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MarketScreener Homepage  >  Equities  >  Nyse  >  Raytheon Technologies Corporation    RTX

RAYTHEON TECHNOLOGIES CORPORATION

(RTX)
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Raytheon Technologies : Airport optimization and efficiency are key with Collins Aerospace's next generation airport operations solution - ARINC AirPlan

10/13/2020 | 11:38am EST

Highlights:

* Available with cloud or on-premise deployments, AirPlan enables airports to manage all of their resources from a single application.

* Provides complete management of airport operational data, resources and flights with a single solution

* Optimizes airport operations that increase efficiency and reduce costs

* Delivers accurate recording of all aircraft activities, improves billing accuracy

ANNAPOLIS, Maryland - Collins Aerospace Systems, a Raytheon Technologies business (NYSE: RTX), is redefining airport operations with the launch of its all-new ARINC AirPlan solution. Available with cloud or on-premise deployments, AirPlan enables airports to manage all of their resources - including gates, check-in desks and baggage belts - from a single application on any computer or mobile device connected to their network.

AirPlan can provide airport operations with tools to make the status of each resource readily available in one central place and with an intuitive user interface. Airports can quickly and easily move staff, deploy ground crews and get passengers checked in for flights, optimizing their operations and providing a better experience for passengers.

In addition, AirPlan can support new airport social distancing regulations by automating the process of staggering gate schedules and optimizing the use of baggage belts to limit crowding at baggage claim.

'Our airport customers made it clear that they wanted cloud technology, mobile management and a streamlined system to make their operations more efficient,' said Christopher Forrest, vice president of Global Airport Systems for Collins Aerospace. 'The new AirPlan will meet all of their requirements now, and future upgrades will enable someone who manages multiple airports to manage the operations of several locations in one application.'

Additional AirPlan benefits include:

Efficient solution that can leverage existing platforms and solutions

Flight data generated from multiple information feeds to provide the most accurate picture of operations

A customizable interface to meet individual user needs

Ability to schedule swing gates ahead of time to reflect their planned international and domestic configurations

Customer Service support provided by experienced staff with industry-leading knowledge

Cybersecurity support to help ensure systems are always protected and secure

About Collins Aerospace

Collins Aerospace Systems, a unit of Raytheon Technologies Corp. (NYSE: RTX), is a leader in technologically advanced and intelligent solutions for the global aerospace and defense industry. Created in 2018 by bringing together UTC Aerospace Systems and Rockwell Collins, Collins Aerospace has the capabilities, comprehensive portfolio and expertise to solve customers' toughest challenges and to meet the demands of a rapidly evolving global market. For more information, visit CollinsAerospace.com.

About Raytheon Technologies Corporation

Raytheon Technologies Corporation is an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worldwide. With 195,000 employees and four industry-leading businesses ? Collins Aerospace Systems, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense ? the company delivers solutions that push the boundaries in avionics, cybersecurity, directed energy, electric propulsion, hypersonics, and quantum physics. The company, formed in 2020 through the combination of Raytheon Company and the United Technologies Corporation aerospace businesses, is headquartered in Waltham, Massachusetts.

(C) 2020 Electronic News Publishing, source ENP Newswire

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Financials (USD)
Sales 2020 64 109 M - -
Net income 2020 1 010 M - -
Net Debt 2020 21 973 M - -
P/E ratio 2020 -43,3x
Yield 2020 2,55%
Capitalization 111 B 111 B -
EV / Sales 2020 2,08x
EV / Sales 2021 1,96x
Nbr of Employees 243 200
Free-Float 72,1%
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Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 76,88 $
Last Close Price 73,91 $
Spread / Highest target 24,5%
Spread / Average Target 4,02%
Spread / Lowest Target -14,8%
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Managers
NameTitle
Gregory J. Hayes Chief Executive Officer & Director
Thomas A. Kennedy Executive Chairman
Paolo C. Dal Cin Head-Operations & Supply Chain
Anthony F. O'Brien Chief Financial Officer
Mark E. Russell Head-Technology & Global Engineering
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