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US75513E1010
State: 17.08.2024 | 11PM
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RTX

Raytheon Technologies Corporation
GICS: - · Sector: Industrials · Sub-Sector: Aerospace & Defense
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Raytheon Technologies Corporation
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US75513E1010
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RTX US
Thu, 21.11.2024       Raytheon Technologies

Expanded capabilities will support increased Polish Air Force needs

RZESZÓW, Poland, Nov. 21, 2024 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, signed a letter of intent with Wojskowe Zaklady Lotnicze Nr. 2 S.A., also known as WZL2, to explore expanded maintenance repair and overhaul capabilities for increased Polish Air Force needs.

"We are identifying ways to increase F100 engine sustainment work in Poland to ensure our Polish ally has the propulsion power they need," said Piotr Owsicki, general director of Pratt & Whitney Rzeszów. "We plan to use existing knowledge and experience, as well as infrastructure testing facilities, to provide the full cycle of F100 engine maintenance in country."

Thu, 14.11.2024       Raytheon Technologies

Technology will extend operational reach and counter autonomous systems

EL SEGUNDO, Calif., Nov. 14, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has been awarded a contract from the U.S. Army to work on directed energy wireless power beaming capabilities that will distribute power across the battlefield, simplify logistics, and safeguard locations for U.S. troops.

Work is being conducted as part of a larger effort under the Department of Defense's Operational Energy Strategy. Under the contract, Raytheon's Advanced Technology team will develop advanced wireless power transmitter and receiver technologies to enable a long-range demonstration in line with the needs of U.S. Army manned and unmanned system requirements.

Tue, 12.11.2024       Raytheon Technologies

Cockpit upgrade will increase collaboration, operational effectiveness and safety for UK and U.S. operators

LONDON, Nov. 12, 2024 /PRNewswire/ -- Collins Aerospace, an RTX business, has received a $19 million contract from the Department of Defense to equip a fleet of new H-47 Chinooks for the UK Royal Air Force with its Common Avionics Architecture System (CAAS) avionics management suite. This cockpit upgrade will make UK Chinooks interoperable with the U.S. Chinooks, using the same avionics system, advance digital cockpit displays and applications.

Fri, 08.11.2024       Raytheon Technologies

New maintenance, repair and overhaul capabilities for the GTF engine expected in 2026

CHRISTCHURCH, New Zealand, Nov. 7, 2024 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, and Air New Zealand today hosted a groundbreaking ceremony for a US$150 million, 14,000 square meter expansion of its Christchurch Engine Centre. The expansion will add maintenance, repair and overhaul (MRO) capabilities for the Pratt & Whitney GTF™ engine in New Zealand, with capacity for up to 140 GTF engine overhauls planned annually by 2032.

Thu, 07.11.2024       Raytheon Technologies

RTX BBN Technologies to develop tool that compartmentalizes software systems to prevent escalation of cyberattacks

CAMBRIDGE, Mass., Nov. 7, 2024 /PRNewswire/ -- RTX's (NYSE: RTX) BBN Technologies was awarded a contract to support DARPA's Compartmentalization and Privilege Management, or CPM, program. The CPM program aims to enhance cyber resilience by automatically subdividing software systems into smaller, secure compartments, preventing initial breaches from escalating into successful cyberattacks while maintaining system efficiency.

Wed, 06.11.2024       Raytheon Technologies

First phase of HyADES project will include tests on PW127XT engine fuel nozzle and combustor rig

MONTREAL, Nov. 6, 2024 /PRNewswire/ -- Pratt & Whitney Canada will demonstrate hydrogen combustion technology on a PW127XT regional turboprop engine as part of a project supported by Canada's Initiative for Sustainable Aviation Technology (INSAT). The project, named Hydrogen Advanced Design Engine Study (HyADES), will be in collaboration with Next Hydrogen Solutions Inc., which will develop high-efficiency, low-cost electrolyzers needed for establishing hydrogen production infrastructure. Pratt & Whitney is an RTX (NYSE: RTX) business.

Tue, 29.10.2024       Raytheon Technologies

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.

Tue, 29.10.2024       Raytheon Technologies

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.

Tue, 29.10.2024       Raytheon Technologies

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).

Tue, 29.10.2024       Raytheon Technologies

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.

Tue, 29.10.2024       Raytheon Technologies

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.

Tue, 29.10.2024       Raytheon Technologies

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.

Mon, 28.10.2024       Raytheon Technologies

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.

Wed, 23.10.2024       Raytheon Technologies

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.

Wed, 23.10.2024       Raytheon Technologies

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."

Wed, 23.10.2024       Raytheon Technologies

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.

Tue, 22.10.2024       Raytheon Technologies

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 target
Mon, 21.10.2024       Raytheon Technologies

A 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.

Wed, 16.10.2024       Raytheon Technologies

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.

Tue, 15.10.2024       Raytheon Technologies

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.

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