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The Latest Breaking News from Collins Aerospace

Raytheon Plans HQ Relocation - Check Out Where

Aerospace and defense company Raytheon Technologies Corp (NYSE:RTX) plans to establish its worldwide headquarters in Arlington, Virginia, as Washington, D.C., serves as a convenient travel hub for its global customers and employees. RTX is currently based in Waltham, Massachusetts. The company plans to maintain its substantial presence in the U.S., encompassing 600 sites…

NASA to Design New Suits for Astronauts

NASA to Design New Suits for Astronauts

NASA has selected two companies, Axiom Space and Collins Aerospace, to make spacesuits for its moon program and future International Space Station (ISS) missions. They will replace the current suits that were made 40 years ago, reported Agence France Press (AFP). "History will be made with the suits when we…

Asharq Al-Awsat

TPI Composites Names Ryan Miller As Finance Chief

TPI Composites Names Ryan Miller As Finance Chief

TPI Composites Inc (NASDAQ:TPIC) has appointed Ryan Miller as Chief Financial Officer, effective May 23, 2022. Miller will lead TPI's finance, accounting, and investor relations functions. Miller has served in various financial and investor relations roles at Rockwell Collins and Collins Aerospace from December 2002 to February 2022. In December last year,…

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AAR Inks Exclusive Distribution Agreement With Collins Aerospace

AAR Corp. (NYSE:AIR) has inked an exclusive distribution agreement with Collins Aerospace's Goodrich De-Icing & Specialty Heating Systems business. Deal terms were not disclosed. Collins Aerospace is a unit of Raytheon Technologies Corp (NYSE:RTX). AAR will provide airlines, other aircraft operators, and MROs globally with de-icers and supporting products. Product offerings include patented technology and…

CPI Aero Secures $4M Contract From Collins For Airborne Pod System

CPI Aerostructures Inc (NYSE:CVU) has secured a $4 million purchase order from Collins Aerospace, a unit of Raytheon Technologies Corp (NYSE:RTX), to manufacture the Tactical Synthetic Aperture Radar (TacSAR) intelligence, surveillance, and reconnaissance (ISR) system. TacSAR is a long-range synthetic aperture radar system designed for overland and maritime reconnaissance and surveillance. Under this new contract,…

Raytheon Reports Mixed Q4 Results; Guides FY22 Revenue, EPS Below Consensus

Raytheon Technologies Corp (NYSE:RTX) reported fourth-quarter FY21 sales growth of 4% year-over-year to $17.04 billion, missing the consensus of $17.26 billion. Adjusted EPS improved to $1.08 compared to $0.74 in 4Q20, beating the consensus of $1.02. Collins Aerospace sales of $4.94 billion (+13% Y/Y) and adjusted operating margin expanded by 750 bps to…

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