In the news...

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.




All of this week's top headlines to your email every Friday.


 
 

 

News Briefs April 1, 2015

Germany, France, Italy plan to develop military drones Germany and France plan to work together with Italy to develop military surveillance drones that could also carry weapons. French President Francois Hollande said after meeting German Chancellor Angela Merkel March 31 that it is important for Europe to be independent in both manufacturing drones and in...
 
 
Northrop Grumman photograph

AirRobot, Northrop Grumman Remotec sign distribution agreement for unmanned aerial systems

Northrop Grumman photograph An AirRobot unmanned aerial system flies at Fort Benning, Ga.. Northrop Grumman Remotec is the sole reseller of the systems to law enforcement and first responders under a distribution agreement sign...
 
 

Raytheon awarded $528 million AMRAAM contract

Raytheon has been awarded a $528,797,459 fixed-price incentive, firm target contract modification for Advanced Medium Range Air-to-Air Missiles. Raytheon will provide AMRAAM Lot 29 missiles and other AMRAAM system items. This contract involves foreign military sales. Work will be performed in Tucson and is expected to be complete by January 2018. This award was booked...
 

 

Raytheon, DRS team for Army’s third Generation IFLIR B-Kit

Building on their combined platform integration experience, Raytheon and DRS Technologies have entered into a teaming agreement for the U.S. Army’s 3rd Generation Improved Forward Looking Infrared program B-Kit “Raytheon and DRS have teamed to provide an IFLIR solution that provides our military supremacy in reconnaissance, surveillance and target acquisition,” said Dr. Taylor...
 
 

U.S. Air Force awards Raytheon $91.5 million for MALD-J

Raytheon Company received a $91.5 million U.S. Air Force contract modification award for the Miniature Air Launched Decoy Jammer missile. The contract modification is for Lot 8. Work will be performed in Tucson and is expected to be complete by June 2017. This award was booked in the first quarter 2015. MALDÆ is a state-of-the-art,...
 
 

Raytheon receives $109 million for SM-6, SM-2 parts

The U.S. Navy awarded Raytheon $109,583,490 million to purchase the long-lead materials needed to meet Standard Missile-6 full-rate production requirements and Standard Missile-2 sustainment. This award was booked in the first quarter 2015. SM-6 is a surface-to-air supersonic missile capable of successfully engaging manned and unmanned aerial vehicles and fixed- and rotary-wing aircraft. It als...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>