Satair Extends Parts Distribution Agreement With RTX's Collins Aerospace; Satair And Collins Aerospace Signed A Four-Year Renewal Agreement; Renewal Agreement Extends Satair's Global Distribution Rights For Collins Electric, Environmental Control And Engine System Parts
Portfolio Pulse from Benzinga Newsdesk
Satair has extended its parts distribution agreement with RTX's Collins Aerospace for an additional four years. This renewal agreement grants Satair global distribution rights for Collins' electric, environmental control, and engine system parts.
April 10, 2024 | 2:28 pm
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RTX's Collins Aerospace division has renewed its parts distribution agreement with Satair for four more years, covering key aerospace components.
The renewal of the distribution agreement with Satair is likely to provide RTX's Collins Aerospace division with a stable and potentially growing revenue stream from the distribution of electric, environmental control, and engine system parts. This agreement underscores the strength of RTX's aftermarket services and could positively influence investor sentiment towards RTX in the short term.
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