RTX's Collins Aerospace To Provide Malaysia Airlines With New Avionics And Systems Support
Portfolio Pulse from Benzinga Newsdesk
Malaysia Airlines Berhad has entered into an agreement with Collins Aerospace, a business unit of RTX (NYSE:RTX), for avionics hardware and support for its 737-8 fleet. The deal was signed at the 2024 Singapore Air Show.
February 21, 2024 | 8:02 am
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RTX, through its Collins Aerospace unit, has secured a deal with Malaysia Airlines for avionics support for the 737-8 fleet, announced at the 2024 Singapore Air Show.
The agreement between RTX's Collins Aerospace and Malaysia Airlines for avionics support is likely to have a positive short-term impact on RTX's stock. This partnership not only showcases RTX's capability in the aviation sector but also potentially opens doors for future deals with other airlines, enhancing its market position and financial outlook.
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