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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 November 24, 2014

News: Hagel said to be stepping down as defense chief under pressure - Defense Secretary Chuck Hagel is stepping down under pressure, the first cabinet-level casualty of President Obama’s Democratic majority in the Senate and a beleaguered national security team that has struggled to stay ahead of an onslaught of global crises. Afghan mission for U.S....
 
 

News Briefs November 24, 2014

Fog forces five U.S. choppers to land in Polish field Officials say that that fog forced five U.S. Army helicopters to make an emergency landing in a Polish field and spend the night there, the second such incident since September. The U.S. Army said 15 soldiers were moving equipment to their base in Germany Nov....
 
 
Courtesy photograph

President announces Hagel’s resignation as defense secretary

Defense Secretary Chuck Hagel shakes hands with President Barack Obama at the White House Nov. 24. The president announced that Hagel would resign his position as defense secretary. Praising Defense Secretary Chuck Hagel’...
 

 

Headlines November 21, 2014

News: Dempsey lays groundwork for larger 2016 defense budget - The top U.S. military official on Wednesday made the case for growing the base defense budget significantly over the $535 billion spending cap imposed by Congress for fiscal 2015.   Business: Boeing can bill $61 million that Pentagon withheld for months - The Pentagon withheld $60.5 million...
 
 

News Briefs November 21, 2014

Obama aide: U.S. should look at Ukraine military aid A senior aide of President Barack Obama says he believes the U.S. should consider giving Ukraine lethal, defensive military assistance to get Russia to think twice about its destabilizing behavior. Tony Blinken, the deputy national security adviser, cites serious violations by Russia of agreements not to...
 
 
navy-collission2

Two U.S. Navy ships collide in Gulf of Aden

MANAMA, Bahrain – Two U.S. Naval supply ships collided in the Gulf of Aden Nov. 20 at 5:26 a.m., GMT, with no injuries to crew members. USNS Amelia Earhart (T-AKE 6) and USNS Walter S. Diehl (T-AO 193) collided as they we...
 




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