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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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Lockheed Martin photograph

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