RAYTHEON TECHNOLOGIES CORPORATION

(RTX)
  Report
Delayed Nyse  -  04:00 2022-08-17 pm EDT
94.99 USD   -0.06%
08/18RAYTHEON TECHNOLOGIES CORPORATION : Ex-dividend day for
FA
08/17Raytheon Technologies Corporation - At the International Rocketry Challenge, an all-girls team soars
AQ
08/17Taiwan's air force flexes muscles in face of Chinese war games
RE
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Raytheon Technologies : Kestrel Aviation Fights Australia's Fast and Furious Forest Fires

04/12/2022 | 04:14pm EDT

Australia's fire season is generally getting longer, more intense and less predictable.

Each state's fire season used to be three months, but these days, it is around 130 days to as much as 160 days, said Ray Cronin, managing director of Australian aerial-firefighting company Kestrel Aviation.

Cronin said the fire season over 2021 to 2022 was less severe than the fire season over 2019-2020, because Australia had above average spring rainfall. But he warned the respite will not last forever. "We have a couple of years of adjustment before we get back into normal fire activity levels."

Forest fires in Australia, from late 2019 to early 2020, were so catastrophic, that the Australian government called a Royal Commission; an independent public enquiry, to study the impact of the fires.

The Royal Commission reported 24 to 40 million hectares were destroyed; nearly 3 billion animals were killed or displaced; over 3,000 homes and many other buildings were destroyed; and 33 people died.

"Smoke may have well caused other deaths," it said, adding that "others suffered serious physical, emotional and psychological injuries".

Based in the central Victorian town of Mangalore, near the foothills of Australia's densely-forested highland country where many fires occur, Kestrel Aviation, which is on the frontline of fire-fighting efforts in Australia's southern state of Victoria, operates a fleet of 12 Pratt & Whitney-powered Bell 212 and Bell 412 helicopters.

Cronin said he likes the Pratt & Whitney-powered Bell 212 and Bell 412, because the aircraft and engines are able to operate in the harshest environments. This includes flying at low-altitude through smoke and embers or flying 'hot and high' carrying heavy payloads of fire retardant.

The winds in Victoria can get so harsh that there are not only embers whizzing through the air but burning branches, said Cronin who describes forest fires in Australia as "fast and furious". "Spot fires spread out from the inferno like a funnel and broaden the front, so it is important to contain the inferno by extinguishing the spot fires," explained Cronin.

Kestrel has installed world class Conair 85-KE firefighting belly tanks on each of its Bell helicopters which can deploy around 1,500 liters of water.

"If you need to cover an area, say within a radius of 80 nautical miles, the Bell 212s and Bell 412s can be mobilized quickly into operation. The aircraft will be able to reach the location at a fast speed and begin extinguishing the fire," he added.

Cronin said aerial fire-fighting operators need to have 'a mix of tools in the toolbox', particularly for different scenarios. "If the fire seems to be getting out of control, or if the fuel loads start to get heavier, the fire agencies will mobilize and engage the Pratt & Whitney-powered Sikorsky S-64 Skycrane," he said referring to a heavy-lift helicopter with a maximum take-off weight of 21t.

Because the Bell 212s and Bell 412s fly in such harsh conditions, tough and reliable engines are definitely essential. "We use different variants of the Pratt & Whitney PT6 engine. For the 212s, some aircraft are equipped with the PT6-3, while others are powered by PT6-3B, allowing for different operational capabilities," he said.

"We do not have a lot of high-altitude work in Australia, so the PT6-3 is suitable for open plains where it is lower and less demanding. Whereas the PT6-3B engine powered aircraft is used for aerial recovery missions and for places where temperatures could be a limiting factor. This is because the 3B has a better temperature margin," Cronin added. As for the 412s, they use: -3BE, -3BG and the -3D variants.

Cronin said a key benefit of the PT6 is there are so many of these engines in use today. "The engines perform well, and the spare parts support is good, our maintenance personnel are also able to work comfortably across the different variants in our portfolio. Pratt and Whitney's engines are great to work with and give us confidence because of the reliability," he continued.

Kestrel Aviation is a leading, fully Australian-owned specialist aviation provider with over three decades of experience providing safe, effective, innovative, and professional aerial services. Started as a specialist training and charter organization in 1985, it has since built a heritage in emergency management. The family-owned business now operates in Australia a large fleet of specialist multi-role helicopters, ranging from light reconnaissance to heavy-lift and mass passenger transit capable helicopters.

Disclaimer

Raytheon Technologies Corporation published this content on 12 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 April 2022 20:13:19 UTC.


© Publicnow 2022
All news about RAYTHEON TECHNOLOGIES CORPORATION
08/18RAYTHEON TECHNOLOGIES CORPORATION : Ex-dividend day for
FA
08/17Raytheon Technologies Corporation - At the International Rocketry Challenge, an all-gir..
AQ
08/17Taiwan's air force flexes muscles in face of Chinese war games
RE
08/17Taiwan's air force flexes muscles in face of Chinese war games
RE
08/17Boeing, Northrop to join White House-backed advanced manufacturing program
RE
08/16RAYTHEON TECHNOLOGIES : CMCs Offer Burning Platform for Lighter, More Durable Engine Parts
PU
08/11Vertical Research Adjusts Raytheon Technologies Price Target to $112 From $120, Maintai..
MT
08/10Comtech Telecommunications Names Ken Peterman President, CEO
MT
08/08Exclusive-Bolsonaro election concerns stall U.S. Javelin missiles sale to Brazil-source..
RE
08/07Israel says Iron Dome shoots down 97% of Gaza rockets
RE
More news
Analyst Recommendations on RAYTHEON TECHNOLOGIES CORPORATION
More recommendations
Financials (USD)
Sales 2022 67 797 M - -
Net income 2022 5 616 M - -
Net Debt 2022 24 577 M - -
P/E ratio 2022 24,9x
Yield 2022 2,24%
Capitalization 140 B 140 B -
EV / Sales 2022 2,42x
EV / Sales 2023 2,23x
Nbr of Employees 174 000
Free-Float 87,2%
Chart RAYTHEON TECHNOLOGIES CORPORATION
Duration : Period :
Raytheon Technologies Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends RAYTHEON TECHNOLOGIES CORPORATION
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 19
Last Close Price 94,99 $
Average target price 109,28 $
Spread / Average Target 15,0%
EPS Revisions
Managers and Directors
Gregory J. Hayes Chairman, President & Chief Executive Officer
Neil G. Mitchill Chief Financial Officer
Mark E. Russell Head-Technology & Global Engineering
Christopher T. Calio Chief Operating Officer
Robin Diamonte Chief Investment Officer
Sector and Competitors