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RTX's Collins Aerospace completes industry first retrofit of Iridium Certus satellite connectivity
prnewswire.com· 2024-05-28 08:00
Compact and light weight, the system is reliable, easy to install and cost-effective GENEVA, May 28, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business has modified a Prince Aviation Cessna 525 Citation Jet with its IRT NX Satellite Communication (SATCOM) system, providing high-speed cabin connectivity through the Iridium Certus® 700 satellite service. EASA certification and design approval was obtained by Q.C.M. Design GmbH with Prince Aviation installing the hardware onto the aircraft, be ...
RTX's Collins Aerospace and Panasonic Avionics unveil MAYA - the future of premium air travel
prnewswire.com· 2024-05-28 06:00
The reimagined suite for the next generation of tech-savvy passengers elevates the on-board experience, enhancing airline loyalty, passenger satisfaction and profitability HAMBURG, Germany, May 28, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, and Panasonic Avionics Corporation (Panasonic Avionics) today jointly unveiled MAYA, a transformative vision for a next-generation business class suite at the 2024 Aircraft Interiors Expo in Hamburg, Germany. MAYA combines Collins Aerospace and ...
RTX's Collins Aerospace receives EASA approval for Pro Line Fusion® retrofits on Cessna aircraft
prnewswire.com· 2024-05-27 08:00
Integrated Fusion avionics improve aircraft performance, safety and control GENEVA, May 27, 2024 /PRNewswire/ -- Cessna Citation CJ1+/2+ aircraft registered in Europe can now be upgraded with the advanced functionality of the Collins Aerospace Pro Line Fusion® integrated avionics system after receiving certification approval from the European Aviation Safety Agency (EASA). Collins Aerospace is an RTX (NYSE: RTX) business. CJ1+/2+ aircraft based in Europe are now eligible for Pro Line Fusion upgrades, enabli ...
RTX Secures a $227M Contract to Support AIM-9X Missile Program
zacks.com· 2024-05-24 14:31
RTX Corp. (RTX) recently clinched a contract involving its AIM-9X and AIM-9X Block II missiles. The award has been offered by the Naval Air Systems Command, Patuxent River, MD. Details of the Deal Valued at $227.4 million, the contract is expected to be completed by May 2029. Per the terms of the deal, RTX will provide depot-level repairs and other related services to support AIM-9X and AIM-9X Block II missile sustainment efforts. These services include logistics support, sustainment engineering, software s ...
RTX (RTX) Up 5.2% Since Last Earnings Report: Can It Continue?
zacks.com· 2024-05-23 16:36
A month has gone by since the last earnings report for RTX (RTX) . Shares have added about 5.2% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is RTX due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. RTX Q1 Earnings Surpass Estimates by 9%, Sales Increase Y/Y Including ...
RTX's Collins Aerospace awarded Survivable Airborne Operations Center subcontract
prnewswire.com· 2024-05-23 14:00
RICHARDSON, Texas, May 23, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business was awarded a multi-billion-dollar subcontract as part of a team led by SNC to design, develop and deliver systems and products for a new aircraft under the U.S. Air Force's Survivable Airborne Operations Center (SAOC) program. The SAOC program delivers next-generation of the E-4B National Airborne Operations Center, providing top military leaders with a survivable aircraft to ensure performance of the National Mi ...
RTX's Collins Aerospace offers solution for passengers with reduced mobility
Prnewswire· 2024-05-20 13:06
Travelers to board and remain in their wheelchairs during flight, offering greater comfort at an affordable cost to airlines WINSTON-SALEM, N.C., May 20, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business will unveil its cabin solution for onboard wheelchair accommodation next week at the annual Aircraft Interiors Expo in Hamburg, Germany. The Collins product is compatible with most WC19 and ISO 7176-19 transport- certified powered wheelchair devices, allowing passengers with reduced mobili ...
Raytheon Rides the Defense Boom as a Triple Threat
MarketBeat· 2024-05-15 11:02
Key Points Shares of the world's largest aerospace and defense company, Raytheon Technologies Corp. NYSE: RTX, have launched to new 52-week highs. President Joe Biden signed a $95 billion foreign aid bill into law, which allocates $61 billion for Ukraine's aid in its war with Russia. Nearly $6 billion of initial military aid was activated, including rush shipments of Patriot missiles, which are produced by aerospace sector giant Raytheon Technologies and supplied by Lockheed Martin Co. NYSE: LMT. Raytheon's ...
Bulls Won Big With Defense Stock's Record Highs
Schaeffers Research· 2024-05-14 17:54
Weekend Player subscribers more than tripled their investments with our RTX Corp (NYSE:RTX) August 95 call recommendation. Let's unpack the reasoning behind this winning bet below. Nevertheless, analysts still leaned bearish, with 15 calling the stock a "hold" or worse, while the remaining five said "buy." The options pits echoed that pessimism, per RTX's Schaeffer's put/call open interest ratio (SOIR) that sat in the 87th percentile of annual readings. It all hanged after the company surpassed fiscal first ...
RTX's Pratt & Whitney receives Transport Canada type certification for PW545D engine
Prnewswire· 2024-05-13 14:00
Engine selected to power Textron Aviation's business jet delivers improved specific fuel consumption, greater thrust and extended time between overhaulsLONGUEUIL, Quebec, May 13, 2024 /PRNewswire/ -- Pratt & Whitney Canada's PW545D engine is one step closer to entry into service with type certification granted May 9 by Transport Canada Civil Aviation. In May 2023, Textron Aviation announced its new Cessna Citation Ascend business jet would be powered by twin PW545D engines. Pratt & Whitney is an RTX (NYSE: ...