May 28 (Reuters) - A weeks' long strike by 3,000 U.S.
Pratt & Whitney engine workers will impact free cash flow during
the second quarter, but the aerospace and defense giant should
be able to recover that during the year, RTX CEO Chris
Calio said on Wednesday.
"There will be cash impact here in the second quarter,"
Calio told the Bernstein Strategic Decisions Conference.
Calio said the four-week stoppage at Pratt's unionized
Connecticut factories impacted its ability to ship jet engines,
and he expects break even to negative cash flow in the quarter.
RTX shares dipped 2% in morning trade.