RTX and the Singapore Economic Development Board sign MOU outlining 10-year growth roadmap

This press release was issued by RTX.

 

RTX and the Singapore Economic Development Board (EDB) have signed a Memorandum of Understanding (MoU) which outlines a 10-year roadmap to further long-term strategic collaboration in Singapore. This agreement reaffirms RTX’s longstanding commitment to Singapore and its role as a key hub for RTX’s global operations, particularly in aerospace maintenance, repair and overhaul, advanced manufacturing and innovation.

This MoU is the latest example of the mutually beneficial long-term partnerships between RTX EDB, reinforcing both parties’ commitment to Singapore’s position as a strategic node in RTX’s global network. It sets the stage for strategic investments and collaborations across core areas:

• Advanced Manufacturing 
• Maintenance, Repair and Overhaul (MRO) 
• Artificial Intelligence and Innovation 
• Talent and skills development 
• Foundational technologies for next-generation platforms

Singapore is RTX’s third largest commercial footprint outside of the U.S., a result of strong support from the Singaporean government and its strategic location near major markets in the region. It serves as RTX’s commercial aviation operational hub in Asia Pacific, the fastest- growing region in the aviation industry. For over 50 years, RTX has had a presence in Singapore serving as the country’s largest foreign aerospace and defense employer, with more than 4,300 employees across 12 factories. RTX continuously invests in strategic partnerships to design, develop and produce innovative solutions that support the growing defense and commercial aviation customer base in Asia Pacific.

Since 2024, RTX announced these investments:

• Collins Aerospace moves to new $250 million manufacturing facility in Seletar Aerospace Park 
• Pratt & Whitney invests $20 million to grow manufacturing capacity for GTF turbine disks by 45% 
• Pratt & Whitney expands GTF MRO capacity by two-thirds at Eagle Services Asia 
• Pratt & Whitney Canada adds new overhaul line for PT6C-67C engines powering AW139 helicopters 
• Pratt & Whitney launches full operations of the Singapore Technology Accelerator to develop innovations that will roll out across its global MRO operations