Reported 28 days ago
RTX's CEO, Christopher Calio, stated that the company is more focused on refining and consolidating its existing businesses rather than pursuing significant mergers and acquisitions. At a Morgan Stanley conference, he highlighted a recent divestment as an example of potential strategic moves. Despite the challenges faced by Boeing, RTX remains committed to strong defense demand and innovations in hybrid-electric technology aimed at enhancing fuel efficiency.
Source: YAHOO