Key Points
Sept 11 (Reuters) - RTX is open to pruning and pairing its existing businesses rather than pursuing "transformative" mergers and acquisitions, the aerospace giant's CEO said on Wednesday...
Speaking at a conference organized by Morgan Stanley, CEO Christopher Calio pointed to the second-quarter divestment of its Goodrich Hoist and Winch business as an example of the deals the company might do...
RTX emerged from a $121 billion combination of United Technologies Corp and Raytheon Co in 2020 and now houses businesses such as civil aircraft engine maker Pratt & Whitney and aerospace supplier Collins Aerospace...
Calio said on Wednesday RTX was working with Boeing on calbirating its production rates for 2025 and beyond as the U.S. planemaker is currently producing its best-selling 737 MAX aircraft at a lower rate due to an ongoing crisis...
So making sure that we're calibrated to where that's going and that we've got the right level of inventory to support that," he said.. Defense demand continues to be strong, with RTX's weapons business Raytheon garnering $8 billion in bookings so far in the third quarter, Calio added...
