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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 December 22, 2014

News: Report: DOD bomb hunters pried into U.S. firms, citizens - During some of the bloodiest days of U.S. combat in Afghanistan and the roadside bomb threat there, the Pentagon’s Joint IED Defeat Organization “improperly collected” intelligence on U.S. citizens and corporations to try to stem the threat, a Pentagon Inspector General report has found.  ...
 
 

News Briefs December 22, 2014

U.K., Canadian military leaves to join Ebola fight Reservists and troops from Britain and Canada have left for Sierra Leone to help in the battle to contain the Ebola virus outbreak. British officials said Dec. 20 that 16 reservists and 100 regular military personnel left on a morning flight from the Brize Norton military airbase....
 
 

Navy helicopter crashes in Kuwait; all crewmembers ok

A U.S. Navy MH-60S helicopter assigned to Helicopter Sea Combat Squadron 26 (HSC 26) crashed at 11:22 a.m., EST, Dec.21, while on an overland training flight at Camp Buehring, Kuwait. All six personnel aboard the helicopter survived the crash and were transported to nearby medical facilities for evaluation. Three of the six crewmembers sustained minor...
 

 

Headlines December 19, 2014

News: SpaceX’s attempt to land rocket on floating barge postponed - It’s set to be one of the most groundbreaking moments in humanity’s six decades of space exploration. Obama signs $1.1 trillion spending bill into law - President Obama signed the $1.1 trillion federal spending measure into law Dec. 16, officially ending any threat of a government...
 
 

News Briefs December 19, 2014

Trial set for ex-Navy engineer in military secrets case A former Navy civilian engineer is scheduled to stand trial next summer on charges of trying to steal aircraft carrier schematics. Media outlets report that 35-year-old Mostafa Awwad of Yorktown, Va., pleaded not guilty Dec. 17 to two counts of attempted exportation of defense articles and...
 
 

Lockheed to settle suit over retirement accounts

Lockheed Martin agreed Dec. 16 to settle a federal class-action lawsuit accusing the aerospace and defense behemoth of mismanaging the investment accounts of its employees and retirees, charging the investors high fees along the way. The tentative deal announced in federal court in Illinois’ East St. Louis averted an anticipated four-week trial in the 8-year-old...
 




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