RTX boosts 2024 forecasts again on demand for aircraft repairs, defense systems

By Yahoo! Finance | Oct 22, 2024 at 07:04 AM EST

RTX increases profit and sales forecasts due to high demand in aircraft repairs and defense systems. With a surge in air travel, aftermarket business is thriving. RTX units Pratt & Whitney and Collins Aerospace also see profits rise. Rising geopolitical tensions drive investor interest in defense companies.

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