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Why Is RTX Corporation Stock Gaining Tuesday? - RTX (NYSE:RTX)

The contract expands F135 work to $6.6 billion as RTX also cited rising production, more than $1 billion in manufacturing investments and 44.15% gains over 12 months.

Summary by Benzinga
RTX Corp. (NYSE:RTX) shares are trading higher during Tuesday's session. Pratt & Whitney, a unit of RTX, said Tuesday it secured a $3.8 billion contract modification for lots 18–19 of the F135 engine, bringing the total contract value to $6.6 billion. The deal supports production for F-35 fighter jets and includes engines, spares and support services. The company is ramping up output to meet rising global demand, backed by more than $1 billion i…

3 Articles

QuartzQuartz
Center

Can Pratt & Whitney Engines Boost RTX's Growth Outlook?

RTX taps Pratt & Whitney's advanced engines and aftermarket services to drive growth, backed by strong demand in commercial and defense aviation.

·United States
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BenzingaBenzinga
Center

Why Is RTX Corporation Stock Gaining Tuesday? - RTX (NYSE:RTX)

RTX Corp. (NYSE:RTX) shares are trading higher during Tuesday's session. Pratt & Whitney, a unit of RTX, said Tuesday it secured a $3.8 billion contract modification for lots 18–19 of the F135 engine, bringing the total contract value to $6.6 billion. The deal supports production for F-35 fighter jets and includes engines, spares and support services. The company is ramping up output to meet rising global demand, backed by more than $1 billion i…

·New York, United States
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Defense DailyDefense Daily

More Than $1 Billion Capacity Investment Will Help Boost F135 Production, Pratt & Whitney Says

RTX‘s [RTX] Pratt & Whitney said that it has spent more than $1 billion in the last five years to boost engine production–an investment that may come in handy, as […]

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Defense Daily broke the news in on Tuesday, March 31, 2026.
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