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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




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Headlines April 18, 2014

Business: Lockheed to Lose 17 F-35s Under Automatic Pentagon Cuts - Pentagon will cut 17 of the 343 F-35 fighters it planned to buy from Lockheed Martin in fiscal 2016 through 2019 unless Congress repeals automatic budget cuts, according to a new Defense Department report. DOD looking for ways not to break MH-60R helo deal - The...
 
 

News Briefs April 18, 2013

U.S. military deaths in Afghanistan at 2,177 As of April 15, 2014, at least 2,177 members of the U.S. military had died in Afghanistan as a result of the U.S.-led invasion of Afghanistan in late 2001, according to an Associated Press count. At least 1,802 military service members have died in Afghanistan as a result...
 
 
LM-F35-hours

F-35 fleet surpasses 15,000 flying hours

The Lockheed Martin F-35 Lightning II fleet recently surpassed 15,000 flight hours, marking a major milestone for the program.  “Flying 15,000 hours itself demonstrates that the program is maturing, but what I think is e...
 

 
nasa-cassini

NASA Cassini images may reveal birth of new Saturn moon

NASA’s Cassini spacecraft has documented the formation of a small icy object within the rings of Saturn that may be a new moon, and may also provide clues to the formation of the planet’s known moons. Images taken w...
 
 

NASA completes LADEE mission with planned impact on Moon’s surface

Ground controllers at NASA’s Ames Research Center in Moffett Field, Calif., have confirmed that NASA’s Lunar Atmosphere and Dust Environment Explorer spacecraft impacted the surface of the moon, as planned, between 9:30 and 10:22 p.m., PDT, April 17. LADEE lacked fuel to maintain a long-term lunar orbit or continue science operations and was intentionally sent...
 
 
Photograph courtesy of NASA Ames/SETI Institute/JPL-Caltech

NASA’s Kepler telescope discovers first Earth-size planet in ‘habitable zone’

Photograph courtesy of NASA Ames/SETI Institute/JPL-Caltech Kepler-186f resides in the Kepler-186 system about 500 light-years from Earth in the constellation Cygnus. The system is also home to four inner planets, seen lined up...
 




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