RTX's Pratt & Whitney broadens manufacturing capabilities with $200 million investment in Columbus, Georgia [Accessibility Statement] Skip NavigationCompany adding seventh isothermal forging press to support commercial and military programs following $70M GTF MRO expansionCOLUMBUS, Ga., Feb. 24, 2026 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, is investing $200 million to expand the capabilities and footprint of its Columbus, Georgia, operations, which support commercial and military engin ...

Core Insights - The aircraft-engine manufacturer anticipates increased revenue for the year, driven by significant growth in its commercial series business [1] Group 1 - The company forecasts higher revenue this year [1] - The growth is particularly strong in the commercial series business [1]

Core Viewpoint - Rolls-Royce is advocating for the UK government to provide taxpayer support for a new aircraft engine project, which requires an investment of 3 billion pounds ($4.05 billion) [1] Group 1 - Rolls-Royce is seeking government backing to secure funding for the development of a new aircraft engine [1] - The total investment needed for the project is 3 billion pounds, equivalent to approximately $4.05 billion [1]

Group 1: Company Overview - Vietjet Air has selected an additional 44 GTF-powered Airbus A320neo family aircraft, increasing its total orders to 137 GTF-powered aircraft, with deliveries starting in July 2026 [1] - The airline currently operates a fleet of 42 GTF-powered A321neo aircraft and has previously committed to up to 93 aircraft of this type [2] - Vietjet operates an extensive Asia-Pacific network, connecting Vietnam and Thailand with various countries, and aims to provide competitive flying experiences through strategic partnerships [4] Group 2: Engine Technology and Partnership - The GTF engine, which Vietjet utilizes, offers industry-leading operating economics and fuel efficiency of up to 20% lower fuel consumption compared to previous generations [2][3] - Pratt & Whitney will provide a 12-year EngineWise® Comprehensive service agreement for engine maintenance to Vietjet [1] - The GTF engine is recognized for its 75% smaller noise footprint and enhanced payload and range capabilities, with over 2,600 GTF-powered aircraft delivered globally [3] Group 3: Industry Position and Recognition - Vietjet is recognized as Vietnam's largest private carrier and has been awarded the highest safety ranking of 7 stars by airlineratings.com [8][9] - The airline has been listed among the world's 50 best airlines for healthy financing and operations by Airfinance Journal [9] - Vietjet has received accolades as the Best Low-Cost Carrier from various renowned organizations [9]

Company Overview - GE Aerospace (NYSE:GE) manufactures commercial and defense aircraft engines, power systems, and related components, and provides maintenance, repair, and overhaul services along with spare parts for aviation and military applications [2] Performance Insights - CEO Larry Culp is recognized as a transformative leader for GE, credited with orchestrating a successful breakup of the company and driving significant self-improvement within GE Aerospace [1] - The stock price of GE Aerospace has seen substantial growth, increasing from $62 two years ago to $318 today, indicating a remarkable performance [1] - Despite a recent decline in stock price from a high of $310 to $295, the overall performance metrics, including gross margin improvement, remain strong [1]

Founded in 1892, Evendale, Ohio-based GE Aerospace (GE) designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and mechanical aircraft systems. The company’s market cap is around $338.3 billion. The company is expected to announce its fiscal fourth-quarter earnings for 2025 on Thursday, Jan. 22. Ahead of the event, analysts expect GE Aerospace to report a profit of $1.40 per share on a diluted basis, up 6.1% from $1.32 per share in the year-ago quarter ...

Core Insights - Bristol Gate Capital Partners' Q3 2025 investor letter indicates that the US Equity Strategy underperformed the S&P 500® Total Return Index this quarter but excelled in dividend growth, achieving a 15% increase over the past 12 months due to strong fundamentals [1] Company Performance - GE Aerospace (NYSE:GE) reported a one-month return of 7.77% and an impressive 86.94% increase in share value over the last 52 weeks, closing at $311.79 per share with a market capitalization of $330.634 billion on December 30, 2025 [2] - The performance of GE Aerospace was bolstered by excellent results in July, with key metrics such as orders, revenue, operating profit, and earnings per share all showing over 20% growth. The Commercial Engines & Services segment experienced a 29% surge in services revenue and a 45% increase in total commercial engine units, indicating strong demand for spare parts and maintenance services [3] Market Position - GE Aerospace ranks 29th among the 30 Most Popular Stocks Among Hedge Funds, with 102 hedge fund portfolios holding its stock at the end of Q3, an increase from 100 in the previous quarter [4]

Core Insights - Pratt & Whitney has been awarded a $1.6 billion contract for the sustainment of F135 engines, which are essential for the F-35 Lightning II fighter aircraft [1][2] Group 1: Contract Details - The contract will fund critical sustainment activities such as depot level maintenance, spare parts replenishment, material management, propulsion system integration, engineering support, and software sustainment for both U.S. and international customers [2] - The F135 sustainment network includes multiple global depot facilities, 39 bases, and 12 ships worldwide, ensuring mission readiness for F-35 operators [3] Group 2: Strategic Importance - The investment in F135 sustainment is aimed at keeping allied forces prepared to address current and future threats, enhancing the operational capabilities of F-35 operators globally [3] - Pratt & Whitney has delivered over 1,300 F135 production engines to 20 allied nations, indicating a strong global presence and reliance on the F135 engine [4] Group 3: Future Outlook - The F135 Engine Core Upgrade will utilize the existing sustainment network to provide cost-effective infrastructure that enhances readiness and support for F-35 partner nations for decades [4] - RTX, the parent company of Pratt & Whitney, is positioned as the world's largest aerospace and defense company, with projected sales exceeding $80 billion in 2024 [6]

Core Insights - The Pratt & Whitney Canada PT6A turboprop engines have achieved over 1 million flight hours in 2025, marking nearly 50 years of service in agricultural aviation and firefighting missions [1][3] - The PT6A engine family has produced close to 5,000 engines since its inception, with eight different models developed to support various aerial applications [1][2] - The PT6 engine family has powered over 155 different aircraft types and accumulated more than 500 million flying hours since its introduction in 1963, showcasing its reliability and performance [3] Company Overview - Pratt & Whitney Canada is a subsidiary of RTX, a leading aerospace and defense company with over 185,000 employees and projected sales exceeding $80 billion in 2024 [5] - The company has a global service network with more than 55 facilities in 25 countries, providing maintenance, repair, and overhaul (MRO) services for its engines [5] Industry Impact - The PT6A engines are utilized in single-engine aircraft manufactured by Air Tractor and Thrush Aircraft, which play a crucial role in ensuring food supply, pest control, forest health, and firefighting efforts globally [2][3] - The PW100 engine family powers waterbombers like the DHC-415 and DHC-515, which are essential for firefighting missions, including those in California [4]

Group 1 - GE Aerospace is recognized for its remarkable business performance, particularly in the context of the recent government shutdown which overshadowed its quarterly results [1][2] - The company manufactures commercial and defense aircraft engines, power systems, and provides maintenance, repair, and overhaul services, along with spare parts for aviation and military applications [2] - CEO Larry Culp has been praised for successfully reinventing GE Aerospace, leading to significant financial gains for investors [2] Group 2 - Despite the positive outlook for GE Aerospace, there is a belief that certain AI stocks may offer greater upside potential and carry less downside risk [2]