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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 August 31, 2015

News: Pilot killed in crash was helping wounded veterans – A pilot who died in a small plane crash in the desert northeast of Los Angeles was giving free glider rides to wounded military veterans. Turkey carries out first air strikes as part of anti-Isis U.S. coalition – Turkish fighter jets have carried out their first air...
 
 

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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...
 
 

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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...
 




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