In the 2007 defense spending bill, just signed into law by President Bush, Congress approved the Air Force’s controversial multiyear procurement plan for the F-22A Raptor. According to the conference report, House and Senate appropriators agreed to an MYP for 60 aircraft, beginning with 20 in Fiscal 2007 and followed by 20 each in 2008 and 2009. They also stated that they “expect the Department of the Air Force will continue to seek improved efficiencies in this program.” The Air Force believes the MYP will save money, considering the overall reduced buy of the new stealth fighters, but, more importantly, would extend the fifth-generation production line should there be a delay with the F-35.
RTX, parent of Raytheon, Collins and Pratt & Whitney, is getting out of the space prime business and focusing on its "strengths" as a maker of space sensors, buses, and components, company COO Chris Calio said during an earnings call.