Next Level Aviation® to continue to support Pratt & Whitney CSA through consignment of used serviceable engine accessories for an additional three years
DANIA BEACH, Fla., Oct. 29, 2024 /CNW/ -- Next Level Aviation® (NLA), a leader in the global distribution of used serviceable materials (USM), has extended an agreement with Pratt & Whitney Commercial Serviceable Assets (CSA), regarding the sale of used serviceable material (USM) for aircraft engines for an additional three years. This further enhances Next Level Aviation's leadership position as a global distributor of USM, primarily supporting Boeing and Airbus aircraft platforms and associated jet engines. Pratt & Whitney is an RTX (NYSE: RTX) business.
Next Level Aviation® unterstützt Pratt & Whitney CSA für weitere drei Jahre durch die Lieferung von gebrauchten, funktionsfähigen Triebwerkszubehör
DANIA BEACH, Fla., 29. Oktober 2024 /PRNewswire/ -- Next Level Aviation® (NLA), ein führendes Unternehmen im weltweiten Vertrieb von gebrauchtem, funktionsfähigem Material (Used Serviceable Materials; USM), hat eine Vereinbarung mit Pratt & Whitney Commercial Serviceable Assets (CSA) über den Verkauf von gebrauchtem, funktionsfähigem Material (Used Serviceable Materials; USM) für Flugzeugtriebwerke um weitere drei Jahre verlängert. Damit baut Next Level Aviation seine Führungsposition als weltweiter Vertreiber von USM weiter aus, der vor allem Flugzeugplattformen von Boeing und Airbus sowie die dazugehörigen Triebwerke unterstützt. Pratt & Whitney ist ein Unternehmen von RTX (NYSE: RTX).
Next Level Aviation® to continue to support Pratt & Whitney CSA through consignment of used serviceable engine accessories for an additional three years
DANIA BEACH, Fla., Oct. 29, 2024 /PRNewswire/ -- Next Level Aviation® (NLA), a leader in the global distribution of used serviceable materials (USM), has extended an agreement with Pratt & Whitney Commercial Serviceable Assets (CSA), regarding the sale of used serviceable material (USM) for aircraft engines for an additional three years. This further enhances Next Level Aviation's leadership position as a global distributor of USM, primarily supporting Boeing and Airbus aircraft platforms and associated jet engines. Pratt & Whitney is an RTX (NYSE: RTX) business.
Next Level Aviation® to continue to support Pratt & Whitney CSA through consignment of used serviceable engine accessories for an additional three years
DANIA BEACH, Fla., Oct. 29, 2024 /PRNewswire/ -- Next Level Aviation® (NLA), a leader in the global distribution of used serviceable materials (USM), has extended an agreement with Pratt & Whitney Commercial Serviceable Assets (CSA), regarding the sale of used serviceable material (USM) for aircraft engines for an additional three years. This further enhances Next Level Aviation's leadership position as a global distributor of USM, primarily supporting Boeing and Airbus aircraft platforms and associated jet engines. Pratt & Whitney is an RTX (NYSE: RTX) business.
Air Force and Navy successfully test radar against stressing targets
NAVAL BASE VENTURA COUNTY POINT MUGU, Calif., Oct. 29, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, in partnership with the Office of the Secretary of Defense (OSD), the U.S. Air Force Research Laboratory Strategic Development Planning and Experimentation office, and the U.S. Navy, demonstrated the multi-mission GhostEye® MR advanced medium-range sensor during a joint test event called Gray Flag 2024. GhostEye MR tracked targets over water, showcasing the sensor's readiness to deter current and future threats.
New systems were produced at Collins' facility in Nördlingen, Germany
NÖRDLINGEN, Germany, Oct. 28, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, has completed prototype development of a solid-state power controller and power distribution panel as part of the SWITCH project, supported by the European Union's Clean Aviation Joint Undertaking (Clean Aviation). Following design and production in Nördlingen, the megawatt-class power distribution components will now be shipped to Collins' state-of-the-art electric power systems lab, The Grid, in Rockford, Illinois for system integration testing.
Doubled production floor space and new machinery improves capacity and customization opportunities
LAS VEGAS, Oct. 23, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business is expanding its executive aircraft seating facility in Medley, Florida. The $2 million investment doubles the facility's upholstery production floor space to 30,000 square feet and adds state-of-the-art machining equipment that improves production efficiencies, enhances capabilities and reduces material waste.
The TOW weapon system will be in service with the U.S. and allied forces beyond 2050
TUCSON, Ariz., Oct. 23, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, was awarded $676 million to continue manufacturing the tube-launched, optically-tracked, wireless-guided TOW® weapon system for the U.S. Army. The two separate awards comprise an annual production contract for $430 million in fiscal year 2023 and an additional $246 million award in 2024.
"Our TOW production line is active, and we can manufacture up to 10,000 missiles annually," said Tom Laliberty, president of Land and Air Defense Systems at Raytheon. "This combat-proven effector is ready to meet current and future anti-tank guided missile requirements for the US Army, Marines Corps, and land forces across the globe."
Agreement marks significant expansion of Collins' 787 MRO services in Europe
BARCELONA, Spain, Oct. 23, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, today announced it has signed a 10-year contract with Air Europa to provide comprehensive maintenance, repair and overhaul (MRO) services for the airline's fleet of 787 aircraft. Through its FlightSense® and DispatchSM combined asset and MRO programs, Collins will supply Air Europa with onsite support for a number of 787 systems, including electric power, environmental control, avionics, lighting and cargo. In addition, Collins will provide predictive health maintenance through its Ascentia® software platform and expand its pool of 787 spares in Europe.
RTX delivers strong operational performance;Increases 2024 outlook for adjusted sales* and adjusted EPS*
ARLINGTON, Va., Oct. 22, 2024 /PRNewswire/ -- RTX (NYSE: RTX) reported third quarter 2024 results.
Third quarter 2024
Reported sales of $20.1 billionAdjusted sales* of $20.1 billion, up 6 percent versus prior year, and up 8 percent organically* excluding the divestiture of the Cybersecurity, Intelligence and Services businessGAAP EPS was $1.09 and included $0.31 of acquisition accounting adjustments and $0.05 of restructuring and other net significant and/or non-recurring chargesAdjusted EPS* of $1.45, up 16 percent versus prior yearOperating cash flow of $2.5 billion; Free cash flow* of $2.0 billionCompany backlog of $221 billion; including $131 billion of commercial and $90 billion of defenseReturned $1.1 billion of capital to shareowners, returning over $32 billion since the mergerRealized $90 million of incremental RTX gross cost synergies, achieving the $2 billion post-merger targetA new user interface and 4K smart monitors improve system performance, simplify operations and enhance inflight entertainment
LAS VEGAS, Oct. 21, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, announced the first deliveries of its new Venue™ cabin management system (CMS). The upgraded Venue is equipped with Collins' all new smart monitors and upgraded graphical user interface (GUI), enhancing entertainment, usability and simplicity for operators and passengers, alike.
With more than 1,700 installations on over 50 aircraft models, Venue is not only the most fielded system of its kind but continues its technological evolution with 4K-enabled resolutions, comprehensive cabin controls and a redesigned user interface, providing a simplified, consistent user experience across its advanced touchscreens, seat controls and mobile application.
This marks the first Missile Defense Agency cooperative development program with Japan to reach this milestone
TUCSON, Ariz., Oct. 15, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has entered full-rate production for Standard Missile-3 Block IIA, validating the program's design maturity amid increased demand for the product from the United States and allied partners.
The SM-3 Block IIA production milestone cleared the way for a $1.9 billion award from the U.S. Missile Defense Agency in July 2024 to produce rounds for both the U.S. government and Japan Ministry of Defense.
Collaborative mission autonomy tested in operational settings during U.S. Army exercise
YUMA PROVING GROUND, Ariz., Oct. 15, 2024 /PRNewswire/ -- RTX (NYSE: RTX) businesses, Collins Aerospace and Raytheon, collectively showcased new capabilities at the U.S. Army's Experimental Demonstration Gateway Event (EDGE). These capabilities enabled launched effects to team and execute a mission, merging collaborative vehicle autonomy with human on-the-loop command. Launched effects is a capability term that describes small, uncrewed aircraft that can be launched from the ground, air platforms, or other vehicles.
U.S. Army tests prove LIDS effectiveness against enemy drones
YUMA PROVING GROUND, Ariz., Oct. 14, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business demonstrated the capabilities of the Ku-band Radio Frequency Sensor, known as KuRFS, the Coyote™ Block 2 kinetic effector, and the Block 3 non-kinetic effector during the U.S. Army's annual summer test period. Testing requirements against high-speed, maneuvering targets, the systems tested their essential detect and defeat capabilities as part of the Low, slow, small-unmanned aircraft Integrated Defense System, or LIDS, the Army's go-to counter-drone solution.
Missile is proven across air-to-air and ground-launch domains
TUCSON, Ariz., Oct. 10, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, was awarded a $736 million contract from the U.S. Navy to produce AIM-9X® SIDEWINDER® missiles.
This contract is for the improved Block II variant, which addresses hardware obsolescence through upgrades to ensure superior performance and long-term reliability.
"AIM-9X remains the weapon of choice for short-range air-to-air and surface-to-air missile defense, and worldwide customer demand is strong," said Barbara Borgonovi, president of Naval Power at Raytheon. "We're investing, innovating, and partnering with our U.S. Navy customer to significantly increase our AIM-9X production capacity starting with orders next year."
ARLINGTON, Va., Oct. 9, 2024 /PRNewswire/ -- RTX (NYSE: RTX) announced today that its Board of Directors declared a dividend of 63 cents per outstanding share of RTX common stock. The dividend will be payable on Dec. 12, 2024 to shareowners of record at the close of business on Nov. 15, 2024.
RTX has paid cash dividends on its common stock every year since 1936.
About RTXWith more than 185,000 global employees, RTX pushes the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – we are advancing aviation, engineering integrated defense systems, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2023 sales of $69 billion, is headquartered in Arlington, Virginia.
Milestone moves program one step closer to operational testing
PORTSMOUTH, R.I., Oct. 7, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, recently conducted a series of controlled environmental tests for the Barracuda Mine Neutralization System at the Naval Surface Warfare Center Carderock Division.
Using a production representative test unit, Barracuda operated and collected data in environments of various sea states and water currents, demonstrating the ability to hydrodynamically control itself in conditions simulating the ocean.
New class of materials offer improved conductivity and thermal management properties
ANDOVER, Mass., Oct. 2, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has been awarded a three-year, two-phase contract from DARPA to develop foundational ultra-wide bandgap semiconductors, or UWBGS, based on diamond and aluminum nitride technology that revolutionize semiconductor electronics with increased power delivery and thermal management in sensors and other electronic applications.
During phase one of the contract, the Raytheon Advanced Technology team will develop diamond and aluminum nitride semiconductor films and their integration onto electronic devices. Phase two will focus on optimizing and maturing the diamond and aluminum nitride technology onto larger diameter wafers for sensor applications.
$255 million investment will support global sustainment for F135, F117, TF33, F100 and F119 engines
OKLAHOMA CITY, Oct. 1, 2024 /PRNewswire/ -- Pratt & Whitney, an RTX business (NYSE: RTX), celebrated the opening of its new 845,000-square-foot facility in Oklahoma City, Oklahoma, solidifying its position as the business's largest military engines field location. The $255 million investment will enable Pratt & Whitney to meet the growing demands of both U.S. and global defense customers for the F135, F117, TF33, F100 and F119 engines.
Capability upgrade will counter new adversary threats
MCKINNEY, Texas, Oct. 1, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has been awarded a $192 million contract from the U.S. Navy to develop the Next Generation Jammer Mid-Band Expansion (NGJ-MBX), an upgrade to the current Next Generation Jammer Mid-Band (NGJ-MB) system.
This modification will extend the frequency range of the NGJ-MB system to counter additional threats. MBX provides additional capabilities to improve operational effectiveness.
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