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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 March 27, 2015

News General Dynamics withdraws as T-100 prime contractor General Dynamics Information Systems and Technology has withdrawn itself as the prime contractor on the T-100, the offering for the T-X trainer replacement program based on the Alenia Aermacchi M-346 design.   Business SpaceX’s fight with U.S. Air Force called a clash of perceptions Billionaire Elon Musk’s...
 
 

News Briefs March 27, 2015

Contractor extradited from Iraq pleads guilty in bribes case A man extradited from Iraq in a military contract bribery case has pleaded guilty to three charges in an agreement with federal prosecutors. U.S. District Judge Thomas Rose has scheduled sentencing for July 1 for Metin Atilan. His attorney, Nick Gounaris, says the two sides agreed...
 
 

Headlines March 25, 2015

News: Obama says more troops will stay in Afghanistan next year - President Obama March 24 formally abandoned his pledge to bring U.S. troop levels in Afghanistan down to 5,000 by the end of this year, saying the current force of about 10,000 will remain there into 2016.   Business: U.S. special ops to sole-source 2,000...
 

 

News Briefs March 25, 2015

Pentagon notifying U.S. troops named by alleged IS hackers The Pentagon said March 23 it is notifying 100 U.S. military members that their names and addresses were posted on the Internet by a group calling itself the Islamic State Hacking Division. The group said it was posting the information, including photos of the individuals, to...
 
 

Headlines March 23, 2015

News: House aides preview major Pentagon reforms - Reform of the Pentagon’s weapons buying habits will lead Rep. Mac Thornberry’s agenda as head of the House Armed Services Committee say committee aides, a long-term plan the Texas Republican will formally outline March 23 at a Washington think tank.   Business: Lockheed fixing software glitch with GPS...
 
 

News Briefs March 23, 2015

Arizona Veterans Courts push counseling, not jail for veterans Arizona military veterans who land in court for minor offenses are also landing second chances. Judges and prosecutors across the state have been holding Veterans Courts to make sure defendants who may have physical and mental battle wounds get rehabilitation instead of jail time. The Arizona...
 




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