The Air Force is still toting up and verifying claims it has received following the New Jersey fire sparked by an Air National Guard F-16 earlier this year, but the service has revealed that one claim, filed Aug. 1 by the Phoenix Pinelands Corp., is for $197.7 million. The Press of Atlantic City reports that the corporation is a sand mining company based in Little Egg Harbor Township. That one claim amounts to almost the entire $200 million in claims the service currently has received. The review of the incident continues, but it already has resulted in leadership changes within the units involved.
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.