News
Republicans gloat over Obama’s about-face on defense spending –
The turnabout is causing a major credibility problem for the Defense Department ahead of the Feb. 9 release of the president’s new budget proposal, key lawmakers told POLITICO.
Business
Night vision market to reach $7.7 billion by 2020 –
The global night vision market will reach $7.7 billion by 2020, according to a forecast by market research firm MarketsandMarkets. This reflects a compound annual growth rate of 8.8 percent over $5.1 billion in 2015.
Former Sikorsky President Jeff Pino killed in Arizona plane crash –
A former president of a major aircraft manufacturer was one of the two people killed after their World War II-era plane crashed and burned near the town of Maricopa, Ariz.
Finnish Patria strikes significant AMV deal with UAE –
Finnish state-controlled Patria Group Oy has secured an export license to sell an unspecified number of 8×8 AMV armored vehicles to the United Arab Emirates. Patria, which described the deal as significant, said financial details around the contract would remain classified.
HAL rolls out long-delayed HTT-40 trainer –
India’s state-owned Hindustan Aeronautics Limited has rolled out the first prototype of its basic trainer in Bangalore after nearly six years of development.
Indian arms policy proposal called harmful for small firms –
A recommendation by an Indian Defence Ministry committee that strategic partners for major defense projects be limited to domestic companies with healthy balance sheets has raised objections that such a policy would unfairly restrict new, emerging firms that likely would have greater debt.
LI aerospace companies keep geriatric military planes aloft –
Long Island’s aerospace industry is profiting from maintenance and upgrade contracts worth millions of dollars for military aircraft that are as much as half a century old.
Turkish drone Anka makes debut flight –
The Anka, a medium-altitude, long-endurance drone developed by Tusas Turkish Aerospace Industry made its debut missionary flight, Turkish aerospace officials said.
Defense
Budget 2017 preview: Advanced capabilities in focus –
As U.S. Secretary of Defense Ash Carter crossed the nation last week previewing the Pentagon’s fiscal 2017 budget request, a few trends appear to be forming for the Department of Defense.
What agreement? Congress drawing battle lines in 2017 defense budget fight –
The Senate’s No. 2 Democrat says if House Republicans follow through on threats to raise defense spending through the wartime account known as OCO, they can expect resistance from Democrats.
Army budget boosts European presence, sacrifices modernization –
The Army’s fiscal year 2017 budget request would boost the service’s European presence but also sacrifices modernization efforts, particularly in the aviation account.
LCS Milwaukee breakdown likely due to software issue –
An investigation into what caused the breakdown of one of the U.S. Navy’s newest ships is nearing completion, sources said, and it’s hoped the fixes will be less extensive than once feared.
F-35 makes first transatlantic crossing –
An Italian Air Force F-35 completed the fighter jet’s first transatlantic crossing Feb. 5, a historic event that kicks off a landmark year for the international program.
Veterans
Strong veteran employment rates continue into 2016 –
The strong veteran employment numbers charted throughout 2015 continued in the first month of the new year, government data indicate.
CVA officials push back after attacks from Clinton, Sanders –
Officials at Concerned Veterans of America are lashing back at the two Democratic presidential frontrunners a day after both panned the group’s proposals in a national debate.