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June 28, 2013

Headlines June 28, 2013

Business

U.S. leads global arms exports surge

Worldwide arms exports are surging. They’re up nearly 30 percent since 2008, according to a new report from defense analyst IHS Jane’s. Weapons exports totaled $73 billion in 2012, up from $57 billion four years earlier. Total worldwide defense spending in 2012 was $1.6 trillion.

 

Defense

U.S. $780 million Afghan aircraft purchase ‘wasteful’

A U.S. watchdog has advised the Pentagon to ground plans to spend $780m on 48 aircraft for the Afghan military, as their pilots lack expertise.

An Army post with few fighting troops

In axing a dozen combat brigades in the face of steep spending cuts and the wind-down of two wars, the Army says it is trying to ease the sting by spreading it around.

 

Space

Voyager surfs solar system’s edge

“It could be any day, but it could also be several more years.” Ed Stone cannot say when the Voyager-1 spacecraft will leave the solar system, but he believes the moment is close.




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Headlines December 19, 2014

News: SpaceX’s attempt to land rocket on floating barge postponed - It’s set to be one of the most groundbreaking moments in humanity’s six decades of space exploration. Obama signs $1.1 trillion spending bill into law - President Obama signed the $1.1 trillion federal spending measure into law Dec. 16, officially ending any threat of a government...
 
 

News Briefs December 19, 2014

Trial set for ex-Navy engineer in military secrets case A former Navy civilian engineer is scheduled to stand trial next summer on charges of trying to steal aircraft carrier schematics. Media outlets report that 35-year-old Mostafa Awwad of Yorktown, Va., pleaded not guilty Dec. 17 to two counts of attempted exportation of defense articles and...
 
 

Lockheed to settle suit over retirement accounts

Lockheed Martin agreed Dec. 16 to settle a federal class-action lawsuit accusing the aerospace and defense behemoth of mismanaging the investment accounts of its employees and retirees, charging the investors high fees along the way. The tentative deal announced in federal court in Illinois’ East St. Louis averted an anticipated four-week trial in the 8-year-old...
 

 

Headlines December 17, 2014

News: U.S. Air Force tanker platform slated for year-end debut - Boeing is planning for first flight of its 767-2C – upon which the U.S. Air Force’s new KC-46 tanker will be based – by year’s end, six months late. Northrop Grumman wins $657.4 million deal to supply drones to South Korea - Northrop Grumman has won...
 
 

Headlines December 15, 2014

News: Defense authorization bill heads to White House - Senate lawmakers finalized work on the $584.2 billion annual defense authorization bill Dec .12, putting in place a 1 percent pay raise for troops starting in January and limiting growth in housing allowance rates. Senators make final push for vets suicide-prevention bill - An effort to get a...
 
 

News Briefs December 15, 2014

Official: Afghan insurgents kill two U.S. troops An international military official has told The Associated Press that an insurgent attack on a convoy in eastern Afghanistan has killed two U.S. troops. The official says the attack happened by the Bagram air base in Parwan province near the capital, Kabul, late Dec. 12. The official spoke...
 




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