RTX's Collins Aerospace accelerates production with $26.5 million investment in Largo, Florida

RTX (NYSE: RTX) unit Collins Aerospace is investing $26.5 million to expand its Largo, Florida facility, aiming to accelerate production of commercial aviation radars and multi-domain security solutions for defense customers.

Rhea-AI Summary

RTX (NYSE: RTX) unit Collins Aerospace is investing $26.5 million to expand its Largo, Florida facility, aiming to accelerate production of commercial aviation radars and multi-domain security solutions for defense customers.

The project is expected to create over 100 new highly skilled jobs and support work on the FAA's Radar System Replacement Program, including production of the Condor Mk3 cooperative surveillance radar and ASR-XM non-cooperative radar. The new radar production area is targeted to be fully operational by late 2026.

Positive

• Collins Aerospace investing $26.5 million to expand its Largo, Florida facility
• Expansion expected to create over 100 new highly skilled engineering and factory jobs
• Facility to support FAA Radar System Replacement Program production work
• New radar production area targeted to be fully operational by late 2026

Negative

• None.

Argus May 11 session

+1.43% close to close Open Argus

Details

News Market Reaction – RTX

In the May 11 session, RTX gained 1.43%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights RTX’s continued build-out of Collins Aerospace with a $26.5 million exp...

Analysis

This announcement highlights RTX’s continued build-out of Collins Aerospace with a $26.5 million expansion in Largo and creation of over 100 high-tech jobs. The facility supports commercial radars and FAA Radar System Replacement Program hardware, complementing recent contract wins and innovation accolades. Investors may track execution milestones toward full operation by late 2026, future program awards tied to these capabilities, and RTX’s broader capital deployment, including its existing shelf registration framework.

Key Figures

Facility investment: $26.5 million New jobs: over 100 jobs Florida workforce: more than 7,000 people +5 more

Facility investment

$26.5 million

Collins Aerospace Largo, Florida expansion

New jobs

over 100 jobs

High-tech roles in engineering and factory operations in Largo

Florida workforce

more than 7,000 people

RTX employment across Florida

Florida locations

8 major locations

RTX footprint across Florida

Quarterly dividend

$0.73 per share

Dividend declared April 30, 2026, payable June 11, 2026

Dividend increase

7.4%

Increase versus prior quarterly dividend

Annual R&D spend

over $7 billion

Company- and customer-funded R&D investment

Patent portfolio

more than 60,000 patents

Global patents across advanced aerospace technologies

Historical Context

5 past events · Latest: May 06

5 events

1. May 06

   Aircraft engine order

   24h Move

   +2.2%

   AirAsia ordered 150 Airbus A220 aircraft with Pratt & Whitney GTF engines.

2. May 06

   Radar contract win

   24h Move

   +2.2%

   Raytheon secured largest single order for 120 SharpSight radars from Blue Raven.

3. Apr 30

   Dividend increase

   24h Move

   -1.2%

   Board raised quarterly cash dividend to $0.73 per share, a 7.4% increase.

4. Apr 30

   Sector supply-chain note

   24h Move

   +1.9%

   Article on rare earth supply risks highlighted defense-related materials and initiatives.

5. Apr 29

   Innovation recognition

   24h Move

   -1.6%

   RTX recognized as a top global innovator with over $7B R&D and 60,000 patents.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

multi-domain security solutions, federal aviation administration, faa, cooperative surveillance radar, +2 more

6 terms

multi-domain security solutions technical

"to accelerate the production of its commercial aviation radars and multi-domain security solutions for defense customers."

Multi-domain security solutions are integrated products and services that protect an organization across several areas—such as networks, cloud systems, endpoints (computers and phones), and physical infrastructure—so defenses work together instead of in separate silos. For investors, they matter because they reduce the chance of costly breaches, can create steady recurring revenue when sold as ongoing services, and signal that a vendor can win larger, more complex contracts by offering a unified, easier-to-manage security approach.

federal aviation administration regulatory

"Work on the Federal Aviation Administration's (FAA) Radar System Replacement Program will be performed in this facility"

A U.S. government agency that sets and enforces safety, certification, and operating rules for civil aviation, including aircraft, pilots, airlines, airports, and air traffic control. Think of it as the traffic cop and building inspector for the skies: its approvals, inspections, and regulations can change how quickly new planes or technologies reach the market, alter operating costs, or trigger safety-related grounding or fines, all of which can affect the revenues and stock prices of aviation-related companies.

faa regulatory

"Work on the Federal Aviation Administration's (FAA) Radar System Replacement Program will be performed in this facility"

The FAA is the U.S. government agency that oversees civil aviation, including aircraft safety, pilot licensing, air traffic control and rules for new technologies like drones. For investors, FAA actions are like a referee’s calls in a game: their approvals, fines or rule changes can directly affect an airline’s operations, a manufacturer’s ability to sell aircraft, or a technology company’s market access and costs, which in turn can change revenue and risk profiles.

cooperative surveillance radar technical

"including the production of the Condor Mk3, a cooperative surveillance radar capable of communicating directly with aircraft transponders"

Cooperative surveillance radar is a system that detects and tracks aircraft or other assets that actively broadcast their identity or position—like a guest at a party wearing a name tag that makes them easy to spot. It matters to investors because cooperative systems tend to be cheaper, more accurate and interoperable than passive sensing, but they depend on widespread use, regulatory rules and procurement cycles, creating markets for hardware, software and services.

non-cooperative radar technical

"and the ASR-XM, a non-cooperative radar that detects aircraft using reflected signals."

Non-cooperative radar is a sensing system that detects, tracks and identifies objects that are not actively transmitting location or identification signals — for example, aircraft, ships or vehicles that do not carry transponders or otherwise “announce” themselves. For investors, it matters because it underpins surveillance, defense and autonomous-vehicle technologies: companies that develop more accurate non-cooperative radar can win contracts, expand market share and face regulatory or privacy scrutiny, much like a security camera that must spot someone in the dark rather than relying on them to press a doorbell.

aircraft transponders technical

"a cooperative surveillance radar capable of communicating directly with aircraft transponders"

Aircraft transponders are onboard radio devices that automatically send an airplane’s identity, altitude and location to air traffic control and nearby aircraft, like a car’s license plate and position light for the sky. Investors care because these systems are required for safety and regulatory compliance, influence maintenance and upgrade costs, carry certification and liability risks, and create steady demand for manufacturers and service providers when rules or technology standards change.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Facility expansion to create over 100 new high-tech jobs

LARGO, Fla., May 11, 2026 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, is investing $26.5 million to expand its Largo, Florida facility to accelerate the production of its commercial aviation radars and multi-domain security solutions for defense customers. This investment will create over 100 new highly skilled jobs across engineering and factory operations disciplines.

"As global airspace becomes more congested and contested, customers need secure, interoperable systems for seamless coordination. This expansion strengthens our ability to deliver critical capabilities that keep airline passengers safe and military operators mission-ready, faster," said Nate Boelkins, president of Avionics at Collins Aerospace. "RTX has made significant investments in its people and operations across Florida, and we value our partnership with the State as we continue to grow." 

RTX has had a presence in Florida for more than four decades, employing more than 7,000 people across eight major locations throughout the state. Collins Aerospace's Largo facility plays a critical role in the company's production of radars, satellite and secure communications components, and testing for commercial and military customers.

"As a long-standing presence in Florida's aerospace and aviation sector, Collins Aerospace's expansion in Largo not only bolsters the growing Tampa Bay-area military and defense cluster, but it also strengthens Florida's position as a leader in aviation manufacturing and national security," said Secretary of Commerce J. Alex Kelly. "Florida continues to attract leading aerospace manufacturers that are advancing cutting-edge aviation and defense technologies while creating high-skill jobs for Floridians."

Work on the Federal Aviation Administration's (FAA) Radar System Replacement Program will be performed in this facility, including the production of the Condor Mk3, a cooperative surveillance radar capable of communicating directly with aircraft transponders, and the ASR-XM, a non-cooperative radar that detects aircraft using reflected signals.

The new radar production area is expected to become fully operational by late 2026.

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 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 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-accelerates-production-with-26-5-million-investment-in-largo-florida-302762790.html

SOURCE RTX

FAQ

What did RTX's Collins Aerospace announce about its Largo, Florida facility on May 11, 2026 (NYSE: RTX)?

Collins Aerospace announced a $26.5 million investment to expand its Largo, Florida facility. According to Collins Aerospace, the project aims to accelerate production of commercial aviation radars and multi-domain security solutions and add over 100 new highly skilled jobs in engineering and factory operations.

How many new jobs will RTX's Collins Aerospace expansion in Largo create and in what roles (NYSE: RTX)?

The Largo expansion is expected to create over 100 new high-tech jobs. According to Collins Aerospace, these roles will span highly skilled engineering and factory operations disciplines, supporting increased production of commercial aviation radars and multi-domain security solutions for both commercial and defense customers.

How much is Collins Aerospace investing in the Largo, Florida radar facility expansion for RTX (NYSE: RTX)?

Collins Aerospace is investing $26.5 million to expand its Largo, Florida facility. According to Collins Aerospace, this capital will fund a new radar production area to accelerate output of commercial aviation radars and security solutions, including systems for the FAA Radar System Replacement Program.

When will the new Collins Aerospace radar production area in Largo be fully operational for RTX (NYSE: RTX)?

The new radar production area in Largo is expected to be fully operational by late 2026. According to Collins Aerospace, this timeline supports increased production of the Condor Mk3 cooperative surveillance radar and ASR-XM non-cooperative radar for commercial and defense applications.

What radar systems will Collins Aerospace produce in its expanded Largo facility for RTX (NYSE: RTX)?

The expanded Largo facility will produce Condor Mk3 and ASR-XM radar systems. According to Collins Aerospace, Condor Mk3 is a cooperative surveillance radar communicating with aircraft transponders, while ASR-XM is a non-cooperative radar detecting aircraft via reflected signals for the FAA Radar System Replacement Program.

How does the Collins Aerospace Largo expansion support FAA radar modernization for RTX investors (NYSE: RTX)?

The Largo expansion supports work on the FAA's Radar System Replacement Program. According to Collins Aerospace, the facility will build Condor Mk3 and ASR-XM radars, enhancing capacity to deliver cooperative and non-cooperative surveillance systems for modernizing U.S. airspace monitoring and national air traffic management.