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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 October 24, 2014

News: U.S., South Korea delay transfer of wartime control - The U.S. and South Korea have delayed transferring wartime operational control of allied forces by taking on a “conditions-based approach” and scrapping the previously set deadline of 2015.   Business: Exclusive: Lockheed, Pentagon reach $4 billion deal for more F-35 jets - Lockheed Martin and U.S. defense...
 
 

News Briefs October 24, 2014

French moving troops toward Libyan border A top French military official says the country is moving troops toward the Libyan border within weeks and, along with U.S. intelligence, is monitoring al Qaeda arms shipments to Africa’s Sahel region. A French base will go up within weeks in a desert outpost just a hundred kilometers (60...
 
 
Navy photograph

Navy to commission submarine North Dakota

Navy photograph The PCU North Dakota (SSN 784) during bravo sea trials. The crew performed exceptionally well on both alpha and bravo sea trials. The submarine North Dakota is the 11th ship of the Virginia class, the first U.S....
 

 

Boeing announces SF Airlines order for Boeing converted freighters

Boeing announced Oct. 23 that SF Airlines has placed an order for an undisclosed number of 767-300ER passenger-to-freighter conversions (Boeing Converted Freighters). SF Airlines, a subsidiary of Shenzhen, China-based delivery services company SF Express, will accept its first redelivered 767 in the second half of 2015. “SF Express aims to become China’s most respected and...
 
 
LM-C130

Another Super Herc Little Rock Rollin’

  Lockheed Martin delivered another C-130J Super Hercules to the 61st Airlift Squadron at Little Rock Air Force Base, Ark., Oct. 23. Little Rock AFB’s new C-130J was ferried from the Lockheed Martin Aeronautics facility ...
 
 

United Technologies beats third quarter profit expectations

United Technologies Corp. Oct. 23 reported third-quarter profit of $1.85 billion as sales increased across all its businesses and the aerospace giant reported favorable tax settlements. The Hartford, Conn.,-based company said it had profit of $2.04 per share and earnings, adjusted for non-recurring gains, came to $1.82 per share. The results topped Wall Street expectations,...
 




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