financetom
Business
financetom
/
Business
/
RTX's Pratt & Whitney develops additive manufacturing to reduce engine repair time
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
RTX's Pratt & Whitney develops additive manufacturing to reduce engine repair time
Apr 8, 2025 4:39 AM

April 8 (Reuters) - RTX said on Tuesday its

engine making subsidiary Pratt & Whitney has developed an

additive manufacturing repair process for its geared turbofan

(GTF) engine components, which would reduce process time by more

than 60%.

The unit is currently navigating an issue with the GTF

engines and is conducting an inspection drive for potentially

flawed components, which has led to the grounding of hundreds of

planes in recent months.

Kevin Kirkpatrick, vice president of aftermarket operations

at Pratt & Whitney, said the additive repair process would help

improve turnaround time and bring down tooling costs. "At the

same time, it reduces our dependency on current material supply

constraints."

The unit expects to recover $100 million worth of parts over

five years through additive manufacturing implementation in its

entire maintenance, repair and overhaul (MRO) process.

RTX, which is set to report results on April 22, has said it

expects compensation impacts from the GTF engine issue to be

between $1.1 billion and $1.3 billion for 2025.

Separately, the company announced agreements with MTU Aero

Engines and Delta Tech Ops to increase capacity in

its MRO services.

(Reporting by Utkarsh Shetti in Bengaluru; Editing by Mrigank

Dhaniwala)

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 >
Coursera Launches Learning App With OpenAI
Coursera Launches Learning App With OpenAI
Oct 6, 2025
02:52 PM EDT, 10/06/2025 (MT Newswires) -- Coursera ( COUR ) said Monday it has collaborated with Microsoft ( MSFT ) -backed OpenAI to be directly integrated into ChatGPT, expanding access to learning capabilities worldwide. Under the partnership, users can access Coursera ( COUR ) videos and information in ChatGPT conversations, the company said. Coursera's ( COUR ) app is...
Regeneron Shares Drop After $83 Million Charge Projected to Reduce Q3 EPS
Regeneron Shares Drop After $83 Million Charge Projected to Reduce Q3 EPS
Oct 6, 2025
02:42 PM EDT, 10/06/2025 (MT Newswires) -- Regeneron Pharmaceuticals ( REGN ) shares were down 1.7% in recent trading on Monday after the company said its Q3 financial results would take a charge of around $83 million on a pre-tax basis, which is expected to negatively impact its net income by $0.68 per diluted share. The acquired in-process research and...
Mattel partners with OpenAI on Sora 2 AI video model
Mattel partners with OpenAI on Sora 2 AI video model
Oct 6, 2025
(Reuters) -Toymaker Mattel is partnering with OpenAI to test the ChatGPT maker's artificial-intelligence video model Sora 2, OpenAI CEO Sam Altman said at the company's Developer Day conference on Monday. Mattel ( MAT ) has been a great partner working with us to test Sora 2 in the API (application programming interface) and see what they can do to bring...
JP Morgan Turns Cold On Abercrombie & Fitch, Bath & Body Works: Here's Why
JP Morgan Turns Cold On Abercrombie & Fitch, Bath & Body Works: Here's Why
Oct 6, 2025
Shifting consumer habits are reshaping the retail landscape, as spending patterns reveal unexpected winners and laggards in the marketplace. JPMorgan analyst Matthew R. Boss downgraded Abercrombie & Fitch Company ( ANF ) and Bath & Body Works, Inc. ( BBWI ) following its recent fieldwork and intra-quarter management access. Consumer Spending Still Moderate: The analyst stated that, based on Chase...
Copyright 2023-2026 - www.financetom.com All Rights Reserved