GTF

RTX Reports Q1 2024 Results

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火曜日, 4月 23, 2024
Acquisition, Capital expenditure, Growth, Intelligence, RTX, GTF, GAAP, Computer security, EPS, History, Pharmaceutical industry

ARLINGTON, Va., April 23, 2024 /PRNewswire/ -- RTX (NYSE: RTX) reported first quarter 2024 results.

Key Points: 
  • RTX delivers strong 12% sales growth; Q1 book-to-bill of 1.34 with an RTX record backlog of $202B; Reaffirms full year outlook
    ARLINGTON, Va., April 23, 2024 /PRNewswire/ -- RTX (NYSE: RTX) reported first quarter 2024 results.
  • "We are making progress on our key priorities to deliver for customers and shareowners, including executing on our GTF fleet management plans, which remain on track."
  • RTX reported first quarter sales of $19.3 billion, up 12 percent over the prior year.
  • Capital expenditures were $467 million, resulting in a free cash outflow* of $125 million.

RTX's Pratt & Whitney announces GTF MRO capacity expansion at West Palm Beach facility

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水曜日, 4月 10, 2024
Pratt & Whitney, MRO, Workforce, HPC, GTF, Growth, Maintenance (technical)

CHICAGO, April 10, 2024 /PRNewswire/ -- (MRO Americas) Pratt & Whitney, an RTX (NYSE: RTX) business, today announced a $20 million investment to increase the GTF maintenance, repair and overhaul (MRO) capacity of its West Palm Beach Engine Center. The expansion will accommodate a 40% increase in capacity and is expected to be complete by the second half of 2025.

Key Points: 
  • CHICAGO, April 10, 2024 /PRNewswire/ -- (MRO Americas) Pratt & Whitney, an RTX (NYSE: RTX) business, today announced a $20 million investment to increase the GTF maintenance, repair and overhaul (MRO) capacity of its West Palm Beach Engine Center.
  • "The expansion at West Palm Beach is the latest example of our global investment to support the GTF fleet," said Kevin Kirkpatrick, vice president of Global Aftermarket Operations at Pratt & Whitney.
  • West Palm Beach was transformed into a fully capable GTF MRO engine center in mid-2021.
  • In 2023, Pratt & Whitney announced three GTF MRO facility expansions and five shop activations to support the growing GTF fleet.

RTX's Pratt & Whitney announces North American Technology Accelerator

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火曜日, 4月 9, 2024
Automation, Pratt & Whitney, Intelligence, MRO, Research, Combined, Robotics, NATA, STA, Language, RTX, GTF

CHICAGO, April 9, 2024 /PRNewswire/ -- (MRO Americas) Pratt & Whitney, an RTX (NYSE: RTX) business, today announced details of its North American Technology Accelerator (NATA), a commercial and military aftermarket operations center of excellence based in Florida. The NATA will have dedicated floor space, equipment and resources for the development and industrialization of technology insertion programs that will support the company's global maintenance, repair and overhaul (MRO) network.

Key Points: 
  • CHICAGO, April 9, 2024 /PRNewswire/ -- (MRO Americas) Pratt & Whitney, an RTX (NYSE: RTX) business, today announced details of its North American Technology Accelerator (NATA), a commercial and military aftermarket operations center of excellence based in Florida.
  • With this new additive repair technology alone, Pratt & Whitney expects to recover $100 million worth of parts over next five years to support GTF MRO ramp.
  • NATA complements Pratt & Whitney's fully operational Singapore Technology Accelerator (STA), which was established in September 2022 with a focus on robotics, advanced inspection, connected factory and shop digital twin.
  • Combined annual savings of at least $24 million is expected from Pratt & Whitney's accelerator programs.

Icelandair selects RTX's Pratt & Whitney GTF™ engines to power up to 35 Airbus A320neo family aircraft

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月曜日, 3月 4, 2024
Aircraft, Pratt & Whitney, GTF, DHC, A321LR, Collins Aerospace, Airbus A320neo family, Pratt & Whitney PW1000G, Carbon, Icelandair, Boeing, CO2, PW150, 767-300ER, A321XLR, Jet fuel

EAST HARTFORD, Conn., March 4, 2024 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, today announced that Icelandair has selected GTF engines to power up to 35 new Airbus A320neo family aircraft, comprising a mix of leased and purchased A321XLR and A321LR aircraft. With this order, Icelandair becomes a first-time GTF customer. The airline has also selected an EngineWise® agreement for the long-term maintenance, repair and overhaul of its GTF engines. Pratt & Whitney will provide support to facilitate smooth entry into service and long-term operation of the engines.

Key Points: 
  • EAST HARTFORD, Conn., March 4, 2024 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, today announced that Icelandair has selected GTF engines to power up to 35 new Airbus A320neo family aircraft, comprising a mix of leased and purchased A321XLR and A321LR aircraft.
  • Pratt & Whitney will provide support to facilitate smooth entry into service and long-term operation of the engines.
  • "With these GTF-powered A321XLR and A321LR aircraft, Icelandair and Pratt & Whitney are renewing a relationship, which started more than 80 years ago," said Rick Deurloo, president of Commercial Engines at Pratt & Whitney.
  • Icelandair currently operates DHC Dash 8 aircraft powered by Pratt & Whitney Canada PW100 and PW150 engines.

Vietjet selects RTX's Pratt & Whitney to power 19 additional A321neo aircraft

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水曜日, 2月 21, 2024
Pratt & Whitney, GTF, Aviation, VietJet Air, Airbus A320neo family, Singapore Airshow, Trust, Airline

SINGAPORE, Feb. 21, 2024 /PRNewswire/ -- (SINGAPORE AIRSHOW) - Pratt & Whitney, an RTX (NYSE: RTX) business, and new-age airline Vietjet announced today that the airline has exercised options for an additional 19 firm GTF-powered A321neo aircraft. Pratt & Whitney will also provide Vietjet with engine maintenance through an EngineWise® Comprehensive service agreement. A signing ceremony took place at the Singapore Airshow with representatives from both companies.

Key Points: 
  • SINGAPORE, Feb. 21, 2024 /PRNewswire/ -- (SINGAPORE AIRSHOW) - Pratt & Whitney, an RTX (NYSE: RTX) business, and new-age airline Vietjet announced today that the airline has exercised options for an additional 19 firm GTF-powered A321neo aircraft.
  • Pratt & Whitney will also provide Vietjet with engine maintenance through an EngineWise® Comprehensive service agreement.
  • Vietjet received its first A321neo aircraft in 2018 and currently operates a fleet of 24 GTF-powered A321neo aircraft.
  • "Nearly a decade ago, Vietjet first selected the GTF engine, and we value the airline's continued trust in Pratt & Whitney to power its expanding fleet," said Rick Deurloo, president of Commercial Engines at Pratt & Whitney.

JetSMART selects RTX's Pratt & Whitney GTF™ engines to power an additional 35 Airbus A320neo family aircraft

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水曜日, 2月 21, 2024
Pratt & Whitney, GTF, Airbus A320 family, Aviation, JetSmart, Airbus, ULCC, Collins Aerospace, Airbus A320neo family, Pratt & Whitney PW1000G, Carbon, CO2, Singapore Airshow, A321XLR, Airline

SINGAPORE, Feb. 20, 2024 /PRNewswire/ -- (Singapore Airshow) -- Pratt & Whitney, an RTX (NYSE: RTX) business, today announced that JetSMART has selected GTF engines to power an additional 35 Airbus A320neo family aircraft, including nine A321XLR aircraft. Pratt & Whitney will also provide JetSMART with GTF engine maintenance through an EngineWise® Comprehensive service agreement. 

Key Points: 
  • SINGAPORE, Feb. 20, 2024 /PRNewswire/ -- (Singapore Airshow) -- Pratt & Whitney, an RTX (NYSE: RTX) business, today announced that JetSMART has selected GTF engines to power an additional 35 Airbus A320neo family aircraft, including nine A321XLR aircraft.
  • JetSMART, an ultra low-cost carrier (ULCC), selected the GTF engine to power 70 A320neo family aircraft in June 2019.
  • The airline also operates an additional 15 leased GTF powered A320neo family aircraft and a fleet of 11 A320ceo family aircraft powered by the V2500® engine.
  • JetSMART has also concluded a support package with Pratt & Whitney for inspections of GTF engines, further strengthening the relationship as strategic partners.

RTX's Pratt & Whitney ramps up aftermarket repair industrialization for GTF components in Singapore

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水曜日, 2月 21, 2024
Pratt & Whitney, GTF, MRO, Singapore Airshow

SINGAPORE, Feb. 20, 2024 /PRNewswire/ -- (Singapore Airshow) Pratt & Whitney, an RTX (NYSE: RTX) business, today announced it is ramping up the industrialization of repairs for certain components of Pratt & Whitney GTF™ engines across its Singapore-based maintenance repair and overhaul (MRO) facilities, including Component Aerospace Singapore, Pratt & Whitney Component Solutions, and Turbine Overhaul Services.  

Key Points: 
  • SINGAPORE, Feb. 20, 2024 /PRNewswire/ -- (Singapore Airshow) Pratt & Whitney, an RTX (NYSE: RTX) business, today announced it is ramping up the industrialization of repairs for certain components of Pratt & Whitney GTF™ engines across its Singapore-based maintenance repair and overhaul (MRO) facilities, including Component Aerospace Singapore, Pratt & Whitney Component Solutions, and Turbine Overhaul Services.
  • Repair industrialization at these three facilities has been achieved for 33 components, including seal assemblies, high pressure compressor stator segments and vanes, and combustion chambers.
  • Leveraging this synergy, Pratt & Whitney will extend the repair offerings developed in Singapore across the GTF MRO network.
  • Pratt & Whitney currently has 30 GTF customers with over 600 GTF-powered aircraft in the region.

RTX's Pratt & Whitney to power 15 additional single-aisle aircraft for Cebu Pacific Air

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火曜日, 2月 20, 2024
Pratt & Whitney, Cebu Pacific, JT8D, GTF, Collins Aerospace, Growth, Airbus A320neo family, Pratt & Whitney PW1000G, Carbon, Singapore Airshow, DC-9, Jet fuel

SINGAPORE, Feb. 20, 2024 /PRNewswire/ -- (Singapore Airshow) -- Pratt & Whitney, an RTX (NYSE: RTX) business, was selected by Cebu Pacific Air (Cebu Pacific) to provide GTF engines to power an additional 10 A321neo and five A320neo aircraft. Pratt & Whitney will also provide Cebu Pacific with GTF engine maintenance through an EngineWise® Comprehensive service agreement.

Key Points: 
  • SINGAPORE, Feb. 20, 2024 /PRNewswire/ -- (Singapore Airshow) -- Pratt & Whitney, an RTX (NYSE: RTX) business, was selected by Cebu Pacific Air (Cebu Pacific) to provide GTF engines to power an additional 10 A321neo and five A320neo aircraft.
  • Pratt & Whitney will also provide Cebu Pacific with GTF engine maintenance through an EngineWise® Comprehensive service agreement.
  • "Pratt & Whitney has been providing GTF power to Cebu Pacific since 2019," said Rick Deurloo, president of Commercial Engines at Pratt & Whitney.
  • Prior to providing GTF power, Pratt & Whitney supplied JT8D engines for the airline's DC-9 aircraft.

RTX's Pratt & Whitney announces further capacity expansion at Singapore Manufacturing Facility

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火曜日, 2月 20, 2024
Pratt & Whitney, GTF, HPT, Automation, Singapore Airshow, Fourth Industrial Revolution

SINGAPORE, Feb. 19, 2024 /PRNewswire/ -- (Singapore Airshow) -- Pratt & Whitney, an RTX (NYSE: RTX) business, today announced a $20 million investment to grow its manufacturing capacity in Singapore for the production of Pratt & Whitney GTF™ engine high pressure turbine (HPT) disks. The capacity expansion is expected to increase the facility's workforce by more than 10% over the next two years.

Key Points: 
  • SINGAPORE, Feb. 19, 2024 /PRNewswire/ -- (Singapore Airshow) -- Pratt & Whitney, an RTX (NYSE: RTX) business, today announced a $20 million investment to grow its manufacturing capacity in Singapore for the production of Pratt & Whitney GTF™ engine high pressure turbine (HPT) disks.
  • The capacity expansion is expected to increase the facility's workforce by more than 10% over the next two years.
  • Pratt & Whitney's Singapore facility currently produces 2,400 turbine disks annually, and the expansion is expected to increase annual output yield of the disks by approximately 45% by January 2026.
  • The Singapore facility, a joint venture between Pratt & Whitney and Hanwha Aerospace Co., Ltd., is the second Pratt & Whitney fan blade and HPT disk production facility in the world, playing a critical role in supporting customer needs in Asia Pacific and beyond.

RTX's Pratt & Whitney Opens Expansion Site at Eagle Services Asia Facility in Singapore

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月曜日, 2月 19, 2024
Cobot, HPC, Pratt & Whitney, GTF, SIA, RTX, SIA Engineering Company, Safety, MRO, Engineering, Automation, Machine learning, ESA, Robotics, IHI, Maintenance (technical)

SINGAPORE, Feb. 19, 2024 /PRNewswire/ -- (SINGAPORE AIRSHOW) Pratt & Whitney, an RTX (NYSE: RTX) business, today announced the official opening of a 48,000 square-foot expansion of its Singapore based engine center, Eagle Services Asia (ESA).

Key Points: 
  • SINGAPORE, Feb. 19, 2024 /PRNewswire/ -- (SINGAPORE AIRSHOW) Pratt & Whitney, an RTX (NYSE: RTX) business, today announced the official opening of a 48,000 square-foot expansion of its Singapore based engine center, Eagle Services Asia (ESA).
  • ESA, a joint venture between SIA Engineering Company and Pratt & Whitney, is a member of the Pratt & Whitney GTF™ MRO network.
  • In 2023, Pratt & Whitney announced three GTF MRO facility expansions and six shop activations to support the growing GTF fleet.
  • The GTF MRO network is part of Pratt & Whitney EngineWise® solutions, which provide operators with a full range of aftermarket services resulting in long-term, sustainable value.