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RTX's Pratt & Whitney Canada Signs APS5000 Maintenance Agreement with Scoot
Prnewswire· 2026-02-03 21:00
Core Insights - Pratt & Whitney Canada has signed a 15-year maintenance agreement with Scoot for 24 APS5000 auxiliary power units on its Boeing 787 Dreamliner fleet, enhancing their long-standing relationship [1][2] - The APS5000 APU is noted for its advanced design, which offers improved fuel efficiency, reduced emissions, and enhanced maintainability, setting a new benchmark in auxiliary power technology [2] - The APS5000 is recognized as the quietest APU in its class, producing 450kVA of electrical power and operating effectively at high altitudes, with over 1,400 units manufactured and nearly 16 million flight hours logged [3] Company Overview - Pratt & Whitney, a business unit of RTX, is a leader in the design, manufacture, and service of aircraft engines and auxiliary power units for various aviation sectors, supporting over 90,000 in-service engines globally [4] - RTX, with over 180,000 employees, focuses on advancing aviation and integrated defense systems, reporting sales exceeding $88 billion in 2025 [5]
RTX's Collins Aerospace activates advanced connectivity services for Thai Airways fleet of A321neos
Prnewswire· 2026-02-03 21:00
Collins' GlobalConnect platform boosts fleet efficiency, safety and reliability with enhanced data management SINGAPORE, Feb 3, 2026 /PRNewswire/ -- Thai Airways has selected Collins Aerospace, an RTX (NYSE: RTX) business, to deploy its flight operations and maintenance exchanger (FOMAX) system to its growing fleet of A321neo aircraft. A part of Collins' GlobalConnect managed services program, FOMAX delivers real-time data to pilots, maintenance departments and back offices, improving situational awareness ...
RTX Secures a $1.03B Contract to Supply LTAMDS System to U.S. Army
ZACKS· 2026-02-03 17:50
Key Takeaways RTX won a $1.03B Army contract to supply LTAMDS radar systems, with work running through March 31, 2030.The LTAMDS deal enhances long-term revenue visibility and RTX's role as a key U.S. Army sensor supplier.RTX's LTAMDS radar counters advanced threats with three antenna arrays for 360-degree coverage.RTX Corporation’s (RTX) business segment, Raytheon, recently secured an order worth $1.03 billion to supply its Lower Tier Air and Missile Defense Sensor (“LTAMDS”) system.The contract is expecte ...
RTX's Collins Aerospace and All Nippon Airways renew FlightSense™ and MRO contracts
Prnewswire· 2026-02-03 07:00
About Collins Aerospace Agreements provide services for engine accessories and power and controls components SINGAPORE, Feb. 3, 2026 /PRNewswire/ -- Collins Aerospace, an RTX business (NYSE: RTX), and All Nippon Airways (ANA) have signed two separate FlightSenseâ"¢ renewal agreements today in a signing ceremony at the Singapore Air Show. The first FlightSense contract is a five-year renewal for on-site support for the airline's Boeing fleet of 737NG/MAX, 767, 777, 787 aircraft as well as its De Havilland Ca ...
RTX's Collins Aerospace extends FlightSense™ contract with Singapore Airlines for Boeing 777F fleet
Prnewswire· 2026-02-03 06:00
Group 1 - Collins Aerospace has signed an agreement to extend the FlightSense services with Singapore Airlines for an additional five years, covering a total of 27 aircraft, including five Boeing 777F aircraft [1][2] - The FlightSense service relationship with Singapore Airlines began in 2008, highlighting Collins' capability to provide reliable and cost-effective maintenance support for the airline's Boeing 777 operations [2][3] - The FlightSense program is designed to enhance operational efficiency and performance by integrating advanced prognostics and health management software through Collins' Ascentia platform [3] Group 2 - Collins Aerospace is a leader in integrated and intelligent solutions for the global aerospace and defense industry, employing 80,000 people dedicated to advancing sustainable aviation and passenger safety [4] - RTX, the parent company of Collins Aerospace, has over 180,000 global employees and reported sales exceeding $88 billion in 2025, focusing on redefining technology and science in aviation and defense [5]
RTX to invest $139 million in Singapore, signing multiple MOUs with Economic Development Board
Prnewswire· 2026-02-03 05:00
Core Insights - RTX has signed multiple memoranda of understanding with the Singapore Economic Development Board to enhance its commitment to Singapore's aerospace ecosystem, building on a previous agreement from July 2025 [1][3] - The total investment from RTX will exceed $139 million, aimed at expanding capabilities in Singapore to support next-generation commercial aircraft platforms and meet regional demand [2] Group 1: Company Commitments - RTX is the largest foreign aerospace and defense employer in Singapore, with over 4,300 employees across 12 facilities, reflecting a 50-year presence in the country [3] - The new agreements will create high-value jobs and align with Singapore's ambition to maintain its status as a global aerospace leader [3] Group 2: Collins Aerospace Developments - Collins Aerospace will introduce new maintenance, repair, and overhaul (MRO) capabilities in Singapore to address rising regional demand, including systems for electrical power and airframe control [4] - The expansion will include support for Boeing 777X Integrated Drive Generators and new flight-critical products for the 787 fleet, with full operational capabilities expected by 2030 [5] Group 3: Pratt & Whitney Enhancements - Pratt & Whitney will enhance its GTF MRO capabilities at its Seletar facility, introducing a new maintenance line for the Fan Drive Gear System that utilizes advanced automation and AI technologies [6] - The company will also expand its coating capabilities at the Tuas facility by 25% to improve the durability of GTF hot section parts, establishing OEM-standard engineering expertise [7]
RTX's Raytheon completes successful ballistic test for U.S. Army's Next Generation Short Range Interceptor
Prnewswire· 2026-02-02 14:00
Raytheon's NGSRI design leverages more than 60 years of air defense experience to provide the world's most advanced shoulder-launched air defense missile for the U.S. Army and Marine Corps. The company's use of modular system design and automated manufacturing has enabled faster development and production. About Raytheon Raytheon advances NGSRI with company-funded testing TUCSON, Ariz., Feb. 2, 2026 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has successfully completed a ballistic test for the U. ...
Moog Inc. (NYSE:MOG-B) Showcases Strong Financial Performance in Aerospace - Defense Equipment Sector
Financial Modeling Prep· 2026-01-30 22:00
Core Viewpoint - Moog Inc. demonstrates strong financial performance and growth potential in the Aerospace - Defense Equipment industry, outperforming earnings and revenue estimates consistently [1][2][3]. Financial Performance - Moog reported earnings per share (EPS) of $2.63 for the quarter ending January 30, 2026, exceeding the estimated $2.21 and the Zacks Consensus Estimate of $2.24, resulting in a 17.54% earnings surprise [2]. - The company's revenue for the quarter reached approximately $1.1 billion, surpassing the estimated $987.3 million, marking an 11.13% increase over the consensus estimate and a rise from $910.32 million in the same period last year [3]. Valuation Metrics - Moog's price-to-earnings (P/E) ratio is approximately 40.10, indicating strong investor confidence in its earnings potential [4]. - The price-to-sales ratio stands at about 2.42, and the enterprise value to sales ratio is roughly 2.44, reflecting the company's valuation relative to its sales [4]. - The company maintains a low debt-to-equity ratio of 0.08, suggesting conservative use of debt, while a current ratio of approximately 2.12 indicates strong liquidity [4]. Future Outlook - Moog has announced record sales and EPS for the first quarter of 2026 and has raised its full-year guidance, reflecting robust financial health and an optimistic outlook for future growth [5]. - The company has an earnings yield of about 2.49% and a strong liquidity position, positioning it well for continued success in the Aerospace - Defense Equipment industry [5].
RTX Corporation (NYSE:RTX) Sees New Price Target and Secures Significant Contract
Financial Modeling Prep· 2026-01-29 03:02
Core Insights - RTX Corporation is a significant entity in the aerospace and defense sector, competing with major firms like Lockheed Martin and Northrop Grumman [1] - Jefferies analyst has set a new price target for RTX at $225, indicating a potential increase of 12.8% from the current price of $199.46 [1][6] Company Developments - Raytheon, a division of RTX, has secured a multi-year contract with TTM Technologies valued at up to $200 million for components related to the Lower Tier Air and Missile Defense Sensor (LTAMDS) [2][5] - This partnership is essential for maintaining program schedules and customer milestones, as stated by Raytheon's Vice President [2] Stock Performance - The current stock price of RTX is $199.46, reflecting a slight decrease of 0.90% or $1.82, with a trading range today between $198.55 and $205.36 [3][6] - Over the past year, RTX's stock has shown significant volatility, with a high of $205.36 and a low of $112.27 [3][6] Market Position - RTX's market capitalization stands at approximately $267.43 billion, indicating its substantial presence in the aerospace and defense industry [4] - Today's trading volume for RTX is 6,479,702 shares, reflecting active investor interest [4]
RTX Corporation (NYSE: RTX) Maintains Strong Position in Aerospace and Defense
Financial Modeling Prep· 2026-01-29 02:11
Core Insights - RTX Corporation is a key player in the aerospace and defense industry, operating through divisions such as Pratt & Whitney, Collins Aerospace, and Raytheon, and competes with major companies like Lockheed Martin and Boeing [1] Financial Performance - RTX reported fourth-quarter 2025 sales of $24.23 billion, marking a 12% increase from the previous year, with adjusted EPS rising by 1% to $1.55, exceeding analyst expectations of $1.47 [4] - For 2026, RTX has guided adjusted sales between $92 billion and $93 billion, with an organic sales growth forecast of 5% to 6%, and adjusted EPS expected to range from $6.60 to $6.80, aligning with consensus estimates [5] Strategic Developments - Jefferies maintained a "Hold" rating for RTX, raising the price target from $210 to $225, reflecting confidence in the company's future performance supported by recent financial achievements [2][6] - Raytheon, a division of RTX, secured a contract with TTM Technologies valued at up to $200 million over three years for components related to the Lower Tier Air and Missile Defense Sensor (LTAMDS), emphasizing RTX's commitment to advancing defense technologies [3][6]