Global aerospace and defense enterprise RTX disclosed on December 14 that it is elevating chief operating officer Chris Calio to the position of chief executive officer, effective May 2. This is the culmination of a multiyear process aimed at finding a successor to CEO and chairman Greg Hayes who can shepherd the company into what looks to be a bright future. RTX is so well-positioned in military and commercial markets, both domestically and internationally, that it looks poised to be the leading global A&D company for the foreseeable future. I have written a commentary for Forbes here.
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