Pratt & Whitney Supercharges Singapore Hub: Reveals Massive 48,000 Sq-Ft Expansion For Eagle Services Asia
Portfolio Pulse from Shivani Kumaresan
Pratt & Whitney, a business of RTX Corporation (NYSE:RTX), plans to expand its Singapore engine center, Eagle Services Asia (ESA), by 48,000 square feet. This will increase the facility's capacity by two-thirds. The expansion is part of Pratt & Whitney's global investment to support the GTF fleet. RTX shares are trading higher by 0.28% at $72.25 in premarket on the last check Tuesday.
September 26, 2023 | 12:27 pm
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RTX Corporation is expanding its Singapore engine center, which is expected to increase the facility's capacity by two-thirds. This is part of a global investment to support the GTF fleet. RTX shares are trading higher by 0.28% at $72.25 in premarket on the last check Tuesday.
The expansion of the Singapore engine center is a positive development for RTX Corporation as it shows the company's commitment to growth and investment in its assets. This could potentially attract more investors, leading to an increase in the company's stock price. The premarket trading already shows a slight increase in the stock price.
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