In the news...

April 17, 2013

Headlines

News

U.S. helicopter makes ‘hard landing’ near North Korea border

A U.S. Marine helicopter made a “hard landing” April 16 during a training exercise in South Korea, near the North Korean border. South Korea’s Yonhap news agency reports that the incident with the CH-53 Super Stallion helicopter occurred at a military shooting range in Cherwon.

http://www.huffingtonpost.com/2013/04/16/us-helicopter-north-korea-border_n_3092757.html?utm_hp_ref=world

Business

South Korea to buy $1.6 billion worth of Boeing helicopters

South Korea said April 17 it would buy attack helicopters worth 1.8 billion won ($1.6 billion) from Boeing to improve its ability to respond to threats from North Korea.

http://www.reuters.com/article/2013/04/17/us-korea-usa-helicopter-idUSBRE93G0BW20130417

EADS Buys Back 1.56 percent Stake from French State

Aerospace giant EADS said April 17 it bought 1.56 percent of its own shares held by the French state for 482.7 million euros ($637 million) as part of a wider share buyback program aimed at simplifying its ownership structure and reducing government interference.

http://www.foxbusiness.com/news/2013/04/17/eads-buys-back-156-stake-from-french-state/

Daimler begins sale of its 7.5 percent stake in EADS

German carmaker Daimler began selling its remaining stake in Airbus owner EADS April 16 as part of a wider overhaul of the European aerospace group’s core ownership nearly 13 years after its creation.

http://www.foxbusiness.com/news/2013/04/16/daimler-begins-sale-its-75-percent-stake-in-eads/

Airbus CEO says may increase production in Turkey

EADS unit Airbus is considering increasing production in Turkey and plans to double spending in the country from last yearís $74 million ìvery soon, its chief executive said April 17.

http://www.reuters.com/article/2013/04/17/us-airbus-turkey-idUSBRE93G0GU20130417

Defense

U.S. Air Force says Space Fence safe for now

The U.S. Air Force said April 15 it took steps to fully fund the first increment of a new ground-based radar to track satellites and other objects in space in its fiscal 2014 budget proposal, but there was no funding for a second site for now.

http://www.reuters.com/article/2013/04/16/usa-airforce-space-idUSL2N0D300O20130416

Veterans

VA fights bill to ease benefits for sexual trauma victims

The Veterans Affairs Department opposes bipartisan legislation that would make it easier for military sexual assault victims to receive trauma-related disability benefits ó not because VA officials disagree with the intent, but because they donít think the legislation is necessary.

http://www.airforcetimes.com/article/20130417/BENEFITS06/304170007/VA-fights-bill-ease-benefits-sexual-trauma-victims

International

Iran tests new land-to-sea missile in Persian Gulf, says senior official

Iran test-fired a new land-to-sea ballistic missile in the Gulf, a senior official said April 16, days before an annual ceremony meant to showcase its military muscle at a time of rising tension with the West over its nuclear activity.

http://www.huffingtonpost.com/2013/04/16/iran-tests-new-land-to-sea-missile_n_3090703.html?utm_hp_ref=world




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Headlines October 24, 2014

News: U.S., South Korea delay transfer of wartime control - The U.S. and South Korea have delayed transferring wartime operational control of allied forces by taking on a “conditions-based approach” and scrapping the previously set deadline of 2015.   Business: Exclusive: Lockheed, Pentagon reach $4 billion deal for more F-35 jets - Lockheed Martin and U.S. defense...
 
 

News Briefs October 24, 2014

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Navy photograph

Navy to commission submarine North Dakota

Navy photograph The PCU North Dakota (SSN 784) during bravo sea trials. The crew performed exceptionally well on both alpha and bravo sea trials. The submarine North Dakota is the 11th ship of the Virginia class, the first U.S....
 

 

Boeing announces SF Airlines order for Boeing converted freighters

Boeing announced Oct. 23 that SF Airlines has placed an order for an undisclosed number of 767-300ER passenger-to-freighter conversions (Boeing Converted Freighters). SF Airlines, a subsidiary of Shenzhen, China-based delivery services company SF Express, will accept its first redelivered 767 in the second half of 2015. “SF Express aims to become China’s most respected and...
 
 
LM-C130

Another Super Herc Little Rock Rollin’

  Lockheed Martin delivered another C-130J Super Hercules to the 61st Airlift Squadron at Little Rock Air Force Base, Ark., Oct. 23. Little Rock AFB’s new C-130J was ferried from the Lockheed Martin Aeronautics facility ...
 
 

United Technologies beats third quarter profit expectations

United Technologies Corp. Oct. 23 reported third-quarter profit of $1.85 billion as sales increased across all its businesses and the aerospace giant reported favorable tax settlements. The Hartford, Conn.,-based company said it had profit of $2.04 per share and earnings, adjusted for non-recurring gains, came to $1.82 per share. The results topped Wall Street expectations,...
 




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