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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 May 22, 2015

News: Second Marine killed in Hawaii Osprey crash identified - Marine Corps officials have identified the second Marine to die as a result of the May 17 MV-22B Osprey crash as Lance Cpl. Matthew J. Determan of Maricopa, Ariz.   Business: Israel defense exports plunge to seven-year low - Israeli defense sales last year plunged to their...
 
 

News Briefs May 22, 2015

Ukrainian officer hit with third charge in Russia A third charge has been filed against a Ukrainian military officer who has been behind bars in Moscow for nearly a year over the deaths of two Russian journalists in Ukraine. Nadezhda Savchenko, who worked as a spotter for Ukrainian troops fighting separatist rebels in eastern Ukraine,...
 
 

Headlines May 20, 2015

News: Top secret X-37B space plane blasts off on fourth mission - One of the most mysterious craft ever to go into orbit blasted off on a top secret mission this morning.   Business: R&D budget request rises for U.S. Special Operations - The leadership of U.S. Special Operations Command said the force and its acquisitions –...
 

 

News Briefs May 20, 2015

North Korea ‘many years’ from developing submarine missile A top U.S. military officer says North Korea is many years away from being able to launch ballistic missiles from a submarine. But vice chairman of the U.S. Joint Chiefs of Staff, Adm. James Winnefeld, said May 19 such missiles could eventually present a hard-to-detect danger to...
 
 

House panel approves $578.6 billion for defense spending

The House panel that decides defense spending approved a $578.6 billion blueprint May 19 that fully funds a 2.3 percent pay raise for military men and women, prevents the retirement of the A-10 aircraft that protects ground troops and funds the U.S. fight against terrorism. The spending bill, which mirrors the broad defense policy bill...
 
 

News Briefs May 18, 2015

Military leaders gather in Hawaii to talk amphibious skills Amphibious military capabilities are on the agenda as the U.S. Marine Corps and Navy host defense leaders from around the Pacific in Hawaii this week. The first-of-its kind meeting comes as territorial disputes over islands grow more heated in the region. U.S. treaty allies Japan and...
 




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