RTX Strengthens its Commitment to Aerospace in Singapore with $139 Million Investment
RTX's Investment in Singapore Aviation
At the recent Singapore Air Show, RTX, a prominent player in the aerospace industry, announced its commitment to invest over $139 million in Singapore through multiple memoranda of understanding (MOUs) with the Singapore Economic Development Board (EDB). This significant investment reflects RTX’s long-standing relationship with Singapore and its intent to bolster the country’s position as a leading aerospace hub in the Asia Pacific region.
RTX has been a cornerstone of Singapore's aerospace landscape for over 50 years, employing more than 4,300 people across 12 facilities. The newly signed agreements come as a boost to Singapore's aerospace ecosystem, emphasizing the importance of advanced manufacturing, maintenance, repair, and overhaul (MRO) operations, as well as high-value engineering capabilities.
Key Highlights of the Investment
1. Collins Aerospace Expansion: One of the subsidiaries of RTX, Collins Aerospace, plans to expand its MRO capabilities in Singapore to cater to increasing regional demand. This includes the introduction of new electrical power systems and control systems to enhance turnaround times for customers. For instance, the investment will support the integration of Boeing 777X Integrated Drive Generators, aimed at efficient service entry for the 777X. Additionally, critical products for the Boeing 787 fleet will be enhanced, which include advanced cooling systems and controllers for key components.
2. Pratt & Whitney Advancements: Another RTX subsidiary, Pratt & Whitney, is set to enhance its GTF engine maintenance and manufacturing capabilities at its Seletar facility. A new Fan Drive Gear System (FDGS) maintenance line will leverage automation and AI technologies, dramatically reducing service times for the GTF engine. Moreover, Pratt & Whitney will expand its coating capabilities at the Tuas facility, enhancing the durability of hot section parts, with a goal to increase its operational footprint by 25%.
Strengthening Regional Aerospace Leadership
Chris Haave, Vice President at RTX for International Operations, emphasized the company’s commitment to supporting Singapore as a strategic location for next-generation aerospace technologies. He stated, "Our investment not only aims at enhancing our capabilities but also aligns with Singapore’s ambition to lead globally in aerospace innovation. Together with EDB’s support, we are creating opportunities for high-value jobs and enhancing our service offerings in the region."
Cindy Koh, Executive Vice President of the EDB, echoed these sentiments, highlighting the significance of RTX's investments in reinforcing Singapore’s aerospace ecosystem. The partnerships are expected to create new job opportunities in advanced manufacturing technologies, reflecting a strong outlook for local employment and industry growth.
Conclusion
Through its substantial investment and strategic partnerships, RTX is actively contributing to the development of Singapore's aerospace landscape. This commitment not only addresses growing industry demands but also aligns with the nation’s vision of remaining a premier global aerospace hub. RTX’s continued investment in Singapore signifies a robust future for the aerospace sector in the region, fostering innovation and job creation for its residents.