RTX's Collins in talks to drop ISS spacesuit contract with NASA, sources say [Yahoo! Finance]
RTX Corporation (RTX)
Company Research
Source: Yahoo! Finance
new spacesuits for astronauts on the International Space Station, setting back the agency's bid to modernize its decades-old spacesuits, according to two people familiar with the discussions. The contract was part of $3.5 billion awarded to both Collins and Axiom Space by NASA in 2022. A breakdown of the contract was not provided at that time. RTX and NASA did not immediately respond to requests for comment. Spacesuits, essentially human-shaped spacecraft, have been a persistent development challenge for NASA, whose astronauts 250 miles above Earth on the ISS currently rely on spacesuits developed some four decades ago with only a few refurbishments and updates since. NASA has had two rare cancellations of astronaut spacewalks this month because of the spacesuits. The agency cited a "spacesuit discomfort issue" that prompted the cancellation of two astronauts' planned spacewalk on June 13. The second attempt at the spacewalk, on Monday, was also canceled because of a water l
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RTX
News
- RTX (RTX) Upgraded to Buy: What Does It Mean for the Stock? [Yahoo! Finance]Yahoo! Finance
- RTX Co. (NYSE: RTX) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- More from CNN [CNN]CNN
- Spacewalk suits are aging rapidly, but NASA just canceled plans for new ones [CNN]CNN
- Global Anti-Jamming Market Size To Worth USD 11.8 Billion By 2033 | CAGR of 8.33% [Yahoo! Finance]Yahoo! Finance
RTX
Earnings
- 4/23/24 - Beat
RTX
Sec Filings
- 6/20/24 - Form 11-K
- 6/20/24 - Form 11-K
- 5/31/24 - Form SD
- RTX's page on the SEC website