RTX announces licensing deal with Hanwha

Rhea-AI Summary

Collins Aerospace signs licensing agreement with Hanwha Systems to manufacture tactical radios in South Korea

Positive

• The licensing agreement between Collins Aerospace and Hanwha Systems will allow for the manufacturing of airborne tactical radios in South Korea
• The agreement is part of a Second-generation Anti-jam Tactical UHF Radio for NATO waveform (SATURN) upgrade program
• The TruNet™ AR-1500 is an internationally available networked communications airborne radio
• The upgrade will provide the South Korean Armed Forces with the latest anti-jam technologies
• The deal aims to increase support for a modern, connected battlespace and enhance mission-readiness, safety, and interoperability with allies

Negative

• None.

Companies to manufacture tactical radios in South Korea

CEDAR RAPIDS, Iowa, Oct. 19, 2023 /PRNewswire/ -- Collins Aerospace, an RTX business (NYSE: RTX) has signed a licensing agreement with South Korean company Hanwha Systems to manufacture airborne tactical radios in South Korea as part of a Second-generation Anti-jam Tactical UHF Radio for NATO waveform (SATURN) upgrade program.

The TruNet™ AR-1500 is an internationally available networked communications airborne radio. The solution offers a fully exportable software-defined radio receiver-transmitter, securing connectivity between ground and airborne elements across the entire battlespace, and supporting the latest edition of SATURN waveform.

"The SATURN waveform upgrade, as part of this deal, will increase support of a modern, connected battlespace, and will provide the South Korean Armed Forces the latest anti-jam technologies, which are critical to mission-readiness, safety, and interoperability with allies," said Ryan Bunge, vice president and general manager of Resilient Navigation Solutions, Collins Aerospace. "We're moving past obsolescence and offering a more secure solution."

SATURN is an anti-jam, hopping waveform that was developed as a replacement for existing anti-jam waveforms. Collins will support Hanwha Systems as a sub-contractor as part of the licensing agreement for the TruNet™ AR-1500 airborne tactical radios.

About RTX 
RTX is the world's largest aerospace and defense company. With more than 180,000 global employees, we push 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 for operational success, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2022 sales of $67 billion, is headquartered in Arlington, Virginia.

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.

Media contact:
Liz Maddy, Collins Aerospace
Email: elizabeth.maddy@collins.com 
Phone: 720-948-9005

View original content:https://www.prnewswire.com/news-releases/rtx-announces-licensing-deal-with-hanwha-301961126.html

SOURCE RTX

FAQ

What is the licensing agreement between Collins Aerospace and Hanwha Systems about?

The licensing agreement allows for the manufacturing of airborne tactical radios in South Korea

What is the TruNet™ AR-1500?

The TruNet™ AR-1500 is an internationally available networked communications airborne radio

What are the benefits of the SATURN waveform upgrade?

The upgrade will provide the South Korean Armed Forces with the latest anti-jam technologies and enhance mission-readiness, safety, and interoperability with allies