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

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 0
2025-08-22T231059Z_1_LYNXMPEL7L0Y2_RTROPTP_4_DATABRICKS-M-A-1
  • Business

Exclusive-Databricks to buy Sequoia-backed Tecton in AI agent push 

Editor August 23, 2025 0
2025-08-22T172230Z_1_LYNXMPEL7L0Q4_RTROPTP_4_EU-APPLE-META-PLATFORMS-ANTITRUST-7
  • Business

Apple in talks to use Google’s Gemini AI to power revamped Siri, Bloomberg News reports

Editor August 23, 2025 0

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

  • Foreign Investments Strengthen – by Justin Vaughn, Editor, Options Trading Report
  • US Treasury sets up website for whistleblower tips on fraud, money laundering
  • Looking for Disney magic elsewhere: Canadians lead declines in travel to US 
  • Options bets on earnings-fueled stock swings reap big gains
  • Pakistan’s proposed power prices to lift inflation, help industry, analysts say

Categories

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

You may have missed

ChatGPT Image Feb 13, 2026, 12_39_54 PM
  • Market News

Foreign Investments Strengthen – by Justin Vaughn, Editor, Options Trading Report

Editor February 13, 2026 0
2026-02-13T151830Z_1_LYNXMPEM1C0ZC_RTROPTP_4_USA-TREASURY-AUCTION
  • Market News

US Treasury sets up website for whistleblower tips on fraud, money laundering

Editor February 13, 2026 0
2026-02-12T111450Z_2_LYNXMPEM1B0OS_RTROPTP_4_USA-TRAVEL-CANADA-2
  • Market News

Looking for Disney magic elsewhere: Canadians lead declines in travel to US 

Editor February 13, 2026 0
2026-02-12T173254Z_1_LYNXMPEM1B19F_RTROPTP_4_USA-STOCKS-2
  • Market News

Options bets on earnings-fueled stock swings reap big gains

Editor February 13, 2026 0
  • Home
  • Terms of Service
  • Privacy Policy
  • Disclaimer
  • Contact Us
Copyright 2026 © All rights reserved | Options Trading Report | optionstradingreport.com