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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 August 28, 2015

Business: Rafale, Mistral on agenda for Le Drian in Malaysia, India – French Defense Minister Jean-Yves Le Drian is due to visit Malaysia Aug. 30, with talks expected to cover the Rafale fighter jet and Mistral helicopter carrier, website La Tribune reported. U.S. Army to choose new landing craft next year – In line with the Pentagon’s...
 
 

News Briefs August 28, 2015

Boeing plans to lay off some Southern California workers Boeing has announced that it plans to lay off employees at its Southern California-based satellite division. The Los Angeles Times reports that the aerospace giant said Aug. 25 that it will lay off as many as several hundred employees at the El Segundo factory. Boeing says...
 
 

Special tactics Airmen killed in hostile incident

Two special tactics airmen, who were deployed in support of Operation Freedom’s Sentinel, were killed near Camp Antonik, Afghanistan, Aug. 26. Capt. Matthew D. Roland, 27, and SSgt. Forrest B. Sibley, 31, were at a vehicle checkpoint when two individuals wearing Afghan National Defense and Security Forces uniforms opened fire on them. NATO service members...
 

 

Headlines August 26, 2015

News: U.S. F-22s deploying to Europe – Weeks after top Pentagon officials began openly calling Russia the greatest threat to the United States, the Air Force is preparing to deploy the F-22 Raptor to Europe for the first time.   Business: Lockheed pays $4.8 million to settle illegal lobbying claim – Sandia Corp. and parent company Lockheed...
 
 

Headlines August 24, 2015

News: Sources: Congress mulls full-year continuing resolution – With a Sept. 30 deadline looming, the Pentagon is coming to grips with the reality that it will be operating under the stop-gap spending measure known as a continuing resolution for the near future.   Business: JLTV award could reorder vehicle industry – The U.S. Army is poised to...
 
 

Headlines August 21, 2015

News: Defense secretary: We’re looking at U.S. sites for Gitmo detainees – Pentagon teams are examining sites in the United States to move terror detainees currently held at the naval base at Guantanamo Bay, Cuba, Defense Secretary Ash Carter said Aug. 20. F-16 pilot remains hospitalized after ground crash at Nellis Air Force Base – An Air...
 




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