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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

Baldwin Concerned With Army’s JLTV ‘Mismanagement,’ Seeks Support For Marines’ Procurement Plans

Sen. Tammy Baldwin (D-Wis.) has raised concerns with the “Army’s mismanagement” of the Joint Light Tactical Vehicle (JLTV) program, and is seeking assurance that the Marine Corps can be supported […]

Congress

SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]

SASC Bill Would Raise Amphib Requirement To 33 Ships

The Senate Armed Services Committee’s (SASC) fiscal year 2027 defense policy bill adds new provisions that would raise the Navy and Marine Corps’ minimum requirement for amphibious warships and extend […]

Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said. Jesse Tolleson, […]