L3Harris reported revenue of $4.69 billion in the second quarter, up 13.5% annually, while its earnings per share (EPS) of $2.97 beat analysts’ estimates.
U.S. Air Force Secretary Frank Kendall says the House's addition of $558 million for the force's Adaptive Engine Transition Program is akin to "throwing money away."
The push to give FAA near-term programmatic and funding stability is underway with both U.S. House and Senate versions of five-year reauthorization proposals.