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Stock impact report

Spacewalk suits are aging rapidly, but NASA just canceled plans for new ones [CNN]

RTX Corporation (RTX) 
Company Research Source: CNN
CNN — The iconic puffy white suits that astronauts have donned for decades as they step outside the International Space Station are rapidly aging — but NASA is now without concrete plans to replace them. The space agency announced Wednesday that it's abandoning contracts worth more than $100 million with Collins Aerospace — a division of RTX Corporation, formerly known as Raytheon Technologies, and a longtime NASA partner — to develop next-generation spacesuits. Collins and the space agency “mutually agreed” to end the deal, which had committed the company to deliver the spacesuits by 2026, according to NASA. “This action was agreed upon after Collins recognized its development timeline would not support the space station's schedule and NASA's mission objectives,” NASA said in a blog post Collins did not immediately reply to a request for comment Thursday morning. Ad Feedback Astronauts currently wear spacesuits — called Extravehicular Activity, or EVA, suits — designed Show less Read more
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