RTX Corporation (NYSE:RTX) shares are trading lower on Wednesday. The company reportedly raised concerns about global supply chains post-COVID-19 at a key aerospace event.
The company highlighted the significant challenge of finding qualified labor for high-demand jet industry production lines, reported Reuters.
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The report quoted Executive Chairman Greg Hayes as saying, “We’re also trying to minimize the geopolitical risk by saying – OK, we’ve got 2,000 suppliers in China today. What happens if, and we don’t know what that if is – what happens if and how are we going to deal with that?”
“So we have been actively working again, not to pull ...
