In the news...

April 15, 2013

News Briefs April 15, 2013

EADS in talks to buy almost half a billion euros worth of shares from French government

The parent company of European jet maker Airbus says it is in talks to buy back almost half a billion euros worth of its own stock from the French government.

European aerospace giant EADS says in a statement April 15 that the deal would see it buy back 1.56 percent of its shares from the French governmentís current 14.83 percent stake. The company will pay 37.35 euros per share ó about the same as French media group Lagardere was paid when it sold its entire stake last week.

Earlier this month. EADS launched a 3.75 billion euro share buyback program. The French government has also recently indicated its intention to trim its shareholdings. AP

Western cuts bring down global military spending in 2012, but outlays surge in Russia, China

A Swedish-based arms watchdog says world military spending dipped last year for the first time since 1998.

The Stockholm International Peace Research Institute says the world spent $1.75 trillion on its armed forces in 2012, down 0.5 percent from the year before.

SIPRI says military outlays dropped in the austerity-ridden West but rose in Russia, China and other emerging economies, highlighting “what may be the beginning of a shift in the balance of world military spending.”

Still, SIPRI’s report April 15 showed the U.S. remains way ahead of all other countries, accounting for 39 percent of global military spending in 2012. AP




All of this week's top headlines to your email every Friday.


 
 

 

Headlines July 21, 2014

News: IDF releases Iron Dome interception rate - Israel’s Iron Dome system has successfully intercepted 86 percent of the Palestinian rockets that it has engaged during Operation ‘Protective Edge’, according to the Israel Defense Forces.   Business: The turnaround of France’s defense giant Thales - Within seconds of meeting Jean-Bernard Levy it becomes apparent that h...
 
 

News Briefs July 21, 2014

Corruption investigated in Kansas National Guard The Kansas Adjutant General’s office says federal authorities are investigating possible corruption involving outside medical companies’ contracts with the Kansas Army National Guard. Sharon Watson, spokeswoman for the adjutant general’s office, confirmed the investigation Friday to The Lawrence Journal-World but declined to rel...
 
 
Air Force photograph by Rick Goodfriend

B61 undergoes testing in AEDC wind tunnel

Air Force photograph by Rick Goodfriend Arnold Engineering Development Complex engineers recently joined researchers with Sandia National Laboratories to perform a wind tunnel test on a full-scale mock-up B61. Pictured with the...
 

 
Army photograph by Charles Kennedy

New CT scanner finds diverse, important uses for researchers

Army photograph by Charles Kennedy Turning a now-standard tool for medical diagnostics and therapeutics to a host of new applications, the U. S. Army Research Laboratory’s Survivability/Lethality Analysis Directorate rece...
 
 

Ingalls Shipbuilding awarded $23.5 million LHA 8 affordability contract

Huntington Ingalls Industries’ Ingalls Shipbuilding division has been awarded an affordability design contract for $23.5 million for early industry involvement to reduce the construction and life-cycle cost for the amphibious assault ship LHA 8. “Ingalls Shipbuilding has been constructing large-deck amphibious ships for nearly 50 years, and this contract will build on our company...
 
 
Marine Corps photograph

DOD identifies missing World War II Marine

Marine Corps photograph Marines wounded during the landing on Tarawa in November 1943 are towed out on rubber boats to larger vessels that will take them to base hospitals. The Department of Defense POW/Missing Personnel Office...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>