The Air Force wants Congress to approve its plan to shed numerous aircraft, including all F-117s and U-2s, and a majority of C-130Es, 38 B-52s, and many KC-135Es, as part of its fiscal 2007 budget proposal. In every case, either the aircraft are too expensive to maintain for the combat capability they provide, or some other capability can do the job better. The plan sounds reasonable, but, in past years, lawmakers have been loath to permit such retirements—in fact, some 839 aircraft have been held legislative hostage. If Congress holds true to form, USAF budget director Maj. Gen. Frank Faykes told reporters Monday, the Air Force would face a $3 billion shortfall over the future years’ defense plan. That $3 billion diversion could wipe out re-engining programs for the AWACS and Joint STARS, as well as procurement of a new Light Cargo Aircraft, each budgeted for $1.4 billion across the FYDP.
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.