BOC Aviation Confirms Largest-Ever Pratt & Whitney Order for 220 GTF Engines
RTX sits 35% above its 52-week low of $143.56.
Summary
BOC Aviation confirmed an order for up to 220 Pratt & Whitney GTF engines, powering up to 110 Airbus A320neo family aircraft. This is the largest order BOC Aviation has ever placed with Pratt & Whitney, underscoring strong lessor demand for the fuel-efficient engine despite ongoing GTF durability issues. The deal was originally signed as an undisclosed order in June 2025, so the public confirmation and sizing provide new visibility into the backlog. It follows British Airways' GTF selection yesterday, adding to a string of commercial aerospace wins for RTX's Pratt & Whitney unit. The order reinforces the GTF's market position and could help offset concerns over engine groundings and maintenance costs.
At the time of this announcement, RTX was trading at $194.42 on NYSE in the Manufacturing sector, with a market capitalization of approximately $261.8B. The 52-week trading range was $143.56 to $214.50. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: PR Newswire.