Europe’s defense capability has “declined roughly 15 percent over the last decade,” said Dr. Hans Binnendijk, senior fellow at the SAIS Center, at AFA’s 2013 Air & Space Conference in National Harbor, Md. “Those cuts have [first come] horizontally, taking little bits and pieces out of the force structure,” essentially creating a hollow force, he said. Then NATO countries began taking cuts vertically. And a “lot of this has been done without consultation from the alliance.” NATO has other areas it needs to work on, he said, as emerging threats and challenges arise. One particular concern is cooperative security. This area would get a C or C+ in his book, he said, as NATO needs to create partnerships with neutral countries in Europe, the Gulf states, and countries in Asia, such as Japan, South Korea, Australia, and India.
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.