financetom
Business
financetom
/
Business
/
RTX sees labor challenges, exploring alternatives to China suppliers
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
RTX sees labor challenges, exploring alternatives to China suppliers
Sep 11, 2024 3:43 AM

WASHINGTON, Sept 10 (Reuters) - The head of aerospace

and defense giant RTX said on Tuesday that global supply

chains remain stretched in the wake of the COVID-19 pandemic and

finding qualified labor for aerospace factories remains a "huge"

challenge.

Chief Executive Greg Hayes also told the Global Aerospace

Summit hosted by the U.S. Chamber of Commerce that RTX is also

researching alternatives to its roughly 2,000 Chinese suppliers

in the event of any sudden worsening of geopolitical tensions.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Granite Construction Q2 revenue misses expectations
Granite Construction Q2 revenue misses expectations
Aug 7, 2025
Overview * Granite Q2 revenue rises 4% yr/yr, misses analyst expectations, per LSEG data * Adjusted EPS of $1.93 for Q2 beats consensus, per LSEG data * The infrastructure contractor andconstructionmaterials producer raises 2025 guidance post acquisitions Outlook * Company raises 2025 revenue guidance to $4.35 bln-$4.55 bln * Granite expects $150 mln revenue from new acquisitions in 2025 *...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Elanco Q2 Adjusted Earnings Fall, Revenue Rises; 2025 Outlook Increased -- Shares up Pre-Bell
Elanco Q2 Adjusted Earnings Fall, Revenue Rises; 2025 Outlook Increased -- Shares up Pre-Bell
Aug 7, 2025
06:57 AM EDT, 08/07/2025 (MT Newswires) -- Elanco Animal Health ( ELAN ) reported Q2 non-GAAP earnings Thursday of $0.26 per diluted share, down from $0.30 a year earlier. Analysts surveyed by FactSet expected $0.20. Revenue for the quarter ended June 30 was $1.24 billion, up from $1.18 billion a year earlier. Analysts surveyed by FactSet expected $1.19 billion. Elanco...
Russia and India talk up 'strategic partnership' after Trump tariff hike
Russia and India talk up 'strategic partnership' after Trump tariff hike
Aug 7, 2025
* Putin to visit India this year, Indian minister quoted as saying * Trump announced fresh tariffs on Indian goods over Delhi's oil purchases * Russian official says Russia and India hoping to build new 'world order' (Adds quotes and background throughout, amends dateline) MOSCOW/NEW DELHI, Aug 7 (Reuters) - Russia and India stressed their commitment to a strategic partnership...
Copyright 2023-2026 - www.financetom.com All Rights Reserved