullet point;
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the principal amount that will be deemed outstanding of a debt security issued as an indexed security whose terms provide that its principal amount payable at stated maturity may be more or less than principal face amount at original issuance will be deemed to be its principal face amount at original issuance; and
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debt securities owned by RTX or any affiliate of RTX will be disregarded and deemed not to be outstanding, except that, in determining whether the trustee shall be protected in making such calculation or in relying upon any such request, demand, authorization, direction, notice, consent or waiver, only debt securities that the trustee knows to be so owned will be disregarded (Section 101 of each indenture).
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registered securities denominated in U.S. dollars, other than registered securities issued in global form, will be issued in denominations of $1,000 and any integral multiple thereof;
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registered securities issued in global form may be issued in any denomination;
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bearer securities denominated in U.S. dollars, other than bearer securities issued in global form, will be issued in denominations of $5,000; and
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bearer securities issued in global form may be issued in any denomination (Section 302 of each indenture).
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if debt securities of a series are issuable solely as registered securities, RTX will be required to maintain a transfer agent in each place of payment for that series; and
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if debt securities of a series may be issuable as both registered securities and as bearer securities, RTX will be required to maintain a transfer agent in a place of payment for that series located outside the United States, in addition to the trustee.
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issue, register the transfer of, exchange or convert debt securities of any series during a period beginning at the opening of business 15 days before any debt securities of that series are selected to be redeemed and ending at the close of business on:
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if debt securities of the series are issuable only as registered securities, the day of mailing of the relevant notice of redemption;
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if debt securities of the series are issuable as bearer securities, the day of the first publication of the relevant notice of redemption; or
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if debt securities of the series are also issuable as registered securities and there is no publication, the mailing of the relevant notice of redemption; or
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register the transfer of or exchange any portion of any registered security called for redemption, except the unredeemed portion of any registered security being redeemed in part;
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exchange any bearer security called for redemption, except to exchange the bearer security for a registered security of that series and like tenor which is simultaneously surrendered for redemption; or
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issue, register the transfer of or exchange any debt security which has been surrendered for repayment at the option of the holder, except the portion, if any, of such debt security not to be so repaid (Section 305 of each indenture).
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by check mailed to the address of the person entitled to the interest as that address appears in the security register; or
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by wire transfer to an account maintained by the person entitled to the interest as specified in the security register (Sections 307 and 1002 of each indenture).
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if debt securities of a series are issuable only as registered securities, RTX will be required to maintain a paying agent in each place of payment for that series;
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if debt securities of a series are also issuable as bearer securities, RTX will be required to maintain:
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a paying agent in The City of New York for payments with respect to any registered securities of that series and for payments with respect to bearer securities of that series in the limited circumstances described above, but not otherwise; and
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a paying agent in a place of payment located outside the United States where debt securities of that series and any coupons appertaining to the securities may be presented and surrendered for payment; and
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if the debt securities of a series are listed on the Luxembourg Stock Exchange or any other stock exchange located outside the United States and that stock exchange so requires, RTX will maintain a paying agent in Luxembourg or any other required city located outside the United States, as the case may be, for the debt securities of that series (Section 1002 of each indenture).
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limit the amount of unsecured indebtedness which RTX or any subsidiary may incur; or
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limit the payment of dividends by RTX or its acquisition of any of its equity securities.
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immediately after the transaction, no event of default (or event which with notice or lapse of time, or both, would be an event of default) with respect to the debt securities will have happened and be continuing;
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the corporation formed by the consolidation or into which RTX is merged or the person which will have received the transfer or lease of RTX's properties and assets will assume RTX's obligation for the
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RTX has delivered to the trustee an officer's certificate and opinion of counsel, each stating that the transaction complies with these conditions (Section 801 of the applicable indenture).
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"defeasance" means that RTX may elect to defease and be discharged from any and all obligations with respect to the debt securities and any related coupons, except for the obligation to pay additional amounts, if any, upon the occurrence of specified events of tax, assessment or governmental charge with respect to payments on the debt securities and the obligations to register the transfer or exchange of the debt securities and any related coupons, to replace temporary or mutilated, destroyed, lost or stolen debt securities and any related coupons, to maintain an office or agency in respect of the debt securities and any related coupons and to hold moneys for payment in trust;
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"covenant defeasance" means that RTX may elect to be released from its obligations with respect to the debt securities and any related coupons that are described under "-Liens" and "-Sales and Leasebacks," or, if provided pursuant to Section 301 of the applicable indenture, its obligations with respect to any other covenant, and any omission to comply with these obligations will not constitute a default or an event of default with respect to the debt securities and any related coupons.
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direct obligations of the government which issued the currency in which the debt securities are payable; or
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obligations of a person controlled or supervised by and acting as an agency or instrumentality of the government which issued the currency in which the debt securities of the applicable series are payable, the payment of which is unconditionally guaranteed by that government, which, in either case, are full faith and credit obligations of that government payable in that currency and are not callable or redeemable at the option of the issuer of the obligations and will also include specified depository receipts issued by a bank or trust company as custodian with respect to any government obligation of this kind (Section 101 and Article Fourteen of the applicable indenture).
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the holder of a debt security is entitled to, and does, elect pursuant to the terms of the debt security to receive payment in a currency or currency unit other than that in which the deposit has been made in respect of the debt security; or
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the currency or currency unit in which the deposit has been made in respect of the debt security ceases to be used by its government of issuance;
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change the stated maturity of principal of, or any installment of interest or premium, if any, on, or change the obligation of RTX to pay any additional amounts as contemplated by Section 1010 of the indenture on, any security;
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reduce the principal amount of, or the rate of interest on, or any premium payable on redemption of, any security, or reduce the amount of principal of an original issue discount security that would be due and payable upon declaration of acceleration of the maturity of the original issue discount security or would be provable in bankruptcy;
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change the place of payment where, or the coin, currency, currencies, currency unit or composite currency in which payment of principal, premium, if any, or interest on any security is payable;
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impair the right to institute suit for the enforcement of any payment on or with respect to any security;
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reduce the above stated percentage of holders of debt securities necessary to modify or amend the applicable indenture or to consent to any waiver under the applicable indenture; or
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modify the foregoing requirements or the provisions of the indenture related to waiver of certain covenants or waiver of past defaults (Section 902 of the indenture).
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default in the payment of any interest upon any debt security of the series and any related coupon when due, continued for 30 days;
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default in the payment of the principal of, or premium, if any, on a debt security of the series at its maturity;
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default in the performance of any other covenant of RTX in the applicable indenture, continued for 60 days after written notice as provided in the applicable indenture, other than a covenant included in the applicable indenture solely for the benefit of series of debt securities other than the series in question or a covenant default the performance of which would be covered by the fifth bullet point below;
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certain specified events in bankruptcy, insolvency or reorganization; and
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any other event of default provided with respect to debt securities of the series.
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RTX will not itself, and will not permit any wholly owned domestic manufacturing subsidiary to, create, incur, issue or assume any debt secured by any lien on any principal property owned by RTX or any wholly owned domestic manufacturing subsidiary; and
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RTX will not itself, and will not permit any subsidiary to, create, incur, issue or assume any debt secured by any lien on any shares of stock or debt of any wholly owned domestic manufacturing subsidiary.
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which neither transacts any substantial portion of its business nor regularly maintains any substantial portion of its fixed assets within the United States; or
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which is engaged primarily in the finance business including, without limitation, financing the operations of, or the purchase of products which are products of or incorporate products of, RTX and/or its subsidiaries; or
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which is primarily engaged in ownership and development of real estate, construction of buildings, or related activities, or a combination of the foregoing (Section 101 of each indenture).
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which is financed by industrial development bonds; or
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which, in the opinion of the board of directors of RTX, is not of material importance to the total business conducted by RTX and its subsidiaries, taken as a whole (Section 101 of each indenture).
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the unsubordinated debt securities are equally and ratably secured; or
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the aggregate principal amount of the secured debt then outstanding plus the attributable debt of RTX and its wholly owned domestic manufacturing subsidiaries in respect of sale and leaseback transactions described below involving principal properties entered into after the date when RTX first issues securities pursuant to the unsubordinated indenture, other than transactions that are permitted as described in the second bullet point under "-Sales and Leasebacks," would not exceed 10% of consolidated net tangible assets.
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all current liabilities, excluding any current liabilities which are by their terms extendible or renewable at the option of the obligor on the liabilities to a time more than 12 months after the time as of which the amount of current liabilities is being computed; and
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all goodwill, trade names, trademarks, patents, unamortized debt discount and expense and other like intangibles, all as set forth on the most recent balance sheet of RTX and its subsidiaries and computed in accordance with accounting principles generally accepted in the United States of America (Section 101 of the applicable indenture).
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liens existing as of the date when RTX first issued securities pursuant to the applicable indenture;
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liens existing on any property of or shares of stock or debt of any corporation at the time it became or becomes a wholly owned domestic manufacturing subsidiary, or arising after that time (a) otherwise than in connection with the borrowing of money arranged after the corporation became a wholly owned domestic manufacturing subsidiary and (b) pursuant to contractual commitments entered into before the corporation became a wholly owned domestic manufacturing subsidiary;
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liens on property (including shares of stock or debt of a wholly owned domestic manufacturing subsidiary) existing at the time of acquisition and certain purchase money or similar liens;
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liens to secure specified exploration, drilling, development, operation, construction, alteration, repair or improvement costs;
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liens securing debt owing by a subsidiary to RTX or to a wholly owned domestic manufacturing subsidiary;
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liens in connection with government contracts, including the assignment of moneys due or to become due on government contracts;
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materialmen's, carriers', mechanics', workmen's, repairmen's or other like liens arising in the ordinary course of business and which are not overdue or which are being contested in good faith in appropriate proceedings;
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liens arising from any judgment, decree or order of any court or in connection with legal proceedings or actions at law or in equity; and
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certain extensions, substitutions, replacements or renewals of the foregoing.
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attributable debt of RTX and its wholly owned domestic manufacturing subsidiaries in respect of the sale and leaseback transaction and all other sale and leaseback transactions entered into after the date when RTX first issued securities pursuant to the unsubordinated indenture (other than sale and leaseback transactions that are permitted as described in the next bullet point), plus the aggregate principal amount of debt secured by liens on principal properties then outstanding (not otherwise permitted or excepted) without equally and ratably securing the unsubordinated debt securities, would not exceed 10% of the consolidated net tangible assets;
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an amount equal to the greater of the net proceeds of the sale or transfer or the fair market value of the principal property sold or transferred (as determined by RTX) is applied within 120 days to the voluntary retirement of the unsubordinated debt securities or other indebtedness of RTX (other than indebtedness subordinated to the unsubordinated debt securities) or indebtedness of a wholly owned domestic manufacturing subsidiary, for money borrowed, maturing more than 12 months after the voluntary retirement;
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the lease is for a temporary period not exceeding three years; or
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the lease is with RTX or another wholly owned domestic manufacturing subsidiary (Section 1009 of the applicable indenture).
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all indebtedness of RTX for borrowed money (other than indebtedness issued pursuant to the junior subordinated indenture), including, without limitation, such obligations as are evidenced by credit agreements, notes, debentures, bonds and similar instruments;
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all obligations of RTX under synthetic leases, financing leases and capitalized leases;
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all of RTX's reimbursement obligations under letters of credit, banker's acceptances, security purchase facilities or similar facilities issued for the account of RTX;
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any obligations of RTX with respect to derivative contracts, including but not limited to commodity contracts, interest rate, commodity and currency swap agreements, forward contracts and other similar agreements or arrangements designed to protect against fluctuations in commodity prices, currency exchange or interest rates;
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all obligations of the types referred to in the preceding bullet points of others, the payment of which RTX has assumed, guaranteed or otherwise becomes liable for, under any agreement;
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all obligations of the types referred to in the preceding bullet points (other than the immediately preceding bullet point) of others which is secured by any lien on any property or assets of RTX (whether or not that obligation has been assumed by RTX); and
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amendments, modifications, renewals, extensions, deferrals and refundings of any of the above types of indebtedness (Section 101 of the junior subordinated indenture).
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any insolvency or bankruptcy proceedings or any receivership, liquidation, reorganization or other similar proceedings in respect of RTX or a substantial part of its property, or of any proceedings for liquidation, dissolution or other winding up of RTX, whether or not involving insolvency or bankruptcy;
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a default in the payment of principal, interest or other monetary amounts with respect to any senior indebtedness, beyond the period of grace, if any, in respect thereof, and such default shall not have been cured or waived or shall not have ceased to exist; or
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the maturity of any senior indebtedness shall have been accelerated because of an event of default (other than a default described in the immediately preceding bullet point) in respect of any senior indebtedness (Section 1702 of the junior subordinated indenture).
|
•
|
the payments or distributions consist of shares of stock of RTX as reorganized or readjusted or securities issued by RTX or another company in connection with a plan of reorganization or readjustment; and
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•
|
payment on those securities is subordinate to all senior indebtedness that may be outstanding at the time to the same extent as, or to a greater extent than, provided in the subordination provisions of such junior subordinated debt securities.
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•
|
the initial offering price;
|
•
|
the currency or currency unit in which the price for the debt warrants is payable;
|
•
|
the title, aggregate principal amount and terms of the debt securities purchasable upon exercise of the debt warrants;
|
•
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the title and terms of any related debt securities with which the debt warrants are issued and the number of the debt warrants issued with each debt security;
|
•
|
the date, if any, on and after which the debt warrants and the related debt securities will be separately transferable;
|
•
|
the principal amount of debt securities purchasable upon exercise of each debt warrant and the price at which that principal amount of debt securities may be purchased upon exercise of each debt warrant;
|
•
|
the date on which the right to exercise the debt warrants will commence and the date on which this right will expire;
|
•
|
if applicable, a discussion of United States federal income tax, accounting or other considerations applicable to the debt warrants;
|
•
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whether the debt warrants represented by the debt warrant certificates will be issued in registered or bearer form, and, if registered, where they may be transferred and registered; and
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•
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any other terms of the debt warrants.
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in the form of currency put warrants, entitling their owners to receive from RTX the currency warrant cash settlement value (as defined under "Terms of the Currency Warrants to Be Described in the Prospectus Supplement" below) in U.S. dollars of the right to sell a specified foreign base currency or currency unit or units for a specified amount of U.S. dollars;
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•
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in the form of currency call warrants, entitling their owners to receive from RTX the currency warrant cash settlement value in U.S. dollars of the right to purchase a specified amount of a base currency for a specified amount of U.S. dollars; or
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•
|
in any other form that is specified in the applicable prospectus supplement.
|
•
|
the aggregate amount of the currency warrants;
|
•
|
the initial offering price;
|
•
|
whether the currency warrants shall be currency put warrants, currency call warrants, or otherwise;
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•
|
the formula for determining the currency warrant cash settlement value, if applicable, of each currency warrant;
|
•
|
the procedures and conditions relating to the exercise of the currency warrants;
|
•
|
the circumstances which will cause the currency warrants to be deemed to be automatically exercised;
|
•
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any minimum number of currency warrants which must be exercised at any one time, other than upon automatic exercise;
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•
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the date on which the right to exercise the currency warrants will commence and the date on which the right will expire;
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•
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the identity of the currency warrant agent;
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•
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if applicable, a discussion of United States federal income tax, accounting or other considerations applicable to the currency warrants; and
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•
|
any other terms of the currency warrants.
|
•
|
zero; and
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•
|
an amount calculated as follows:
|
|
|
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constant
|
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-
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(constant x strike price)
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spot rate.
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||||||
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•
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zero; and
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•
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an amount calculated as follows:
|
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(constant x strike price)
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-
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constant
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spot rate.
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in the form of stock-index put warrants, entitling their owners to receive from RTX the stock-index cash settlement value in cash in U.S. dollars, which amount will be determined by reference to the amount, if any, by which the exercise price exceeds the index value at the time of exercise; and
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•
|
in the form of stock-index call warrants, entitling their owners to receive from RTX the stock-index cash settlement value in cash in U.S. dollars, which amount will be determined by reference to the amount, if any, by which the index value at the time of exercise exceeds the exercise price.
|
•
|
the aggregate amount of the stock-index warrants;
|
•
|
the initial offering price of the stock-index warrants;
|
•
|
the stock index for the stock-index warrants, which may be based on one or more U.S. or foreign stocks or a combination of U.S. or foreign stocks and may be a preexisting U.S. or foreign stock index compiled and published by a third party or an index based on one or more underlying stock or stocks selected by RTX solely in connection with the issuance of the stock-index warrants, and specified information regarding the stock index and the underlying stock or stocks;
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•
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whether the stock-index warrants are puts, calls or otherwise;
|
•
|
the date on which the right to exercise the stock-index warrants commences and the date on which this right expires;
|
•
|
the manner in which the stock-index warrants may be exercised;
|
•
|
the maximum number, if any, of the stock-index warrants that may, subject to RTX's election, be exercised by all owners (or by any person or entity) on any day;
|
•
|
any provisions for the automatic exercise of the stock-index warrants other than at expiration;
|
•
|
the method of providing for a substitute index or otherwise determining the amount payable in connection with the exercise of the stock-index warrants if the stock index changes or ceases to be made available by its publisher, which determination will be made by an independent expert;
|
•
|
if applicable, a discussion of United States federal income tax, accounting or other considerations applicable to the stock-index warrants;
|
•
|
any provisions permitting an owner to condition an exercise notice on the absence of specified changes in the index value after the exercise date; and
|
•
|
any other terms of the stock-index warrants.
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•
|
all of our debts and other liabilities; and
|
•
|
any amounts we may owe to the holders of our outstanding preferred stock, if any.
|
•
|
restricting dividends on the common stock;
|
•
|
diluting the voting power of the common stock;
|
•
|
impairing the liquidation rights of the common stock; or
|
•
|
delaying or preventing a change in control of RTX without further action by the stockholders.
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how it handles payments and notices with respect to the securities;
|
•
|
whether it imposes fees or charges;
|
•
|
how it handles voting, if applicable;
|
•
|
how and when you should notify it to exercise on your behalf any rights or options that may exist under the securities;
|
•
|
whether and how you can instruct it to send you securities registered in your own name so you can be a direct holder as described below; and
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•
|
how it would pursue rights under the securities if there were a default or other event triggering the need for holders to act to protect their interests.
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•
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DTC notifies us that it is unwilling or unable to continue as depositary for that global security or if at any time DTC ceases to be a "clearing agency" registered under the Securities Exchange Act of 1934 (the "Exchange Act") and we are unable to find a qualified replacement for DTC within 90 days;
|
•
|
We in our sole discretion determine to allow that global security to be exchangeable for definitive securities in registered form; or
|
•
|
Any event has occurred and is continuing, which after notice or lapse of time, would become an event of default with respect to those securities. (Defaults are discussed earlier under "Description of Debt Securities-Events of Default.")
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•
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to or through underwriters or dealers;
|
•
|
directly to a limited number of purchasers or to a single purchaser; or
|
•
|
through agents.
|
•
|
the name or names of any underwriters, dealers or agents and the amounts of securities underwritten or purchased by each of them;
|
•
|
the initial public offering price of the securities and the proceeds to RTX and any discounts, commissions or concessions allowed or reallowed or paid to dealers; and
|
•
|
any securities exchanges on which the securities may be listed.
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Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on February 3, 2025;
|
•
|
Quarterly Reports on Form 10-Q for the quarters ended March 31, 2025 and June 30, 2025, filed with the SEC on April 22, 2025 and July 22, 2025, respectively;
|
•
|
Current Reports on Form 8-K or 8-K/A filed (not furnished) with the SEC on February 3, 2025 and May 5, 2025; and
|
•
|
Definitive Proxy Statement on Schedule 14A, filed with the SEC on March 10, 2025, pursuant to Section 14 of the Securities Exchange Act of 1934, as amended.
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Item 14.
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Other Expenses of Issuance and Distribution.
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|
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|
|
SEC registration fee
|
|
|
*
|
Printing expenses
|
|
|
†
|
Legal fees and expenses
|
|
|
†
|
Accounting fees and expenses
|
|
|
†
|
Fees and expenses of trustee and counsel
|
|
|
†
|
Rating agency fees
|
|
|
†
|
Miscellaneous
|
|
|
†
|
Total
|
|
|
†
|
|
|
|
|
*
|
Deferred in accordance with Rules 456(b) and 457(r) under the Securities Act of 1933, as amended.
|
†
|
Estimated expenses are not presently known. The foregoing sets forth the general categories of expenses (other than underwriting discounts and commissions) that RTX anticipates it will incur in connection with the offering of securities under this Registration Statement. An estimate of the aggregate expenses in connection with the issuance and distribution of the securities being offered will be included in the applicable prospectus supplement.
|
Item 15.
|
Indemnification of Directors and Officers.
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Item 16.
|
Exhibits.
|
|
|
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|
EXHIBIT NUMBER
|
|
|
DESCRIPTION
|
1.1
|
|
|
Form of Underwriting Agreement for the offering of the debt securities being registered under this Registration Statement (incorporated by reference to Exhibit 1 to the Registration Statement of RTX (formerly known as UTC) on Form S-3, File No. 333-144830, filed with the SEC on July 24, 2007).
|
4.1
|
|
|
Amended and Restated Indenture, dated as of May 1, 2001, between RTX (formerly known as UTC) and The Bank of New York Mellon Trust Company, N.A., successor to The Bank of New York (incorporated by reference to Exhibit 4(a) to RTX's Registration Statement on Form S-3, File No. 333-60276, filed with the SEC on May 4, 2001).
|
4.2
|
|
|
Form of Notes (incorporated by reference to Exhibit 4(b) to RTX's (formerly known as UTC) Registration Statement on Form S-3, File No. 33-40163, filed with the SEC on April 25, 1991).P
|
4.3
|
|
|
Form of Debt Warrant Agreement between RTX (formerly known as UTC) and the Debt Warrant Agent, including a form of Debt Warrant Certificate (incorporated by reference to Exhibit 4(c) to RTX's Registration Statement on Form S-3, File No. 33-40163, filed with the SEC on April 25, 1991).P
|
4.4
|
|
|
Form of Currency Warrant Agreement between RTX (formerly known as UTC) and the Currency Warrant Agent, including a form of Currency Warrant Certificate (incorporated by reference to Exhibit 4(d) to RTX's Registration Statement on Form S-3, File No. 33-40163, filed with the SEC on April 25, 1991).P
|
4.5
|
|
|
Form of Stock-Index Warrant Agreement between RTX (formerly known as UTC) and the Stock-Index Warrant Agent, including a form of Stock-Index Warrant Certificate (incorporated by reference to Exhibit 4(e) to RTX's Registration Statement on Form S-3, File No. 33-40163, filed with the SEC on April 25, 1991).P
|
4.6
|
|
|
Amended and Restated Certificate of Incorporation of Raytheon Technologies Corporation as of May 3, 2023 (incorporated by reference to Exhibit 3.1 to RTX's Current Report on Form 8-K filed with the SEC on May 4, 2023).
|
4.7
|
|
|
Certificate of Amendment of Amended and Restated Certificate of Incorporation of Raytheon Technologies Corporation, effective as of July 17, 2023 (incorporated by reference to Exhibit 3.1 of RTX Corporation's Current Report on Form 8-K filed with the SEC on July 17, 2023).
|
4.8
|
|
|
Bylaws of RTX, as amended and restated effective July 17, 2023 (incorporated by reference to Exhibit 3.2 to RTX's Current Report on Form 8-K filed with the SEC on July 17, 2023).
|
4.9
|
|
|
Form of Certificate of Common Stock (incorporated by reference to Exhibit 4(h) to RTX's (formerly known as UTC) Registration Statement on Form S-3 (File No. 333-167771), filed with the SEC on June 25, 2010).
|
4.10
|
|
|
Junior Subordinated Indenture, dated as of June 18, 2012, between RTX (formerly known as UTC) and The Bank of New York Mellon Trust Company, N.A. (attached as Exhibit 4(i) to RTX's Registration Statement on Form S-3 (File No. 333-188957), filed with the SEC on May 30, 2013).
|
4.11
|
|
|
Form of Junior Subordinated Notes (to be filed as an exhibit to RTX's Current Report on Form 8-K and incorporated by reference herein).
|
4.12
|
|
|
Form of Purchase Contract and Pledge Agreement (to be filed as an exhibit to RTX's Current Report on Form 8-K and incorporated by reference herein).
|
5.1
|
|
|
Opinion letter of Wachtell, Lipton, Rosen & Katz as to the validity of the unsubordinated debt securities, junior subordinated debt securities, debt warrants, currency warrants, stock-index warrants, common stock, stock purchase contracts and equity units.*
|
15.1
|
|
|
Awareness Letter of PricewaterhouseCoopers LLP, independent registered public accounting firm of RTX Corporation.*
|
23.1
|
|
|
Consent of PricewaterhouseCoopers LLP, independent registered public accounting firm of RTX Corporation.*
|
23.2
|
|
|
Consent of Wachtell, Lipton, Rosen & Katz (contained in its letter filed as Exhibit 5.1 to this Registration Statement).*
|
24.1
|
|
|
Powers of Attorney.*
|
|
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|
|
|
EXHIBIT NUMBER
|
|
|
DESCRIPTION
|
25.1
|
|
|
Form T-1 Statement of Eligibility under the Trust Indenture Act of 1939, as amended, of The Bank of New York Mellon Trust Company, N.A. under the Amended and Restated Indenture, dated as of May 1, 2001, between RTX (formerly known as UTC) and The Bank of New York Mellon Trust Company, N.A., successor to The Bank of New York, as Trustee.*
|
25.2
|
|
|
Form T-1 Statement of Eligibility under the Trust Indenture Act of 1939, as amended, of The Bank of New York Mellon Trust Company, N.A. under the Junior Subordinated Indenture, dated as of June 18, 2012, between RTX (formerly known as UTC) and The Bank of New York Mellon Trust Company, N.A., as Trustee.*
|
107
|
|
|
Filing Fee Table*
|
|
|
|
|
*
|
Filed herewith
|
P
|
Paper filing
|
Item 17.
|
Undertakings.
|
(1)
|
To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:
|
(i)
|
To include any prospectus required by Section 10(a)(3) of the Securities Act of 1933;
|
(ii)
|
To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than 20% change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective registration statement; and
|
(iii)
|
To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement;
|
(2)
|
That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
|
(3)
|
To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.
|
(4)
|
That, for the purpose of determining liability under the Securities Act of 1933 to any purchaser:
|
(i)
|
Each prospectus filed by the Registrant pursuant to Rule 424(b)(3) shall be deemed to be part of the registration statement as of the date the filed prospectus was deemed part of and included in the registration statement; and
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(ii)
|
Each prospectus required to be filed pursuant to Rule 424(b)(2), (b)(5), or (b)(7) as part of a registration statement in reliance on Rule 430B relating to an offering made pursuant to Rule 415(a)(1)(i), (vii) or (x) for the purpose of providing the information required by Section 10(a) of the Securities Act of 1933 shall be deemed to be part of and included in the registration statement as of the earlier of the date such form of prospectus is first used after effectiveness or the date of the first contract of sale of securities in the offering described in the prospectus. As provided in Rule 430B, for liability purposes of the issuer and any person that is at that date an underwriter, such date shall be deemed to be a new effective date of the registration statement relating to the securities in the registration statement to which that prospectus relates, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
|
(5)
|
That, for the purpose of determining liability of the Registrant under the Securities Act of 1933 to any purchaser in the initial distribution of the securities, the undersigned Registrant undertakes that in a primary offering of securities of the undersigned Registrant pursuant to this registration statement, regardless of the underwriting method used to sell the securities to the purchaser, if the securities are offered or sold to such purchaser by means of any of the following communications, the undersigned Registrant will be a seller to the purchaser and will be considered to offer or sell such securities to such purchaser:
|
(i)
|
Any preliminary prospectus or prospectus of the undersigned Registrant relating to the offering required to be filed pursuant to Rule 424;
|
(ii)
|
Any free writing prospectus relating to the offering prepared by or on behalf of the undersigned Registrant or used or referred to by the undersigned Registrant;
|
(iii)
|
The portion of any other free writing prospectus relating to the offering containing material information about the undersigned Registrant or its securities provided by or on behalf of the undersigned Registrant; and
|
(iv)
|
Any other communication that is an offer in the offering made by the undersigned Registrant to the purchaser.
|
(6)
|
That, for purposes of determining any liability under the Securities Act of 1933 each filing of the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Securities Exchange Act of 1934) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
|
(7)
|
To file an application for the purpose of determining the eligibility of the trustee to act under subsection (a) of Section 310 of the Trust Indenture Act in accordance with the rules and regulations prescribed by the Commission under Section 305(b)(2) of the Trust Indenture Act.
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RTX CORPORATION
|
||||
|
|
|
|
|||
|
|
By:
|
|
|
/s/ Neil G. Mitchill, Jr.
|
|
|
|
|
|
Name: Neil G. Mitchill, Jr.
|
||
|
|
|
|
Title: Executive Vice President and Chief
Financial Officer
|
||
|
|
|
|
|
|
|
|
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|
|
Signature
|
|
|
Title
|
|
|
||
*
|
|
|
Chairman and Chief Executive Officer
(principal executive officer)
|
Christopher T. Calio
|
|
||
|
|
||
/s/ Neil G. Mitchill, Jr.
|
|
|
Executive Vice President and Chief Financial Officer (principal financial officer)
|
Neil G. Mitchill, Jr.
|
|
||
|
|
||
/s/ Amy L. Johnson
|
|
|
Corporate Vice President and Controller
(principal accounting officer)
|
Amy L. Johnson
|
|
||
|
|
||
*
|
|
|
Director
|
Tracy A. Atkinson
|
|
||
|
|
||
*
|
|
|
Director
|
Leanne G. Caret
|
|
||
|
|
||
*
|
|
|
Director
|
Bernard A. Harris, Jr.
|
|
||
|
|
||
*
|
|
|
Director
|
George R. Oliver
|
|
||
|
|
||
*
|
|
|
Director
|
Ellen M. Pawlikowski
|
|
||
|
|
||
*
|
|
|
Director
|
Denise L. Ramos
|
|
||
|
|
||
*
|
|
|
Director
|
Fredric G. Reynolds
|
|
||
|
|
||
*
|
|
|
Director
|
Brian C. Rogers
|
|
||
|
|
|
|
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|
|
Signature
|
|
|
Title
|
|
|
||
*
|
|
|
Director
|
James A. Winnefeld, Jr.
|
|
||
|
|
||
*
|
|
|
Director
|
Robert O. Work
|
|
||
|
|
|
|
*
|
Ramsaran Maharajh, Jr., by signing his name hereto, does hereby sign this Registration Statement on behalf of the directors of the registrant above whose name asterisks appear, pursuant to powers of attorney duly executed by such directors and filed with the SEC.
|
|
|
|
|
|
|
|
By:
|
|
|
/s/ Ramsaran Maharajh, Jr.
|
|
|
|
|
|
Ramsaran Maharajh, Jr.
|
|
|
||
|
|
Executive Vice President and
|
|
|
||
|
|
General Counsel, as Attorney-in-Fact
|
|
|
||
|
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