In the current cost-cutting climate, USAF officials are looking closely at changing the standard three-year duty stints for officers to four-year permanent change of station (PCS) assignments. Lt. Gen. Roger Brady, deputy chief of staff for manpower and personnel, says the action would free up money spent on moves that is sorely needed for other priorities such as recapitalization of ageing aircraft and operations. He also expects longer stays in one job would deepen an officer’s knowledge and experience. The prospective change to PCS policy mostly pertains to officers in the continental United States, but also to those on “permanent” assignments in Europe.
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.