Raytheon - $RTX - 10Q Flash Report - Oct 26, 2023

Risk Alert - A significant new risk disclosure has been introduced concerning Pratt & Whitney's "Powder Metal Matter." Notably, they are expecting a significant increase in fleet actions related to this issue compared to prior estimates. The current estimated cost of addressing this matter is $2.9 billion, but it's important to acknowledge that this figure is subject to change and may increase if it's determined that other engine models are also affected by the same issue.

In addition, the company has utilized a $10 billion bridge loan to fund an accelerated stock repurchase program and S&P has downgrade their credit rating.

Check out the sentiment analysis at - https://d-risk.ai

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