RTX's Collins Aerospace Selected By Air India For A Full Suite Of Avionics Hardware Catering To The Airline's Expanding Boeing 737 MAX Fleet
Portfolio Pulse from Benzinga Newsdesk
Collins Aerospace, a unit of RTX, has been chosen by Air India to provide a comprehensive suite of avionics hardware for its expanding Boeing 737 MAX fleet. This selection underscores RTX's strong position in the aerospace sector and its ability to secure significant contracts.
February 22, 2024 | 7:34 am
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RTX's Collins Aerospace division has secured a deal to supply Air India with avionics for its Boeing 737 MAX fleet, highlighting RTX's competitive edge in the aerospace industry.
The deal with Air India for its Boeing 737 MAX fleet avionics represents a significant business win for RTX, likely leading to increased revenue and strengthening its market position in the aerospace sector. This positive development is expected to have a favorable impact on RTX's stock price in the short term, as it reflects the company's strong capabilities and trust from major airlines.
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