RTX Invests $139 Million to Expand Aerospace Operations in Singapore

Reuters02-03 13:00

RTX Invests $139 Million to Expand Aerospace Operations in Singapore

RTX Corporation has announced a $139 million investment in Singapore, reinforcing its commitment to the country's aerospace industry. The company signed multiple memoranda of understanding with the Singapore Economic Development Board, expanding the presence of its businesses, Collins Aerospace and Pratt & Whitney. The investment will introduce new maintenance, repair, and overhaul (MRO) capabilities, and expand Pratt & Whitney’s coating operations in Tuas by 25%. These initiatives aim to support next-generation commercial aircraft platforms, meet growing regional demand, and create high-value jobs, further cementing Singapore’s status as a leading aerospace hub in the Asia Pacific region.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. RTX Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: NE76766) on February 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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