In the news...

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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Air Force photograph by MSgt. Chuck Marsh

‘NORAD Tracks Santa’: Bringing him to a home near you

Air Force photograph by MSgt. Chuck Marsh Volunteers monitor phones and computers to talk with children while tracking Santa Claus at the North American Aerospace Defense Command Tracks Santa Operations Center at Peterson Air F...
 
 

Headlines December 24, 2014

Business: Boeing, U.S. Navy in talks about stretching EA-18G jet production - The U.S. Navy Dec. 19 said it was in talks with Boeing Co about slowing production of its EA-18G electronic attack jets to keep the St. Louis facility running through the end of 2017, after Congress approved funding for 15 more planes. Navy’s $2.5...
 
 

News Briefs December 24, 2014

Chinese military plane crashes; two deaths reported A Chinese military plane crashed in the country’s northwest Dec. 22 and a news website says at least two people were killed. The plane crashed at about 3 p.m. near the city of Weinan, about 600 miles west of Beijing, in Shaanxi province, according to the local fire...
 

 
LM-exoskeleton

Lockheed Martin’s exoskeleton wins design awards, honors

Lockheed Martin’s FORTIS exoskeleton received several accolades in 2014 highlighting its innovative technology design and its benefit to users in an industrial setting. This year, FORTIS was recognized with a Gold Spark Award...
 
 

DOD releases 2015 military pay, compensation rates

Dec. 22, the Department of Defense announced the 2015 military pay and compensation rates for service members, with most service members receiving a one percent increase in basic pay. The new rates for basic pay, basic allowance for housing, basic allowance for subsistence, and the cost of living allowance rates for the contiguous United States...
 
 

Astronics to scquire Armstrong Aerospace

Astronics Corporation, a leading provider of advanced technologies for the global aerospace and defense industries, announced today that it has entered into a definitive agreement to acquire Armstrong Aerospace for approximately $51 million. The agreement is expected to close in January 2015, subject to normal closing requirements. Armstrong Aerospace, located in Itasca, Illinois, is a...
 




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