RTX Corporation plans $100M Poland expansion to boost output 30% by 2028
RTX’s Pratt & Whitney is investing $100 million in its Rzeszów facility to boost isothermal forging capacity and output by 30% by 2028. The company posted Q1 revenue growth of 9% and 22% adjusted net income growth, holds a $271 billion backlog and analysts see 20% upside despite buyback curbs.
1. Poland Capacity Expansion
RTX’s Pratt & Whitney division will invest $100 million to build an isothermal forging facility in Rzeszów, Poland, adding heat treatment, sonic machining and inspection operations. Alongside a $200 million press in Georgia, these projects aim to lift critical engine part output by 30% by 2028.
2. Q1 Revenue and Earnings Growth
In the first quarter, RTX posted 9% revenue growth and a 22% increase in adjusted net income, driven by strong demand for commercial and military engine services. Robust aftermarket and defense segment performance offset a modest guidance shortfall, underpinning solid operational metrics.
3. Backlog and Buyback Constraints
The company carries a $271 billion order backlog, providing long-term revenue visibility across aerospace and defense. Analysts maintain a 20% price-target upside despite regulatory curbs on share repurchases for underperforming defense contractors, which may delay cash returns to shareholders.