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MarketScreener Homepage  >  Equities  >  Nyse  >  Raytheon Technologies Corporation    RTX

RAYTHEON TECHNOLOGIES CORPORATION

(RTX)
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Raytheon Technologies : Collins Aerospace receives first NSA certification for SCISR Radio

10/13/2020 | 11:38am EST

CEDAR RAPIDS, Iowa - Collins Aerospace Systems, a unit of Raytheon Technologies Corp. (NYSE: RTX), today announced that the company is the first to receive NSA certification for the RT-2071 Secure CDL ISR (SCISR) communications radio featuring a more robust radio encryption that transmits mission-critical data safely and securely. The Collins Aerospace SCISR radio was the first to meet security requirements by the NSA. The NSA certification ensures that the SCISR radio's advanced connectivity supports the newest government waveform and meets the highest levels of data link encryption. Designed to be interoperable with legacy and advanced waveforms, the SCISR radio also supports Joint All Domain Command and Control (JADC2) initiatives.

The SCISR communications radio is one of the most capable software-defined radio receiver-transmitters which can be configured for either ground or airborne use. The radio features a low-cost design and a lightweight wideband data link that can adapt to various types of applications. With a standard network interface and a built-in router, the SCISR radio is enabled to be net-ready, providing a tactical advantage in the modern battlespace.

'Along with secure and reliable communications, the SCISR's easy to use application interface frees up time and allows warfighters to remain focused on the mission when it matters most,' states Ryan Bunge, vice president and general manager, Communications, Navigation, and Guidance, Collins Aerospace.

About Collins Aerospace

Collins Aerospace is a leader in technologically advanced and intelligent solutions for the global aerospace and defense industry. 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. With 2019 net sales of approximately $26 billion, the business has 78,000 employees across more than 300 locations globally. It is one of the four businesses that form Raytheon Technologies. For more information, visit CollinsAerospace.com.

About Raytheon Technologies

Raytheon Technologies Corporation is an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worldwide. It comprises four industry-leading businesses - Collins Aerospace, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense. Its 195,000 employees enable the company to operate at the edge of known science as they imagine and deliver solutions that push the boundaries in quantum physics, electric propulsion, directed energy, hypersonics, avionics and cybersecurity. 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 -42,0x
Yield 2020 2,63%
Capitalization 108 B 108 B -
EV / Sales 2020 2,03x
EV / Sales 2021 1,91x
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 71,72 $
Spread / Highest target 28,3%
Spread / Average Target 7,20%
Spread / Lowest Target -12,2%
EPS Revisions
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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