What Happened
Aerospace Giant Raises Projections On Sustained Aftermarket Demand
RTX has raised its full-year financial projections across most of its portfolio, citing sustained aftermarket demand as a key driver. The company’s CEO, Chris Calio, noted that demand has continued to be resilient, and the trend is part of strong across-the-board demand for RTX’s broad collection of offerings. Organic full-year sales are now expected to be up 10-11%, with total adjusted sales projected at $97.0-97.5 billion. This development was reported by Aviation Week.