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 January 28, 2015

News: Panel will propose new military retirement system - The long-awaited report on military compensation set to drop Thursday will propose fundamental changes to military retirement and health care benefits, according to several people familiar with the report. Source: DOD to request $585 billion for fiscal 2016 - The Department of Defense is preparing to submit a...
 
 

News Briefs January 28, 2015

Defense contractor to pay $2 million to settle claims A Northern California defense contractor will pay the federal government $2 million to settle claims about its manufacturing of parts for remote-controlled aircraft. The U.S. Attorney’s Office in Sacramento says Sacramento-based Composite Engineering Inc. agreed to pay the money to end allegations that it artificially inflated...
 
 

Headlines January 26, 2015

News: Two Marines identified in deadly California helo crash - Two Marine Corps officers killed when their helicopter crashed during a training exercise in the Southern California desert were remembered Jan. 25 as talented pilots. Greek F-16 crashes in Spain during NATO exercise - Ten people died Jan. 26 after a Greek air force F-16 jet crashed...
 

 

News Briefs January 26, 2015

Navy wants to increase use of sonar-emitting buoys The U.S. Navy is seeking permits to expand sonar and other training exercises off the Pacific Coast, a proposal raising concerns from animal advocates who say that more sonar-emitting buoys would harm whales. The Navy now wants to deploy up to 720 sonobuoys about 12 miles off...
 
 

Headlines January 23, 2015

News: Yemen chaos threatens U.S. counterterror efforts, including drone program - The White House’s strategy for fighting al-Qaeda in Yemen – repeatedly presented as a model by President Obama – was left in tatters Thursday by the resignation of the man who personally approved U.S. drone strikes in the country and the collapse of its central...
 
 

News Briefs January 23, 2015

NATO detects key Russian military equipment in east Ukraine NATO’s top commander in Europe says the alliance has detected the presence of key Russian military equipment in eastern Ukraine that, in the past, has accompanied large inflows of Russian troops. Gen. Philip Breedlove told a news conference Jan. 22 in Brussels that Russian electronic warfare...
 




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