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April 29, 2013

Headlines April 29, 2013

News

Four service members die in plane crash in Afghanistan, NATO says

Four international service members have died in a plane crash in southern Afghanistan. Initial reporting of the April 27 crash indicates there was no enemy activity in the area at the time, NATO said.

Pentagon steps up planning for potential military intervention in Syria

The Pentagon has in recent days stepped up planning for potential military intervention in the Syrian civil war, specifically because of growing evidence the regime may have used chemical weapons, CNN has learned.

Virgin Galactic’s spaceship makes first powered flight, goes supersonic in test over California

Virgin Galactic’s SpaceShipTwo made its first powered flight Monday, breaking the sound barrier in a test over the Mojave Desert that moves the company closer to its goal of flying paying passengers on brief hops into space.

 

Business

Eaton first-quarter net up 22 percent on acquisition; sales miss Street view

Eaton Corp.’s first-quarter earnings rose 22 percent with the help of its Cooper Industries acquisition, but revenue growth fell short of Wall Street views as global demand continued to slow.

Lagardere to pay exceptional dividend of Euro 9 per share

French conglomerate Lagardere SCA April 29 said it will pay an exceptional dividend of 9 euros a share from the proceeds of the sale of its 7.4 percent stake in European Aeronautic Defence & Space Co. announced earlier this month.

 

Defense

Defense cuts pose an economic quandary for liberals

Liberals are increasingly facing a conundrum as the Pentagon experiences the deepest cuts in a generation: The significant reductions in military spending that they have long sought are also taking a huge bite out of economic growth.

At Pentagon, need for furloughs varies among services

Through months of hand-wringing over automatic budget cuts facing the federal government, the Defense Department has insisted that most of its 800,000 civilian employees will feel the same pain if the department decides to furlough its workers.

Abrams tank pushed by Congress despite Army’s protests

Built to dominate the enemy in combat, the Army’s hulking Abrams tank is proving equally hard to beat in a budget battle. Lawmakers from both parties have devoted nearly half a billion dollars in taxpayer money over the past two years to build improved versions of the 70-ton Abrams.

 

International

United Kingdom: RAF pilots control unmanned drones on missions against the Taliban from UK soil for the first time

The RAF has carried out unmanned drone missions against the Taliban from British soil for the first time. In an escalation of the war in Afghanistan, raids on extremists were flown by 13 Squadron, operating out of RAF Waddington in Lincolnshire.




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Headlines April 14, 2014

Business: U.S. Navy looks to leverage submarine work to keep costs down - The U.S. Navy hopes to save money and time by leveraging industry investments as it replaces its Ohio-class nuclear-armed submarines with the Virginia-class attack submarines now built by General Dynamics Corp and Huntington Ingalls Industries Inc.  Study raises red flags on California aerospace...
 
 

News Briefs April 14, 2014

U.S. Navy destroyer Zumwalt christened in Maine The U.S. Navy has christened the first ship of its newest class of destroyers, a 610-foot (186-meter)-long warship with advanced technologies and a stealthy design that will reduce its visibility on enemy radars. The warship bears the name of the late Adm. Elmo ìBudî Zumwalt, who became the...
 
 

Headlines April 11, 2014

News: Lawmakers readying legislation to block A-10 cuts - Lawmakers in both the House and Senate are planning legislation to block the Air Force’s plans to retire the A-10.   Business: Navy may delay decision on replacing carrier supply planes - The U.S. Navy is looking for an inexpensive way to replace its aging fleet of 35...
 

 

News Briefs April 11, 2014

450 U.S., Romanian troops in joint military games Some 450 U.S. and Romanian troops and technical staff kicked off joint military exercises in northwestern Romania April 10, flying U.S. F-16 fighter jets alongside Romanian ones. Four F-16s and one Romanian MiG-21 LanceR took off from Romania’s Campia Tarzii military base as the Dacian Viper 2014...
 
 

Headlines April 9, 2014

News: Marine shoots, kills fellow Marine gate guard at Camp Lejeune - The shooting death of a Camp Lejeune gate guard by a fellow Marine April 8 evening was likely the result of a negligent discharge, according to an official at Headquarters Marine Corps, though the incident remains under investigation.   Business: DOD withholds $25.7 million...
 
 

News Briefs April 9, 2014

New program would boost veterans in Hill jobs Members of Congress often urge federal agencies and the private sector to hire military veterans, but a survey suggests they rarely follow that advice with their personal staff. The survey says veterans made up less than 3 percent of the staff in the congressional offices that responded....
 




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