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Bloomberg· 2025-08-08 09:16
Financial Implications - Rolls-Royce is approaching a deal to offload its UK pension pot to an insurer [1] - The move would remove almost £4 billion (approximately $5 billion USD) in liabilities from Rolls-Royce's balance sheet [1] Company Strategy - Rolls-Royce aims to reduce its financial liabilities by transferring its UK pension obligations [1]
GXO Strengthens Aerospace Business with RTX’s Pratt & Whitney Contract Renewal in the U.S.
GlobeNewswire· 2025-08-04 11:00
GXO has managed Pratt & Whitney's warehouse operations in Oklahoma City since 2018 GREENWICH, Conn., Aug. 04, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, today announced the renewal of its agreement with Pratt & Whitney, an RTX business. GXO will continue to provide warehouse and HMC management out of Pratt & Whitney's operations facility in Oklahoma City, Okla., the business's largest military engines field location. "Pratt & Whitney' ...