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Stock impact report

RTX to invest $139 million in Singapore, signing multiple MOUs with Economic Development Board [Yahoo! Finance]

Raytheon Technologies Corporation (RTX) 
Company Research Source: Yahoo! Finance
SINGAPORE Feb. 3, 2026 /PRNewswire/ -- Today at the Singapore Air Show, RTX (NYSE: RTX) signed multiple memoranda of understanding with the Singapore Economic Development Board (EDB), further strengthening its long-term commitment to the country's aerospace ecosystem. These MOUs build on the first agreement announced in July 2025 and underscore RTX's confidence in Singapore as a strategic hub for advanced aerospace manufacturing; maintenance, repair and overhaul; and high-value engineering capabilities. Under the new agreements, RTX businesses Collins Aerospace and Pratt & Whitney will expand and introduce new capabilities in Singapore to support next-generation commercial aircraft platforms and meet growing regional demand. In total, RTX will invest over $139 million. "With more than 4,300 employees across 12 facilities, RTX is Singapore's largest foreign aerospace and defense employer," said Chris Haave, vice president, International Operations, Global Government Relations at R Show less Read more
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