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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 14, 2014

Business: U.S. Navy looks to leverage submarine work to keep costs down - The U.S. Navy hopes to save money and time by leveraging industry investments as it replaces its Ohio-class nuclear-armed submarines with the Virginia-class attack submarines now built by General Dynamics Corp and Huntington Ingalls Industries Inc.  Study raises red flags on California aerospace...
 
 

News Briefs April 14, 2014

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Headlines April 11, 2014

News: Lawmakers readying legislation to block A-10 cuts - Lawmakers in both the House and Senate are planning legislation to block the Air Force’s plans to retire the A-10.   Business: Navy may delay decision on replacing carrier supply planes - The U.S. Navy is looking for an inexpensive way to replace its aging fleet of 35...
 

 

News Briefs April 11, 2014

450 U.S., Romanian troops in joint military games Some 450 U.S. and Romanian troops and technical staff kicked off joint military exercises in northwestern Romania April 10, flying U.S. F-16 fighter jets alongside Romanian ones. Four F-16s and one Romanian MiG-21 LanceR took off from Romania’s Campia Tarzii military base as the Dacian Viper 2014...
 
 

Headlines April 9, 2014

News: Marine shoots, kills fellow Marine gate guard at Camp Lejeune - The shooting death of a Camp Lejeune gate guard by a fellow Marine April 8 evening was likely the result of a negligent discharge, according to an official at Headquarters Marine Corps, though the incident remains under investigation.   Business: DOD withholds $25.7 million...
 
 

News Briefs April 9, 2014

New program would boost veterans in Hill jobs Members of Congress often urge federal agencies and the private sector to hire military veterans, but a survey suggests they rarely follow that advice with their personal staff. The survey says veterans made up less than 3 percent of the staff in the congressional offices that responded....
 




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