Raytheon Technologies Corp Investor Meeting Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Kenneth George Herbert - RBC Capital Markets, Research Division - Analyst : Ken Herbert with RBC. You called out, Steve, about 60% of the aftermarket as parts and repair, I believe, but I think you called out that the upgrades and digital may be seeing the fastest growth. Can you just comment, at least maybe directionally, how margins are within the aftermarket between those different business lines? And would that be a significant headwind, aftermarket margins? Did you really see acceleration in parts of the business beyond just parts and repairs?

Question: Kenneth George Herbert - RBC Capital Markets, Research Division - Analyst : Yes. The $500 million escape and the cash impact from Pratt, does that all capture to the third quarter, some spill into the fourth? And then maybe just if you could comment on these things seem to -- one-off seem to crop up regularly sort of what you're doing differently here with the -- I know you're doing a lot different, obviously, but maybe just to address that from a recurrent standpoint. REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. JUNE 19, 2023 / 6:30AM, RTX.N - Raytheon Technologies Corp Investor Meeting