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Search resuls for: "RTX's Collins Aerospace"


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NASA is pushing back the schedule for upcoming missions of its flagship Artemis lunar program by about a year as the agency's contractors work to finish technology needed to return U.S. astronauts to the moon's surface. Artemis 2 — with a four-person crew, which NASA announced last spring — was previously planned to launch in November, while Artemis 3 had been targeting December 2025. The pair of missions are set to follow the uncrewed Artemis I mission that flew in 2022. The Artemis program represents a series of missions with escalating goals, aiming to return astronauts to the lunar surface for the first time since the Apollo era. Nelson's comments confirm reporting by CNN and Reuters that NASA would be pushing out the schedule for the program.
Persons: Artemis, Reid Wiseman Victor Glover, Christina Koch, Jeremy Hansen, Bill Nelson, , Lockheed Martin, Elon, Jeff Bezos Organizations: NASA, Artemis, CNN, Reuters, Boeing, Northrop Grumman, Lockheed, SpaceX, Collins Aerospace, SpaceX's Locations: U.S
The company also approved a $10 billion share repurchase program that will be funded through short and long-term debt. But profit at RTX's Collins Aerospace unit, which deals with commercial aftermarket service, rose 22% to $903 million. RTX reported an overall third-quarter adjusted profit of $1.25 per share, beating Wall Street estimates of $1.21, according to LSEG data. The company now expects reported sales of $68.5 billion, up from about $67.5 billion, and adjusted sales of $74 billion, up from $73 billion. Adjusted earnings per share - previously projected to be $4.95 to $5.05 - are now expected to be between $4.98 and $5.02.
Persons: Benoit Tessier, Pratt, Whitney, RTX, Neil Mitchill, Pratyush Thakur, Mike Stone, Valerie Insinna, Krishna Chandra Eluri, Mark Potter Organizations: Raytheon Technologies Corporation, International Paris Air, Le, REUTERS, Collins Aerospace, Reuters, RTX, RTX's Collins Aerospace, Wall, Intelligence, Services, Raytheon, Thomson Locations: Le Bourget, Paris, France, Arlington , Virginia, Bengaluru, Washington
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