financetom
Business
financetom
/
Business
/
RTX's Collins Aerospace Unit Receives $95 Million Order for MAPS Gen II Navigation Systems
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
RTX's Collins Aerospace Unit Receives $95 Million Order for MAPS Gen II Navigation Systems
Dec 2, 2024 7:10 AM

09:47 AM EST, 12/02/2024 (MT Newswires) -- RTX (RTX) said Monday its Collins Aerospace unit received a $95 million order from the US Army and Marine Corps for its MAPS Gen II navigation systems, designed to support protection for combat vehicles against electronic warfare.

The order marks the fourth contract for the jam-resistant hardware, which integrates navigation, terrain mapping, and secure positioning data for use in contested environments, the company said.

Collins is expanding its production and introducing installation kits to meet demand and streamline implementation, RTX added.

Price: 120.07, Change: -1.76, Percent Change: -1.44

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Blackstone to consider options for UK's Warehouse REIT bid
Blackstone to consider options for UK's Warehouse REIT bid
Jun 30, 2025
July 1 (Reuters) - Blackstone said on Tuesday it was considering its options regarding its bid for UK's Warehouse REIT after its takeover target agreed to a 485.2 million pound ($666.8 million)deal with Tritax Big Box REIT last week. The U.S. private equity firm, which had tabled a best and final offer of 470 million pounds for Warehouse REIT, said...
UK's Mpac Group restructures US operations as tariffs hit revenue
UK's Mpac Group restructures US operations as tariffs hit revenue
Jun 30, 2025
July 1 (Reuters) - Britain's Mpac Group said on Tuesday it had restructured its U.S. operations, after a slowdown in orders due to tariffs resulted in a significant hit to its annual revenues. The packaging and automation solutions company now expects full-year revenues to fall significantly below previous expectations. ...
Car dealers in China's Yangtze delta region warn of 'severe challenges'
Car dealers in China's Yangtze delta region warn of 'severe challenges'
Jun 30, 2025
BEIJING (Reuters) -Car dealers in one of China's richest regions are appealing to automakers to overhaul sales strategies amid mounting pressure on their cash flow and high inventories in another sign of the growing toll of the price war in the world's largest car market. Four dealer associations based in the Yangtze River Delta encompassing Shanghai city and the provinces...
Copyright 2023-2026 - www.financetom.com All Rights Reserved