RTX's Pratt & Whitney Earns Transport Canada Civil Aviation Type Certification For PW545D Engine
Portfolio Pulse from Benzinga Newsdesk
Pratt & Whitney Canada's PW545D engine, part of RTX, received Transport Canada Civil Aviation type certification, marking a step closer to powering Textron Aviation's Cessna Citation Ascend business jet. The engine offers improved fuel efficiency, greater thrust, and longer periods between overhauls.
May 13, 2024 | 2:04 pm
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RTX's Pratt & Whitney division received certification for its PW545D engine, indicating progress in its aerospace segment and potential growth from its partnership with Textron Aviation.
The certification of the PW545D engine by Transport Canada is a significant milestone for RTX, showcasing its technological advancements and strengthening its position in the aerospace industry. This development is likely to be viewed positively by investors, as it not only demonstrates RTX's innovation capabilities but also promises future revenue streams through its partnership with Textron Aviation.
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