RTX Stock Outperforms Market Amid Pratt & Whitney Engine Certification
RTX shares held steady in a down market Thursday, buoyed by positive developments at its Pratt & Whitney aircraft engine division. The European Union Aviation Safety Agency certified the company's next-generation GTF Advantage engine, following earlier approval from U.S. regulators.
Pratt & Whitney claims the new engine delivers superior thrust and fuel efficiency compared to competitors. "This will be a game-changer for operators," said commercial engines president Rick Deurloo. The certification clears the path for commercial deployment in 2025, though RTX provided no specific financial projections for the product's impact.