The unexpected and huge expense of dealing with Hurricane Katrina could force the Pentagon to divert funds from new space programs, Boeing official George Muellner told reporters at AFA’s Air & Space Conference. Faced with a tight budget picture before Katrina, the added pressure could tip the scale. According to Muellner, likely candidates for cuts would be transformational space systems—many of which have had trouble staying within their existing budgets.
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.