What's Going On With RTX Stock Thursday?
RTX Corporation (NYSE: RTX ) stock was little changed Thursday as fresh Pratt & Whitney and Collins Aerospace developments competed with a price-forecast cut from Bernstein for investor attention. Pratt & Whitney Marks GTF Advantage Milestone RTX subsidiary Pratt & Whitney delivered the first aircraft powered by its new GTF Advantage engine to United Airlines Holdings Inc. (NASDAQ: UAL ), marking the engine standard's commercial debut. United received an Airbus A321XLR equipped with GTF Advantage engines, which Pratt & Whitney said offer up to twice the time on wing and 4% to 8% more takeoff thrust than the current GTF. Pratt & Whitney plans to transition its entire PW1100G-JM production line to the Advantage specification by 2028. "The first delivery of a GTF Advantage-powered aircraft to United Airlines signifies a new chapter in our relationship that spans nearly a century," said Rick Deurloo, president of Commercial Engines at Pratt & Whitney. RTX Expands Aerospace Partnerships Pratt & Whitney Canada separately signed a four-year maintenance agreement with AirBorneo Airways covering PW127M engines powering its ATR 72-500 fleet through 2030. Pratt & Whitney Canada's expanded Sin
RTX Corporation (NYSE: RTX ) stock was little changed Thursday as fresh Pratt & Whitney and Collins Aerospace developments competed with a price-forecast cut from Bernstein for investor attention. Pratt & Whitney Marks GTF Advantage Milestone RTX subsidiary Pratt & Whitney delivered the first aircraft powered by its new GTF Advantage engine to United Airlines Holdings Inc. (NASDAQ: UAL ), marking the engine standard's commercial debut. United received an Airbus A321XLR equipped with GTF Advantage engines, which Pratt & Whitney said offer up to twice the time on wing and 4% to 8% more takeoff thrust than the current GTF.
Pratt & Whitney plans to transition its entire PW1100G-JM production line to the Advantage specification by 2028. "The first delivery of a GTF Advantage-powered aircraft to United Airlines signifies a new chapter in our relationship that spans nearly a century," said Rick Deurloo, president of Commercial Engines at Pratt & Whitney. RTX Expands Aerospace Partnerships Pratt & Whitney Canada separately signed a four-year maintenance agreement with AirBorneo Airways covering PW127M engines powering its ATR 72-500 fleet through 2030. Pratt & Whitney Canada's expanded Singapore facility will handle most maintenance, repair, and overhaul work.
RTX's Collins Aerospace also signed three multi-year agreements with ST Engineering on Sept. 23, expanding Boeing 787 component repairs, Collins spare-parts support, and lifecycle repairs for Airbus A320 and Boeing 737 components. See More: Top Value Stocks Bernstein Cuts Price Target On Sept. 23, Bernstein maintained a Market Perform rating on RTX while cutting its price target to $223 from $232.
13. 89, pointing to weaker near-term momentum. 10. MACD remains below its signal line with a negative histogram.
88, while support stands near $172. S. 09%). 90 during premarket trading on Thursday, according to Pro data.
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