Cost efficiencies will come with next month’s creation of Joint Base Langley out of Langley Air Force Base in Hampton, Va., and the Army’s nearby Fort Eustis in Newport News, but they likely will not be seen for several years, according to officials from both services. The Norfolk Virginian-Pilot reported Monday that the new joint installation, mandated by BRAC 2005, will actually cost more initially until the consolidation of both installation’s support functions takes hold, citing Col. Glenn Grothe, Eustis’ garrison commander. Col. Kevin Altman, commander of Langley’s 1st Mission Support Group said the bases’ merger is “about getting more efficient and being more consistent.” The cost savings associated with that, he continued, “will be coming.” The 1st MSG is one of the units in Langley’s 1st Fighter Wing that will transfer in January to the soon-to-be-established 633rd Air Base Wing that will oversee the joint base’s operations.
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.