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RTX Expands Electric Aircraft Tech With New Collins Aerospace Facilities in Europe

RTX Corporation (NYSE:RTX) is one of the 15 best stocks to invest in for an 18 year old. On June 9, Collins Aerospace, a division of RTX Corporation (NYSE:RTX), announced that it was extending its capabilities for electrifying aircraft by establishing a new production line for electric thrust reverser actuation systems (elecTRAS) in Colomiers, France, alongside a new technical center of excellence in Wolverhampton, UK.

With complex design and testing capabilities, the Wolverhampton center focuses on manufacturing next-generation electric thrust reverser actuation systems for commercial aircraft. Further, the Colomiers facility will manage the final assembly of these electric systems, thus raising production capacity and efficiency.

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By using elecTRAS instead of conventional hydraulic-powered thrust reverser actuation systems, Collins may build nacelle systems that are lighter by 15-20% and easier for customers to install and maintain. As a result, operational performance and fuel efficiency are enhanced. Collins’ most recent generation elecTRAS had accumulated almost 11 million flight hours, with over 600 Airbus A350XWB aircraft in operation and manufacture continuing into the decade to come.

Leading aerospace and defense firm RTX Corporation (NYSE:RTX) offers products and services to commercial, military, and governmental customers worldwide.

While we acknowledge the potential of RTX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

Read More: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds

Disclosure: None.

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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

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