From Yahoo Finance: 2025-04-08 07:13:00

RTX’s Pratt & Whitney subsidiary develops additive manufacturing repair process for GTF engine components, reducing time by 60%. Inspection drive underway for flawed parts, grounding hundreds of planes. Additive repair process to cut costs, improve turnaround time, and reduce material supply constraints. $100 million expected recovery over 5 years. Compensation impact from GTF engine issue estimated at $1.1 billion to $1.3 billion for 2025. Agreements with MTU Aero Engines and Delta Tech Ops to boost MRO services capacity.

Read more: RTX’s Pratt & Whitney develops additive manufacturing to reduce engine repair time