Northrop Grumman executives feel the company could field a next-generation long range strike aircraft meeting the Air Force’s “2018 bomber” requirements as soon as 2015—but only if the funding profile changes. The way the money is currently forecast, an in-service date of 2020 looks more likely, said Charles Boccadoro, director of future strike systems for Northrop Grumman at meeting with reporters during AFA’s Air & Space Conference in Washington this week. Meeting even the earlier date is plausible, he said, because of the Air Force’s decision to stick with current and soon-to-be-ready technologies. He said that hitting the target dates will require flight-testing in 2012, a date that meshes with competitor Boeing’s own estimation of 2011-13.
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.