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Business/Financial

Esterline Names Former UTC Aircraft Systems Exec Reusser As New CEO

Monday, September 16th, 2013

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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…

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

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

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 […]