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.


 
 

 

Headlines October 24, 2014

News: U.S., South Korea delay transfer of wartime control - The U.S. and South Korea have delayed transferring wartime operational control of allied forces by taking on a “conditions-based approach” and scrapping the previously set deadline of 2015.   Business: Exclusive: Lockheed, Pentagon reach $4 billion deal for more F-35 jets - Lockheed Martin and U.S. defense...
 
 

News Briefs October 24, 2014

French moving troops toward Libyan border A top French military official says the country is moving troops toward the Libyan border within weeks and, along with U.S. intelligence, is monitoring al Qaeda arms shipments to Africa’s Sahel region. A French base will go up within weeks in a desert outpost just a hundred kilometers (60...
 
 
Navy photograph

Navy to commission submarine North Dakota

Navy photograph The PCU North Dakota (SSN 784) during bravo sea trials. The crew performed exceptionally well on both alpha and bravo sea trials. The submarine North Dakota is the 11th ship of the Virginia class, the first U.S....
 

 

Boeing announces SF Airlines order for Boeing converted freighters

Boeing announced Oct. 23 that SF Airlines has placed an order for an undisclosed number of 767-300ER passenger-to-freighter conversions (Boeing Converted Freighters). SF Airlines, a subsidiary of Shenzhen, China-based delivery services company SF Express, will accept its first redelivered 767 in the second half of 2015. “SF Express aims to become China’s most respected and...
 
 
LM-C130

Another Super Herc Little Rock Rollin’

  Lockheed Martin delivered another C-130J Super Hercules to the 61st Airlift Squadron at Little Rock Air Force Base, Ark., Oct. 23. Little Rock AFB’s new C-130J was ferried from the Lockheed Martin Aeronautics facility ...
 
 

United Technologies beats third quarter profit expectations

United Technologies Corp. Oct. 23 reported third-quarter profit of $1.85 billion as sales increased across all its businesses and the aerospace giant reported favorable tax settlements. The Hartford, Conn.,-based company said it had profit of $2.04 per share and earnings, adjusted for non-recurring gains, came to $1.82 per share. The results topped Wall Street expectations,...
 




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>