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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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Headlines August 25, 2014

News: U.S. sends second carrier to Asia amid tensions with China - The Navy is sending a second aircraft carrier strike group to the Asia Pacific region amid new tensions with China over a dangerous aerial encounter between a Chinese interceptor and a Navy P-8 surveillance aircraft. SpaceX rocket explodes during test flight - A SpaceX rocket...
 
 

News Briefs August 25, 2014

China says U.S. plane intercept was professional China’s Defense Ministry has rejected U.S. accusations that a Chinese fighter jet conducted a dangerous intercept of a U.S. Navy surveillance aircraft off the coast of China in international airspace. The ministry issued a statement Aug. 23 attributed to spokesman Yang Yujun calling the U.S. accusations groundless. It...
 
 

Ukraine plans $3 billion boost to defense spending

KIEV, Ukraine – Ukraine’s president announced plans Aug. 24 to boost his country’s defense spending by an estimated 50 percent as government forces seek to overpower pro-Russian separatists in the east. President Petro Poroshenko pledged to spend an extra 40 billion hryvnia ($3 billion) by 2017 during a speech marking Ukraine’s independence from the Soviet...
 

 

NASA awards research facilities, engineering support services contract

NASA has awarded a contract for research facilities and engineering support services to InuTeq, LLC of Greenbelt, Maryland, in support of the Mission Information and Test Systems Directorate at NASA’s Armstrong Flight Research Center, Edwards, Calif. This cost-plus-award-fee contract covers a one-year base period beginning Nov. 1, 2014 and four one-year options, and is valued...
 
 

Navy Awards General Dynamics contract for LCS planning yard services

The U.S. Navy awarded General Dynamics Bath Iron Works a $100 million contract to provide planning yard services for the Littoral Combat Ship program. General Dynamics Bath Iron Works is a business unit of General Dynamics. Bath Iron Works, as the LCS Planning Yard, will provide maintenance and modernization support for all Navy LCS 1...
 
 
boeing-boc

Boeing, BOC Aviation announce order for 82 airplanes

  Boeing announced Aug. 25 an order by BOC Aviation for 50 737 MAX 8s, 30 Next-Generation 737-800s and two 777-300ERs (Extended Range). The order, valued at $8.8 billion at list prices, is the largest in BOC Aviation’...
 




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