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August 2, 2013

Headlines August 2, 2013

News

Canceling F-5 said to be among Pentagon options

Canceling the $391.2 billion program to build Lockheed Martin’s F-35 fighter jet is among options the Pentagon listed in its “strategic review of choices if forced to live with automatic budget cuts, according to people familiar with Defense Department briefings.

Pentagon to investigate allegations of waste, fraud, abuse in Joint POW-MIA Accounting Command

The Pentagon is investigating alleged waste and misuse of taxpayer dollars by a military-led unit responsible for finding, recovering and identifying U.S. service members missing in action from past conflicts.

 

Business

Lockheed Martin’s F-35 faces ‘significant challenges,’ panel says

The Senate committee that approves defense spending said in a report Aug. 1 that “significant challenges remain” for Lockheed Martin’s F-35 even as progress is made.

BAE Systems looks to Saudi deal

Despite cuts to military budgets around the world, yesterday’s update from BAE Systems gave investors more confidence in its outlook. However, the outcome of discussions with Saudi Arabia over Typhoon fighters is vital if it is meet new full–year guidance.

Small defense contractors rebound as budget concerns fade

In five months leading up to the automatic U.S. budget cuts that unnerved defense industry executives, Kratos Defense & Security Solutions’ stock price plunged 29 percent. Since March 1, San Diego-based Kratos has surged 59 percent.

Finmeccanica confirms fiscal year targets after second quarter net loss

Finmeccanica reaffirmed July 31 its 2013 targets after posting a second quarter net loss of $92 million due to a provision on a Belgium train order and higher costs to restructure its defense electronics unit Selex ES.

 

Defense

Pentagon officials press Congress for more time on budget cuts

A day after the Pentagon outlined the stark choices it confronts due to looming budget cuts in coming years, top defense officials pressed Congress to give them more time and flexibility to make the reductions without undermining security.

Senators join push toward a common combat uniform

The powerful Senate Appropriations Committee has joined the campaign to get the services to share a common combat uniform, including a provision in a 2014 defense funding bill that would put an immediate end to the development and fielding of service-unique utility uniforms.

 

Veterans

DOD silent on major changes to Tricare Prime

More than 170,000 retired military personnel and their family members face significant changes to their medical care on Oct. 1, yet the Pentagon has been strangely silent on the coming changes, sending out just one notification letter earlier this year that contained scant details.

July saw slight bump up in veterans jobless rate

The unemployment rate for veterans edged up in July in an economy that grew 162,000 jobs, the Labor Department’s Bureau of Labor Statistics reported Aug. 2.

Veteran disqualification a ‘regrettable mistake,’ but BVA official denies whistleblower retaliation

A Bonneville Power Administration official acknowledged Thursday that the federal hydropower agency made a “regrettable mistake” when it wrongly disqualified some veterans from hiring preferences, but she insisted that officials did not retaliate against whistleblowers who brought the situation to light.

Incredible footage reveals how French World War Two prisoners secretly filmed life in their POW camp

Their crude camera was smuggled into the camp in sausages and carefully hidden away in a hollowed out dictionary. The precious 8mm film stored in the soles of their home made shoes. Had they been discovered it would have likely meant a firing squad.

 

Space

Astronaut describes the terrifying moment his helmet began to fill with water

An astronaut has described the moment he realized his pressurized helmet began to fill with water, covering his eyes, ears and nose, while he was carrying out a mission at the International Space Station. Italian astronaut Luca Parmitano was at the beginning of a six-and-a-half hour spacewalk with U.S. colleague Chris Cassidy when cooling water began streaming from the air vent in his space suit and into his helmet.




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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...
 
 
Army photograph by C. Todd Lopez

Army to launch cruise missile-detecting aerostat at Aberdeen Proving Ground

Army photograph by C. Todd Lopez The Army plans to launch an aerostat, part of the “Joint Land Attack Cruise Missile Defense Elevated Netted Sensor,” in late December 2014. The JLENS aerostat will be tethered to the...
 

 
Air Force photograph by SrA. Jordan Castelan

AF delivers Iraqi F-16s for training in US

Air Force photograph by SrA. Jordan Castelan Iraqi air force captain Hama conducts preflight inspections while inside a new to service Iraqi F-16 Fighting Falcon Dec. 17, 2014, located at the nearby Tucson International Airport...
 
 
Air Force photograph by SSgt. Derek VanHorn

Short-notice: A new way to exercise

Air Force photograph by SSgt. Derek VanHorn Airmen from Kadena Air Base, Japan, prepare for an aeromedical evacuation exercise on a KC-135 Stratotanker Dec. 5, 2014, at Misawa Air Base, Japan. The operation was executed in supp...
 
 
Lockheed Martin photograph by Andy Wolfe

Japan, Australia to provide F-35 maintenance sites in Pacific region

Lockheed Martin photograph by Andy Wolfe An F-35C Lightning II joint strike fighter carrier variant prepares to launch from the aircraft carrier USS Nimitz in the Pacific Ocean, Nov. 6, 2014. Japan and Australia will be sharing...
 




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