RTX: Digital Service Push Can Turn Backlog Into a Margin Re-rating
RTX is sitting on a deep backlog and accelerating service wins. Management’s digital transformation — expanded GTF MRO, analytics-driven spare-parts optimization, and longer service agreements at Collins and Pratt & Whitney — can act as a margin multiplier, justifying a re-rating from the mid-30s P/E range toward the mid-20s EV/EBITDA peers trade a…