The Air Force has decided that it can simplify money management—and save bucks—by making Air Force Material Command the daddy rabbit for the bulk of its sustainment needs. Starting Oct. 1, AFMC becomes the executive agent for all other major commands for such things as aviation fuel, nonrepairable parts, depot-level aircraft, missile, and engine overhauls. USAF plans to stage this huge changeover over several years, in three spirals through Fiscal 2010.
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.