RTX Completes Design Review for Hybrid-Electric Engine in Clean Aviation Project
Portfolio Pulse from Benzinga Newsdesk
RTX (NYSE:RTX) has completed the preliminary design review for its hybrid-electric propulsion demonstrator engine under the SWITCH project, supported by the EU's Clean Aviation Joint Undertaking. The system aims to improve engine efficiency and reduce fuel burn and emissions for future short- and medium-range aircraft.

July 22, 2024 | 11:41 am
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RTX has completed the preliminary design review for its hybrid-electric propulsion demonstrator engine, which aims to improve efficiency and reduce emissions for future aircraft.
The completion of the design review is a significant milestone in the development of RTX's hybrid-electric propulsion system. This project, supported by the EU's Clean Aviation Joint Undertaking, positions RTX as a leader in sustainable aviation technology. The potential for reduced fuel burn and emissions is likely to be viewed positively by investors, enhancing RTX's market position and potentially driving short-term stock price appreciation.
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