In the news...

November 15, 2013

Headlines November 15, 2013

Business:

Pentagon cuts mean more layoffs for defense giant Lockheed Martin -

Lockheed Martin is cutting 4,000 jobs — 3.5 percent of its workforce — and closing or downsizing several facilities around the country as it grapples with the pressure of declining defense budgets and the recent government sequestration, the company announced Nov. 14.

Lockheed job cuts echo through industry as budget falls -

Lockheed Martin, the biggest contract with the U.S. government, has led the way in what may become a roster of companies shedding employees under pressure from reductions in Pentagon spending.

Ultra Electronics drops after cutting outlook on U.S. slowdown -

Ultra Electronics Holdings Plc fell the most in more than two years after the maker of submarine hunting equipment cuts its full-year sales forecast on delayed government contracts.

Raytheon, Lockheed consider fresh bid for Turkey missile system -

U.S. arms makers Raytheon and Lockheed Martin are considering ways to sweeten their offer to build a Patriot missile defense system for Turkey after Ankara said it could still back away from a provisional $3.4 billion deal with China, sources familiar with the issue said Nov. 12.

 

Defense:

Senate expands public lands for training -

A Senate committee gave unanimous approval to expand the use of public lands for military training, passing three bills that attempt to reach agreements on conflicts involving mining, wilderness trails and private development.

Senators seen narrowing military sex assault bill to win support -

Female senators backing a bill to remove sex assault cases form the U.S. military chain of command say they may limit their proposal to just rape and sex crimes to win support before a showdown vote as early as this week.

 

Veterans:

VA offers dental insurance to vets, some family members -

The Veterans Affairs Department is now offering dental insurance to veterans enrolled in VA health care and to some family members of vets.

 

International:

Japan to tap technology for military use, another step away from pacifism -

Japan is finalizing a budget for a new command center for cutting edge research modelled after the U.S. Defense Advanced Research Projects Agency to try to tap a broad swathe of civilian technologies with potential military use.




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Image courtesy of U.S. Bureau of Reclamation

Satellite study reveals parched U.S. West using up underground water

Image courtesy of U.S. Bureau of Reclamation The Colorado River Basin lost nearly 53 million acre feet of freshwater over the past nine years, according to a new study based on data from NASA’s GRACE mission. This is almost d...
 
 

NASA selects contract for mission support services at Ames

NASA has selected Wyle Laboratories, Inc., Houston, to support NASA’s flight programs and mission projects, providing support for multiple sustained project management, research and technology development capabilities that encompass all phases of mission and project lifecycles at the agency’s Ames Research Center in Moffett Field, Calif. The cost-plus-fixed-fee hybrid contract has a...
 
 

Commercial jets push Boeing profits up 52 percent

Increased production of passenger jets helped push up Boeing’s profit by 52 percent in the second quarter, topping Wall Street’s expectations. The Chicago-based company said net income increased to $1.65 billion, or $2.24 per share, from $1.09 billion, or $1.41 per share, in the same quarter a year ago. Earnings, adjusted for non-recurring costs, came...
 

 
Air Force photograph by SSgt. Siuta B. Ika

AOC integral to Red Flag 14-3 operations

Air Force photograph by SSgt. Siuta B. Ika Members of the Air and Space Operations Center work during Red Flag 14-3 operations July 22, 2014, at Nellis Air Force Base, Nev. Armed with personnel from intelligence and communicati...
 
 
red-flag1

Red Flag night operations soar into darkness

Singapore air force aircraft maintainers walk down the flightline looking for foreign object debris before night operations begin during Red Flag 14-3, July 16 at Nellis Air Force Base, Nev. Red Flag exercises involve air and g...
 
 

Comprehensive MEADS network tests demonstrate unmatched plug-and-fight missile defense capabilities

The Medium Extended Air Defense System recently completed a comprehensive system demonstration at Pratica di Mare Air Base near Rome, Italy. The two-week test demonstration included significant first-time events that were observed by several national delegations. “The outstanding result is that we have demonstrated the full range of advanced network capabilities that only MEADS can...
 




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