BRAC squabbling pushed Senate Majority Leader Bill Frist (R-Tenn.) temporarily to table the annual defense authorization bill. It’s resurrection is more uncertain every day. The Hill reports that the measure will not surface on the Senate floor until Oct. 1, or later, prompting Capitol Hill staffers to predict a continuing resolution before the fiscal year ends on Sept. 30.
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.