Strike ends at Pratt & Whitney, but some financial impact expected: RTX CEO
“There was an impact, of course, with the four-week stoppage on our ability to ship all the GTFs and F135s that was in our plan,” RTX CEO Chris Calio told investors.
“There was an impact, of course, with the four-week stoppage on our ability to ship all the GTFs and F135s that was in our plan,” RTX CEO Chris Calio told investors.
The six largest US defense firms all reported quarterly results this week, and the potential impact of tariffs was front and center.
In which five executives, three lawmakers and two Pentagon officials weigh in on whether they think DOGE will be a good thing or a bad thing for the Defense Department.
During a Tuesday event, several chief executives from US and European weapons companies pointed to interoperability as a key consideration as defense firms ramp up munitions production and nail down new coproduction agreements.
Calio has overseen the reorganization of RTX into three business units, and has said the company will further de-emphasize its role as a space prime contractor.