Next Level Aviation Extends An Agreement With Pratt & Whitney Commercial Serviceable Assets, Regarding The Sale Of Used Serviceable Material For Aircraft Engines For An Additional 3-Years
Portfolio Pulse from Benzinga Newsdesk
Next Level Aviation has extended its agreement with Pratt & Whitney Commercial Serviceable Assets for three more years, focusing on the sale of used serviceable materials for aircraft engines. This deal supports Boeing and Airbus platforms and strengthens Next Level Aviation's market position. Pratt & Whitney is a business under RTX.
October 29, 2024 | 1:10 pm
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RTX's subsidiary, Pratt & Whitney, has extended a partnership with Next Level Aviation for three more years, focusing on used serviceable materials for aircraft engines. This strengthens RTX's position in the aviation sector.
The extension of the agreement with Next Level Aviation enhances RTX's subsidiary Pratt & Whitney's capabilities in the aviation sector, potentially leading to increased business and market presence. This is likely to have a positive impact on RTX's stock in the short term.
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