(RTTNews) - Boeing Company (BA) Tuesday announced that it delivered 28 commercial airplanes during the third quarter of 2020.
"We continue to work closely with our customers around the globe, understanding their near-term and longer term fleet needs, aligning supply and demand while navigating the significant impact this global pandemic continues to have on our industry," said Greg Smith, Boeing executive vice president of Enterprise Operations and chief financial officer.
The aviation giant delivered 13 787 jets, 5 777 jets and 6 767s.
"We're taking actions to resize, reshape and transform our business to preserve liquidity, adapt to the new market reality and ensure that we deliver the highest standards of safety and quality as we position our company to be more resilient for the long term. Our diverse portfolio, including our government services, defense and space programs, continues to provide some stability as we adapt and rebuild stronger for the other side of the pandemic."
TUCSON, Ariz., Oct. 13, 2020 /PRNewswire/ -- Raytheon Missiles & Defense, a Raytheon Technologies business (NYSE: RTX), today announced the StormBreaker® smart weapon has been approved for use on the F-15E by the U.S. Air Force's Air Combat Command. The fielding decision means that F-15E squadrons can now be equipped with StormBreaker and deployed for missions.
"StormBreaker delivers an unprecedented capability to pilots in the field," said Paul Ferraro, vice president of Raytheon Missiles & Defense's Air Power business. "The weapon gives airmen a significant advantage – the ability to strike maritime or land-based maneuvering targets at range in adverse weather."
StormBreaker features an innovative multimode seeker that guides the weapon by imaging infrared, millimeter wave radar, and semi-active laser in addition to or with GPS and inertial navigation system guidance.
"The weapon has proven itself in many complex test scenarios, against a variety of targets in extreme environmental conditions, and is now ready to fly," said Cristy Stagg, StormBreaker program director at Raytheon Missiles & Defense. "With its multimode seeker and datalink, StormBreaker will make adverse weather irrelevant."
StormBreaker's small size lets fewer aircraft address the same number of targets compared to larger weapons that require multiple jets. It can also fly more than 40 miles to strike mobile targets, reducing the amount of time that aircrews spend in harm's way.
The smart weapon's initial fielding on the F/A-18E/F Super Hornet for the U.S. Navy later this year and integration for fielding on the F-35 Joint Strike Fighter are next for the program.
To learn more about StormBreaker, visit us here.
About Raytheon Missiles & Defense Raytheon Missiles & Defense produces a broad portfolio of advanced technologies, including air and missile defense systems, precision weapons, radars, and command and control systems – delivering end-to-end solutions to detect, track and engage threats. Headquartered in Tucson, Arizona, the business generated $16 billion in pro forma annual revenue in 2019 and has 30,000 employees globally. Raytheon Missiles & Defense is one of four businesses that form Raytheon Technologies Corporation.
About Raytheon Technologies
Raytheon Technologies Corporation is an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worldwide. With 195,000 employees and four industry-leading businesses ― Collins Aerospace Systems, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense ― the company delivers solutions that push the boundaries in avionics, cybersecurity, directed energy, electric propulsion, hypersonics, and quantum physics. The company, formed in 2020 through the combination of Raytheon Company and the United Technologies Corporation aerospace businesses, is headquartered in Waltham, Massachusetts.
Media Contact Ian DavisRMDPR@rtx.com
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SOURCE Raytheon Technologies
Iteris, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today announced the Metropolitan Transportation Commission (MTC) has awarded Iteris a $5.4 million contract extension to continue its use of Iteris’ next-generation traveler information services solution to power the San Francisco Bay Area's 511 traveler information system.
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Iteris Awarded $5.4 Million Contract Extension by San Francisco Bay Area Metropolitan Transportation Commission (Photo: Business Wire)
Iteris has been providing key services of the 511 SF Bay traveler information system to the MTC since 2015 and the new contract extension will continue this partnership a further two years. Under the terms of the contract extension with the MTC, Iteris will continue to operate and maintain the 511 SF Bay interactive voice response (IVR) system, and provide regional transit data integration, software support and technical services for the MTC’s 511 Operations Center. These efforts will ensure continued innovation and longevity, while preserving the functionality and features that the MTC and 511 SF Bay travelers depend on.
"Iteris is excited to extend our partnership with the San Francisco Bay Area MTC by continuing to operate key services of the region’s 511 traveler information system,” said Scott Carlson, vice president and assistant general manager, Transportation Systems at Iteris. "We are committed to ensuring the San Francisco Bay Area travelers and public transit riders, who make 1.5 million daily trips, are able to access accurate, real-time travel information that improves their mobility across the nine-county region.”
Iteris provides multimodal traveler information services for 11 state and regional transportation agencies across the U.S. as part of the ClearMobility™ Platform, supporting over 63 million combined interactions and 7.1 million individual IVR phone calls in the past year alone.
About the ClearMobility Platform
The ClearMobility Platform is the world’s most complete solution to continuously monitor, visualize and optimize mobility infrastructure. ClearMobility applies cloud computing, artificial intelligence, advanced sensors, advisory services and managed services to help ensure roads are safe, travel is efficient, and communities thrive.
About Iteris, Inc.
Iteris is the global leader in smart mobility infrastructure management – the foundation for a new era of mobility. We apply cloud computing, artificial intelligence, advanced sensors, advisory services and managed services to achieve safe, efficient and sustainable mobility. Our end-to-end solutions monitor, visualize and optimize mobility infrastructure around the world to help ensure that roads are safe, travel is efficient, and communities thrive. Visit www.iteris.com for more information and join the conversation on Twitter, LinkedIn and Facebook.
Iteris Forward-Looking Statements
This release may contain forward-looking statements, which speak only as of the date hereof and are based upon our current expectations and the information available to us at this time. Words such as "believes," "anticipates," "expects," "intends," "plans," "seeks," "estimates," "may," "should,” "will,” "can," and variations of these words or similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, statements about the awarded contract and capabilities and benefits of our ClearRoute traveler information services. Such statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict, and actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors.
Important factors that may cause such a difference include, but are not limited to, our ability to provide our services in a cost-efficient manner; our ability to introduce, market and gain broad acceptance of our new and existing product and service offerings in the transportation industry; the potential impact of product and service offerings from competitors and other competitive pressures; challenges in the development of software-based solutions generally; and the impact of general economic, political and other conditions in the markets we address. Further information on Iteris, Inc., including additional risk factors that may affect our forward-looking statements, is contained in our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q, our Current Reports on Form 8-K, and our other SEC filings that are available through the SEC’s website (www.sec.gov).
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