Investment
Features
FeesSafety
Academy
More
Pluang+

Pratt & Whitney Canada invests CAD 275M to upgrade Longueuil manufacturing site

Company Fundamentals
21 Jul 2026
PRNewsWire
View Source
Bullish
pluang ai news

Pratt & Whitney Canada is investing CAD 275 million to enhance its manufacturing operations at the Longueuil, Quebec facility, its largest site with nearly 4,500 employees. The investment, supported by Canadian and Quebec government agencies, will add automated production lines, modern machinery, and advanced digital processes to boost efficiency and precision. This move strengthens Pratt & Whitney Canada's industrial capacity to meet growing global demand and reinforces its key role in the Quebec aerospace sector. The upgrade will help the company better support customers producing engines for various aviation platforms.

More News (RTX)

OpenAI and Anthropic boost lobbying to $3.17M in Q2 ahead of IPOs and midterms

OpenAI and Anthropic boost lobbying to $3.17M in Q2 ahead of IPOs and midterms

OpenAI and Anthropic increased their federal lobbying spending to a record $3.17 million in Q2 2026, up 23% from Q1, as they prepare for upcoming IPOs and the midterm elections. Anthropic spent $1.97 million, surpassing Nvidia, while OpenAI spent $1....

Market News
Neutral
4 hours ago
Collins Aerospace and Etihad Engineering form JV to expand aircraft MRO services in Abu Dhabi.

Collins Aerospace and Etihad Engineering form JV to expand aircraft MRO services in Abu Dhabi.

Collins Aerospace and Etihad Airways Engineering have formed a joint venture to provide maintenance, repair, and overhaul (MRO) services for Airbus A350 and Boeing 787 widebody aircraft in Abu Dhabi. The JV will relocate Collins' nacelle operations t...

Company Fundamentals
Bullish
5 hours ago
Tigerair Taiwan orders 15 Airbus A321neos with fuel-efficient Pratt & Whitney GTF engines.

Tigerair Taiwan orders 15 Airbus A321neos with fuel-efficient Pratt & Whitney GTF engines.

Tigerair Taiwan has signed a Memorandum of Understanding with Pratt & Whitney to equip 15 Airbus A321neo aircraft with GTF engines, including four firm and 11 leased planes. Pratt & Whitney will also provide a 12-year EngineWise maintenance service a...

Market News
Bullish
5 hours ago
Raytheon wins $1.8B contract extension for advanced SPY-6 naval radars, boosting U.S. Navy defense capabilities.

Raytheon wins $1.8B contract extension for advanced SPY-6 naval radars, boosting U.S. Navy defense capabilities.

Raytheon has secured a $1.8 billion contract extension to produce SPY-6 radars for the U.S. Navy, with potential total value reaching $3.3 billion if options are exercised. The SPY-6 radar, already installed on 13 Navy ships and tested at sea, will b...

Market News
Bullish
8 hours ago
Ground testing begins for RTX's hybrid-electric aircraft engine in Quebec, aiming for 30% fuel savings.

Ground testing begins for RTX's hybrid-electric aircraft engine in Quebec, aiming for 30% fuel savings.

Pratt & Whitney Canada has started ground testing the flight-standard hybrid-electric propulsion system and propeller for the RTX Hybrid-Electric Flight Demonstrator in Quebec. This system combines a thermal engine with a 1-megawatt electric motor to...

Market News
Bullish
9 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App