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Collins Aerospace

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Collins Aerospace - Aerospace showcase

Year Founded & Workforce

2018

77,200 Employees

Industry

Aerospace
C

Collins Aerospace Employee Contacts

271 verified contactsNames, job titles, seniority and locations

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Collins Aerospace Overview

Company Headquarters: North Carolina, United States

Founded: 2018

Workforce: ~77,200

Company Working: Collins Aerospace, a subsidiary of Raytheon Technologies Corporation (RTX), is a leader in technologically advanced and intelligent solutions for the global aerospace and defense industry. The company operates its business in four main segments which are, Avionics, Mission Systems, Mechanical Systems, and Power and Controls. Collins Aerospace provides a wide range of products and services for the aviation sector, including aircraft data systems, connectivity solutions, electrical power systems, flight deck systems, cabin systems, and more. The Aircraft Interface Device (AID) segment of the company offers a variety of products that enable secure and efficient data transfer between avionics systems and electronic flight bags, wireless devices, and ground servers. Moreover, Collins Aerospace also develops custom AID solutions for specific customer requirements. The company has its businesses in more than 60 countries and regions across North America, Europe, Asia, and Africa

Strategy

Collins Aerospace’s strategy is to deliver innovative and reliable solutions for the global aerospace and defense industry that enhance safety, efficiency, and performance. It aims to achieve “Zero accidents, incidents, and injuries” and “Zero environmental incidents and violations”. The company will continue to support the growth of customers’ businesses by utilizing advanced technologies. Collins Aerospace’s goal is to achieve optimal operation with best-fit aircraft data systems and improve connectivity and data transfer by increasing security and reliability

Company Snapshot

$56,587M

Revenue

77,200

Employees

2018

Founded

North Carolina, United States

Headquarters

SWOT Analysis

Strengths

  • Innovative R&D department
  • Wide range of products

Weaknesses

  • Heavy reliance on US government
  • High customer bargaining power

Opportunities

  • Growing demand for UAVs
  • Emerging markets in BRICS nations

Threats

  • Larger and stronger competitors
  • Fixed price contracts risks

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Key Developments

DateApproachDevelopment
July 2022CollaborationIn collaboration with Collins Aerospace, American Airlines is installing the aircraft interface device (AID) on more than 500 aircraft to speed its data-driven operational decisions.

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 56,587 Mn in 2020 to USD 67,074 Mn in 2022.
Collins Aerospace — By Business Segment
Series (USD Mn)202020212022
Sales56,58764,38867,074

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