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Business/Financial

Chenevert Elected As UTC’s Next Chairman

DDN

Thursday, October 15th, 2009

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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…

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

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Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]