RTX CEO Says Continue To See QoQ Improvement In Supply Chain But Need To Keep An Eye On It; See Next Gen Hybrid Propulsion Penetrating Smaller Aircraft Segment First; Focused On Durability When Developing Next Gen Aircraft Engine; Calibrating With Boeing On What The Rates Are On 2025 And Beyond
Portfolio Pulse from Benzinga Newsdesk
RTX CEO reports ongoing improvements in the supply chain and emphasizes the need for vigilance. The company is focusing on next-gen hybrid propulsion for smaller aircraft and collaborating with Boeing on future production rates.
September 11, 2024 | 3:56 pm
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POSITIVE IMPACT
Boeing is collaborating with RTX on calibrating production rates for 2025 and beyond, indicating a strategic partnership in future aerospace developments.
Boeing's collaboration with RTX on future production rates suggests a strategic partnership that could benefit both companies in the aerospace sector.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 60
POSITIVE IMPACT
RTX is seeing improvements in its supply chain and is focusing on next-gen hybrid propulsion for smaller aircraft. The company is also working with Boeing on future production rates.
The CEO's comments on supply chain improvements and focus on next-gen technology are positive indicators for RTX's future performance. Collaboration with Boeing suggests strategic alignment and potential growth.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80