CLAIM #52633 · RTX Corporation (RTX) · 2025Q4 earnings call · Jan 27, 2026 · due Dec 31, 2026
“There's a little bit of offset on the PW4000s and 2000s as those older engines start to retire. Those are expensive overhauls, and know, we're seeing a little bit of headwind there, probably about $100 million for 2026.”
Neil Mitchill · CFO
How to check this claim
Look at: Headwind to Pratt & Whitney commercial aftermarket revenue from PW4000/2000 legacy engine retirements, fiscal year 2026
It came true if: Disclosed or implied headwind approximately $100 million (+/- $30 million) for 2026
Where: Management commentary on RTX quarterly earnings calls / Pratt & Whitney segment discussion (10-K/10-Q or investor materials)
In context
“hanks, Scott. I will start with the Pratt I'll fill in where I left off. We're talking about the OE side. About 70% of Pratt's growth in '26 is going to come from commercial aftermarket. We talked about that being up high single digits. If you kind of look at the pieces here, I'll start with Pratt Canada. We'll see growth in their aftermarket that's in the high single digit range. So, you know, very solid there. You know, growing ahead of, you know, RPKs in the market. Within the large commercial engine business, you know, on a V2500 shop visit basis, we talked last year about, you know, doing 800 or so shop visits with probably did a little bit more than that. Think for 2026, we're expecting it to be more or less the same, probably within 20 shop visits of, 2025. So steady and above 800. There's a little bit of offset on the PW4000s and 2000s as those older engines start to retire. Those are expensive overhauls, and know, we're seeing a little bit of headwind there, probably about $100 million for 2026. All things that we saw coming and we planned aligned with, our customers, fleet plan. So inside of the aftermarket, those are a couple of moving pieces on the legacy side of the business. And, of course, the GTF aftermarket is continuing to grow, as you point out. Chris talked about stepping up again, similar to the growth level that we saw in 2025. The shop visit content varies, though they're getting heavier, and so we will see that in the top line. Maybe just a comment on on the profitability there. You know, we've seen you know, solid margins, you know, in progression on the GTF aftermarket. So, you know, I'd call it low low double digit kinda margins. See one to two points maybe of expansion here in '26. So that GTF aftermarket revenue stream is moving in the right direction as we ge”
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SEC filings for RTX ↗ · Claim quote is verbatim from the 2025Q4 earnings call.