What is the main purpose of this 8-K filing?

The primary purpose of this 8-K filing is to provide investors with access to the historical financial statements of Raytheon Company, which are being filed in connection with the previously announced merger between United Technologies Corporation (UTC) and Raytheon. It also serves to update on the ongoing merger and separation processes and to reiterate cautionary statements regarding future projections.

What financial information is being provided for Raytheon?

The filing includes Raytheon's audited consolidated financial statements for the fiscal years ended December 31, 2018, 2017, and 2016. Additionally, interim unaudited financial information for the three-month periods ending March 31, 2019, and April 1, 2018, and the six-month periods ending June 30, 2019, and July 1, 2018, are provided.

What are the key risks highlighted in the filing?

The filing contains a comprehensive 'Cautionary Statement Regarding Forward-Looking Statements' that details numerous risks. These include general economic conditions, challenges in developing and delivering new products, risks associated with the merger and separation transactions (including integration difficulties and realization of synergies), future indebtedness, availability of credit, delays in supplier deliveries, cost reduction efforts, legal proceedings, changes in political and regulatory environments, and the potential negative impact of the transaction announcements on stock prices.

Where can investors find more detailed information about the merger and separation?

Investors are strongly urged to read the joint proxy statement/prospectus, which was filed with the SEC and declared effective on September 9, 2019, and commenced mailing on September 10, 2019. Additional relevant documents related to the merger and the separation transactions will also be filed with the SEC and can be obtained free of charge from the SEC's website or directly from UTC and Raytheon's investor relations departments.

RTX 8-K SEC Disclosure — Sep 27, 2019

Summary

This 8-K filing from RTX Corp (formerly United Technologies Corporation, UTC) on September 27, 2019, primarily serves as an update regarding the previously announced merger with Raytheon Company. The key information for investors is the filing of Raytheon's audited financial statements for the years ending December 31, 2018, 2017, and 2016, along with interim unaudited financial information for periods ending in 2019 and 2018. These filings are crucial for investors to assess the financial health and historical performance of Raytheon as a component of the forthcoming combined entity. The filing also emphasizes the ongoing process for the merger and the planned separation of UTC's Otis and Carrier businesses. It includes extensive cautionary statements regarding forward-looking statements, detailing numerous risks and uncertainties that could impact the actual outcomes of the merger, separation transactions, and the combined company's future performance. Investors are urged to review the joint proxy statement/prospectus and other SEC filings for comprehensive details on the transaction.

Key Highlights

1Filing of Raytheon Company's audited consolidated financial statements for fiscal years 2018, 2017, and 2016.
2Inclusion of Raytheon Company's interim unaudited financial information for periods ending in 2019 and 2018.
3Confirmation of the ongoing merger agreement between United Technologies Corporation (UTC) and Raytheon Company, with Raytheon to survive as a subsidiary of UTC.
4Announcement of the planned separation of UTC's Otis and Carrier businesses into independent companies.
5Extensive discussion of risks and uncertainties related to the proposed merger and separation transactions, impacting future financial performance.
6Guidance for investors to consult the joint proxy statement/prospectus and other SEC filings for detailed information and important disclosures.
7Inclusion of consents from PricewaterhouseCoopers LLP, the independent registered public accounting firm for Raytheon.

RTX Corp 8-K Report, Corporate Update (Sep 27, 2019)

Summary

Key Highlights

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