The Pentagon will eliminate geographic rate protection for the basic housing allowance come January. From that point forward, BAH will fluctuate based on regional housing cost estimates collected by military housing offices. The services will adjust the rates annually. But, officials say, there is an “individual rate protection” feature that will protect personnel locked into a lease, so they don’t get stiffed if the housing market rate drops. Read more here.
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.