During the Singapore Air Show on Tuesday, RTX Corporation (NYSE:RTX) revealed several significant memoranda of understanding (MOUs) forged with the Singapore Economic Development Board (EDB). These agreements signify substantial enhancements to RTX's aerospace manufacturing and maintenance footprint in Singapore, demonstrating the company's commitment to supporting the growing demand for next-generation commercial aircraft and regional aerospace development.
The recent agreements involve RTX’s key divisions, Collins Aerospace and Pratt & Whitney, and entail investments totaling more than $139 million. These new commitments build on an earlier agreement from July 2025, highlighting Singapore's strategic importance as a center for advanced aerospace manufacturing, maintenance, repair and overhaul (MRO), and high-value engineering services.
Expansion of GTF MRO and Engine Manufacturing
Pratt & Whitney, a division within RTX, announced plans to expand its global maintenance, repair, and overhaul (MRO) operations for its geared turbofan (GTF) engines. A notable upgrade involves adding new capabilities at its Seletar facility in Singapore focused on servicing the fan drive gear system (FDGS) integral to GTF engines. Incorporating advanced automation and artificial intelligence (AI) technologies, this new FDGS maintenance line aims to reduce engine turnaround times significantly.
In response to rising worldwide production needs, Pratt & Whitney will also grow its coating operations located in Tuas, Singapore. This expansion, which will increase the facility's size by approximately 25%, is expected to enhance the durability of critical hot section components on GTF engines. Furthermore, the project will establish original equipment manufacturer (OEM)-level engineering expertise on-site, reinforcing the technical capabilities of the Tuas facility.
Collins Aerospace Service Agreements with Major Airlines
Collins Aerospace has secured an extension of its FlightSense services contract with Singapore Airlines concerning their Boeing 777 fleet. This five-year extension now covers a total of 27 aircraft, including the addition of five Boeing 777F freighters. The continuation of this agreement underscores Collins Aerospace's role in delivering predictive and reliability-focused maintenance solutions that optimize performance.
In addition, Collins Aerospace reached two renewal agreements with All Nippon Airways (ANA). The first is a five-year extension for on-site support covering ANA’s diverse aircraft fleet, including Boeing 737NG/MAX, 767, 777, and 787 models, as well as the De Havilland Canada Dash 8-400. Under this contract, Collins Aerospace will provide predictive maintenance services concentrating on environmental control, electrical, and engine control systems to ensure optimal operational reliability.
The second ANA-related contract is a three-year extension of an existing repair agreement, in place since 2017, that covers maintenance, repair, and overhaul services for accessories supporting ANA's Boeing 787 Dreamliners powered by Rolls-Royce Trent 1000 engines. This renewal emphasizes sustained collaboration and service quality continuity for critical aircraft components.
Market Reaction and Stock Performance
Following the announcement of these strategic expansions and contract renewals, RTX Corporation's stock showed marginal movement in the equity markets, closing slightly higher by 0.08% at $201.09 on Monday, as reported by Benzinga Pro data. While the stock price saw only a minor uptick, the underlying developments indicate significant long-term operational enhancements and commitment to global aerospace service excellence.
Conclusion
RTX's newly announced agreements reinforce its strategic positioning in aerospace manufacturing and services within the Asia-Pacific region, particularly in Singapore. The planned investments and contract extensions across Pratt & Whitney and Collins Aerospace divisions highlight sustained efforts to meet growing regional and global demand for advanced aircraft technologies and maintenance services. These developments represent a calculated expansion aligning with industry needs for next-generation aircraft support and cutting-edge engineering capabilities.