Pratt & Whitney Plans $200M Expansion of Georgia Facility [Yahoo! Finance]
Raytheon Technologies Corporation (RTX)
Company Research
Source: Yahoo! Finance
Aircraft engine maker Pratt & Whitney will spend $200 million to grow its manufacturing sites in Columbus, Georgia , a move intended to increase production of critical parts. The company announced Tuesday that it will add a seventh isothermal forging press at its Columbus Forge facility. The press, expected to become operational by 2028, will boost output of components such as rotating compressor and turbine disks by 30 percent to support GTF , F135, and other engine programs, officials said. Pratt's GTF engine is used on various commercial aircraft, while the F135 powers the Lockheed Martin F-35. Pratt last expanded its Georgia operations in 2023, when it added 81,000 square feet to its GTF maintenance, repair, and overhaul site. That project cost $70 million and increased the facility's annual capacity by over 25 percent. "Over the past four decades and with the support of the Columbus community, state, and governor, Pratt & Whitney's presence in Georgia has grown from a sm
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RTX
Earnings
- 1/27/26 - Beat
RTX
Sec Filings
- 2/23/26 - Form 4
- 2/23/26 - Form 4
- 2/23/26 - Form 4
- RTX's page on the SEC website