RTX

Blended-wing aircraft developer raises $175 million in a Series B round that includes United Airlines Ventures, RTX Ventures, and Northrop Grumman.

Company says unionized machinists will return to work Thursday.

GTF Advantage powerplant delivers 4-8 percent additional takeoff thrust, enabling higher payload and longer range, manufacturer says.

Kelly Ortberg, who recently served as president and CEO of Rockwell Collins, will take the reins August 8.