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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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Headlines April 1, 2015

News: Iranian aircraft buzzed U.S. Navy helo in Persian Gulf - An Iranian aircraft buzzed a Navy helicopter operating in the Persian Gulf earlier this month, a U.S. military official said March 31. Active duty suicides up in 2014 - Suicides among active duty members of the military increased in 2014, though reservists and members of the...
 
 

News Briefs April 1, 2015

Germany, France, Italy plan to develop military drones Germany and France plan to work together with Italy to develop military surveillance drones that could also carry weapons. French President Francois Hollande said after meeting German Chancellor Angela Merkel March 31 that it is important for Europe to be independent in both manufacturing drones and in...
 
 
Northrop Grumman photograph

AirRobot, Northrop Grumman Remotec sign distribution agreement for unmanned aerial systems

Northrop Grumman photograph An AirRobot unmanned aerial system flies at Fort Benning, Ga.. Northrop Grumman Remotec is the sole reseller of the systems to law enforcement and first responders under a distribution agreement sign...
 

 

Raytheon awarded $528 million AMRAAM contract

Raytheon has been awarded a $528,797,459 fixed-price incentive, firm target contract modification for Advanced Medium Range Air-to-Air Missiles. Raytheon will provide AMRAAM Lot 29 missiles and other AMRAAM system items. This contract involves foreign military sales. Work will be performed in Tucson and is expected to be complete by January 2018. This award was booked...
 
 

Raytheon, DRS team for Army’s third Generation IFLIR B-Kit

Building on their combined platform integration experience, Raytheon and DRS Technologies have entered into a teaming agreement for the U.S. Army’s 3rd Generation Improved Forward Looking Infrared program B-Kit “Raytheon and DRS have teamed to provide an IFLIR solution that provides our military supremacy in reconnaissance, surveillance and target acquisition,” said Dr. Taylor...
 
 

U.S. Air Force awards Raytheon $91.5 million for MALD-J

Raytheon Company received a $91.5 million U.S. Air Force contract modification award for the Miniature Air Launched Decoy Jammer missile. The contract modification is for Lot 8. Work will be performed in Tucson and is expected to be complete by June 2017. This award was booked in the first quarter 2015. MALDÆ is a state-of-the-art,...
 




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