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February 22, 2013

Headlines: February 22, 2013

Business

Japan: 787 fuel leak probe indicates cause to be coating issue

Japan’s transport ministry said Feb. 22 its fuel leak probe on a Boeing 787 Dreamliner passenger jet indicated the cause to be a coating around the mechanism that controls fuel movement between tanks.

Bombardier outlook disappoints, new Learjet delayed

Bombardier Inc. reported quarterly results Feb. 21 that fell short of expectations and issued a lackluster 2013 outlook, sending shares of the Canadian aircraft and train maker down nine percent.

Italy’s Finmeccanica delays results over India probe

Italian defense group finmeccanica has delayed publication of its 2012 results after a bribery probe connected with the sale of 12 helicopters to Indian authorities, it said Feb. 21.

BAE Systems buoyed by overseas arms sales

BAE Systems posted a smaller than expected fall in underlying profits Feb.21 and cheered investors with a dividend boost and $1.5 billion share buyback plan due to the strength of its overseas arms sales.

 

Defense

U.S. troops arrive in Niger to set up drone base 

President Obama announced Feb. 22 that about 100 U.S. troops have been deployed to the West African country of Niger, where defense officials said they are setting up a drone base to spy on al Qaeda fighters in the Sahara.

 

International

How not to get wiped out by a drone: Al Qaeda’s 22-step guide on how to stay alive is found in abandoned terrorist safehouse in war-torn Mali

An al Qaeda guide listing 22 ways to avoid drone attacks has been unearthed in Mali after reporters stumbled across the booklet in the war-torn country. Among the tips which vary from straightforward to unusual, militants of the Islamic Maghreb in the African country are advised to camouflage cars using sticks or bales of hay, simulate fake gatherings with dolls and simply to hide under trees.

Russia, China oppose military intervention in North Korea

Russia and China said Feb. 22 they would oppose any foreign military intervention in North Korea over its recent nuclear test.

 

Viewpoint

Forced budget cuts a disaster for military

by Howard McKeon and James Inhofe

During the third and final presidential debate last October, President Obama made a promise to the American people. Sequestration, a package of forced budget cuts, “is not something I proposed,” he said. “It will not happen.” What a difference 100 days make.

We don’t need a military draft

By Melvin R. Laird, Former Secretary of Defense

Just over 40 years since the United States implemented the all-volunteer military force, some are once again suggesting that a draft force could be better. I managed development of the all-volunteer concept that President Richard Nixon endorsed, and I believe that returning to the draft would be a mistake. No president has advocated a return to conscription, Congress does not support it, and the American people would not stand for it — all with good reason.

 

 

 




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Headlines December 19, 2014

News: SpaceX’s attempt to land rocket on floating barge postponed - It’s set to be one of the most groundbreaking moments in humanity’s six decades of space exploration. Obama signs $1.1 trillion spending bill into law - President Obama signed the $1.1 trillion federal spending measure into law Dec. 16, officially ending any threat of a government...
 
 

News Briefs December 19, 2014

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Lockheed to settle suit over retirement accounts

Lockheed Martin agreed Dec. 16 to settle a federal class-action lawsuit accusing the aerospace and defense behemoth of mismanaging the investment accounts of its employees and retirees, charging the investors high fees along the way. The tentative deal announced in federal court in Illinois’ East St. Louis averted an anticipated four-week trial in the 8-year-old...
 

 

Headlines December 17, 2014

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Headlines December 15, 2014

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Official: Afghan insurgents kill two U.S. troops An international military official has told The Associated Press that an insurgent attack on a convoy in eastern Afghanistan has killed two U.S. troops. The official says the attack happened by the Bagram air base in Parwan province near the capital, Kabul, late Dec. 12. The official spoke...
 




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