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April 8, 2013

Headlines April 8, 2013

Business

Pentagon awards surge 71 percent in March as Congress eases budget blow

The Defense Department announced contracts valued at as much as $39.4 billion in March, 71 percent more than the prior month, even as automatic federal budget cuts started taking effect.

http://www.washingtonpost.com/business/economy/defense-contracts-surge-71-percent-in-march-as-congress-eases-budget-blow/2013/04/07/4deeb982-9c89-11e2-a941-a19bce7af755_story.html

Lagardere to use private placement to sell EADS shares

French media group Lagardere SCA said April 8 that it plans to use a private placement as part of its previously disclosed plan to sell its stake in Airbus owner European Aeronautic Defence & Space Co.
Lagardere said in a statement released after market close that it will sell about 61 million shares in EADS, representing about 7.35 percent of EADS’s share capital. The aerospace company itself will place an order of about $650 million as part of the placement, Lagardere said.

http://www.foxbusiness.com/news/2013/04/08/lagardere-to-use-private-placement-to-sell-eads-shares/

Defense

Pentagon seeks change in military law over sex assault decision

Defense Secretary Chuck Hagel has decided to ask Congress to change U.S. military law so that senior commanders no longer have the power to set aside the jury convictions for major crimes like murder or sexual assault, a defense official said April 8.

http://www.reuters.com/article/2013/04/08/us-usa-defense-sexassault-idUSBRE9370X320130408

Unmanned Navy planes near big milestones in May

The Navy plans to carry out the first catapult takeoff of its new X-47B unmanned plane from an aircraft carrier next month and other shipboard tests despite mandatory budget cuts this year, according to the admiral who runs the programs.

http://www.reuters.com/article/2013/04/07/us-navy-planes-unmanned-idUSBRE93609O20130407

Pentagon presses for higher fees for military health care beneficiaries, Congress resists

The loud, insistent calls in Washington to rein in the rising costs of Social Security and Medicare ignore a major and expensive entitlement program ó the militaryís health care system.

http://www.washingtonpost.com/politics/congress/pentagon-presses-for-higher-fees-for-military-health-care-beneficiaries-congress-resists/2013/04/08/ae17edce-a021-11e2-bd52-614156372695_story.html

Pentagon struggles with high cost of health care

The loud, insistent calls in Washington to rein in the rising costs of Social Security and Medicare ignore a major and expensive entitlement program ó the militaryís health care system.

Veterans

Obama seeks to hike veteransí funding despite budget pressure

President Barack Obama will request will request a 4 percent increase in discretionary spending next year for the Department of Veterans Affairs, a move officials said April 5 demonstrated his commitment to veterans and their families despite intense fiscal pressure.

http://www.reuters.com/article/2013/04/06/us-usa-obama-veterans-idUSBRE93500920130406

http://www.airforcetimes.com/article/20130408/BENEFITS06/304080012/Pentagon-struggles-high-cost-health-care

Viewpoint

Mr. Hagel’s budget challenge
The Washington Post

WHEN HE WAS asked in 2011 about the possible impact of the sequestration on defense, Chuck Hagel breezily replied that the Pentagon was ìbloatedî and ìneeds to be pared down.î In his first major speech as defense secretary on Wednesday, Mr. Hagelís assessment was considerably more sober. The $41 billion cut the department is taking this year, he said, ìis already having a disruptive and potentially damaging impact on the readiness of the force.î He added that he would not ìassume or tacitly acceptî that ìthese cuts can be accommodated without a significant reduction in military capabilities.

http://www.washingtonpost.com/opinions/mr-hagels-budget-challenge-at-the-pentagon/2013/04/07/997398c0-9df9-11e2-a941-a19bce7af755_story.html




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Headlines August 28, 2014

News: After F-15 jet crash in Virginia, rescue helicopters search for pilot - Helicopters are searching for an Air National Guard pilot after his F-15 jet crashed in the mountains of Virginia this morning, military officials said.   Business: U.S. Air Force 3DELRR contract expected soon - The U.S. Air Force could award the contract for its...
 
 

News Briefs August 28, 2014

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LM-C5

Double Deuce

A U.S. Air Force crew ferried the 22nd C-5M Super Galaxy from the Lockheed Martin facilities in Marietta, Ga., Aug. 25. Aircraft 86-0011 was ferried by a crew led by Maj. Gen. Dwyer L. Dennis, Director, Global Reach Programs, O...
 

 
Northrop Grumman photograph

First ever RQ-4 Global Hawk hits 100th flight on NASA mission

Northrop Grumman photograph A historical look at the first Global Hawk (AV1) during its maiden flight over Edwards Air Force Base, Calif., on Feb. 28, 1998. AV1 has made history again with its 100th flight in support of NASA en...
 
 

Northrop Grumman’s CIRCM system completes U.S. Army flight testing

Northrop Grumman’s Common Infrared Countermeasures system recently completed another round of U.S. Army testing by demonstrating its capabilities on a UH-60M Black Hawk helicopter. The flight test was conducted at Redstone Arsenal in Huntsville, Ala., by the Redstone Test Center. The Northrop Grumman CIRCM system was subjected to rigorous conditions over a six-week period, after...
 
 
NASA photograph by David Olive

NASA completes successful battery of tests on composite cryotank

https://www.youtube.com/embed/qkGI6JeNY0E?enablejsapi=1&rel=0 NASA photograph by David Olive One of the largest composite cryotanks ever built recently completed a battery of tests at NASA’s Marshall Space Flight Cen...
 




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