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© 2020 Raytheon Technologies All rights reserved3Q2020 Earnings Conference Call October 27, 2020
© 2020 Raytheon Technologies
All rights reserved3Q2020 Earnings
Forward -Looking Statements
This press release contains statements which, to the extent they are not statements of historical or present fact, constitute “forward -looking statements” under the securities laws. From time to time, oral or written forward -
looking statements may also be included in other information released to the public. These forward -looking statements are intend ed to provide Raytheon Technologies Corporation’s (“RTC”) management’s current
expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid . Forward -looking statements can be identified by the use of words such as “believe,” “expect,”
“expectations,” “plans,” “strategy,” “prospects,” “estimate,” “project,” “target,” “anticipate,” “will,” “should,” “see,” “gu idance,” “outlook,” “confident,” “on track” and other words of similar meaning. Forward -looking statements
may include, among other things, statements relating to future sales, earnings, cash flow, results of operations, uses of cas h, share repurchases, tax rates, R&D spend, other measures of financial performance, potential
future plans, strategies or transactions, credit ratings and net indebtedness, other anticipated benefits to RTC of United Te chnologies Corporation’s (“UTC”) Rockwell Collins acquisition, the merger between UTC and
Raytheon Company (“Raytheon”, and such merger, the “merger”) or the spin -offs by UTC of Otis Worldwide Corporation and Carrier G lobal Corporation into separate independent companies (the “separation
transactions”), including estimated synergies and customer cost savings resulting from the merger and the separation transact ions and other statements that are not solely historical facts. All forward -looking statements
involve risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or imp lied in the forward -looking statements. For those statements, we claim the protection of the safe
harbor for forward -looking statements contained in the U.S. Private Securities Litigation Reform Act of 1995. Such risks, uncert ainties and other factors include, without limitation: (1) the effect of economic conditions in the
industries and markets in which RTC operates in the U.S. and globally and any changes therein, including financial market con ditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates,
levels of end market demand in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial a irlines, and the impact of pandemic health issues (including
COVID -19 and its effects, among other things, on global supply, demand and distribution capabilities as the COVID -19 outbreak co ntinues and results in an increasingly prolonged period of disruption to air travel and
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