CAPITOL HILL: The chairman of the board of the Aerospace Industries Association, Pratt & Whitney President David Hess, expressed guarded optimism today that industry is getting through to Congress about the danger of sequestration. “We’ve been very active — Marion [Blakey, AIA’s CEO], and the AIA staff, and the member companies of AIA — [conveying]… Keep reading →

CAPITOL HILL: Lockheed Martin CEO Bob Stevens and his fellow defense industry executives struggled to stay on their “sequestration kills jobs” message while they dodged repeated questions from Democrats about whether revenue increases were needed to avert the sequester. An exasperated Rep. Adam Smith, the top Democrat on the House Armed Services Committee, concluded the… Keep reading →

WASHINGTON: As jetlagged aerospace executives and defense reporters head home from a frankly discouraging Farnborough Air Show, Washington is gearing up for storm of stop-sequestration events this coming week. What it will actually accomplish is an open question. Sequestration has hardly been a quiet topic this past week, with a pointed, partisan, and unproductive exchange… Keep reading →

PRATT & WHITNEY ENGINE PLANT, MIDDLETOWN, CONN.: [updated 9:05 am Wednesday with comment from Pratt & Whitney President David Hess] This factory builds jet engines for high-performance fighters — an engine a week for the F-35 alone — but the armed forces might want to take a look at an innovation on Pratt & Whitney’s… Keep reading →