Fleet wide aircraft readiness rates have remained consistent over the last two decades, but not the cost to operate and maintain the aircraft. “Our costs have increased pretty significantly just to attain those mission capable rates,” Faykes said. In the last decade alone, said Faykes, the cost to maintain readiness climbed 87 percent. An older fleet is requiring more and more money to keep in the sky.
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.