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May 10, 2013

Headlines May 10, 2013

Business

Boeing aims to keep building F/A-18 jets through 2020

Boeing could keep building its Super Hornet fighter jet and a modified electronic attack version through 2020, the company said, given prospects for over 200 foreign sales and what it sees as up to 150 more sales to the U.S. Navy.

Bombardier says CSeries on track; revenue jumps

Bombardier Inc. said its CSeries jetliner was on track to make its first lfight in June, and the world’s No. 4 commercial aircraft maker reported a 25 percent jump in first-quarter revenue on robust growth at its aerospace unit.

Blackstone hires former Boeing executive to boost aerospace team

Blackstone Group LP hired former senior Boeing executive Jim Albaugh to boost the firm’s private equity activities in the aerospace and defense sector.

BAE says EADS deal was ‘window of opportunity’ that’ s now closed

BAE Systems Chairman Dick Olver said the attempted merger with European Aeronautics, Defence and Space Co. last year came at a moment that wont’ return anytime soon, as the company resumes its focus on bolt-on purchases.

Companies say decades-old national-security policies hurt sales

Rob Smith’s Pennsylvania company, Acutec Precision Machining Inc., makes inch-long fasteners that are used in the wings of airplanes. In 2006 he tried selling them abroad for the first time.

 

Defense

Navy $37 billion ships seen unsuitable have two-year window

The U.S. Navy has two years to convince critics, from lawmakers to some in its own ranks, that its troubled $37 billion Littoral Combat Ship program is worth continuing beyond the 24 vessels already under contract.

 

Veterans

Prince Harry pays respects at Arlington National Cemetery

After a whirlwind first day in the nation’s capital that included a visit to Capitol Hill, The White House and the British Ambassador’s residence, Prince Harry was up bright and early and in uniform for a somber visit to Arlington National Cemetery.

Harry’s tribute to America’s fallen

Prince Harry has paid his respects to the country’s fallen soldiers at Arlington National Cemetery – a somber visit that comes in stark contrast to the hysteria on his arrival in the United States May 9.

 

Space

Leak in space station’s radiator may require emergency spacewalk, NASA says

An emergency spacewalk may be in the cards for the six residents of the International Space Station, a NASA spokesman told FoxNews.com, to resolve a radiator leaking small white flakes of ammonia into the cold reach of space.

Most powerful star explosion ever seen

Two NASA space telescopes have captured what appears to be the most powerful star explosion ever detected, a cosmic event so luminous that scientists dubbed it “eye-wateringly bright” despite being 3.6 billion light-years from Earth.

 

International

United Kingdom: Soldiers’ jobs spared by redundancy volunteers

Thousands of soldiers are waiting to hear if they have lost their jobs as part of cuts to bring the regular Army down to 82,000 troops by 2020. Military chiefs announced in January that they would make 5,300 job cuts over the next year in the biggest tranche of job losses to hit the Army since the 1990s.

United Kingdom: Aircraft carrier ‘omnishambles’ wastes £100 million

The National Audit Office said that the decision to delay spending on a new radar system named Crowsnest will mean that any new aircraft carrier will not be fully operational until 2022, two years later than promised.

Australia reaches helicopter fix with Eurocopter

Australia’s military has reached agreement with Eurocopter’s local subsidiary to fix problems with its MRH-90 transport helicopter that could see the troubled aircraft cleared later this year, the government said May 9.

 

Viewpoint

The sequester is here to stay — now the military needs to get to work

by Mackenzie Eaglen, Fox News

The sequester has been law for almost two years. But the Pentagon’s delayed planning for implementing it has now made it easier for Congress to keep massive defense cuts on the books.




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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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