RTX CEO said Pratt & Whitney strike will impact quarterly cash
1. A Pratt & Whitney workers' strike may affect RTX’s cash flow. 2. CEO expects recovery of cash flow impact within the year.
FAQ
Why Neutral?
While strikes can disrupt operations, RTX has a recovery plan, lessening overall risk. Historical events like Boeing's recovery from similar strikes indicate potential for stabilization.
How important is it?
The strike impacts cash flow, a critical metric, but recovery plans reduce its severity.
Why Short Term?
The immediate cash flow impact is felt in Q2, but recovery is planned within the year.