Leeham News and Analysis
There's more to real news than a news release.
Part 2: Solving Workforce shortages: Bumping Along or Soaring?
By Kathryn B. Creedy Analysis May 6, 2026, © Leeham News: The history of workforce issues is long–40 years–and dozens of efforts have attempted to address workforce shortages as we’ve bumped along, complaining about the problem and waiting… Read More
RTX Q1 2026 Earnings: Conflict Drives Defense Focus as RTX Delivers Strong Start, Pratt Responds to Airbus in A320 Glider Spat
By Chris Sloan April 21, 2026 © Leeham News: RTX opened its 2026 financial reporting with a robust first quarter, but the earnings call was dominated by the implications of the conflict in the Middle East following the… Read More
RTX 2025 Earnings: Commercial Aerospace Leads Growth as Pratt Advances GTF Recovery
By Chris Sloan Jan. 27, 2026 © Leeham News: “RTX is constructed to meet the moment—by the moment I mean the ramp both in defense and commercial—and to drive long-term value for customers and shareholders,” RTX President and… Read More
Pratt & Whitney builds for the future while wrestling with the present
Subscription Required By Bjorn Fehrm and Charlotte Bailey January 26, 2026, © Leeham News: Pratt & Whitney (PW) bet big on the geared turbofan to take it back to a sizeable position in the market’s largest airliner segment,… Read More
RTX 2024 Earnings: Pratt Progress on GTF AOG and MRO While Preparing to Seize the Advantage; Collins Battles BFE Supply-Chain
By Chris Sloan January 28, 2025 © Leeham News: RTX chief executive Christoper T. Calio says the company’s number one priority is executing on its $218 bn backlog and meeting its commitment to customers – topped by the… Read More
Earnings: Pay closer attention to the supply chain than to the OEMs
Subscription Required By Scott Hamilton Jan. 23, 2025, © Leeham News: Earnings season begins today. Among the companies followed by LNA, GE Aerospace and Hexcel report today. RTX and Boeing report next week. ATI and Spirit AeroSystems follow… Read More
The Military Gravy Train. Not for everyone.
Subscription Required By the Leeham News Team Aug. 22, 2024, © Leeham News: Lockheed Martin (LM). RTX. Northrop Grumman (NG), General Dynamics (GD). BAE Systems (BAE). These are the world’s largest defense contractors, by revenue. 2023 2022… Read More
MTU posts upbeat earnings report despite €1bn GTF hit
Subscription Required By Gordon Smith Oct. 30, 2023, (c) Leeham News: MTU Aero Engines has confirmed its guidance for 2023 and posted higher adjusted sales and earnings in the third quarter. The numbers are the first reported by… Read More