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January 21, 2013

Headlines: January 21, 2013

News

Pentagon grounds Marine Corps model of F-35 fighter jet

The Pentagon and U.S. Navy Jan. 18 grounded the Marine Corps version of Lockheed Martin Corp’s F-35 fighter jet after an incident that occurred during a training flight at Eglin Air Force Base in Florida Jan. 16.

 

Business

U.S. 787 probe puts spotlight on Arizona battery firm

Tucson, Ariz.,-based Securaplane Technologies Inc, which makes a charger for batteries used on the Boeing Co’s 787 Dreamliner, said Jan. 20 it would support an investigation into battery issues that have grounded the new planes.

Embraer, Finmeccanica unit discuss making helicopters in Brazil

Brazilian planemaker Embraer SA and a unit of Italy’s Finmeccanica SpA said Jan. 21 they plan to form a joint venture within months to produce helicopters in Brazil for military and commercial use in Latin America.

Smaller defense stocks seen as bargain amid cuts

Defense companies such as Alliant Techsystems and SAIC have lost value compared with the largest weapons producers, which may make them better bargains as Pentagon spending declines, according to JPMorgan Chase.

 

International

The ties that bind – Boeing unlikely to suffer Japan fall-out over 787 woes

Decades of deep business ties between Boeing and Japan and the thousands of jobs that depend on them mean Japan will likely keep rewarding U.S. manufacturers with the bulk of its aviation spending.

NATO Patriot missiles arrive in Turkey to counter Syria risks

The first of six NATO Patriot missile batteries intended to protect Turkey from a potential Syrian attack arrived by ship from Germany on Monday, drawing a small but noisy protest from nationalist and leftist demonstrators.

 

 

 




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Headlines April 21, 2014

News: Former Ranger breaks silence on Pat Tillman death: I may have killed him - Almost 10 years after the friendly fire death of former NFL star turned Army Ranger Pat Tillman, a fellow ranger admits that he may have been the one who fired the fatal shot.   Business: Ship study should favor existing designs -...
 
 

News Briefs April 21, 2014

Navy OKs changes for submariners’ sleep schedules The U.S. Navy has endorsed changes to submarine sailors’ schedules based on research into sleep patterns by a military laboratory in Connecticut. With no sunlight to set day apart from night on a submarine, the Navy for decades has staggered sailors’ working hours on schedules with little resemblance...
 
 

NASA cargo launches to space station aboard SpaceX resupply mission

Nearly 2.5 tons of NASA science investigations and cargo are on the way to the International Space Station aboard SpaceX’s Dragon spacecraft. The spacecraft launched atop a Falcon 9 rocket from Space Launch Complex 40 at Cape Canaveral Air Force Station in Florida at 3:25 p.m., EDT, April 18. The mission is the company’s third...
 

 

Boeing to give California workers $47 million in back pay

PALMDALE, Calif. – Boeing will pay $47 million to hundreds of current and former Southern California employees who are owed back pay and benefits, a union announced April 18. An arbitrator ruled against the aerospace giant in January and laid down guidelines for the payments and interest, but it took months to cull through records...
 
 

Headlines April 18, 2014

Business: Lockheed to Lose 17 F-35s Under Automatic Pentagon Cuts - Pentagon will cut 17 of the 343 F-35 fighters it planned to buy from Lockheed Martin in fiscal 2016 through 2019 unless Congress repeals automatic budget cuts, according to a new Defense Department report. DOD looking for ways not to break MH-60R helo deal - The...
 
 

News Briefs April 18, 2013

U.S. military deaths in Afghanistan at 2,177 As of April 15, 2014, at least 2,177 members of the U.S. military had died in Afghanistan as a result of the U.S.-led invasion of Afghanistan in late 2001, according to an Associated Press count. At least 1,802 military service members have died in Afghanistan as a result...
 




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