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December 28, 2013

Headlines December 28, 2013

News:

Obama signs defense law, calls it a ‘welcome step’ toward closing Guantanamo Bay prison -

President Obama signed a sweeping defense policy law Dec. 26 that cracks down on sexual assault in the military and eases restrictions on transferring detainees from the military prison at Guantanamo Bay, Cuba, to the custody of foreign countries.

Boeing 777X exit threat leaves Washington facing bond rating cut -

Washington State faces a credit downgrade, higher borrowing costs and the loss of jobs and tax revenue should Boeing decide to move production of its new 777X jetliner to another state.

 

Business:

Raytheon leads defense rally with Lockheed at high -

Raytheon leads top defense stocks that are hitting new highs Dec. 26 after the company announced it received an addition to an earlier deal with the Navy.

Emirates, Airbus sign $23 billion deal for 50 A380 aircraft -

Emirates Airline has signed a firm agreement with Airbus for 50 additional A380s worth $23 billion, taking forward a deal that was announced at the 2013 Dubai Airshow.

Bombardier secures orders for 10 Challenger business jets -

Bombardier Aerospace announced Dec. 24 that it has received a firm order for 10 Challenger business jets from an undisclosed customer. The order includes five Challenger 300 jets and five Challenger 605 jets. The transaction is valued at approximately $280 million US, based on the 2013 list price for typically equipped aircraft.

 

Defense:

Relocation of Marine base on Okinawa wins local approval -

Japan won local approval Dec. 27 to begin the relocation of a controversial U.S. Marine base on the island of Okinawa, a move that officials in Washington hailed as a major diplomatic breakthrough.

For military, benefits and reform are challenge -

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 don’t want their benefits cut.

Senate to block ICBM cuts -

The Pentagon is facing strong opposition from Congress to an environmental study of Minuteman III missile silos that is needed before 50 land-based strategic missiles can be deactivated under President Obama’s disarmament agenda.

New Navy simulator helps shape tomorrow’s warships -

A revamped Navy facility is making waves to see how ships fare in the unpredictable conditions out on the ocean.

Officials unveiled the new maneuvering and seakeeping, or MASK, facility at Naval Surface Warfare Center Carderock, Md., on Dec. 19, which simulates the kinds of waves sailors might encounter underway and tests how ships would handle them.

 

International:

China says satellite network to be big asset, others can use it too -

China’s homegrown satellite navigation system will bring untold economic, social and military benefits and other countries in Asia are welcome to use it, the director of China’s satellite navigation agency said Dec. 27.

Russia bets on sweeping reform to revive ailing space industry -

From rocket-shaped playground equipment to faded murals of cosmonauts, mementos of the heyday of Soviet space exploration are scattered around this sand-swept town that launched Yuri Gagarin into orbit in 1961.




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Air Force photograph by MSgt. Chuck Marsh

‘NORAD Tracks Santa’: Bringing him to a home near you

Air Force photograph by MSgt. Chuck Marsh Volunteers monitor phones and computers to talk with children while tracking Santa Claus at the North American Aerospace Defense Command Tracks Santa Operations Center at Peterson Air F...
 
 

Headlines December 24, 2014

Business: Boeing, U.S. Navy in talks about stretching EA-18G jet production - The U.S. Navy Dec. 19 said it was in talks with Boeing Co about slowing production of its EA-18G electronic attack jets to keep the St. Louis facility running through the end of 2017, after Congress approved funding for 15 more planes. Navy’s $2.5...
 
 

News Briefs December 24, 2014

Chinese military plane crashes; two deaths reported A Chinese military plane crashed in the country’s northwest Dec. 22 and a news website says at least two people were killed. The plane crashed at about 3 p.m. near the city of Weinan, about 600 miles west of Beijing, in Shaanxi province, according to the local fire...
 

 
LM-exoskeleton

Lockheed Martin’s exoskeleton wins design awards, honors

Lockheed Martin’s FORTIS exoskeleton received several accolades in 2014 highlighting its innovative technology design and its benefit to users in an industrial setting. This year, FORTIS was recognized with a Gold Spark Award...
 
 

DOD releases 2015 military pay, compensation rates

Dec. 22, the Department of Defense announced the 2015 military pay and compensation rates for service members, with most service members receiving a one percent increase in basic pay. The new rates for basic pay, basic allowance for housing, basic allowance for subsistence, and the cost of living allowance rates for the contiguous United States...
 
 

Astronics to scquire Armstrong Aerospace

Astronics Corporation, a leading provider of advanced technologies for the global aerospace and defense industries, announced today that it has entered into a definitive agreement to acquire Armstrong Aerospace for approximately $51 million. The agreement is expected to close in January 2015, subject to normal closing requirements. Armstrong Aerospace, located in Itasca, Illinois, is a...
 




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