Nov 13 (Reuters) - RTX Corp ( RTX ) said on Thursday it
will incur non-cash pretax charge of about $300 million in the
fourth quarter related to the transfer of $2.5 billion in
pension obligations to a Prudential Financial ( PRU ) unit through an
annuity buyout.
The annuity buyout will shift responsibility for payments to
about 60,000 retirees and beneficiaries, or about one-third of
those covered by the defense company's plan, to the insurer.
The transaction is expected to close by December 30, 2025.