RTX Corporation’s (RTX) business segment, Collins Aerospace, recently won its fourth order, worth $95 million, for the Mounted Assured Positioning, Navigation (PNT) and Timing Generation II systems (MAPS Gen II).To increase resilience during multi-domain operations, the U.S. Army and Marine Corps will deploy jam-and-spoof-resistant navigation solution hardware on combat ground vehicles.What’s Lies Ahead for RTX? Rising geopolitical tensions, with threats continuing to evolve and advance, have led to a deman ...

RTX Corp. (RTX) recently clinched a contract involving the Aegis missile guidance weapon system. The award has been offered by the Naval Supply Systems Command Weapon Systems Support, Philadelphia, PA. Details of the RTX DealValued at $185.8 million, the contract is projected to be completed by December 2026. Per the terms of the deal, RTX will repair, upgrade, or replace 160 parts of the MK99 fire control system and the SPY-1D(V) transmitter, two subsystems of the Aegis Weapon System.A major portion of the ...

Navigation hardware to protect platforms against threatsCEDAR RAPIDS, Iowa, Dec. 2, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, received its fourth order for the Mounted Assured Positioning, Navigation (PNT) and Timing Generation II systems (MAPS Gen II), valued at $95 million. The jam-and-spoof-resistant navigation solution hardware will be delivered to the U.S. Army and the U.S. Marine Corps for installation on combat ground vehicles to provide resiliency during multi-domain opera ...

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.In October, I covered RTX Corporation (NYSE: RTX ) and maintained my buy rating despite the fact that the stock seemed rather expensive. With the end of the year nearing, I want to assess whether RTX Corporation stock is stillDhierin runs the inves ...

RTX Corporation’s (RTX) business segment, Raytheon, recently won a $590.8 million contract to manufacture Next Generation Jammer Mid-Band (NGJ-MB) ship sets. The award has been provided by the Naval Air Systems Command, Patuxent River, MD.Details of the Deal Secured by RTX Per the terms of the deal, RTX will develop 13 NGJ-MB ship sets, nine of which will be supplied to the U.S. Navy and the remaining four to the Royal Australian Air Force. The order includes the delivery of associated spares and support eq ...

Nørresundby, Denmark, 28 November 2024Announcement no. 46/2024 As part of the generational change in the Board of Directors announced prior to the last annual general meeting in January 2024, Chair Peter Thostrup will not seek re-election to the Board at RTX’s annual general meeting on 31 January 2025. Peter Thostrup has served on the board since 2009 and due to the length of his term, he is not considered independent. “It has been a privilege to work with the visionary and dedicated RTX team who has worke ...

RTX Corporation (RTX) recently secured a $439.1 million modification contract involving the Evolved Seasparrow Missile (ESSM). Per the terms of the deal, RTX will supply missile assemblies for ESSM Block 2 guided missiles.Details of RTX’s DealThe work related to this contract will be executed in multiple locations globally, including the United States, Australia, Canada, Norway, the Netherlands and a few other nations. This contract is projected to be completed by June 2029.The award has been provided by th ...

Core Insights - Pratt & Whitney has signed a letter of intent with Wojskowe Zaklady Lotnicze Nr. 2 S.A. (WZL2) to enhance maintenance, repair, and overhaul capabilities for the Polish Air Force [1] - The initiative aims to increase F100 engine sustainment work in Poland, ensuring the Polish Air Force has the necessary propulsion power [2] - The collaboration builds on a long-standing relationship, with WZL2's competencies expanding beyond F100 engine module repairs, potentially supporting future projects like the F-15EX [3] Company Overview - Pratt & Whitney is a leader in aircraft engine design, manufacturing, and service [4] - RTX, the parent company of Pratt & Whitney, employs over 185,000 people globally and reported sales of $69 billion in 2023 [5]

RTX Corp. (RTX) recently clinched a modification contract for its Dual Band Radar (“DBR”) systems. The award has been provided by the Naval Sea Systems Command, Washington, D.C.The contract, valued at $93.9 million, is expected to be completed by September 2026. Per the terms of the deal, RTX will provide technical engineering follow-on requirements and spares to support the DBR systems installed aboard CVN78 and DDG1000 class ships. A major portion of the work related to this deal will be carried out in Te ...

RTX Corporation’s (RTX) unit, Collins Aerospace, recently secured a contract worth $19 million to configure a fleet of new H-47 Chinooks for the U.K. Royal Air Force with its Common Avionics Architecture System ("CAAS") avionics management suite. Work associated with this contract will be executed in Cedar Rapids, IA, and Huntsville, AL.These cockpit upgrades will make the U.K. Chinooks interoperable with the U.S. Chinooks as both will be using the same avionics system, advanced digital cockpit displays and ...