Defense prime · RTX
RTX (RTX) gets 38% of its revenue from the U.S. government
What RTX reports in its FY2025 10-K, and what federal contract records show.
Summary
RTX sold $33.3B to the U.S. government in FY2025, 38% of $88.6B in total sales, a figure that excludes foreign military sales. The company's 10-K table shows U.S. government sales rising in dollars in each of the last three years while falling as a share of the total, because its commercial aerospace businesses, Collins Aerospace and Pratt & Whitney's commercial engines, grew faster.
The Navy awarded 48% of the $31.0B in prime contract obligations we matched to RTX in federal fiscal year 2025. Much of that is the F135 engine that Pratt & Whitney builds for the F-35, which is contracted through Naval Air Systems Command; one lot (N0001920C0011) carries $7.50B in obligations to date. Matched obligations came to 0.93 times the U.S. government revenue RTX reports, a close match between the two measures.
RTX's share counts foreign military sales as international. On a definition that includes them, as General Dynamics' and Boeing's do, its share would be higher. The Javelin missile joint venture with Lockheed Martin is listed below and kept out of these totals.
Share of revenue over time
RTX: U.S. government share of revenue, by fiscal year
What RTX counts as government revenue
- Definition used
- U.S. government (excludes FMS)
- Foreign military sales
- Excluded (the company counts them as international sales)
- Subcontract work
- Not stated
- Adjusted ex-FMS share
- Same as reported: the figure already excludes FMS
“Sales to the U.S. government (1) | $33,279 | $32,246 | $31,628 | 38% | 40% | 46%”
RTX, FY2025 Form 10-K · read the filing
Company reports $33.28B directly.
The contract record
Prime contract obligations on USAspending.gov for the 32 recipient records we matched to RTX (obligations are not revenue).
In FFY2025, 98.5% of these obligations came from the Department of Defense and 1.5% from civilian agencies.
Contract obligations by awarding agency, FFY2025
Top 8 awarding sub-agencies; the rest grouped as Other.
| Awarding agency | Obligations | Share |
|---|---|---|
| Department of the Navy | $14.9B | 48% |
| Department of the Air Force | $6.78B | 21.8% |
| Department of the Army | $4.08B | 13.1% |
| Missile Defense Agency | $2.23B | 7.2% |
| Defense Logistics Agency | $1.64B | 5.3% |
| Defense Microelectronics Activity | $642M | 2.1% |
| U.S. Special Operations Command | $227M | 0.7% |
| Federal Aviation Administration | $198M | 0.6% |
| Other | $356M | 1.1% |
Obligations by federal fiscal year
| Federal fiscal year | Obligations | Note |
|---|---|---|
| FFY2026 | $31.1B | preliminary DoD data posts with a 90-day delay |
| FFY2025 | $31.0B | Matched to FY2025 |
| FFY2024 | $23.9B | |
| FFY2023 | $27.4B | |
| FFY2022 | $24.3B | |
| FFY2021 | $19.6B |
Largest contracts active in FFY2025
Ranked by total obligated value to date on each award (all years), among awards with activity in FFY2025. Links open the award on USAspending.gov.
| Award | Agency | Description | Obligated to date | Period |
|---|---|---|---|---|
| N0001918C1021Rtx Corporation | Department of the Navy | LOT 12 AAC LONG LEAD FOR PROPULSION SYSTEMS | $8.69B | 2018–2024 |
| N0001920C0011Rtx Corporation | Department of the Navy | LOT 15 FMS-1 F135 CTOL PROP SYSTEM | $7.50B | 2020–2030 |
| N0001923C0030Rtx Corporation | Department of the Navy | LOT 18 PNR/TOOLING | $6.64B | 2023–2028 |
| N0002405C5346Raytheon Company | Defense Contract Management Agency | No description on file | $5.67B | 2005–2015 |
| W31P4Q15C0022Raytheon Company | Department of the Army | TEN FIRE UNITS FOR QATAR | $5.60B | 2014–2025 |
| N0002422C5500Raytheon Company | Department of the Navy | AN/SPY-6(V) HARDWARE PRODUCTION | $5.08B | 2022–2031 |
| N0001921C0011Rtx Corporation | Department of the Navy | FY21 PBL2 | $4.87B | 2020–2030 |
| FA880710C0001Raytheon Company | Department of the Air Force | GPS ADVANCED CONTROL SEGMENT (OCX) PHASE B BLOCKS 1 AND 2 | $4.51B | 2010–2026 |
| FA861108C2896Rtx Corporation | Department of the Air Force | F119 ENGINE LONG TERM SUSTAINMENT PROGRAM FOR THE RAPTOR ENGINE (SPARE) | $3.65B | 2008–2022 |
| FA865925CB003Raytheon Company | Department of the Air Force | ADVANCED MEDIUM RANGE AIR-TO-AIR MISSILE (AMRAAM)LOTS 39-40 | $3.38B | 2025–2030 |
Recipients we matched to RTX
These USAspending recipient records are rolled into the figures above. Readers can check each one; if a match looks wrong, tell us.
| Recipient name | UEI | How matched | FFY2025 obligations |
|---|---|---|---|
| RAYTHEON COMPANY | VTEWM5QSE598 | Name pattern | $10.8B |
| RTX CORPORATION | QN1BCFY7JDJ5 | Name pattern | $7.28B |
| RAYTHEON COMPANY | XSV6AZJ6SDJ7 | Name pattern | $3.39B |
| RAYTHEON COMPANY | YD6LTFVUZNG1 | Name pattern | $2.36B |
| RAYTHEON COMPANY | NBSLHP77ZJQ1 | Name pattern | $2.07B |
| RAYTHEON COMPANY | LWF3QUSCDNG1 | Name pattern | $191M |
| RAYTHEON COMPANY | HEBCLD22EJD1 | Name pattern | $989M |
| ROCKWELL COLLINS, INC. | J4Q3HP6NHK47 | Name pattern | $925M |
| RAYTHEON COMPANY | MZK8TCNF24G2 | Name pattern | $937M |
| RAYTHEON COMPANY | QF4VA87ST9F7 | Name pattern | $635M |
| RAYTHEON COMPANY | Y5ZZFR2AQC63 | Name pattern | $233M |
| RAYTHEON COMPANY | JLWLJXQ3M995 | Name pattern | $299M |
| ROCKWELL COLLINS, INC. | SWBKVD2EKUH7 | Name pattern | $295M |
| RAYTHEON COMPANY | GMBYU6KAN9J3 | Name pattern | $211M |
| RAYTHEON COMPANY | M1BVCGDKJ1L7 | Name pattern | — |
| RAYTHEON COMPANY | GJJCW7W8HCF5 | Name pattern | — |
| ROCKWELL COLLINS SIMULATION & TRAINING SOLUTIONS LLC | V1GUE46V5MS5 | Name pattern | $122M |
| RAYTHEON COMPANY | GT1XPHXLRRQ1 | Name pattern | $54.5M |
| RAYTHEON COMPANY | K1H5GGQPBLV5 | Name pattern | — |
| RAYTHEON COMPANY | FBTTZQ8ZLK26 | Name pattern | $44.5M |
| RAYTHEON SOUTHEAST ASIA SYSTEMS COMPANY | JAJTY1NGQFN9 | Name pattern | — |
| RAYTHEON COMPANY | ENC9Y8JGL3E9 | Name pattern | — |
| RAYTHEON COMPANY | RJ6ANLQ5D1L7 | Name pattern | — |
| RAYTHEON COMPANY | JVT2KW1LE2S3 | Name pattern | $45.9M |
| RTX BBN TECHNOLOGIES, INC. | JAXJSTJJSP74 | Name pattern | $94.7M |
| RAYTHEON COMPANY | HSLPBHN3E7Q3 | Name pattern | — |
| RAYTHEON COMPANY | DNT6EUE5WNU8 | Name pattern | — |
| RAYTHEON COMPANY | F1ZBMFDJMGL3 | Name pattern | — |
| RAYTHEON COMPANY | S7NEKPHEMP26 | Name pattern | $64.3M |
| RAYTHEON COMPANY | F24UGAM8N397 | Name pattern | — |
| RAYTHEON COMPANY | HTMUK1RW2GY3 | Name pattern | — |
| RAYTHEON COMPANY | C6Z6WQKFN7M6 | USAspending parentRAYTHEON COMPANY | — |
Joint ventures (not included in totals)
- Javelin Joint Venture, with Lockheed Martin. Joint ventures are not split between partners.
Peers
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Sources
- RTX, FY2025 annual report (U.S. government share) (accessed October 15, 2026)
- RTX, FY2024 annual report (U.S. government share) (accessed October 16, 2026)
- RTX, FY2023 annual report (U.S. government share) (accessed October 16, 2026)
- RTX, FY2022 annual report (U.S. government share) (accessed October 16, 2026)
- RTX, FY2021 annual report (U.S. government share) (accessed October 16, 2026)
- SEC XBRL company facts for RTX (revenue history) (accessed October 16, 2026)
- USAspending.gov recipient profile: Raytheon Company (accessed October 16, 2026)
- USAspending.gov API, prime contract awards (award types A–D) (accessed October 16, 2026)
- Federal Exposure methodology