(Reuters) -Aerospace and defense major RTX on Tuesday beat first-quarter earnings estimates, helped by demand for missile defense systems and strength in the commercial aftermarket business. The aftermarket business gained as airlines had to extend the service life of aircraft to keep up with the recovery in air travel amid the limited availability of new commercial planes. Pratt and Whitney, a subsidiary of RTX, reported a sales rise of 23% amid the ongoing inspection drive to check for potentially flawed components in its geared turbofan (GTF) jet engines.
Lockheed Martin Reports Higher Sales on Strong Defense Demand
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RTX Profit Jumps 20% on Aviation Strength, Military Demand
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RTX beats estimates on military demand, aviation strength
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