RTX delivers strong 12% sales growth; Q1 book-to-bill of 1.34 with an RTX record backlog of $202B; Reaffirms full year outlookÂ
ARLINGTON, Va., April 23, 2024 /PRNewswire/ RTX reported first.
Canada has granted Airbus a waiver to allow it to use Russian titanium in its manufacturing after becoming the first Western government to ban supplies of the strategic metal in the latest package of measures triggered by the war in Ukraine. The move gives Airbus flexibility in its Canadian plants and is expected to allay concerns that its core operations could be hit by effectively banning the import to Canada of European-built long-range jets that rely most heavily on titanium. Russian state-backed VSMPO-AVISMA has for years been the industry's largest titanium supplier.
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