Skip to content
Options Trading Report

Options Trading Report

Primary Menu
  • Home
  • Business
  • Domestic
  • Economy
  • Money
  • Top News
  • Newsletters
  • Home
  • 2024
  • June
  • RTX’s Collins in talks to drop ISS spacesuit contract with NASA, sources say
  • Business

RTX’s Collins in talks to drop ISS spacesuit contract with NASA, sources say

Editor June 25, 2024 2 minutes read

By Joey Roulette

WASHINGTON (Reuters) – RTX Corp subsidiary Collins Aerospace is in talks with NASA to back out of its contract to build new spacesuits for astronauts on the International Space Station, setting back the agency’s bid to modernize its decades-old spacesuits, according to two people familiar with the discussions.

The contract was part of $3.5 billion awarded to both Collins and Axiom Space by NASA in 2022. A breakdown of the contract was not provided at that time.

RTX and NASA did not immediately respond to requests for comment.

Spacesuits, essentially human-shaped spacecraft, have been a persistent development challenge for NASA, whose astronauts 250 miles above Earth on the ISS currently rely on spacesuits developed some four decades ago with only a few refurbishments and updates since.

NASA has had two rare cancellations of astronaut spacewalks this month because of the spacesuits. The agency cited a “spacesuit discomfort issue” that prompted the cancellation of two astronauts’ planned spacewalk on June 13.

The second attempt at the spacewalk, on Monday, was also canceled because of a water leak.

Collins has been seen as a leader in spacesuit development but has struggled on its current contract, the two people said.

(Reporting by Joey Roulette, Editing by Nick Zieminski)

About the Author

Editor

Administrator

Visit Website View All Posts

Post navigation

Previous: US voters prefer Trump on economy, Biden on democracy, Reuters/Ipsos poll finds
Next: Google to showcase AI, new Pixel phones at surprise Aug 13 event, the Verge reports

Related Stories

2026-04-22T144858Z_1_LYNXMPEM3L0ZG_RTROPTP_4_AB-INBEV-ECOVER-UPCYCLING
  • Business

Budweiser-maker Anheuser-Busch lays out $600 million investment plan for US facilities

Editor April 22, 2026
2026-04-17T131511Z_1_LYNXMPEM3G0T8_RTROPTP_4_IRELAND-ECONOMY
  • Business
  • Economy

State Street’s profit rises on robust fee income

Editor April 17, 2026
2025-08-22T225658Z_1_LYNXMPEL7L0XW_RTROPTP_4_META-PLATFORMS-RESULTS
  • Business

Meta partners with Midjourney to license AI tech for future products

Editor August 23, 2025

Live Market Pulse

The charting technology is provided by TradingView. Learn how to use theTradingView Stock Screener.

Want More Market News?
Add your email address below to get up to date market news and more!
By submitting your email address, you'll receive a free subscription to Options Trading Report newsletter (Privacy Policy). These newsletters are completely free - and always will be. You will also receive occasional offers about products and services available to you from our affiliates. You can unsubscribe at any time.

Search

Recent Posts

  • Budweiser-maker Anheuser-Busch lays out $600 million investment plan for US facilities
  • The “Ceasefire Dividend” in Crypto
  • The Copper Squeeze and Battery Metals: When Tech Demand Hits Physical Limits
  • US warns it will run out of money to pay airport security workers in coming weeks
  • Amazon + Anthropic

Categories

  • Business
  • Domestic
  • Economy
  • Market News
  • Newsletters
  • Options
  • Reflections
  • Top News

You may have missed

2026-04-22T144858Z_1_LYNXMPEM3L0ZG_RTROPTP_4_AB-INBEV-ECOVER-UPCYCLING
  • Business

Budweiser-maker Anheuser-Busch lays out $600 million investment plan for US facilities

Editor April 22, 2026
  • Newsletters

The “Ceasefire Dividend” in Crypto

Editor April 22, 2026
  • Newsletters

The Copper Squeeze and Battery Metals: When Tech Demand Hits Physical Limits

Editor April 21, 2026
2026-04-21T171036Z_1_LYNXMPEM3K133_RTROPTP_4_USA-TRUMP-AIRPORTS
  • Domestic
  • Top News

US warns it will run out of money to pay airport security workers in coming weeks

Editor April 21, 2026
  • Home
  • Terms of Service
  • Privacy Policy
  • Disclaimer
  • Contact Us
Copyright 2026 © All rights reserved | Options Trading Report | optionstradingreport.com SITE_OK