RTX : Satair extends parts distribution agreement with RTX's Collins Aerospace
April 10, 2024 at 10:29 am EDT
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Satair extends parts distribution agreement with RTX's Collins Aerospace
April 10, 2024
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CHICAGO, April 10, 2024 - (MRO Americas)- Satair, an Airbus Services company, and Collins Aerospace, an RTX (NYSE: RTX) business, today signed a four-year renewal agreement extending Satair's global distribution rights for Collins electric, environmental control and engine system parts. The agreement covers multiple Airbus, Boeing, Bombardier and Embraer commercial and military platforms.
"Satair is pleased to further its longstanding relationship with Collins by renewing our distribution agreement with its Power and Controls division for another four years," said Thomas Lagaillarde, head of product management for Satair. "The agreement marks Satair's second renewal with Collins, building upon our history of collaboration across various product lines. As a world leader in the commercial aerospace aftermarket, this contract renewal will allow us to continue to provide our customers with reliable parts and services."
"Extending this agreement enables Collins and Satair to continue to provide world-class distribution support to our global customers," said Ryan Hudson, vice president, Power and Controls Aftermarket for Collins. "Collins is a leading provider of electric power, air management and engine control systems for commercial and military aircraft, and this contract will ensure Satair customers have access to high-quality components from the original equipment manufacturer."
About Collins Aerospace
Collins Aerospace, an RTX business, is a leader in integrated and intelligent solutions for the global aerospace and defense industry. Our 80,000 employees are dedicated to delivering future-focused technologies to advance sustainable and connected aviation, passenger safety and comfort, mission success, space exploration and more.
About RTX
With more than 185,000 global employees, RTX pushes the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses - Collins Aerospace, Pratt & Whitney, and Raytheon - we are advancing aviation, engineering integrated defense systems, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2023 sales of $69 billion, is headquartered in Arlington, Virginia.
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10 April 2024 and is solely responsible for the information contained therein. Distributed by
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RTX Corporation (formerly Raytheon Technologies Corporation) is among the world's leading aeronautics and defense groups. Net sales (including intragroup) break down by sector of activity as follows:
- aerial navigation systems (29.3%; Collins Aerospace): manufacturing of electrical, electronical and mechanical systems for aircrafts (compressors, airplane control, etc.), civil and military helicopters, etc.;
- aeronautics (29.2%; Pratt & Whitney): design and manufacturing of civil and military aircraft engines, gas turbines, rocket engines and propulsion systems;
- missile systems, and integrated air and anti-missile defense systems (21.1%; Raytheon Missiles & Defense): design and manufacturing of weapons systems, missiles, munitions, projectiles, radars systems, control and monitoring equipment, communication, information, detection and imaging systems, etc. ;
- aerospace systems (20.4%; Raytheon Intelligence & Space): production of radars, airborne sensors, tactical airborne communications systems, software-defined radio solutions, advanced tactical networking systems, cryptographic systems, real-time sensor networking systems, etc.
Net sales break down by source of revenue between sales of products (76.7%) and services (24.3%).
Net sales are distributed geographically as follows: the United States (86.3%), Europe (5.8%), Asia/Pacific (2.7%), North Africa and Middle East (0.2%) and other (5%).