RTX is focusing on improving existing technology, while Boeing and Airbus are in a battle over aircraft engines. GE Aerospace’s joint venture, CFM International, and RTX’s Pratt & Whitney produce rival engines for the Airbus A320neo and Boeing 737 MAX. CFM’s RISE engine could revolutionize the industry. Both GE and RTX rely on selling engines at a loss upfront but generating revenue long-term. Boeing and Airbus are exploring different engine technologies for the future of narrowbody aircraft. Boeing may adopt ducted engines, while Airbus is collaborating with CFM on the RISE program. The industry’s future is changing, with potential competitive advantages at stake for RTX and GE.

Read more at Nasdaq: The 1 Thing Investors in GE Aerospace and RTX Need to Know Before Buying Stock (And Why Airplanes Are Set to Look Dramatically Different in the Future)