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RTX delivers strong operational and financial performance in Q1
ARLINGTON, Va., April 22, 2025 /PRNewswire/ -- RTX (NYSE: RTX) reports first quarter 2025 results.
First quarter 2025
Sales of $20.3 billion, up 5 percent versus prior year, and up 8 percent organically* excluding divestituresGAAP EPS of $1.14, including $0.27 of acquisition accounting adjustments and $0.06 of restructuring and other net significant and/or non-recurring itemsAdjusted EPS* of $1.47, up 10 percent versus prior yearOperating cash flow of $1.3 billion; free cash flow* of $0.8 billionCompany backlog of $217 billion, including $125 billion of commercial and $92 billion of defenseReturned $0.9 billion of capital to shareownersIntegration of military and commercial sensor data delivered real-time, secure situational awareness, enabling faster decision-making and improved operational effectiveness
CAMP PENDLETON, Calif., April 21, 2025 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, successfully demonstrated new technology that helps the military gather and use information from a wider range of sources at Project Convergence Capstone 5, a large-scale military exercise. By integrating data from multiple sources into one place, Collins delivered real-time situational awareness to Marines during the exercise. Collins has been working with the Marine Corps Warfighting Lab (MCWL) on a multi-year plan to develop and test these advanced capabilities in exercises with active military units.
LTAMDS transitions from prototype to production
ANDOVER, Mass., April 21, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, is transitioning to production of its Lower Tier Air and Missile Defense Sensor, or LTAMDS, after completing the U.S. Army's rigorous flight test program and achieving the Department of Defense's Major Capability Acquisition Milestone C designation.
LTAMDS has completed eight successful flight tests of increasing complexity to stress the radar and prove its capabilities against real-world threats. This led the Army to validate that the radar has reached Milestone C, initiating the production and deployment phase of the program. LTAMDS is now officially designated a program of record by the U.S. Army and ready to support both its U.S. homeland defense and expeditionary missions.
New solution provides critical, actionable data to enable proactive management of Republic's fleet of Embraer E-Jets
ATLANTA, April 9, 2025 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, announced Republic Airways as the first airline to implement Ascentia® Repeaters, the latest application as part of the Ascentia predictive health maintenance (PHM) platform with nearly 1,300 tails utilizing the solution today. Signed during a ceremony at MRO Americas, the five-year agreement deploys the Repeaters application across Republic's fleet of more than 200 Embraer E-Jet 170 and 175 aircraft.
Milestone is a testament to the engine's reliability and performance
EAST HARTFORD, Conn., April 9, 2025 /PRNewswire/ -- IAE International Aero Engines AG (IAE) today announced that the V2500® engine has surpassed 300 million engine flight hours of operational experience. IAE is a multinational consortium comprised of Pratt & Whitney, an RTX (NYSE: RTX) business, Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation and MTU Aero Engines AG.
Powering approximately 2,800 aircraft and serving more than 150 operators, the V2500 engine operates passenger, cargo, and military missions around the world. The engine currently powers the Airbus A320ceo family, including A321F passenger-to-cargo conversions, as well as the Embraer C-390 Millennium multi-mission military transport aircraft.
Collins has now won 15 Crystal Cabin Awards in the program's 19-year history
HAMBURG, Germany, April 9, 2025 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, has been named a winner of a 2025 Crystal Cabin Award for its galley.ai system. The Crystal Cabin Award is presented annually in Hamburg, Germany during the Aircraft Interiors Expo, the world's biggest trade show for the aircraft cabin.
Placing first in the Cabin Technologies category, Collins' Galley.ai system integrates advanced artificial intelligence and sensor technology into galley structures, providing insights to help improve everything from onboard service, communication with passengers and maintenance.
Common-use ARINC cMUSE™ solution delivers flexibility, scalability and efficiency to more than 80 airlines at London Heathrow
MADRID, April 9, 2025 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, announced a six-year renewal agreement with Heathrow Airline Operators' Committee (AOC) to continue offering its ARINC cMUSE (multi-user system environment) solution to all four London-Heathrow Airport (LHR) passenger terminals – ensuring streamlined airport operations, flexible passenger processing and quicker passenger check-ins for an improved travel experience.
Collins' range of data analytics expertise and componentry provides critical insight to systems spanning the entire aircraft
ATLANTA, 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 from Collins' proven track record of deploying predictive maintenance analytics for Airbus and non-Airbus platforms and systems to optimize operations. Collins is able to gather data from a number of aircraft systems, including hydraulics, air management, pneumatic, anti-ice, electric power, landing and navigation solutions owned by Collins.
Integrated, end-to-end airport solution enables a seamless travel experience
MADRID, 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 the SelfPass™ biometric identity solution, passengers can enroll their biometrics at the kiosk to enable secure and seamless processing at each touchpoint, from check-in and bag drop to security and boarding.
Imaginative approach refreshes cabins, reduces waste and maximizes customer investment
HAMBURG, Germany, April 8, 2025 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, is demonstrating innovative aftermarket seating concepts that provide modern, upgraded solutions for airline customers flying Collins' Pinnacle main cabin seats.
The concept provides three distinct pathways to transform existing in-service seats into like-new solutions for aging cabin interiors, expediting speed to market, extending product service life and maximizing operator investment.