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July 26, 2013

Headlines July 26, 2013

News

GPS flaw could let terrorists hijack ships, planes

The world’s GPS system is vulnerable to hackers or terrorists who could use it to hijack ships – even commercial airliners, according to a frightening new study that exposes a huge potential hole in national security.

 

Business

Arms makers boost profits despite Pentagon budget headwinds

U.S. arms makers reported higher quarterly earnings on Wednesday despite Pentagon budget cuts, with many raising their full-year forecasts, but the companies’ order books showed an increasingly tough market.

Lockheed to Northrop rise as profits defy budget alarms

After warnings that U.S. budget cuts would devastate the defense industry, there top weapons makers this week announced second-quarter profits that beat analysts’ estimates.

Spirit surges on speculation GKN will buy for $5 billion

Spirit Aerosystems Holdings, the aerospace supplier that makes parts for Boeing and Airbus, jumped to an 11-month high after the Daily Mail said GKN Plc is readying a takeover bid for about $35 a share.

Rolls-Royce CEO sharpens cost focus as sales help profit

Rolls-Royce Holdings Plc Chief Executive Officer John Rishton said he wants to halt a sustained increase in costs to bring profit inline with competitors.

General Dynamics second quarter profit beats estimates

General Dynamics Corp. reported second quarter profit that beat analysts’ estimates as higher Gulfstream business jet sales helped offset declining revenue at the unit that produces military vehicles and munitions.

Raytheon raises forecast as profit beats street

U.S. weapons maker Raytheon July 25 reported higher-than-expected earnings and revenue for the second quarter and joined other major defense companies in raising its forecast for the full year despite Pentagon budget cuts.

 

Defense

House passes Pentagon spending bill with no aid to Egypt

The House voted July 24 to give the U.S. Army and Navy more procurement money than they sought for fiscal 2014 – funds designated for Blackhawk helicopters made by United Technologies Corp. and Patriot missile interceptors from Lockheed Martin.

Pentagon mulling separate combat training for men, women

The military is looking at ways to modify its training for women to help them qualify for direct ground combat roles in the infantry, tanks and special operations. Senior officers revealed the new effort this week at a hearing of the House Armed Services subcommittee on personnel.

 

Veterans

VA looks for help in fight to end homelessness

The number of homeless veterans in the U.S. has decreased by 17 percent since 2009 — but many of these men and women are put in apartments without furniture, paid utilities or even toilet paper, according to advocates.

Coast Guard to retrieve World War II remains buried in ice

When an Army Air Forces B-17 crashed on the Greenland ice cap during World War II, two Coast Guardsmen volunteered for the rescue mission to retrieve the lost crew.

 

Space

Revealed: How galaxies go from burst to bust

Images from a nearby galaxy may have explained how star factories can bizarrely slow down, astronomers reported July 24. Astrophysicists have long puzzled why the Universe has very few galaxies with a high mass, even though there are many galaxies that create stars at a phenomenal rate, sometimes a hundred times greater than our own Milky Way.

‘Neil Armstrong thought the moon was beautiful, but I thought it was desolate’

Buzz Aldrin, the second man to walk on the moon, has confessed that he didn’t share Neil Armstrong’s enthusiasm about the beauty of it when they arrived there. Speaking to Sir David Frost in an interview he described the moon as ‘desolate’ and totally lifeless’ up close, sharing his first impressions of the moon.

 

International

EU planning to ‘own and operate’ spy drones and an air force

The European Union is planning to “own and operate” spy drones, surveillance satellites and aircraft as part of a new intelligence and security agency under the control of Baroness Ashton. The controversial proposals are a major move towards creating an independent EU military body with its own equipment and operations, and will be strongly opposed by Britain.

United Kingdom: Army morale drops for third year says MoD study

The Ministry of Defence’s annual survey of Armed Forces attitudes found the proportion of soldiers who said they had high morale fell to two fifths, dropping five per cent since last year.

Scotland: Alex Salmond accused of ‘talking down’ Royal Navy

The First Minister attacked the Navy for having no surface vessels based in Scotland and the presence of Trident submarines, based at Faslane on the Clyde. In the face of fierce criticism of his security plans by independent experts, he said he would seek cross-party consensus on a defense strategy after independence and insisted this was not the “soft option.”




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Headlines March 23, 2015

News: Obama says more troops will stay in Afghanistan next year - President Obama March 24 formally abandoned his pledge to bring U.S. troop levels in Afghanistan down to 5,000 by the end of this year, saying the current force of about 10,000 will remain there into 2016.   Business: U.S. special ops to sole-source 2,000...
 
 

News Briefs March 25, 2015

Pentagon notifying U.S. troops named by alleged IS hackers The Pentagon said March 23 it is notifying 100 U.S. military members that their names and addresses were posted on the Internet by a group calling itself the Islamic State Hacking Division. The group said it was posting the information, including photos of the individuals, to...
 
 

Headlines March 23, 2015

News: House aides preview major Pentagon reforms - Reform of the Pentagon’s weapons buying habits will lead Rep. Mac Thornberry’s agenda as head of the House Armed Services Committee say committee aides, a long-term plan the Texas Republican will formally outline March 23 at a Washington think tank.   Business: Lockheed fixing software glitch with GPS...
 

 

News Briefs March 23, 2015

Arizona Veterans Courts push counseling, not jail for veterans Arizona military veterans who land in court for minor offenses are also landing second chances. Judges and prosecutors across the state have been holding Veterans Courts to make sure defendants who may have physical and mental battle wounds get rehabilitation instead of jail time. The Arizona...
 
 

Headlines March 18, 2015

News: Predator UAV lost over Syria - An MQ-1 Predator was lost March 17 while flying over northwest Syria, according to a defense official. Air Force blasted for defying Congress over Russian rocket ban - Top lawmakers are angrily accusing the Air Force of slow-walking a congressional mandate to stop using Russian rocket engines for spy satellite...
 
 

News Briefs March 18, 2015

Moldovan president calls for closer cooperation with NATO Moldova’s president says the former Soviet republic should cooperate closer with NATO to boost its security because it faces the threat of a military conflict with Russia. President Nicolae Timofti said in a television interview March 17 that he was concerned about what he called ìthreats to...
 




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