Esterline Corp. [ESL] last week named Curtis Reusser as its next president and CEO, succeeding Brad Lawrence who will remain executive chairman of the board until March 2014. Incoming Esterline President and CEO Curtis Reussser Photo: Esterline Reusser is stepping down as president of United Technologies Corp.’s [UTX] $7 billion Aircraft Systems business, a segment of UTC Aerospace Systems. Reusser has been with UTC and the former Goodrich Corp., which was acquired by UTC to form Aerospace Systems, for 25…
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Congress Updates
Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests
The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]
U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says
The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]
White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA
The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]
House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0
The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]