RTX and the Singapore Economic Development Board sign MOU outlining 10-year growth roadmap
PARIS (June 18, 2025) – 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. This agreement reaffirms RTX’s longstanding commitment to Singapore and its role as a key hub for RTX’s global operations, particularly in aerospace maintenance, repair and overhaul, advanced manufacturing and innovation.
This MoU is the latest example of the mutually beneficial long-term partnerships between RTX EDB, reinforcing both parties’ commitment to Singapore’s position as a strategic node in RTX’s global network. It sets the stage for strategic investments and collaborations across core areas:
- Advanced Manufacturing
- Maintenance, Repair and Overhaul (MRO)
- Artificial Intelligence and Innovation
- Talent and skills development
- Foundational technologies for next-generation platforms
“This MoU builds on our decades-long partnership with Singapore and creates new opportunities to explore innovation and future growth in the aerospace sector,” said Paolo Dal Cin, senior vice president for RTX’s Operations and Supply Chain. “It represents our shared vision for building a strong future focused on technology, advanced manufacturing and talent development in the Asia-Pacific region.”
“Singapore’s longstanding partnership with RTX, a globally leading aerospace company, bears testament to our standing as Asia’s leading aerospace hub. We are heartened to see RTX’s growth in Singapore to capture aerospace and aviation growth opportunities in Asia Pacific region. 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,” said Cindy Koh, Executive Vice President, EDB.
Singapore is RTX’s third largest commercial footprint outside of the U.S., a result of strong support from the Singaporean government and its strategic location near major markets in the region. It serves as RTX’s commercial aviation operational hub in Asia Pacific, the fastest-growing region in the aviation industry. For over 50 years, RTX has had a presence in Singapore serving as the country’s largest foreign aerospace and defense employer, with more than 4,300 employees across 12 factories. RTX continuously invests in strategic partnerships to design, develop and produce innovative solutions that support the growing defense and commercial aviation customer base in Asia Pacific.
About RTX
RTX is the world's largest aerospace and defense company. With more than 185,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney and Raytheon – we are advancing aviation, engineering integrated defense systems for operational success, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2024 sales of more than $80 billion, is headquartered in Arlington, Virginia.
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