RTX, EDB signs 10-year strategic collaboration in Singapore
Core areas include manufacturing and talent, and skills development.
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.
The collaboration is focused on strategic investments and collaborations across core areas such as advanced manufacturing, maintenance, repair, and overhaul (MRO), talent and skills development, and foundational technologies for next-generation platforms.
“We are excited to witness the build-out of new capabilities in advanced manufacturing and innovation in the coming years, which will bring significant value to the ecosystem, “ Cindy Koh, Executive Vice President at EDB, said.
Singapore is RTX’s third-largest commercial footprint outside of the U.S. It serves as RTX’s commercial aviation operational hub in Asia Pacific, the fastest-growing region in the aviation industry.