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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 October 22, 2014

News: Northrop challenges 3DELRR contract award - Northrop Grumman has formally issued a protest against the US Air Force’s decision to award its next-generation ground based radar to competitor Raytheon.   Business: Defense firms prefer GOP, but spread campaign cash between political parties - For every campaign contribution from a major arms manufacturer to a Republican candidate...
 
 

News Briefs October 22, 2014

Military converges on scene of Kansas jet crash Military personnel are investigating at the site in southeast Kansas where an Oklahoma Air National Guard fighter jet crashed after a midair collision with another one during a training exercise. The F-16 crashed Oct. 20 in a pasture about three miles northeast of Moline, an Elk County...
 
 
Courtesy photograph

Upgrades ‘new normal’ for armor in uncertain budget environment

Courtesy photograph The current Paladin is severely under-powered and overweight so its speed of cross-country mobility is pretty restricted. The Paladin Integrated Management program is designed to address a number of these we...
 

 

ISR: A critical capability for 21st century warfare

The progressive adaptations and breakthroughs made in the intelligence, surveillance and reconnaissance arena have changed the way wars are fought, and the way commanders think about the battlespace. “Whether we have airmen exploiting full motion video data or serving downrange in the (Central Command) area of responsibility, these individuals make up an enterprise of 30,000...
 
 

Lockheed Martin teams with Roketsan of Turkey on new standoff missile for F-35

Roketsan and Lockheed Martin signed a teaming agreement Oct. 22 for collaboration on the SOM-J, a new generation air-to-surface Standoff Cruise Missile for the F-35 Lightning II. The SOM system is an autonomous, long-range, low-observable, all-weather, precision air-to-surface cruise missile. The SOM-J variant is tailored for internal carriage on the F-35 aircraft. The companies will...
 
 

Army Operating Concept expands definition of combined arms

The Army Operating Concept, published Oct. 7, expands the idea of joint combined-arms operations to include intergovernmental and special operations capabilities, said Gen. Herbert R. McMaster Jr. The new concept includes prevention and shaping operations at the strategic level across domains that include maritime, air, space and cyberspace, he said. It’s a “shift in emphasis,”...
 




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