Pratt & Whitney GTF™ engines selected for follow-on A320neo and A321neo order SINGAPORE, Feb. 20, 2024 /PRNewswire/ -- (Singapore Airshow) -- Pratt & Whitney, an RTX (NYSE: RTX) business, was selected by Cebu Pacific Air (Cebu Pacific) to provide GTF engines to power an additional 10 A321neo and five A320neo aircraft. Pratt & Whitney will also provide Cebu Pacific with GTF engine maintenance through an EngineWise® Comprehensive service agreement. Rick Deurloo, president of Commercial Engines at Pratt & W ...

New MRO line will serve over 300 PT6C-67C-powered AW139 helicopters globallySINGAPORE, Feb. 19, 2024 /PRNewswire/ -- (SINGAPORE AIRSHOW) -- Pratt & Whitney Canada announced today it will expand its maintenance, repair and overhaul (MRO) capabilities by creating a new overhaul line in Singapore for its PT6C-67C engines, which power the Leonardo AW139 medium-twin helicopter. Pratt & Whitney is an RTX (NYSE: RTX) business. Pratt & Whitney Canada adds a new MRO line for the PT6C-67C helicopter engine at its ...

Investment to significantly increase the facility's output yield of turbine disks and headcountSINGAPORE, Feb. 19, 2024 /PRNewswire/ -- (Singapore Airshow) -- Pratt & Whitney, an RTX (NYSE: RTX) business, today announced a $20 million investment to grow its manufacturing capacity in Singapore for the production of Pratt & Whitney GTF™ engine high pressure turbine (HPT) disks. The capacity expansion is expected to increase the facility's workforce by more than 10% over the next two years. Pratt & Whitney ...

Site is one of more than 20 RTX facilities that purchase 100% of their electricity from renewable resourcesSINGAPORE, Feb. 19, 2024 /PRNewswire/ -- (SINGAPORE AIRSHOW) -- Collins Aerospace, an RTX (NYSE: RTX) business, today announced its facility in Tanauan City, Philippines is now operating on 100% renewable electricity. The site, which is part of Collins' Interiors business, manufactures galleys and galley inserts, lavatories, seating and oxygen systems for commercial aircraft. Collins' facility in Ta ...

SINGAPORE, Feb. 19, 2024 /PRNewswire/ -- (SINGAPORE AIRSHOW) Pratt & Whitney, an RTX (NYSE: RTX) business, today announced the official opening of a 48,000 square-foot expansion of its Singapore based engine center, Eagle Services Asia (ESA). The facility will grow its GTF capacity by two-thirds this year. Pratt & Whitney’s Eagle Services Asia will grow its GTF capacity by two thirds in 2024. "This expansion demonstrates our commitment to building industrial capacity by continuing to invest in our strat ...

Over 30 innovations implemented to accelerate MRO performanceSINGAPORE, Feb. 18, 2024 /PRNewswire/ -- (SINGAPORE AIRSHOW) Pratt & Whitney, an RTX (NYSE: RTX) business announced today the significant progress in advancing maintenance, repair, and overhaul (MRO) performance spearheaded by the opening of its Singapore Technology Accelerator (STA). Pratt & Whitney’s Singapore Technology Accelerator focuses on automation, advanced inspection, connected factory and digital twin to improve MRO performance. In ...

RTX Corporation (RTX) recently announced that its Pratt & Whitney unit has been awarded a $355 million contract for F100 engine performance-based logistics (PBL) by South Korea's Defense Acquisition Program Administration (“DAPA”).The contract marks the third consecutive PBL contract that Pratt & Whitney and DAPA have signed since 2012. This reflects the decade-long relationship to elevate the overall readiness of the Republic of Korea Air Force's fleet, comprising F-15 Eagles and F-16 Fighting Falcons.Sust ...

RTX businesses Collins Aerospace, Pratt & Whitney, and Raytheon to display latest transformative technologies—creating a safer, more connected world SINGAPORE, Feb. 15, 2024 /PRNewswire/ -- (SINGAPORE AIRSHOW) — RTX (NYSE: RTX), the world's largest aerospace and defense company, is set to feature its latest commercial and defense technologies at the Singapore Airshow taking place February 19-24. The company will highlight its commitment to serving the needs of a growing military and commercial aviation cust ...

RTX (RTX) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this an aerospace and defense company have returned +6% over the past month versus the Zacks S&P 500 composite's +3.7% change. The Zacks Aerospace - Defense industry, to which RTX belongs, has lost 1.8% over this period. Now the key question is: Where could the stock be headed in the near term?Although media rep ...

RTX's (RTX -0.60%) mix of commercial aerospace businesses makes it attractive for dividend investors. The defense business is known for its solidity thanks to its highly creditworthy customers. Meanwhile, its airplane engines (Pratt & Whitney) generate aftermarket earnings for decades, and its commercial aerospace component business (Collins Aerospace) is a critical player in servicing both original equipment and aftermarket demand. That all points to long-term earnings generation and dividend growth.Still, ...