Maj. Gen. Oscar Westover, the Chief of the Army Air Corps, is forced to terminate the AAC’s lighter-than-air balloon program because Congress did not provide sufficient funding. Three weeks later, the Navy agrees to accept the transfer of the Air Corps’ lighter-than-air assets.
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.