In the news...

June 12, 2013

Headlines June 12, 2013

News

Top military leader says Army special forces never told to stand down after Benghazi attack

The chairman of the Joint Chiefs of Staff said June 12 that four members of Army special forces in Tripoli were never told to stand down after last year’s deadly assault on the U.S. diplomatic mission in Benghazi, Libya, disputing a former top diplomat’s claim that the unit might have helped Americans under siege.

Bills to lower vets’ tuition face opposition from schools

Bipartisan legislation that would force public colleges and universities to charge only in-state tuition rates to troops and veterans — if they want to keep receiving GI Bill payments — is facing strong opposition from schools that could see revenues drop under the proposal.

 

Business

Bell, Boeing to get order for 99 more V-22 Ospreys

The U.S. Navy plans to sign this week a five-year contract valued at just under $6.5 billion to buy 99 V-22 Osprey tilt-rotor aircraft built by Boeing and Bell Helicopter, a unit of Textron Inc., the program’s manager said June 20 in an interview.

EADS backs off goal of $10 billion in U.S. revenues by 2020

European aerospace and defense company EADS likely will fail to meet its goal of generating $10 billion in non-Airbus revenues in the U.S. market by 2020 unless it makes a big acquisition, the head of EADS North America said June 12.

BAE Systems appoints U.K. business veteran Roger Carr as chairman

BAE Systems has appointed Centrica’s Roger Carr to be its new chairman, placing its trust in the 66-year-old British business veteran to steer Europe’s biggest defense contractor through a time of shrinking budgets in the United States and Europe.

Boeing raises jetliner demand forecast

Boeing upgraded its 20-year forecast for airplane demand as aerospace firms heading to next week’s Paris Air Show look beyond the financial crisis to pin their hopes on Asia.

BAE says Asian, Middle Eastern jet demand to offset Western cuts

Sales of combat aircraft in the Middle East and Asia will more than compensate for cutbacks in U.S. and European spending, Britain’s BAE Systems predicted June 11.

Tighter oversight of aircraft design urged by FAA

U.S. regulators want to tighten oversight of aircraft-industry suppliers, such as the subcontractors that helped Boeing design and build the 787’s batteries, to reflect lessons learned from the plane’s grounding.

Was Boeing’s reputation hurt by 787 problems?

John McGraw, founder of John McGraw Aerospace Consulting, discusses the lessons learned from the 787 battery problems. He speaks with Mark Crumpton on Bloomberg Television’s “Bottom Line.”

Carlyle’s Arinc draws takeover interest from GE, Rockwell-sources

Carlyle Group LP’s aerospace communications firm Arinc Inc has drawn early takeover interest from industry conglomerates and private equity firms in an auction that may fetch between $1.3 billion and $1.4 billion, several people familiar with the matter said.

 

Defense

Hagel says budget forces review of outside contractors such as NSA leaker

Defense Secretary Chuck Hagel says the Pentagon is reviewing all private contractors as the department deals with budget cuts and the lucrative payment to an NSA leaker casts a spotlight on the outside work.

Military sexual assault proposal dropped from defense spending bill

Senate Armed Services Committee Chairman Carl Levin has sided with the Pentagon brass and has removed a measure from a defense spending bill that would have given military prosecutors and not commanders the power to decide what sexual assault cases to try, The New York Times reported.

 

Veterans

VA at ‘tipping point’ of breaking claims backlog

A top Veterans Affairs Department official reported Wednesday that VA may have broken the back of its claims backlog, the most vexing problem facing the department in the Post-9/11 era.

 

Space

Shenzhou-10: China launches next manned space mission 

Three astronauts blasted away from the Jiuquan base in Inner Mongolia on a Long March 2F rocket June 11. The commander, Nie Haisheng, and his crew, Zhang Xiaoguang and Wang Yaping, plan to spend just under two weeks at the orbiting Tiangong space lab.

Black hole caught napping after meal

A black hole 11 million light-years away has gone dormant, a decade after being spotted consuming cosmic debris. The black hole lies at the center of the Sculptor galaxy, a so-called starburst galaxy where stars are being born at a prodigious rate.

 

Tech

Visions of the future of flying

A aircraft with a lace-like structure may not seem like the best way to fly, but it is one of a range of radical ideas about how we may travel in the future.




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