Boeing plans to recast its Integrated Defense Systems business operation to focus on—wait for it—weapons capabilities rather than systems for military services or government agencies. It will drop from seven major business groups to three. The expected result: “reduced costs across the markets [Boeing] serves,” says Jim Albaugh, IDS president and CEO. The three capability areas are: Precision Engagement and Mobility Systems; Networks and Space Systems; and Support Systems.
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.