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The Latest Breaking News from Pratt Whitney

Is Wall Street Bullish or Bearish on RTX Corporation Stock?

Despite RTX Corporation's outperformance relative to the broader market over the past year, Wall Street analysts maintain a cautiously optimistic outlook about the stock’s prospects.

Barchart

Wizz Air to return to growth in 2026 as ongoing engine compensation deal struck

The carrier has been impacted as it has been forced to ground Airbus aircraft due to some issues with engines made by US firm Pratt & Whitney.

The Independent UK

NASA awards $11.5 million to help design the aircraft of tomorrow

NASA has awarded $11.5 million to five organizations that will contribute to the study of new design concepts for more sustainable aircraft.

Space

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3 Defense Stocks Benefiting from Increased Military Budgets

As military budgets rise and emerging technologies reshape defense strategies, the aerospace and defense industry presents exciting investment opportunities. With trends like cybersecurity, AI-driven autonomous systems, and space exploration gaining momentum, stocks like RTX Corporation (RTX), Lockheed Martin (LMT), and General Dynamics (GD) are positioned to benefit. Read further.

StockNews.com

The struggling U.S. airline is making bold moves to shore-up finances.

The Street

Midday stock movers: Tapestry, Capri, Deckers Outdoor, Spirit Airlines, and more

Here are the stocks making the biggest market moves midday.

The Street

Bankrupt regional airline is heading into liquidation sale

A creditor said "it makes no sense to keep pumping in more money" into the airline.

The Street

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Summer holiday travel chaos warning after Boeing safety crisis leads to plane shortages

Avia, an aircraft leasing company, warns carriers may have to reduce flights due to a lack of planes following safety concerns

The Independent UK

Summer holiday cancellations warning as Boeing crisis leads to planes shortage

Plane deliveries have slowed down after a panel on an Alaska Airlines flight was ripped out mid air leaving passengers fearing for their lives

Evening Standard

Exploring Cutting-Edge Military Engine Technology

Explore the top 10 advanced military engines shaping the future of warfare and defense systems.

Top News

Frank Hursey's Life-Saving Invention Counts Taylor Swift As A Fan

You might think the greatest inventors are highly credentialed experts in their field. Not so with Frank Hursey.

Investors Business Daily

NOC Stock Rises As Northrop Grumman Rounds Out Defense Earnings, Beats Forecasts

Northrop Grumman beat expectations for Q3 results early Thursday, following General Dynamics and RTX earlier this week. NOC stock rises.

Investors Business Daily

RTX soars as 'historic' demand powers Q3 earnings, offsets Pratt & Whitney hit

RTX, formed through the merger of Raytheon and United Technologies, posted better-than-expected third quarter earnings powered by 'historic' aerospace and defense demand.

The Street

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Investors Business Daily

Defense Contractor Rises On Record Backlog, But Can It Catch RTX?

General Dynamics reported above forecast Q3 results. But Northrop Grumman and RTX stock are climbing fast.

The Street

Jim Cramer says its time to buy RTX

The stock is down big after a snafu earlier this summer, but Cramer thinks its time to take it out of the penalty box.

The Independent UK

Engines on some Airbus jets with Pratt & Whitney engines will need to be removed and inspected

Some Airbus passenger jets will need to have their engines removed and inspected in the coming months because engine maker Pratt & Whitney is finding a problem with metal powder used in some parts

The Street

RTX Plunges On Revealing Pratt & Whitney Engine Inspection Issue

'The continued safe operation of our fleet will always remain our number one priority,' said CEO Greg Hayes.

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Tribune News Service

Aerospace and defense giant changing its name

An aerospace and defense giant that employs thousands in Connecticut and has century-old roots in the state is getting a new name.

The Hindu

Explained | The troubles of India’s aviation industry

How GoFirst became bankrupt and a detailed explantion of the high operational costs that India’s aircraft industry faces

Bangkok Post

Owner has no plans to exit Go First

BANGALORE: Go First Airlines (India) Ltd owner Wadia Group is completely committed to the airline and had no plans to exit it, the airline's chief executive told Reuters in an interview on Wednesday.

Dynamite News

Go First has lengthy history of missing financial obigations, says Pratt & Whitney official

After Go First filed for bankruptcy blaming jet engine maker Pratt & Whitney (P&W) for grounding half of its fleet, the US aerospace major hit back stating that the budget airline has a "lengthy history of missing its financial obligations." Read further on Dynamite News:

Investors Business Daily

RTX Stock Slides After Cruising Past Earnings Forecasts, Reaffirming Outlook

Defense giant Raytheon cruised by quarterly expectations, reaffirmed its outlook. RTX stock formed a handle for a base after sliding Wednesday.

Tribune News Service

Pratt & Whitney posts 16% sales increase in 2nd quarter, citing passenger return to air travel, manufacturing boost

More shop visits for parts and repairs and rising jet engine manufacturing powered a 16% increase in second-quarter sales at Pratt & Whitney, its parent company, Raytheon Technologies Corp., said Tuesday.

Benzinga

Recovering Air Travel To Aid Raytheon (RTX) Q2 Earnings

Raytheon Technologies Corp. (NYSE: RTX) is set to release second-quarter 2022 results on Jul 26, before market open.

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