Raytheon Technologies(RTX)
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RTX's Pratt & Whitney GTF™ Engines Surpass 950 Orders and Commitments in 2024
Prnewswire· 2024-07-24 13:00
LONDON, July 24, 2024 /PRNewswire/ -- Farnborough Air Show – Pratt & Whitney, an RTX (NYSE: RTX) business, announced more than 950 GTF engine orders and commitments since the beginning of 2024. Airlines and lessors that have announced orders include Avolon, Breeze Airways, Cebu Pacific, Icelandair, JetSMART, Mexicana, SKY Airline, SMBC, and Vietjet. In total, more than 11,000 GTF engine orders and commitments have been placed by more than 90 customers worldwide. "These orders demonstrate continued customer ...
RTX's Pratt & Whitney GTF™ engines to power 11 Airbus A220 aircraft for Air Niugini
Prnewswire· 2024-07-24 12:00
Group 1 - Air Niugini is modernizing its fleet by upgrading to next-generation aircraft with efficient engines, which will significantly reduce fuel consumption and emissions while enhancing passenger experience and expanding route offerings [1][2] - Pratt & Whitney has finalized engine and aftermarket agreements for GTF engines to power Air Niugini's fleet of 11 Airbus A220 aircraft, marking Air Niugini as a first-time GTF customer [1][2] - The GTF engines provide unmatched payload and range, enabling Air Niugini to open new international routes and benefit from industry-leading fuel efficiency [2][3] Group 2 - Air Niugini operates an extensive domestic network and international routes to Australia, Asia, and the Pacific, with the new fleet expected to deliver more capacity and greater reliability [3] - Pratt & Whitney is recognized as a world leader in the design, manufacture, and service of aircraft engines and auxiliary power units [4] - RTX, the parent company of Pratt & Whitney, reported sales of $69 billion in 2023 and employs over 185,000 people globally, focusing on advancing aviation and integrated defense systems [5]
Collins Aerospace relocating Singapore plant to new $250M manufacturing facility in Seletar Aerospace Park, Singapore
Prnewswire· 2024-07-24 04:00
LONDON, July 24, 2024 /PRNewswire/ -- Farnborough Air Show — Collins Aerospace, an RTX (NYSE: RTX) business, today announced the relocation of its Singapore manufacturing facility to a new, state-of-the-art site in Seletar Aerospace Park, Singapore. This move represents a significant investment of $250 million and will bolster the company's capabilities and commitment to innovation and excellence in the aerospace industry. Seletar Aerospace Park is home to the world's leading aerospace companies. Employees ...
RTX's Ascentia® awarded first predictive maintenance customer in Turkey with Freebird Airlines
Prnewswire· 2024-07-24 04:00
Freebird Airlines gains a connected ecosystem through real-time data insights LONDON, July 24, 2024 /PRNewswire/ -- Farnborough Air Show – Freebird Airlines has selected Collins Aerospace, an RTX business (NYSE: RTX) to add a comprehensive suite of digital solutions enabling the airline to make proactive decisions to improve operations across its A320 fleet of aircraft. Freebird Airlines will implement Ascentia®, a cloud-based data management and analytics platform designed to provide a holistic view of air ...
RTX's Raytheon partners with AVIO to build a more resilient U.S. Defense Industrial Base for solid rocket motor production
Prnewswire· 2024-07-23 16:00
Raytheon signs contract with AVIO to continue the development of solid rocket motor solutions to meet USG and Allied Demand. In April 2024, Avio completed its preliminary design development to support the pressing need for additional sources for two critical solid rocket motor systems. Avio's planned investments in capability and capacity enable them to help support immediate customer demand. Avio is leveraging its Italian manufacturing and engineering teams' existing capabilities to support the maturation ...
Will Rising Commercial Air Traffic Aid RTX in Q2 Earnings?
ZACKS· 2024-07-23 12:31
RTX Corp. (RTX) is set to release second-quarter 2024 results on Jul 25, before market open. The company delivered an average earnings surprise of 6.86% in the last four quarters. Improving commercial air traffic and a solid development volume for the F135 core upgrade program are likely to benefit RTX's quarterly results amid high-interest expenses. Growing Commercial Sales: A Key Growth Catalyst Steadily increasing domestic and international commercial air traffic, resulting in increased flight hours, has ...
RTX's Pratt & Whitney delivers F100 engine in support of Poland's F-16 Fighting Falcon fleet
Prnewswire· 2024-07-23 10:45
Core Insights - Pratt & Whitney has delivered an F100 engine to Poland to enhance the readiness of its F-16 fleet, which exclusively uses Pratt & Whitney engines [1][2] - The F100 engine is crucial for 23 global air forces, and there is an increasing demand for its latest generation [2] - The F100 engine has accumulated over 30 million flight hours across global F-16 and F-15 fleets, significantly outperforming other fourth-generation fighter engines [3] Company Overview - Pratt & Whitney is a leader in the design, manufacture, and service of aircraft engines and auxiliary power units [4] - RTX, the parent company of Pratt & Whitney, employs over 185,000 people globally and reported sales of $69 billion in 2023 [5]
Avolon selects RTX's Pratt & Whitney GTF™ engines to power up to 160 Airbus A320neo family aircraft
Prnewswire· 2024-07-23 10:30
Agreement is aircraft lessor's first direct GTF engine order LONDON, July 23, 2024 /PRNewswire/ -- Farnborough Air Show - Pratt & Whitney, an RTX (NYSE: RTX) business, announced today that Avolon has selected GTF engines to power 80 Airbus A320neo family aircraft. The order means Avolon will have 158 GTF-powered aircraft in its delivered and committed fleet, with options for engines to power 80 additional aircraft. This order represents one of Pratt & Whitney's largest transactions with a lessor for its GTF ...
RTX's StormBreaker goes 14 for 14 from the F-35C in U.S. Navy flight tests
Prnewswire· 2024-07-23 10:00
RTX tests StormBreaker across four separate platforms, with three services, for 28 total flight tests in 2023 "Service-members need trusted weapons that are highly survivable, network enabled and keep them as far from harm's way as possible," said Paul Ferraro, president of Air & Space Defense Systems at Raytheon. "StormBreaker's unique capabilities position it as the right choice for multiple generations of weapons systems." About Raytheon About RTX For questions or to schedule an interview, please contact ...
Cebu Pacific Celebrates Agreement for up to 152 A321neo Aircraft Order with Airbus, RTX's Pratt & Whitney
Prnewswire· 2024-07-22 12:12
Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units. To learn more, visit www.prattwhitney.com. With more than 185,000 global employees, RTX pushes the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – we are advancing aviation, engineering integrated defense systems, and developing nextgeneration technology solutions and ...