In the news...

December 24, 2013

Headlines December 23, 2013

Business:

Why acquiring Beechcraft would be great for Textron, Inc. -

Textron investors were left smiling Dec. 20, when shares of the defense and aerospace conglomerate jumped more than 14 percent following an encouraging bit of acquisition news from the folks over at the Financial Times.

Navy orders more JSOW Glide Bombs from Raytheon -

The Department of Defense announced 37 new defense contracts Dec. 20, worth a combined $2.2 billion in total value. One of the biggest winners of the day was Raytheon , winning five of the contracts on offer for a combined $122.3 million.

Boeing names Muilenburg COO to line up cost cutting No. 2 -

Dennis Muilinburg whose promotion Dec. 17 put him in line to be Boeing’s next chief executive officer, spent the last four years drafting strategy on the fly as U.S. budget cuts threatened the $33 billion defense and space unit he headed.

BAE faces Eurofighter order drought as Middle East wanes -

BAE Systems had its biggest drop in more than a year after saying talks to sell the Eurofighter Typhoon combat jet to the United Arab Emirates have ended and that negotiations with Saudi Arabia are dragging out.

Pentagon, suppliers draft plan to lower F-35 costs -

The U.S. Defense Department and top suppliers on the $392 billion F-35 fighter program are developing a plan to drive down the cost of the Pentagon’s most expensive weapons program, the head of engine maker Pratt & Whitney told Reuters.

Lockheed wins $562 million contract to modify F-22 fighter -

Lockheed Martin has won a contract valued at up to $562 million to provide nine months of support, logistics and modifications for the stealthy F-22 fighter jet, the Pentagon announced Dec. 20.

Lost Brazil order raises threat to Boeing fighter jets -

Brazil’s decision to buy Swedish fighter jets instead of F/A-18 Super Hornets from Boeing eliminates its most promising foreign sales prospect just as the U.S. company faces critical decisions about extending the jet’s production line past 2016.

How U.S. spying cost Boeing multi-billion dollar jet contract -

Dilma Rousseff was thoroughly charmed. Brazil had been struggling for years to decide which company to choose for a $4 billion-plus fighter jet contract, one of the world’s most sought after defense deals and one that would help define the country’s strategic alliances for decades to come.

 

Defense:

Army’s new laser weapon can shoot down mortars, drones -

The Army has successfully tested a futuristic laser weapon capable of shooting football-sized mortar rounds and unmanned drones out of the sky. The truck-mounted weapon, known as the High Energy Laser Mobile Demonstrator is still about a decade away from becoming an operational part of the Army’s arsenal, but gives a hint at what a weapon of the future could look like.

Pentagon to review case of Marine who defied general in Taliban defilement case -

A Marine Corps whistleblower says the Pentagon is investigating whether higher-ups retaliated against him for filing complaints against the Marine commandant.

Robert O. Work to be named Pentagon’s No. 2 official -

Robert O. Work, a former top Navy official, is the leading candidate to become the next deputy defense secretary. A source close to the confirmation process said congressional staffers have been told to prepare for his Senate nomination, which could run into tough questioning.

Pentagon fights effort to put U.S. sneakers on recruits -

The Pentagon may have boxed out new Balance Athletic Shoe Inc.’s efforts to put American-made sneakers on the feet of military recruits.

 

Veterans:

Outrage among veterans grows over Obama military pension cuts -

The Pentagon’s top civilian says it’s time to tame burgeoning military personnel costs, but he’s facing a test of wills with the nation’s powerful veterans groups, which want no cut in their benefits.

 

Space:

Special Report: In satellite tech race, China hitched a ride from Europe -

Chinese leader Xi Jinping has exhorted the People’s Liberation Army “to get ready to fight and win wars” and “to win regional warfare under information technology-oriented conditions.”

 

International:

China vs. Japan: Will Boeing’s new submarine-destroying jet get battle tested? -

Japan and China are anything but friendly, but tensions escalated further following China’s recent declaration of a maritime air defense zone over the East China Sea. This move also increased tensions between China and the U.S., and Defense Secretary Chuck Hagel said the U.S. military won’t adhere to the guidelines of the Chinese-described air-defense zone.

United Kingdom: David Cameron’s Typhoon debacle a sign of Britain’s declining Arabian influence -

BAE Systems and Prime Minister David Cameron did their best to sell the Eurofighter Typhoon to the United Arab Emirates. The single-seat fighter, which represents the very best of British military technology, was heavily showcased at recent air shows in Dubai and Doha in Qatar.




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Headlines September 11, 2014

News: Obama ready to strike at Islamic State militants in Syria, he tells policy experts - President Obama is prepared to use U.S. military airstrikes in Syria as part of an expanded campaign to defeat the Islamic State and does not believe he needs formal congressional approval to take that action, according to people who have...
 
 

News Briefs September 11, 2014

U.S. airstrikes in Iraq hit Islamic State vehicles The U.S. military says it launched five more airstrikes in support of Iraqi government troops and Sunni tribesmen protecting the Haditha Dam against fighters of the Islamic State group that controls parts of northern and western Iraq. Central Command says that a combination of U.S. attack, fighter...
 
 

Headlines September 9, 2014

News: NATO unable to finalize troop numbers for Afghanistan - NATO leaders did not agree on the size of a training and assistance force expected to be based in Afghanistan from 2015 to 2017, as the alliance still waits for Kabul to approve an operating arrangement. F-35 head: Delays coming if test planes grounded through September -...
 

 

News Briefs September 9, 2014

California contractor gets prison in tax case A Southern California military contractor who failed to report millions earned from providing services in Iraq has been sentenced to four years in federal prison. Prosecutors say Nadim Saifan Jr. of Huntington Beach, Calif., was sentenced Sept. 5. He pleaded guilty in May to attempted tax evasion. Authorities...
 
 

Headlines September 4, 2014

News: U.S. military conducts operation in Somalia, Pentagon says - U.S. military forces conducted an operation Sept. 1 against the Al-Shabaab network in Somalia, Pentagon press secretary Rear Adm. John Kirby said.   Business: Pratt and Whitney halted F-35 engine delivery over titanium - United Technologies Corp.’s Pratt and Whitney unit said it suspended delivery of engines...
 
 

News Briefs September 4, 2014

U.S. military targets extremists in Somalia U.S. military forces targeted the Islamic extremist al-Shabab network in an operation Sept. 1 in Somalia, the Pentagon said. Spokesman Rear Adm. John Kirby said the U.S. was assessing the results and would provide more information when appropriate. No further details were available. A senior Somali intelligence official said...
 




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