Pratt & Whitney, an RTX (RTX) business, is investing $100M in its facility in Rzeszow to expand production capacity, add advanced capabilities and meet growing global demand for its commercial and military engines, including the Pratt & Whitney GTF, F135, and F100 engines. At its Rzeszow site, Pratt & Whitney will construct a new facility that will house specialized capabilities for processing isothermally forged parts, including heat treatment, sonic machining and inspection operations. This expansion follows and supports the recently announced $200 million investment in a seventh isothermal forging press at Pratt & Whitney’s Columbus Forge facility in Georgia, U.S. These capital projects, expected to be fully operational by 2028, will enable a 30% increase in output of critical engine parts, such as rotating compressor and turbine disks.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RTX:
- RTX price target lowered to $199 from $209 at UBS
- RTX price target lowered to $220 from $235 at Morgan Stanley
- RTX: Broad-Based Q1 Outperformance and Upgraded Outlook Support Buy Rating
- RTX Earnings Call: Record Backlog, Guidance Raised
- Midday Fly By: Apple names new CEO, Amazon ups investment in Anthropic
