:

Air Force

Tarantulas and Asian Giant Hornets Subplot in RTX Settlement with DoJ

Frank Wolfe

Monday, October 21st, 2024

SHARE:

Tarantulas and Asian Giant Hornets Subplot in RTX Settlement with DoJ

Pictured is a long-range UHF early warning PAVE PAWS-derivative radar on Taiwan's Mt. Leshan (Photo from an April, 2022 Project 2049 Institute Report, which credits "Up Media")

Tarantulas and Asian giant hornets in Taiwan are a subplot of a nearly $1 billion settlement RTX [RTX] reached last week with the U.S. Department of Justice (DOJ). Deterring a Chinese invasion of Taiwan--an attack that defense oracles believe may come by 2027--has been a central topic at defense conferences, especially over the last five years. RTX--formed in 2020 from Raytheon's merger with United Technologies--is to report third quarter results for 2024 on Tuesday. The largest part of last week's…

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]

Congress

Appropriators Offer Skepticism On $350B Defense Reconciliation Plan, ‘Big Risk’ For Key Initiatives

Senate and House Appropriators told Pentagon leadership on Tuesday they’re skeptical of the department’s plan to fund $350 billion of the fiscal year 2027 defense budget through the reconciliation process, […]

Congress

All Future Systems Should Have Autonomy Features, Reed Says

Last week, Sen. Jack Reed (D-R.I.) visited North Kingstown, R.I.-based Senesco, which is teaming with autonomous systems company Havoc to bid on the U.S. Navy’s Medium Unmanned Surface Vessel program. […]

Congress

Senate Appropriators Concerned With DoD’s Reconciliation Plan For Top FY ‘27 Priorities, Aide Says

Senate defense appropriators have concerns with the Pentagon’s decision to include key fiscal year 2027 funding priorities, such as critical munitions and drones production, among its request for $350 billion […]