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Stock impact report

RTX aims to boost India headcount by 14% in 3 years, execs say [Yahoo! Finance]

RTX Corporation (RTX) 
Company Research Source: Yahoo! Finance
BENGALURU (Reuters) - U.S. aerospace and defence giant RTX Corp plans to hire 1,000 more people to its 7,000-strong workforce in India by 2027, its top executives told Reuters, as it looks for more engineers and data scientists to power its global operations. The jobs will be added across RTX's units, including around 300 engineers for aircraft engine maker Pratt & Whitney over the next 12-18 months, and 700 at the aerospace supplier Collins Aerospace over the next 3 years. Global aerospace and defence firms such as Airbus, Rolls-Royce Holdings and Lockheed Martin also have technology and engineering operations in India. These units are known as global capability centres (GCCs) and support the companies in their daily operations, and research and development, among others. "India, from an RTX perspective, is not a low-cost destination. It is our talent hub. We have around 150 global roles, running their teams sitting out of India. Our biggest export is our talent," said Collins Show less Read more
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