Summary
This 8-K filing from RTX Corp (formerly United Technologies Corporation or UTC) serves to supplement a previous filing by providing crucial financial statements and pro forma information related to the acquisition of Rockwell Collins. The merger, which closed on November 26, 2018, was a significant strategic move for UTC, integrating Rockwell Collins' aerospace technology and capabilities into its existing portfolio. This filing makes available the audited financial statements of Rockwell Collins for the fiscal years ending September 30, 2018, 2017, and 2016, allowing investors to scrutinize the acquired entity's historical performance. Furthermore, the report includes unaudited pro forma condensed combined financial information. This pro forma data presents a hypothetical combined financial picture as if the acquisition had occurred at an earlier point in time, specifically showing the balance sheet as of September 30, 2018, and the statement of operations for the nine months ended September 30, 2018, and the full year 2017. This is critical for investors to understand the potential impact of the merger on RTX's consolidated financial position and results of operations going forward.
Key Highlights
- 1Filing provides audited financial statements for Rockwell Collins for fiscal years 2018, 2017, and 2016, previously not included.
- 2Includes unaudited pro forma condensed combined financial information reflecting the acquisition of Rockwell Collins.
- 3Pro forma balance sheet is presented as of September 30, 2018.
- 4Pro forma statements of operations cover the nine-month period ended September 30, 2018, and the full year 2017.
- 5This filing supplements an earlier 8-K that reported the completion of the merger between UTC and Rockwell Collins.
- 6The merger itself, which closed on November 26, 2018, is a material event impacting RTX's structure and future operations.
- 7Consent of Deloitte & Touche LLP is included as an exhibit, indicating their involvement in the financial reporting aspects.