Latest news with #CollinsAerospace
Yahoo
3 days ago
- General
- Yahoo
Over 130 Collins Aerospace employees volunteer to beautify seniors' yards
ROCKFORD, Ill. (WTVO) — Over 130 Collins Aerospace employees volunteered to do yard work at 15 homes that belong to seniors. This was a part of Collins Aerospace's collaboration with Lifescape for the annual Day of Caring event in the Rockford area. One volunteer who has been with the manufacturer for nearly three decades said the homeowners often get emotional because of the support they are receiving. 'Many times at the end, they make you tear up because they're so very grateful for what we're doing,' said Volunteer Bruce Daub. 'A lot of times, their family can't help them. Many of these yards used to look really nice, and for other reasons, age or whatever, they can't do it anymore. So, it's very rewarding.' Collins Aerospace provides all the tools needed for the event. This is the 7th annual Day of Caring. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Business Insider
14-05-2025
- Business
- Business Insider
This tech startup wants to shake up AR — and the aerospace industry is paying attention
Reviewing 3D models on a 2D platform like PowerPoint can make product development difficult, but AR/VR might change that. At Collins Aerospace, a leading manufacturer of aerospace equipment, engineers and designers can now use AR/VR headsets to view CAD files in real time, letting them view and change designs far more quickly than before. Thomas Murphy, a manufacturing programs chief engineer at Collins Aerospace, told Business Insider the change is like Sears switching from a catalog to e-commerce. To make this possible, the company has tapped a relatively young AR/VR collaboration tool called Campfire. Jay Wright, the CEO of Campfire, sees the platform's use at companies like Collins Aerospace as just the beginning of AR/VR collaboration. Unlike many of Campfire's competitors, which often target narrow use cases, Wright hopes to make AR/VR collaboration as popular and accessible as videoconferencing platforms like Zoom. "People can just start. They can download something for free, and then they can upgrade to a paid plan when they feel they've exhausted the features of what's free," Wright said. "Just like a Zoom, a Teams, a Slack, a Miro, a Figma. That's the exact same thing with Campfire." Taking AR/VR collaboration mainstream The adoption of AR/VR collaboration has been slow in part because most tools are difficult to download and use. Many lack a free trial, or if one is offered, it may only be available for a limited time. Hardware requirements, like a headset or a powerful computer, and device compatibility are additional obstacles. This can raise barriers for companies and individuals looking to explore the tech before making a full investment. Like many AR/VR collaboration apps, Campfire is designed for 3D, real-time collaboration in an AR/VR environment. Users can load 3D files and view them at an accurate scale, zoom in and out to see components in more detail, and make alterations on the fly. But unlike most competitors, Campfire also provides a comprehensive free tier. Under this plan, users can view up to five projects with up to five collaborators and receive 5GB of total file storage. The free tier has no time limits. Campfire also offers broad device compatibility, including Windows, Mac, Varjo headsets, and more. "It's a model similar to other software-as-a-service, where people can download something for free," Wright said. "People can use models up to a certain size, in certain formats, and it's really good. They can see what the collaboration experience looks like, they can put their own data in." Even with the recent release of more affordable and accessible headsets, like Meta's Quest 3, flexibility is key to the company's strategy. Wright said roughly 80% of Campfire's users log in through a computer, tablet, or phone. If collaborators on a project lack a headset, they can still use a laptop to view the perspective of a team member who's wearing the device. From ideation to the air Collins Aerospace, a subsidiary of RTX, builds components for commercial and defense aviation, from navigation equipment and landing gear to passenger seats. The company began using Campfire in 2023. Murphy told BI he sees an opportunity for the tech to reinvent the company's complicated review process. Collaborators typically view the 3D models, take detailed notes, create action items, make changes, reconvene to discuss the updates, and repeat until they finalize the product. "We have design reviews, and we're pasting 3D models into two-dimensional PowerPoint slides and going through those cross-sectional views on a Zoom call," Murphy said. Campfire, by contrast, allows direct and real-time collaboration. Murphy said users can view 3D CAD files that offer a much clearer representation of what a final product will look like. Collaborators can also alter the file in real time, making it possible to share iterations on the spot and experiment with new ideas. The aerospace industry's demanding timelines make speedy collaboration particularly valuable. Murphy said that Collins Aerospace needs to move in step with major customers. "From the Boeing and Airbus perspective, they're looking for us to have the agility," he said. While the tech has been used successfully at Collins Aerospace and companies like DataFusion and Whirlpool, Campfire could face potential adoption hurdles as tech giants remain undecided about AR/VR technology. Microsoft, for example, has largely retreated from Windows Mixed Reality and HoloLens, the holographic headset it once pitched to engineers, and Meta's Reality Labs reported a $4.2 billion loss in the first quarter of 2025. Even so, Wright told BI that the time is right for AR/VR collaboration to go mainstream. "Everything is not obvious until the moment that it's very obvious," he said. "The promise has been there for a long time, and it's just a matter of getting to that tipping point where you've got price, performance, and a user experience that makes it simple."
Deccan Herald
29-04-2025
- Deccan Herald
Realtor mowed down by tempo traveller in Bengaluru
Rachenahalli resident Kiran Kumar (36) was riding his TVS iQube electric scooter from Bagalur Cross to Kogilu Cross on the Ballari Road service road when the tempo traveller, coming from the opposite direction, crashed into him head-on near the Collins Aerospace company around 1:20 am.
Reuters
22-04-2025
- Business
- Reuters
RTX posts higher quarterly profit on strong demand for jet services
April 22 (Reuters) - RTX (RTX.N), opens new tab reported a higher first-quarter profit and reaffirmed its annual outlook on Tuesday, as strong demand for jet repair and maintenance services helped offset weaker sales in the company's defense unit. The aerospace and defense major has benefited from steady demand for parts and maintenance as airlines fly aging fleets amid jet production delays, even as broader market uncertainty grows due to U.S. President Donald Trump's trade war and ongoing supply chain challenges. Arlington, Virginia-based RTX reported total revenue of $20.31 billion for the quarter ended March 31, higher than the about $19.31 billion it posted a year ago. On an adjusted basis, it reported a per-share profit of $1.47 on net income of $1.99 billion for the quarter, compared with $1.34, or $1.79 billion last year. Collins Aerospace, RTX's aerospace and avionics arm, posted an 8% rise in revenue that touched $7.22 billion in the quarter, while the Pratt and Whitney unit, which makes engines for Airbus' ( opens new tab A320neo jets, saw sales rise 14%. Pratt is currently in the process of conducting an inspection drive for potentially flawed components in its Geared Turbofan (GTF) engines that has led to the grounding of hundreds of planes in recent months. Raytheon, RTX's defense unit, reported a 5% fall in sales year-over-year, primarily driven by the divestiture of its cybersecurity, intelligence and services business completed last year. Defense contractors, continuing to benefit from surging demand amid heightened geopolitical tensions, may also get a potential boost from Trump's review on military equipment export rules that he is seeking to ease. Some experts have suggested that a higher defense budget supports backlog at contractors, providing stability in revenues for key government programs.
Yahoo
22-04-2025
- Business
- Yahoo
RTX posts higher quarterly profit on strong demand for jet services
By Utkarsh Shetti and Mike Stone (Reuters) -RTX reported a higher first-quarter profit and reaffirmed its annual outlook on Tuesday, as strong demand for jet repair and maintenance services helped offset weaker sales in the company's defense unit. The aerospace and defense major has benefited from steady demand for parts and maintenance as airlines fly aging fleets amid jet production delays, even as broader market uncertainty grows due to U.S. President Donald Trump's trade war and ongoing supply chain challenges. Arlington, Virginia-based RTX reported total revenue of $20.31 billion for the quarter ended March 31, higher than the about $19.31 billion it posted a year ago. On an adjusted basis, it reported a per-share profit of $1.47 on net income of $1.99 billion for the quarter, compared with $1.34, or $1.79 billion last year. Collins Aerospace, RTX's aerospace and avionics arm, posted an 8% rise in revenue that touched $7.22 billion in the quarter, while the Pratt and Whitney unit, which makes engines for Airbus' A320neo jets, saw sales rise 14%. Pratt is currently in the process of conducting an inspection drive for potentially flawed components in its Geared Turbofan (GTF) engines that has led to the grounding of hundreds of planes in recent months. Raytheon, RTX's defense unit, reported a 5% fall in sales year-over-year, primarily driven by the divestiture of its cybersecurity, intelligence and services business completed last year. Defense contractors, continuing to benefit from surging demand amid heightened geopolitical tensions, may also get a potential boost from Trump's review on military equipment export rules that he is seeking to ease. Some experts have suggested that a higher defense budget supports backlog at contractors, providing stability in revenues for key government programs.
