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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 18, 2014

Business: Lockheed to Lose 17 F-35s Under Automatic Pentagon Cuts - Pentagon will cut 17 of the 343 F-35 fighters it planned to buy from Lockheed Martin in fiscal 2016 through 2019 unless Congress repeals automatic budget cuts, according to a new Defense Department report. DOD looking for ways not to break MH-60R helo deal - The...
 
 

News Briefs April 18, 2013

U.S. military deaths in Afghanistan at 2,177 As of April 15, 2014, at least 2,177 members of the U.S. military had died in Afghanistan as a result of the U.S.-led invasion of Afghanistan in late 2001, according to an Associated Press count. At least 1,802 military service members have died in Afghanistan as a result...
 
 

Headlines April 14, 2014

Business: U.S. Navy looks to leverage submarine work to keep costs down - The U.S. Navy hopes to save money and time by leveraging industry investments as it replaces its Ohio-class nuclear-armed submarines with the Virginia-class attack submarines now built by General Dynamics Corp and Huntington Ingalls Industries Inc.  Study raises red flags on California aerospace...
 

 

News Briefs April 14, 2014

U.S. Navy destroyer Zumwalt christened in Maine The U.S. Navy has christened the first ship of its newest class of destroyers, a 610-foot (186-meter)-long warship with advanced technologies and a stealthy design that will reduce its visibility on enemy radars. The warship bears the name of the late Adm. Elmo ìBudî Zumwalt, who became the...
 
 

Headlines April 11, 2014

News: Lawmakers readying legislation to block A-10 cuts - Lawmakers in both the House and Senate are planning legislation to block the Air Force’s plans to retire the A-10.   Business: Navy may delay decision on replacing carrier supply planes - The U.S. Navy is looking for an inexpensive way to replace its aging fleet of 35...
 
 

News Briefs April 11, 2014

450 U.S., Romanian troops in joint military games Some 450 U.S. and Romanian troops and technical staff kicked off joint military exercises in northwestern Romania April 10, flying U.S. F-16 fighter jets alongside Romanian ones. Four F-16s and one Romanian MiG-21 LanceR took off from Romania’s Campia Tarzii military base as the Dacian Viper 2014...
 




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