Cork branch of RTX-owned aerospace firm posts profit surge 

Firm's turnover rose by over a third in 2022, helped in large part by an injection of €7.5m by its parent company

Cork branch of RTX-owned multinational Collins Aerospace

Increased activity levels and a growing headcount saw the Irish arm of multinational aerospace firm, Collins report an operating profit of €1m. 

Newly filed accounts show the firm's turnover increased by over a third in 2022 to more than €9.5m, with the company's income derived from a mark-up on its costs under an agreement with its parent company.