Canvas Category OEM : Aerospace
Collins Aerospace, a unit of Raytheon Technologies Corp. (NYSE: RTX), is a leader in technologically advanced and intelligent solutions for the global aerospace and defense industry. Created in 2018 by bringing together UTC Aerospace Systems and Rockwell Collins, Collins Aerospace has the capabilities, comprehensive portfolio and expertise to solve customers’ toughest challenges and to meet the demands of a rapidly evolving global market.
Safran agrees to buy Collins flight controls business for $1.8 billion
France’s Safran (SAF.PA) said on Friday it had agreed to buy a supplier of critical cockpit functions from Collins Aerospace in a cash deal valuing it at $1.8 billion, as it prepares for the next generation of increasingly computerised aircraft. The deal to buy Collins’ actuation and flights controls business marks the French engine and aircraft equipment maker’s biggest acquisition since the 2018 purchase of seat maker Zodiac.
It targets a growing market for actuators, which convert electronic instructions from the cockpit to the physical movement of parts to help control aircraft, for example by providing extra lift during landing.
Collins Aerospace Opens Additive Manufacturing Center, Expands Global Repair Capabilities At Monroe, N.C. Campus
Collins Aerospace today announced the opening of a new additive manufacturing center and the expansion of its maintenance, repair and overhaul (MRO) capabilities at its campus in Monroe, North Carolina. The company completed a $30 million expansion of the site in 2021 and has since invested an additional $15 million as part of the Monroe City Council and Union County Board of Commissioners MAGNET100 economic development incentive program.
Collins’ new additive manufacturing center in Monroe includes two 3D printers with plans to add more in the future. The new facility will join the company’s existing global network of additive production centers in Iowa, Minnesota, and Singapore, and additive research centers in Connecticut and Poland, to support the next generation of aircraft with state-of-the-art systems and optimized designs.