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

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)

Continue Reading

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

2025-07-09T153930Z_2_LYNXMPEL680QD_RTROPTP_4_SAUDI-ARAMCO-POWER-PLANTS
  • Business

Exclusive-Oil giant Saudi Aramco in talks with Commonwealth LNG for offtake agreement, sources say

Editor July 9, 2025
2025-07-07T042911Z_3_LYNXMPEL6601M_RTROPTP_4_USA-TRUMP
  • Business

Trump says alignment with BRICS’ ‘anti-American policies’ to invite additional 10% tariffs

Editor July 7, 2025
2025-07-07T134257Z_1_LYNXMPEL660JP_RTROPTP_4_TESLA-STOCKS
  • Business

Tesla short sellers set to pocket about $1.4 billion in profits after stock slump

Editor July 7, 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 the form you agree to the Privacy Policy of Options Trading Report and agree to receive our email updates and special offers. As a bonus, you will also get a free subscription to MTA Trade of the Day, Privacy Policy. You will receive special offers and advertisements from Options Trading Report and MTA Trade of the Day and our affiliates. You may unsubscribe at any time.

Search

Recent Posts

  • Copper glut driven by tariff threat to deflate US price bubble
  • Exclusive-Oil giant Saudi Aramco in talks with Commonwealth LNG for offtake agreement, sources say
  • Nvidia becomes first company to hit $4 trillion in market value
  • Trump administration to subpoena Harvard for information on foreign students
  • Analysis-Copper glut driven by tariff threat to deflate US price bubble

Categories

  • Business
  • Market News
  • Newsletters
  • Options
  • Reflections

You may have missed

  • Newsletters

Copper glut driven by tariff threat to deflate US price bubble

Editor July 9, 2025
2025-07-09T153930Z_2_LYNXMPEL680QD_RTROPTP_4_SAUDI-ARAMCO-POWER-PLANTS
  • Business

Exclusive-Oil giant Saudi Aramco in talks with Commonwealth LNG for offtake agreement, sources say

Editor July 9, 2025
2025-07-09T143503Z_1_LYNXMPEL680O8_RTROPTP_4_NVIDIA-RESULTS

Nvidia becomes first company to hit $4 trillion in market value

Editor July 9, 2025
2025-07-09T135607Z_2_LYNXMPEL680MC_RTROPTP_4_USA-TRUMP-HARVARD-CANADA

Trump administration to subpoena Harvard for information on foreign students

Editor July 9, 2025
  • Home
  • Terms of Service
  • Privacy Policy
  • Disclaimer
  • Contact Us
Copyright 2025 © All rights reserved | Options Trading Report | optionstradingreport.com