RTX Corp
RTXQ2 2024(RTX Q1 FY2024)Estimated1.5% AI
AI Revenue %
1.5%
AI Fair Value
$2.1B
AI Revenue (Q)
$289.6M
Total Revenue (Q)
$19.3B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
10-Q for quarter ended March 31, 2024. Total net sales = $19,305M. Major event: completed sale of Cybersecurity, Intelligence and Services (CIS) business within Raytheon segment for ~$1.3B on March 29, 2024. CIS was among the most AI-adjacent businesses at RTX, focused on cybersecurity, intelligence analytics, and managed security services. Its divestiture reduces AI exposure. However, AI integration into remaining Raytheon defense programs (radar, missiles, autonomous systems) and Collins connected battlespace / FlightAware analytics continues to grow. Also, Canada titanium sanctions caused $175M charge at Collins. Net effect of CIS divestiture vs. organic AI growth in remaining programs: estimate maintained at 1.5%. Math: $19,305M x 1.5% = ~$290M.
Analyzed by claude-opus-4-6
Quoted Figures
On March 29, 2024, we completed the sale of our Cybersecurity, Intelligence and Services (CIS) business within our Raytheon segment for proceeds of approximately $1.3 billion in cash
10-Q Q1 FY2024, Note 2: Acquisitions and Dispositions
Total net sales $19,305 million for quarter ended March 31, 2024
10-Q, Condensed Consolidated Statement of Operations
AI Products Identified (Ring 1)
FlightAware Foresight ML-based predictive analytics (Collins)Connected battlespace / JADC2 systems (Collins)AI-enhanced radar and electronic warfare (Raytheon)AI-enhanced missile guidance and targeting (Raytheon)Simulation and training with AI components (Collins)
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Collins avionics and digital aviation solutionsPratt & Whitney engine health managementRaytheon defense electronics and sensorsCommand and control systems
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix