
Storm clouds could be forming on the horizon for Raytheon [RTN] and its Global Positioning System (GPS) operational control segment (OCX) as Pentagon officials have escalated public criticism of the beleaguered program in recent weeks while confronting a $15 billion budget gap for fiscal year 2017.Air Force Space Command (AFSPC) chief Gen. John Hyten on Tuesday called OCX a “disaster,” the service’s strongest criticism in recent memory, and said it was “embarrassing” to have to defend it to the public.“When…