RTX's Pratt & Whitney Canada Announces Cost-Effective PT6T-3/6 Twinpac™ Engine Overhaul Program For Military Bell 212 And 412 Helicopters
Portfolio Pulse from Benzinga Newsdesk
Pratt & Whitney Canada, a division of Raytheon Technologies (RTX), has launched a cost-effective PT6T-3/6 Twinpac engine overhaul program for military Bell 212 and 412 helicopters. The program aims to provide a reliable and economical solution for the maintenance of these engines, which are widely used in military operations.
November 28, 2023 | 7:17 am
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Raytheon Technologies' Pratt & Whitney Canada division has announced a new engine overhaul program for military helicopters, which could enhance RTX's reputation in the defense sector and potentially lead to increased service revenue.
The announcement of a new engine overhaul program by Pratt & Whitney Canada is directly related to Raytheon Technologies' business in the defense sector. This program could lead to increased demand for RTX's services, as it offers a cost-effective maintenance solution for widely used military helicopter engines. The positive impact on RTX's stock price in the short term is likely due to the potential for increased service revenue and the enhancement of the company's reputation as a provider of reliable and economical solutions for military operations.
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