RTX stock price rises as Singapore expansion plan puts focus back on repair capacity
RTX shares rose 1.1% to $203.22 Tuesday after the company announced over $139 million in new investments to expand aerospace maintenance operations in Singapore. Collins Aerospace and Pratt & Whitney will boost repair capacity under new agreements, with full capabilities expected by 2030. Raytheon, an RTX unit, secured a DARPA contract for maritime defense tech and completed a ballistic test for the U.S. Army’s next-gen interceptor.