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RTX Wins a Contract to Supply APY-10 Radar Spares to Canada & Germany
ZACKS· 2025-04-10 13:10
RTX Corp.’s (RTX) Raytheon business unit recently secured a modification contract involving APY-10 radar systems. The award has been offered by the Naval Air Systems Command, Patuxent River, MD.  Details of the DealValued at $15.8 million, the contract is expected to be completed by March 2028. Per the terms of the deal, RTX will procure materials necessary to support the production and delivery of seven APY-10 radar systems for the U.S. Navy. The contract also entails RTX to procure APY-10 radar system spa ...
V2500® engines surpass 300 million flight hours of service
Prnewswire· 2025-04-09 10:00
Core Insights - The V2500 engine has achieved a significant milestone of over 300 million flight hours, showcasing its reliability and performance in the aviation industry [1][3] - The engine powers approximately 2,800 aircraft and serves over 150 operators globally, including passenger, cargo, and military missions [2] - IAE has celebrated 40 years of collaboration and innovation, and the V2500 engine has been successfully tested on 100% Synthetic Aviation Fuel [2] Company Overview - IAE International Aero Engines AG is a consortium that includes Pratt & Whitney, Japanese Aero Engines Corporation, and MTU Aero Engines AG [1] - Pratt & Whitney is recognized as a leader in aircraft engine design, manufacturing, and servicing [5] - RTX, the parent company of Pratt & Whitney, is the largest aerospace and defense company globally, with sales exceeding $80 billion in 2024 [6] Engine Performance and Services - The V2500 engine has an average age of 15 years and continues to provide customized solutions to meet customer needs [3] - Enhanced services for the V2500 include life-limited part solutions, material programs, and tailored engine swaps [4] - Maintenance, repair, and overhaul services for the V2500 are supported by 13 facilities worldwide, including eight IAE party company facilities [4]
RTX's Collins Aerospace launches Ascentia® Repeaters with Republic Airways
Prnewswire· 2025-04-09 10:00
Core Insights - Collins Aerospace has launched Ascentia® Repeaters, a predictive health maintenance application, with Republic Airways as the first airline to implement it across their fleet of over 200 Embraer E-Jet 170 and 175 aircraft [1][4] - The Repeaters application utilizes natural language processing to enhance maintenance efficiency by organizing unstructured data from maintenance logs [2] - The solution identifies and clusters chronic maintenance issues, enabling airlines to prioritize maintenance based on specific fleet data, thereby reducing downtime and preventing recurring problems [3][4] Company and Industry Overview - Collins Aerospace is a leader in integrated solutions for the aerospace and defense industry, employing 80,000 people dedicated to advancing technologies for sustainable aviation and passenger safety [6] - RTX, the parent company of Collins Aerospace, is the largest aerospace and defense company globally, with over 185,000 employees and projected sales exceeding $80 billion in 2024 [7] - The agreement with Republic Airways includes options for expanding capabilities, allowing for additional services like predictive analytics during the contract's lifetime [5]
RTX's Collins Aerospace wins Crystal Cabin Award for its galley.ai solution
Prnewswire· 2025-04-09 07:00
Core Insights - Collins Aerospace has won a 2025 Crystal Cabin Award for its galley.ai system, marking its 15th win in the award's 19-year history [1][2] - The galley.ai system utilizes advanced AI and sensor technology to enhance onboard service, communication, and maintenance [2][4] Group 1: Product Features and Benefits - The galley.ai system improves communication within the aircraft ecosystem, facilitating crew-to-crew and crew-to-passenger interactions [3] - It generates automated messages for crews and provides real-time service updates to passengers through their personal devices [3][4] - The system actively monitors performance and integrates with smart galley inserts to predict maintenance needs, thereby reducing aircraft downtime [4] Group 2: Company Background - Collins Aerospace is part of RTX, which employs over 185,000 people and reported sales of $69 billion in 2023 [7] - The company focuses on delivering innovative technologies for sustainable aviation, passenger safety, and mission success [6][7]
Heathrow AOC and RTX's Collins Aerospace ink contract extension to provide streamlined passenger experience
Prnewswire· 2025-04-09 06:00
Core Insights - Collins Aerospace has renewed a six-year agreement with Heathrow Airline Operators' Committee (AOC) to provide its ARINC cMUSE solution across all four passenger terminals at London Heathrow Airport, enhancing operational efficiency and passenger experience [1][3] - The ARINC cMUSE system allows over 80 airlines at Heathrow to utilize shared resources, dynamically allocating check-in desks and boarding gates based on real-time demand, thus optimizing space and operational costs [2][5] - Heathrow Airport handled a record 83.9 million passengers in 2024, highlighting the need for scalable and secure solutions to manage increasing passenger traffic [3][4] Company and Industry Overview - Collins Aerospace, part of RTX, specializes in integrated solutions for the aerospace and defense sectors, employing 80,000 individuals dedicated to advancing technologies for sustainable aviation and passenger safety [8][9] - Heathrow AOC, established in 2009, represents over 90 airlines and ground handlers, focusing on operational and regulatory challenges within the airport environment [6][7] - The ARINC cMUSE solution is deployable in various configurations, including cloud and hybrid models, allowing for flexibility in scaling operations and reducing support costs through ARINC Managed Services [5]
RTX's Collins Aerospace joins the Digital Alliance for Aviation to expand predictive maintenance and health monitoring solutions
Prnewswire· 2025-04-08 12:30
Collins' range of data analytics expertise and componentry provides critical insight to systems spanning the entire aircraftATLANTA, April 8, 2025 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, will advance predictive health monitoring solutions for airlines as part of the Digital Alliance for Aviation, an Airbus-led initiative powered by the Skywise platform.Focused on advancing aviation through collaboration, data transparency and digital transformation, the Digital Alliance will benefit ...
RTX Corporation: Tune Out The Noise And Buy The Dip (Rating Upgrade)
Seeking Alpha· 2025-04-08 11:00
iREIT+HOYA Capital is the premier income-focused investing service on Seeking Alpha. Our focus is on income-producing asset classes that offer the opportunity for sustainable portfolio income , diversification , and inflation hedging . Get started with a Free Two-Week Trial and take a look at our top ideas across our exclusive income-focused portfolios.It pays to have dry powder handy for market crashes like this. For how much lower stocks can go is anyone’s guess. However, smart retail investors have been ...
RTX's Collins Aerospace unveils enhanced self-service solutions at Passenger Terminal Expo
Prnewswire· 2025-04-08 10:30
Integrated, end-to-end airport solution enables a seamless travel experienceMADRID, April 8, 2025 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, has unveiled enhancements to its SelfServ™ platform, an integrated Common Use Self Service (CUSS) solution designed to streamline both the passenger travel experience and airport operations.Integrating both check-in and bag drop, SelfServ empowers passengers to manage their own journey through Collins' new user-friendly kiosks. When combined with t ...
RTX's Pratt & Whitney inks agreement for Delta Tech Ops to increase GTF MRO capacity by 30%
Prnewswire· 2025-04-08 10:00
GTF capacity to increase to 450 shop visits annuallyEAST HARTFORD, Conn., April 8, 2025 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, and Delta Air Lines ("Delta") today announced an agreement to expand GTF overhaul capacity at Delta TechOps' Atlanta facility over the next decade. Under the agreement, the facility's annual capacity will increase by more than 30 percent with the ability to overhaul up to 450 engines per year, making it one of the largest member facilities in the Pratt & Whitn ...
RTX's Pratt & Whitney launches additive GTF repair solution to improve turnaround time
Prnewswire· 2025-04-08 10:00
Core Insights - Pratt & Whitney has developed a new additive manufacturing repair for GTF engine components that reduces process time by over 60% and aims to recover $100 million in parts over the next five years [1][2] Group 1: Technology Development - The new repair process utilizes Directed Energy Deposition, a 3D printing method, to enhance the repair of GTF structural case features [2] - The technology minimizes machine changeover and reduces heat treat cycles, leading to significant efficiency improvements [2] - Pratt & Whitney's North American Technology Accelerator in Jupiter, Florida, collaborated with the Connecticut Center for Advanced Technology and the RTX Research Center for this development [2] Group 2: Future Applications and Expansion - In April 2024, Pratt & Whitney announced plans to expand technology accelerators to include advanced repairs, digital inspection, and adaptive processing for various engine components [3] - The North American Technology Accelerator complements the Singapore Technology Accelerator, which focuses on robotics and advanced inspection [3] - Combined annual savings of at least $24 million are anticipated from these accelerator programs [3] Group 3: MRO Network - The Pratt & Whitney GTF MRO network consists of 20 leading MRO companies across four continents, providing quick turn capabilities [4] - This network is part of Pratt & Whitney's EngineWise® solutions, offering a range of aftermarket services for sustainable value [4] Group 4: Company Overview - Pratt & Whitney is a leader in aircraft engine design, manufacturing, and servicing [5] - RTX, the parent company, is the largest aerospace and defense company globally, with over 185,000 employees and 2024 sales exceeding $80 billion [6]