RTX's Collins Aerospace to deliver additional MAPS Gen II units

Rhea-AI Summary

Collins Aerospace, an RTX business, secured its fourth order for MAPS Gen II systems worth $95 million. The contract involves delivering jam-and-spoof-resistant navigation hardware to the U.S. Army and Marine Corps for combat ground vehicles. The system provides fusion of sensor data, including satellite navigation, terrain mapping, and secured positioning for both crewed and uncrewed vehicles. Collins is expanding production capabilities and developing aftermarket installation kits to streamline fielding and reduce retrofitting complexity.

Positive

• Secured new $95 million contract for MAPS Gen II systems
• Expanding production volume capabilities to meet increasing demand
• Developing aftermarket installation kits to enhance product offering

Negative

• None.

Insights

Defense Industry Analyst

The $95 million MAPS Gen II order represents a significant win for RTX's Collins Aerospace division, marking their fourth contract for this critical defense technology. The deal strengthens RTX's position in the growing military PNT (Positioning, Navigation and Timing) market, particularly important as global electronic warfare threats escalate.

The contract's strategic value extends beyond its immediate financial impact. By securing orders from both the U.S. Army and Marine Corps, Collins is establishing itself as the go-to provider for anti-jamming navigation systems. The development of aftermarket installation kits indicates potential for additional revenue streams through retrofit opportunities across existing military vehicle fleets.

While this contract alone represents less than 0.1% of RTX's market cap, the growing demand for electronic warfare resilience and Collins' increased production capabilities suggest strong growth potential in this segment. The multi-service adoption also positions RTX favorably for future defense contracts in the PNT space.

Navigation hardware to protect platforms against threats

CEDAR RAPIDS, Iowa, Dec. 2, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, received its fourth order for the Mounted Assured Positioning, Navigation (PNT) and Timing Generation II systems (MAPS Gen II), valued at $95 million. The jam-and-spoof-resistant navigation solution hardware will be delivered to the U.S. Army and the U.S. Marine Corps for installation on combat ground vehicles to provide resiliency during multi-domain operations in contested environments.

MAPS Gen II will deliver critical mission data while enhancing protection against electronic attack. The vehicle-mounted system provides fusion of sensor data including satellite navigation information, terrain mapping and secured positioning, navigation and timing data for crewed and uncrewed ground vehicles.

"As near peer threats continue to evolve and advance, we're seeing increased demand for resiliency against electronic warfare," said Philippe Limondin, vice president and general manager for Resilient Navigation Solutions, Collins Aerospace. "In response, we're partnering closely with the U.S. Army to reduce overall costs so MAPS Gen II can be fielded faster and more readily available across the services to allow mission execution with precision and accuracy."

Collins is increasing its production volume capabilities to meet customer requirements. In addition to the current offering, Collins is working to develop aftermarket installation kits that will streamline the fielding process and reduce retrofitting complexity on existing vehicles.

MAPS Gen II is comprised of the company's NavHub™-100 navigation system and Multi-Sensor Antenna System (MSAS-100) and can be scaled to accomplish multiple mission sets including combat, artillery fires, air and missile defense, ship-to-shore and contested logistics.

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.

For questions or to schedule an interview, please contact corporatepr@rtx.com.

 

View original content:https://www.prnewswire.com/news-releases/rtxs-collins-aerospace-to-deliver-additional-maps-gen-ii-units-302315135.html

SOURCE RTX

FAQ

What is the value of RTX's new MAPS Gen II contract?

The new MAPS Gen II contract secured by Collins Aerospace, an RTX business, is valued at $95 million.

Who are the customers for RTX's MAPS Gen II systems?

The MAPS Gen II systems will be delivered to the U.S. Army and U.S. Marine Corps for their combat ground vehicles.

What is the purpose of RTX's MAPS Gen II system?

MAPS Gen II provides jam-and-spoof-resistant navigation, delivering critical mission data and enhanced protection against electronic attacks for military ground vehicles.

How many MAPS Gen II orders has RTX received?

This is the fourth order Collins Aerospace, an RTX business, has received for the MAPS Gen II systems.