Reuters
• Mike Scarcella
Reuters reports: Aerospace giant RTX’s Pratt & Whitney Canada unit is facing a $150 million U.S. lawsuit for allegedly trying to stifle competition from companies selling used engines and parts for regional commercial aircraft, freight operations and other applications.
The Pratt & Whitney Canada PW545D engine, pivotal for the upcoming Cessna Citation Ascend jet, has been officially certified by Transport Canada, marking a critical step towards the aircraft’s 2025 entry into service.
Boosting Romania's air-to-air capabilities, this approval marks a significant enhancement of the nation's defense arsenal.
The modular FORGE MDPAF, designed by Raytheon, integrates mission-specific applications for satellite information processing and has been declared operational.
Nammo and Raytheon are collaborating to upgrade rocket motor production facilities, strengthening both capabilities and local economy in Perry, Florida.
The lawsuit alleges that Pratt & Whitney Canada attempted to stifle competition from companies offering used engines and parts for regional commercial aircraft and freight operations.
The Pratt & Whitney Canada PW545D engine, pivotal for the upcoming Cessna Citation Ascend jet, has been officially certified by Transport Canada, marking a critical step towards the aircraft’s 2025 entry into service.
Boosting Romania's air-to-air capabilities, this approval marks a significant enhancement of the nation's defense arsenal.
The modular FORGE MDPAF, designed by Raytheon, integrates mission-specific applications for satellite information processing and has been declared operational.
Due to sluggish domestic demand, Pratt & Whitney engine issues, and increased competition, Spirit Airlines reports a significant Q1 loss and predicts continued revenue challenges in Q2 2024.
In a strategic move, Chris Calio restructures RTX, focusing on streamlining into three business units while pivoting away from its prime contractor role in the space sector.
The Defense Acquisition Program Administration (DAPA) in South Korea has greenlit the acquisition of Raytheon-produced SM-3 missiles and the initiation of a homegrown long-range air-to-air missile project.
In a strategic partnership, Sener will collaborate on developing the electro-mechanical control section for the Patriot GEM-T missiles, enhancing flight control capabilities.
Under a new agreement, valued at $65.8 million, Pratt & Whitney will supply spare parts and engine services for the Royal Saudi Air Force's F-15 fleet through mid-2025.
A strategic enhancement for U.S. Navy's missile arsenal, Raytheon is set to innovate on the SM-6 and SM-2 platforms by developing a shared guidance section, promising advanced targeting capabilities for domestic and international defense.
With a significant surge in orders due to ongoing conflicts in Ukraine and Gaza, Lockheed Martin and RTX are set to benefit from new weapons funding, highlighting the demand for advanced military hardware.
RTX announces a strategic pivot from competing for prime contracts in space projects to strengthening its role as a key component supplier, underlined by COO Chris Calio during the Q1 earnings call.
RTX has indicated the peak of Pratt & Whitney's GTF engine groundings, with limited disclosure on the impact extent, despite growing industry scrutiny.
In a notable start to the fiscal year, Raytheon Technologies outperformed analyst predictions, securing $19.3 billion in revenue and an EPS of $1.34 for Q1.
The commencement of construction at RTX's Alabama missile integration facility marks a pivotal expansion to enhance its GPI program capabilities.
In the first quarter, RTX saw a notable 20% increase in profit, driven by strong commercial aftermarket business along with a high demand for military equipment, recording a significant $202 billion backlog.
In a major development dated 19th April 2024, NP Aerospace has confirmed its pivotal role in integrating Raytheon's laser air defence systems with the UK MOD's Wolfhound vehicles.
Raytheon's Scott Spence shares insights on the deployment of the SPY-6 radar, marking its first inclusion on various classes of US Navy ships.
Amid growing aftermarket demands, Pratt & Whitney is significantly enhancing its MRO capabilities in the U.S. by investing in new facilities in Florida.
Pan-European missile manufacturer surpasses national boundaries to forge competitive edge against industry giants Lockheed Martin and Raytheon.
In response to escalating maritime threats, RTX spotlights its latest Enhanced Sea Sparrow Missile (ESSM) and Rolling Airframe Missile (RAM) versions, emphasizing strategic defense capabilities in the Indo-Pacific and Red Sea regions.
In a pivotal test, Raytheon's Standard Missile-6, a product of RTX, demonstrated its upgraded capabilities by intercepting a medium-range ballistic missile target during a sea-based trial off the coast of Hawaii.
A significant radar upgrade by Raytheon will bolster Taiwan's air surveillance capabilities, including advancements in mission software, confirmed by an Air Force spokesperson.
Allocated $497m for the F135 Engine Core Upgrade, Pratt & Whitney sets to enhance the F-35 propulsion system, aiming for Block 4 capabilities implementation by 2029.
The Lower Tier Air and Missile Defense Sensor (LTAMDS) by Raytheon, a part of RTX, has marked significant progress with the completion of its fourth live-fire event, demonstrating advanced capabilities in radar systems for the US Army.
In a significant bolster to Germany's air defense, RTX's Raytheon has been awarded a $1.2 billion contract to supply Patriot air and missile defense systems, marking an enhancement in NATO interoperability.
A Raytheon Hawker 800XP aircraft overran the runway after an attempt to take off in a tailwind surpassing the aircraft's limitations, investigators report.
In a significant development, the Space Development Agency is currently reassessing its satellite contract with Raytheon, indicating potential shifts in project direction or objectives.
Marking a significant milestone, Collins Aerospace has successfully dispatched its initial batch of aircraft seats from its new production site in Tanauan City, Philippines, to Airbus, reinforcing its global supply chain.
Empyreal Jet faces FAA allegations for flying a Raytheon Hawker 800 with a previously damaged and reinstalled rudder, risking safety violations.
The proposed USAF fiscal 2025 budget allocates $517 million towards Raytheon's Hypersonic Attack Cruise Missile development while excluding funding for Lockheed Martin's missile projects.
In a competitive bid, Palantir Technologies outshines RTX, securing the continuation of the Tactical Intelligence Targeting Access Node (TITAN) development for the U.S. Army.
Icelandair is set to enhance its fleet with up to 35 Airbus A320neo Family aircraft, powered by Pratt & Whitney's GTF engines, including both leased and purchased A321XLR and A321LR jets.
In a collaborative effort, Raytheon alongside Kongsberg Defence & Aerospace, marked a notable achievement with the successful execution of the inaugural flight test for the AMRAAM-Extended Range (ER) missile, an advanced variant aimed at bolstering air defense capabilities.
A significant collaboration between Israeli defense company Rafael and American aerospace corporation RTX marks the establishment of a new missile production facility in Arkansas, enhancing the defense manufacturing capabilities in the region.
In a strategic move to enhance air defense capabilities, Raytheon and Rafael have announced plans to expand the production of the Iron Dome missile system, known for its dual-role in C-RAM and short-range air defense.
In a significant upgrade, Air India collaborates with Collins Aerospace for state-of-the-art avionics on its Boeing 737 MAX and Airbus A320 aircraft, enhancing the fleet's operational efficiency and safety.
At the Singapore Airshow, Collins Aerospace announced its Tanauan City operation in the Philippines now functions entirely on renewable energy.
