RTX Is Developing 1MW Generator Under Air Force Research Laboratory Deal
Portfolio Pulse from Benzinga Newsdesk
Raytheon Technologies (RTX) is developing a 1MW electric generator for the Air Force Research Laboratory (AFRL) under the Advanced Turbine Technologies for Affordable Mission-Capability program. The generator could be used in future manned and unmanned military platforms.
June 20, 2023 | 7:44 am
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RTX is working on a 1MW electric generator for the AFRL, which could be used in future military platforms, potentially expanding its market.
The development of the 1MW electric generator for the AFRL under the Advanced Turbine Technologies for Affordable Mission-Capability program could lead to new opportunities for RTX in the military sector. This partnership with the AFRL and the potential applications in future manned and unmanned military platforms could expand RTX's market and positively impact its stock price in the short term.
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