Raytheon Technologies(RTX)

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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
Core Insights - Collins Aerospace is advancing predictive health monitoring solutions for airlines as part of the Digital Alliance for Aviation, an initiative led by Airbus powered by the Skywise platform [1][2] - The Digital Alliance aims to enhance aviation through collaboration, data transparency, and digital transformation, leveraging Collins' expertise in predictive maintenance analytics [2][3] - By joining the Digital Alliance, Collins expands its digital ecosystem and aims to deliver digital solutions that improve operational efficiency and resilience for airlines [3][4] Company Overview - Collins Aerospace is a leader in integrated and intelligent solutions for the aerospace and defense industry, employing 80,000 people dedicated to advancing sustainable and connected aviation [5] - RTX, the parent company of Collins Aerospace, is the world's largest aerospace and defense company with over 185,000 employees and 2024 sales exceeding $80 billion [6]
RTX Corporation: Tune Out The Noise And Buy The Dip (Rating Upgrade)
Seeking Alpha· 2025-04-08 11:00
Group 1 - iREIT+HOYA Capital focuses on income-producing asset classes that provide sustainable portfolio income, diversification, and inflation hedging [1] - The service offers a Free Two-Week Trial for potential investors to explore exclusive income-focused portfolios [1] Group 2 - Retail investors are actively buying the dip in their preferred stocks during market downturns, indicating a strategy to capitalize on lower prices [2] - The focus is on defensive stocks with a medium- to long-term investment horizon [2]
RTX's Collins Aerospace unveils enhanced self-service solutions at Passenger Terminal Expo
Prnewswire· 2025-04-08 10:30
Core Insights - Collins Aerospace has introduced enhancements to its SelfServ™ platform, which is an integrated Common Use Self Service (CUSS) solution aimed at improving passenger travel experiences and airport operations [1][4] - The SelfServ platform integrates check-in and bag drop functionalities, allowing passengers to manage their journey through user-friendly kiosks, and is complemented by the SelfPass™ biometric identity solution for secure processing [2][4] - The common use nature of SelfServ allows airlines to share infrastructure, reducing costs and improving space utilization, while optimizing staffing efficiency [3][4] Company Overview - Collins Aerospace is a leader in advanced solutions for the aerospace and defense industry, with a comprehensive portfolio and expertise to address customer challenges in a rapidly evolving market [6] - RTX, the parent company of Collins Aerospace, is the largest aerospace and defense company globally, with over 185,000 employees and 2024 sales exceeding $80 billion [7]
RTX's Pratt & Whitney inks agreement for Delta Tech Ops to increase GTF MRO capacity by 30%
Prnewswire· 2025-04-08 10:00
Core Insights - Pratt & Whitney and Delta Air Lines have announced an agreement to expand GTF overhaul capacity at Delta TechOps' Atlanta facility, increasing annual capacity by over 30% to allow for up to 450 engine overhauls per year [1][2] - The expansion is part of a strategic initiative to enhance maintenance, repair, and overhaul (MRO) capabilities, aligning with both companies' 100-year anniversaries in 2025 [2][3] - Delta TechOps has been part of the GTF MRO network since 2019, providing maintenance for PW1100G-JM and PW1500G engines, and has recently expanded its dedicated GTF engine MRO facility [2][4] Company and Industry Developments - The Pratt & Whitney GTF MRO network includes 20 shops across four continents, offering a range of aftermarket services under the EngineWise® solutions [4] - Pratt & Whitney currently powers over 320 aircraft in Delta's fleet, with more than 140 being A220s or A321neos, indicating a significant reliance on GTF engines [3] - The expansion of GTF capacity at Delta TechOps is expected to enhance technical expertise and service reliability for both companies and their customers [3]
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]
RTX's Pratt & Whitney and MTU Aero Engines strengthen GTF MRO network collaboration
Prnewswire· 2025-04-08 10:00
MTU's annual capacity to increase to 600 shop visitsEAST HARTFORD, Conn., April 8, 2025 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, and MTU Aero Engines ("MTU") today announced an agreement to expand GTF overhaul capacity across all of MTU's facilities in support of growing demand for GTF MRO services. Under the agreement, MTU's annual capacity will increase up to 600 shop visits across all GTF models, making it one of the largest service providers in the Pratt & Whitney GTF™ MRO network." ...
RTX's Collins Aerospace demonstrates innovative seating modification and upgrade concept
Prnewswire· 2025-04-08 10:00
Core Insights - Collins Aerospace is showcasing innovative aftermarket seating concepts aimed at modernizing airline cabins and maximizing customer investment [1][2] - The company offers three distinct upgrade pathways for existing Pinnacle seats, focusing on speed to market, extending product service life, and enhancing operator investment [2][3] Group 1: Upgrade Pathways - The three upgrade options include: - **Pinnacle to Pinnacle Aspire**: Replacement of arm caps, endbay covers, seat cushions, and seat covers, with options for modern amenities like 10-inch and 11.5-inch inflight entertainment screens [6] - **Pinnacle to Pinnacle Aspire+**: Replacement of arm rests, endbays, and seat backs, with additional premium amenity upgrades such as enhanced IFE screens and USB charging capabilities [6] - **Pinnacle to Pinnacle MiQ**: Transformation of a triple seat frame to accommodate two passengers in a premium economy configuration [6] Group 2: Company Background - Collins Aerospace is part of RTX, a leading aerospace and defense company with over 185,000 employees and 2024 sales exceeding $80 billion [5] - The company focuses on delivering future-oriented technologies for sustainable aviation, passenger safety, and comfort [4]
RTX's Collins Aerospace unveils enhancements to its Prime wheelchair seating solution
Prnewswire· 2025-04-08 05:30
Core Insights - Collins Aerospace is showcasing enhancements to its Prime wheelchair seating solution at the Aircraft Interiors Expo (AIX) in Hamburg, Germany, focusing on design, functionality, and passenger experience [1] Group 1: Product Enhancements - The improved Prime solution incorporates direct feedback from passengers with reduced mobility, airlines, and technical advisors, featuring a custom transformable monument that provides modern passenger amenities or a flexible crew service station [2] - The monument includes amenities such as a height-adjustable tray table with an integrated tablet holder, power outlets, and a passenger service unit with a reading light, attendant call button, and public address speaker [3] - The design ensures simplified boarding and deplaning for electric wheelchair users, ease of use for cabin crews, and no loss of seat count for airlines [5] Group 2: User Experience and Safety - The user experience of the Prime solution is designed to be on par with other passengers, with considerations for emergency egress standards and the ability for a caregiver to occupy the seat next to the Prime user [4] - The Prime solution allows electric wheelchair users to remain seated in their wheelchairs during the flight, utilizing a "roll on, lock down" tie-down system for safety and convenience [6] Group 3: Company Background - 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 and connected aviation [7] - RTX, the parent company of Collins Aerospace, is the world's largest aerospace and defense company with over 185,000 employees and 2024 sales exceeding $80 billion [8]