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Chenevert Elected As UTC’s Next Chairman

United Technologies Corp. [UTX] yesterday said that Louis Chenevert, the company's president and CEO, has been elected to succeed George David as chairman of the company beginning Jan. 1, 2010. Chenevert, 52, became president of UTC and a board member in 2006, initiating the leadership transition at the multi-industrial company. He succeeded David, 67, as CEO last year. "The board is delighted with Louis' growth into these most senior responsibilities and looks forward to years of his continued and exceptional…

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Congress Updates

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]


Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation

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HII Executive Outlines Its Shipbuilding Acceleration Strategy

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House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

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