
Despite challenges sustaining the engine for the Defense Department’s F-35 fighter, Raytheon Technologies [RTX] CEO Greg Hayes said on Tuesday that he doesn’t expect the military services to fund an effort to bring on General Electric [GE] as a second supplier of engines to compete with his company’s F135 engine on the program. “I will tell you that is a multi-billion-dollar, multi-year effort to bring that engine back in line and given the cost challenges on the program, it seems…