RTX to take $300 mln fourth quarter charge tied to pension buyout
Reuters
Nov 13, 2025
RTX to take $300 mln fourth quarter charge tied to pension buyout
Nov 13 (Reuters) - RTX Corp RTX.N said on Thursday it will incur non-cash pretax charge of about $300 million in the fourth quarter related to the transfer of $2.5 billion in pension obligations to a Prudential Financial unit through an annuity buyout.
The annuity buyout will shift responsibility for payments to about 60,000 retirees and beneficiaries, or about one-third of those covered by the defense company's plan, to the insurer.
The transaction is expected to close by December 30, 2025.
(Reporting by Aishwarya Jain in Bengaluru; Editing by Leroy Leo)
((Aishwarya.Jain@thomsonreuters.com;))
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