RTX
Pratt & Whitney Canada signed a nearly five-year contract with Emerald Airlines to provide comprehensive...
Article Summary
BUY- Pratt & Whitney Canada signed a nearly five-year contract with Emerald Airlines to provide comprehensive maintenance, repair and overhaul services for PW127M engines powering ATR 72-600 regional turboprops.
- The agreement reflects the company's broader commitment to invest in and expand its MRO capabilities as it continues to grow alongside customers.
- Maintenance work will primarily be carried out at Pratt & Whitney's Singapore facility, a global hub specializing in MRO front-line service for turboprop engines, with additional support from the business's Montreal site.
- The PW100 engine family delivers significant efficiency benefits on routes of 350 miles or less, cutting fuel use by 25% to 40% and reducing CO2 emissions by the same amount compared to similar-sized regional jets.
- The engines are also compatible with biofuels and certified to operate with up to 50% blend of synthetic aviation fuel.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 10.6% | 25% | 50.0 ptsMeets Minimum (10.6%) - Passes screener |
| EPS Growth Next 5Y ? | 10.4% | 25% | 35.0 ptsBelow Screener (10.4%) - Modest outlook |
| Target Price Upside ? | 13.1% | 20% | 50.0 ptsMeets Minimum (13.1%) - Target: $220.00 vs Current: $194.44 |
| Gross Margin % ? | 20.2% | 15% | 40.0 ptsModerate (20.2%) - Adequate margins |
| Drawdown from 52-Wk High ? | -9.4% | 15% | 20.0 ptsBarely a Dip (-9.4%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About RTX
- RTX Corporation, an aerospace and defense company, provides systems and services for commercial, military, and government customers worldwide.
- It operates through three segments: Collins Aerospace (Collins), Pratt & Whitney, and Raytheon.
- The Collins segment offers aerospace and defense products, and aftermarket services for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations.
- This segment designs, manufactures, and supplies electric power generation and management and distribution, environmental control, flight control, air data and aircraft sensing, engine control, and engine nacelle systems, as well as engine components; cabin interiors, including seating, oxygen, food and beverage preparation, storage and galley, lavatory, and wastewater management systems; connected aviation solutions and services; and systems solutions for connected battlespace, test and training range systems, crew escape systems, and simulation and training.
- It also provides spare parts, overhaul and repair, engineering and technical support, training and fleet management solutions, and asset and information management services.
- The Pratt & Whitney segment supplies aircraft engines for commercial, military, business jet, and general aviation customers; and produces, sells, and services military and commercial auxiliary power units, as well as offers fleet management and aftermarket maintenance, repair, and overhaul services.
- The Raytheon segment provides defensive and offensive threat detection, tracking, and mitigation capabilities for government and commercial customers.
- This segment offers sensors, mission orchestration and satellite control products, and software.
- The company was formerly known as Raytheon Technologies Corporation and changed its name to RTX Corporation in July 2023.
- RTX Corporation was incorporated in 1934 and is headquartered in Arlington, Virginia.