Brisk Aftermarket, Defense Demand Buoy RTX In Q3

RTX beat Wall Street’s expectations in the third quarter thanks to strong growth in its aftermarket and defense businesses.

Credit: Malcolm Park / Alamy Stock Photo
RTX posted strong third-quarter revenue growth in its aftermarket and defense businesses sufficient to offset tepid commercial original equipment (OE) sales that have been adversely impacted by supply chain challenges and the Boeing International Association of Machinists (IAM) strike. Sales in July...
Matthew Fulco

Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense.

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