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CEDAR RAPIDS, Iowa - Collins Aerospace, a business unit of RTX (NYSE: RTX), has announced the approval to commence Full Rate Production of its Mounted Assured Positioning, Navigation and Timing (PNT) Generation II system (MAPS GEN II). This development follows the successful delivery of the fifth order of the navigation solution, designed to resist jamming and spoofing attempts. RTX, a prominent player in the Aerospace & Defense sector according to InvestingPro, has demonstrated strong financial performance with revenue growth of 17.2% over the last twelve months, reaching $80.7 billion.
MAPS GEN II will be integrated into a variety of U.S. Army and U.S. Marine Corps combat ground vehicles and military watercraft. The system combines sensor data, including satellite navigation and secured positioning, to support both crewed and uncrewed ground vehicles.
Sandy Brown, vice president and general manager for Resilient Navigation Solutions at Collins Aerospace, stated, "Through close coordination with our customer, we’ve met the modernized fielding requirements for MAPS while reducing production costs." Brown emphasized that MAPS GEN II aligns with the Department of Defense’s modernization goals and ensures reliable access to Assured PNT for military personnel.
The system comprises the NavHub™-100 navigation system and Multi-Sensor Antenna System (MSAS-100), catering to various mission requirements such as combat, artillery fires, air and missile defense, ship-to-shore operations, and contested logistics. Collins Aerospace also provides scalable configurations of these systems to accommodate different mission needs.
Collins Aerospace, recognized for its integrated and intelligent solutions, serves the global aerospace and defense industry with a workforce of 80,000 employees. The company is committed to advancing sustainable and connected aviation, passenger safety, mission success, space exploration, and more.
RTX, the parent company of Collins Aerospace, stands as the world’s largest aerospace and defense company, employing over 185,000 individuals globally. With businesses including Collins Aerospace, Pratt & Whitney, and Raytheon, RTX is at the forefront of aviation advancement, defense system integration, and next-generation technology solutions. The Arlington, Virginia-headquartered company reported sales exceeding $80 billion in 2024.
This announcement is based on a press release statement from Collins Aerospace.
In other recent news, RTX Corp. has been the subject of several significant developments. Pratt & Whitney, a division of RTX, secured a contract worth up to $1.5 billion to support the F119 engines powering the U.S. Air Force’s F-22 Raptor fighter jets. This agreement aims to enhance readiness and reduce maintenance costs over a three-year period. Additionally, Collins Aerospace, another unit of RTX, won a contract to supply 144 ACES II ejection seats for the U.S. Air Force’s F-15EX aircraft, continuing its collaboration with Boeing Defense.
In analyst updates, UBS upgraded RTX Corp.’s stock from Neutral to Buy, raising the price target to $147. This decision was based on RTX’s strong positioning in commercial and defense sectors, with expectations of increased earnings per share in the coming years. Further advancements were made by Raytheon, an RTX business unit, which completed 10 successful subsystem demonstrations for the U.S. Army’s Next-Generation Short-Range Interceptor program. However, the company faces potential challenges as reports indicate planned defense budget cuts by the Pentagon, which could impact future revenue streams. These developments underscore RTX’s ongoing efforts and challenges in the aerospace and defense sectors.
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