RTX
companyRTX is a leading aerospace and defense company formed from the merger of Raytheon Technologies' divisions.
RTX, formed from Raytheon Technologies, encompasses three major divisions: Collins Aerospace, Pratt & Whitney, and Raytheon. The company employs over 185,000 people and is involved in aerospace and defense, providing technology for aircraft and defense systems. RTX was rebranded in June 2023, reflecting its commitment to innovation in aviation and defense.
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Space Force kills OCX GPS ground control system, citing ‘insurmountable’ challenges
Space Force has cancelled the Next Generation Operational Control System (OCX) contract due to insurmountable challenges, as announced on April 17th. The program, managed by RTX, incurred costs of $6.27 billion, significantly exceeding initial estimates. Moving forward, the Space Force will enhance the existing GPS ground system, awarding Lockheed Martin a $105 million contract for related upgrades.