In the news...

August 23, 2013

Headlines August 21, 2013

News

Pentagon weights firing thousands under 2014 spending cuts

The Defense Department may have to fire at least 6,272 civilian employees if automatic cuts known as sequestration slice $52 billion from its fiscal 2014 budget, according to a Pentagon planning document.

 

Business

Lockheed eyes 40 percent savings on next F-35 logistics contract

Lockheed Martin said it is close to an agreement with the Pentagon for a more portable and 40 percent cheaper version of the operations and logistics system that controls the F-35 fighter, the Pentagon’s most expensive weapons program.

Mitsubishi Jet gets U.S. buyers’ backing after delay

Mitsubishi Heavy Industries’ new regional jet, Japan’s first such aircraft, won fresh support from U.S. commuter carriers SkyWest and Trans States Holdings even as its debut was delayed by more than a year.

Better Capital mulls more aerospace deals after Gardner overhaul

Private equity firm Better Capital, owner of Reader’s Digest and fashion retail store Jaeger, would consider more deals in aerospace after sales at its aircraft components business more than doubled.

Finmeccanica up on report Doosan closer to unit stake bid

Shares in Italian defense group Finmeccanica rose 7 percent Aug. 22 on a report that South Korea’s Doosan heavy Industries and Construction was planning to raise money to buy a majority stake in energy unit Ansaldo Energia.

 

Defense

Eerie UFO-like footage shows the U.S. Marines’ latest high-tech jet carrying out its first sea test of vertical landing at night

With a globe of light illuminating each wingtip, and a fierce tongue of fire spouting from beneath, this hovering aircraft has been compared to an extraterrestrial visitor. It is the latest test of the high-tech warplane that the U.S. and its allies are funding to maintain the West’s aerial dominance far into the 21st century.

 

Space

Gaia: The ‘impossible space mission’ ready to fly

“It blows your brain. I remember when we went and asked for this stuff we just fell about laughing. We said: ‘Well, let’s try; let’s see what happens. These engineers are smart’. And, boy, they’re smart – they did it!” Cambridge University’s Gerry Gilmore says astronomers thought they were requesting the impossible when the spec was put forward in the early 1990s for a space mission to make a far-reaching census of the Milky Way.

 

International

United Kingdom: New defense chief warns cuts leave Forces ‘cynical and detached’

General Sir Nick Houghton, the Chief of the Defence Staff, said that the Government’s plans to shrink and transform the Armed Forces have left some military personnel feeling unhappy and alienated. Gen Houghton also warned that defense cuts will mean that Britain must lower its “expectation” of the military power the Armed Forces will be able to deploy in future conflicts.

United Kingdom: Red Arrows display pressure investigated in pilot death

An inquest into the death of Flt Lt Sean Cunningham will investigate what effect the intensive display schedule had on aircraft maintenance and what demands it put on pilots. A pre-inquest review heard the number of hours the Red Arrows are required to fly has been reduced by more than 10 per cent.

 




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Headlines June 29, 2015

News: SpaceX Falcon 9 explodes moments after launch – A SpaceX rocket carrying supplies to the International Space Station blew up June 28 shortly after liftoff.   Business: How serious a setback is SpaceX rocket explosion? – Elon Musk had never come face to face with that rule before — at least not in space travel —...
 
 

News Briefs June 29, 2015

Iraqi pilot in Arizona plane crash found dead Officials say the body of an Iraqi pilot who had been training in the United States and crashed in southern Arizona has been located. Iraq’s Defense Ministry said June 26 that search teams found the body of Brig. Gen. Rasid Mohammed Sadeeq at the crash site five...
 
 

Headlines June 26, 2015

Business: A look inside Lockheed Martin’s space-age operations – At Lockheed Martin Space Systems Company, we have the privilege of working for ambitious customers; their plans include missions to Mars, examinations of asteroids, and scientific explorations that push ever deeper into the solar system. Canada does not have right weapons to help Ukraine, defense minister...
 

 

News Briefs June 26, 2015

NATO plans follow-up Afghan presence after Resolute Support NATO defense ministers are reassuring Afghanistan’s government that it can count on the alliance’s continued help after its military training and support mission, called Resolute Support, ends. Alliance Secretary-General Jens Stoltenberg said June 25 that ministers committed their governments to maintaining “a civilian-le...
 
 

Headlines June 24, 2015

News: Pentagon placing gear in Eastern Europe – The Pentagon will place approximately 250 tanks, Bradley fighting vehicles and self-propelled howitzers throughout six countries that are close to Russia, the department announced June 23.   Business: U.S. Air Force wants improved day-night F-22 Raptor helmet by 2020 – A long-running effort to provide F-22 Raptor...
 
 

Headlines June 22, 2015

Business: Sikorsky bids, M&A talks shake up air show – Even with jets roaring overhead, the loudest blast in the defense sector during the Paris Air Show came from United Technology Corp.’s acknowledgement that it has multiple bids – at attractive levels – for subsidiary Sikorsky Aircraft, makers of the US Army’s Black Hawk helicopter....
 




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