News

December 2, 2015
 

Headlines – December 2, 2015

Business

Lockheed wins $279 million in U.S. Navy funding for next LCS ship –
Lockheed Martin Nov. 30 said it had received $279 million in remaining funding from the U.S. Navy for the construction of the future USS Cooperstown, the 23rd Littoral Combat Ship.

European funding to jump, program cuts possible in FY17 budget –
Funding for the European Reassurance Initiative will jump in the Pentagon’s fiscal 2017 budget request, the department’s top budget official said Nov. 30.

Defense innovation initiative burdened by high expectations –
The spotlight on the Pentagon’s innovation campaign and the opening of a new office near Silicon Valley to serve as a liaison to the tech industry have generated enormous buzz. They also have created an idealistic narrative on what impact these efforts might have on the defense market, officials cautioned.

NAVSEA seeks information from LCU 1700 design and build candidates –
The Naval Sea Systems Command has launched a market survey across the U.S. industry to help inform its acquisition strategy for the U.S. Navy’s LCU 1700 program, as plans to recapitalize the navy’s Landing Craft Utility (LCU) capability continue to develop.

Israel’s largest defense firm tanks in 3Q report –
Israel Aerospace Industries, Israel’s largest state-owned defense firm, reported a precipitous plunge across all performance parameters in the third quarter of 2015, including lower sales; an eroding backlog; a 76 percent drop in pretax earnings; and $31 million in losses compared with the same period last year.

Finmeccanica delays completion of Kuwait Eurofighter contract-source –
Italian defense group Finmeccanica has delayed the completion of a contract to sell 28 Eurofighter jets to Kuwait to the middle of December, a source close to the matter said Nov. 26.

Aselsan wins Turkish tank protection system contract –
Military electronics specialist Aselsan, Turkey’s biggest defense firm, said Nov. 30 it has signed a $54 million contract with the Turkish government to produce and deliver an indigenous system designed to protect tanks and armored vehicles from anti-tank rockets and missiles.

Why Russia needs China to buy its weapons –
Despite intellectual property concerns, Russia recently agreed to sell 24 Sukhoi Su-35 fighter jets to China — a deal worth $2 billion. But what is driving Moscow to seek deeper trade ties with Beijing? DW examines.

DCNS submits final bid in Australian sub program –
DCNS last week submitted its final proposal in Australia’s tender for up to 12 attack submarines in the Sea 1000 Future Submarine program, a deal reported to be worth $36.1 billion, a spokesperson for the French naval shipbuilder said.

Defense

DARPA scraps plan to launch small sats from F-15 –
The U.S. Defense Advanced Research Projects Agency has scrapped plans to launch small satellites from a modified F-15 fighter jet after two tests of a new rocket fuel ended in explosions this year.

Veterans

Arlington National Cemetery short 30,000 wreaths –
Wreaths Across America, the group responsible for placing wreaths on 230,000 headstones at Arlington National Cemetery, said Wednesday that 30,000 graves may have to forego the commemorative garland due to a lack of funding.

Space

The man-made crater on the moon –
It is no accident that NASA crashed one of its Apollo 16 rocket boosters onto the moon, but the researchers never intended to lose it.

Unexpected ‘weather’ found on moon –
The moon has long been considered an inert place where the lunar dust is only disturbed by the occasional impact from a meteor.




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