RTX
Pratt & Whitney (NYSE: RTX) and Tigerair Taiwan signed a Memorandum of Understanding for GTF engines to...
Article Summary
BUY- Pratt & Whitney (NYSE: RTX) and Tigerair Taiwan signed a Memorandum of Understanding for GTF engines to power 15 Airbus A321neo aircraft, made up of four firm and 11 leased aircraft, with maintenance services through a 12-year EngineWise Comprehensive services agreement ensuring predictable maintenance costs and optimal efficiency expected to begin in 2028.
- The airline currently operates nine Airbus A320neo family aircraft powered by the GTF and nine A320ceos powered by IAE V2500 engines, with GTF delivering 20% lower fuel consumption and 75% smaller noise footprint compared to prior generation of engines.
- The order reaffirms Tigerair's trust in Pratt & Whitney, which exclusively powers the airline's fleet, with the engine's revolutionary geared architecture serving as foundation for next generation propulsion technologies, with over 2,800 GTF-powered aircraft operated globally by more than 90 customers and order backlog of over 8,000 engines reflecting strong market demand.
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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 ? | 12.3% | 20% | 50.0 ptsMeets Minimum (12.3%) - Target: $220.00 vs Current: $195.97 |
| Gross Margin % ? | 20.2% | 15% | 40.0 ptsModerate (20.2%) - Adequate margins |
| Drawdown from 52-Wk High ? | -8.6% | 15% | 20.0 ptsBarely a Dip (-8.6%) - 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.