Are there any recent announcements from Pratt & Whitney that could impact these stocks?
7/2/2025 10:44am
Pratt & Whitney, as a division of Raytheon Technologies (RTX), has made several recent announcements that could impact RTX and its related stocks:
1. **GTF Engine Orders and Commitments**: Pratt & Whitney has received nearly 1,100 GTF engine orders and commitments since the beginning of 2025, bringing the total number of orders and commitments to over 12,000. This demonstrates strong demand for the GTF engine and confidence in Pratt & Whitney's product.
2. **Additive Manufacturing Milestones**: Pratt & Whitney has successfully tested additively manufactured rotating turbine parts for its TJ150 engine, marking a significant step forward in its additive manufacturing capabilities. This technology is expected to enhance production efficiency and durability.
3. **Expansion of GTF MRO Network**: Pratt & Whitney has added ITP Aero to its GTF MRO network, enhancing maintenance, repair, and overhaul services for GTF engines. This expansion, the 21st in the GTF MRO network, strengthens Pratt & Whitney's global support capabilities.
These announcements reflect Pratt & Whitney's continued success in the aerospace market and its commitment to innovation and customer satisfaction. They could positively influence RTX's stock performance, particularly in relation to its aerospace and defense segments. Investors may consider these developments when assessing the long-term growth potential of RTX and its related stocks, such as Boeing (BA) and General Electric (GE), which are also involved in the aerospace industry.