RTX's quarterly profit and revenue beat estimates on Tuesday, as demand for its aircraft parts and repair services benefited from airlines flying older, maintenance-intensive planes to cope with a jet ...
Hybrid aircraft market size was valued at $1.9 billion in 2023, and is projected to reach $10.7 billion by 2033, growing at a CAGR of 19.1% from 2024 to 2033.
The Air Force defends the cost increase on the adaptive engines by arguing that the system is truly innovative. The new engines being developed by Pratt & Whitney, as their name suggests, can adapt ...
Pratt & Whitney’s parent company Raytheon says it hopes to be able to wrap up the financial impact of repair issues with the troubled geared turbofan engine in 2026. In 2023, Pratt & Whitney announced ...
RTX on Tuesday reported solid fourth quarter financial results driven by double-digit top and bottom-line gains in its aircraft engine business while the ...
RTX is an aerospace and defense manufacturer formed from the merger of United Technologies and Raytheon, with roughly equal exposure as a supplier to commercial aerospace and to the defense market ...