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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 March 4, 2015

News: Pentagon: Another BRAC will save money - Pentagon planners have a new pitch to lawmakers skeptical of a fresh round of base closings: We promise we’ll save money this time.   Business: China’s new C919 will begin test flights this year - China’s new superjet will take to the skies for the first time later this...
 
 
Air Force photograph by SrA. Jensen Stidham

World War II pilot reunited with P-47

Air Force photograph by SrA. Jensen Stidham Retired Air National Guard Chief Warrant Officer 2 Robert Hertel, laughs while under the wing of a P-47 Thunderbolt during the Heritage Flight Training and Certification Course Feb. 2...
 
 

News Briefs March 4, 2015

General: 8,500 Islamic State fighters killed in Iraq so far The U.S.-led military coalition in Iraq has killed more than 8,500 Islamic State fighters since its bombing campaign began in August, the top general overseeing the coalition said March 3. Army Gen. Lloyd Austin, the commander of U.S. Central Command, said the Islamic State, which...
 

 
Lockheed Martin photograph

Turning up the heat

Lockheed Martin photograph Lockheed Martin ATHENA laser weapon system defeats a truck target by disabling the engine, demonstrating its military effectiveness against enemy ground vehicles. Latest evolution of Lockheed Martin l...
 
 

USO Visit

Air Force photograph by Jet Fabara Actor Vince Vaughn speaks with Edwards Airmen and 412th Security Forces Squadron members at the base library before introducing an advance screening of his new movie, “Unfinished Business,” at the base theater Feb. 28.
 
 

Sikorsky S-97 RAIDERô team begins final assembly of second aircraft

Sikorsky Aircraft Corp., a subsidiary of United Technologies Corp., announced March 4 the start of final assembly of the second S-97 RAIDERô helicopter at the company’s Development Flight Center. Along with a team of industry suppliers, Sikorsky is developing two RAIDERô prototypes to demonstrate the revolutionary new capabilities in improved maneuverability and flight speed. The...
 




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