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.
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.
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 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 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 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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.”