RTX Pops as Pratt & Whitney Expands GTF Capacity, Collins Aerospace Enhances Offerings

RTX Corp. (NYSE:RTX) shares are trading sharply higher Tuesday after its Collins Aerospace and Pratt & Whitney units disclosed several deals.

Pratt & Whitney: The unit reached an agreement with MTU Aero Engines to expand GTF overhaul capacity at MTU’s facilities.

This will support the rising demand for GTF MRO services, increasing MTU’s annual capacity to up to 600 shop visits across all GTF models, making it one of the largest service providers in the Pratt & Whitney GTF MRO network.

Apart from this, Pratt & Whitney and Delta Air Lines (NYSE:DAL) disclosed an agreement to expand GTF overhaul capacity at Delta TechOps’ Atlanta

https://www.benzinga.com/news/contracts/25/04/44686376/rtx-pops-as-pratt-whitney-expands-gtf-capacity-collins-aerospace-enhances-offerings