Ash Carter became deputy defense secretary during a private swearing-in ceremony at the Pentagon Thursday. He replaced Bill Lynn, who stepped down after serving in that role since February 2009. Carter has been the Pentagon’s acquisition executive since April 2009 and has played a leading role in the Pentagon’s drive to shed overhead and operate more efficiently. The Senate last month unanimously approved Carter for the deputy post. (AFPS report by Karen Parrish)
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.