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January 10, 2014

Headlines – January 10, 2014

News:

Air Force crew members ‘made the ultimate sacrifice’ -

The bodies of the four American air crew killed in a helicopter crash on the north Norfolk coast were removed from the wreckage today as their commander paid tribute to their ‘ultimate sacrifice.’ Captains Christopher S. Stover and Sean M. Ruane and TSgt. Dale E. Mathews died when their Pave Hawk helicopter came down on a marsh near Cley-next- the-Sea on Tuesday night. Their female crew mate SSgt. Afton M. Ponce was also killed in the crash.

 

Business:

U.S. machinist members file unfair labor charge against Boeing -

Members of the Seattle, Wash.,-area machinists union have filed unfair labor practice charges against Boeing, alleging the company interfered with their rights to vote freely on a contract offer by threatening to move their jobs out of state unless the approved the agreement, the National Labor Relations Board said Jan. 9.

Some Boeing machinists plan to contest crucial labor vote -

Some Boeing machinists plan to push for a recount or even a new vote on their latest labor contract with the aircraft maker, possibly extending the long running drama over which state will get to work on Boeing’s new 777X jet.

Alcoa misses estimates amid excess aerospace inventories -

Alcoa Inc., the largest U.S. aluminum producer, reported fourth quarter profit that missed analysts’ estimates because of a glut of rolled metal used in the aerospace industry. 

Rolls-Royce talks to take over Waertsilae have ceased -

Rolls-Royce holdings, the second largest maker of aircraft engines, said it has ended talks to take over Finland’s Waertsilae Oyj to boost non aerospace sales. 

Rockwell Collins to build smart plane service on Arinc buy -

Rockwell Collins, the maker of aircraft electronics, plans to build an information management services unit centered on recently acquired Arinc Inc., as the company seeks to lead digital communications that could transform aviation over the next 15 years. 

U.S. outlook too uncertain for merger & acquisition rush -

Uncertainty about U.S. budget levels is limiting the prospects for increased merger and acquisition activity in the defense industry, Sean O’Keefe, chief executive officer of the U.S. operations of Europe’s Airbus said Jan. 7. 

McArtor named chairman, CEO of Airbus’ U.S. unit -

Allan McArtor, who heads Airbus U.S. commercial operations, will take cover as chairman and chief executive officer of the overall U.S. unit of the European weapons and plane maker March 1, replacing Sean O’Keefe, the company said Jan. 7. 

French aerospace industry calls for bigger tax credits -

France’s aerospace industry urged the government Jan. 8 to wide a corporate tax credit scheme designed to foster competitiveness, saying it had helped the country’s low paid postal workers but not its exporters.

Boeing, manufacturers press IRS on R&D tax rule changes -

Boeing and other manufacturers asked the U.S. Internal Revenue Service Jan. 8 to scrap parts of a proposed rewrite of the federal tax deduction for corporate research and development that they said could make it harder to claim it. 

BAE picks former General Dynamics exec to head U.S. unit -

Britain’s BAE Systems chose Jerry DeMuro to head its U.S. business pinning its hopes on the former General Dynamics executive to steer the weapons maker through U.S. military cuts that are expected to bite over the next decade.

 

Defense:

Military spending resolved as Congress nears deadline -

Congressional negotiators have completed work on the military portion of a plan to finance the U.S. government and avoid a second shutdown in four months, said House Appropriations Committee member Ken Calvert. 

U.S. adding 800 troops for South Korea citing rebalance -

The United States is sending 800 additional troops to South Korea with upgraded equipment, the Pentagon said, citing the Obama administration’s rebalance of forces to the Asia-Pacific region. 

U.S. needs modern nuclear deterrent despite high price tag -

Defense Secretary Chuck Hagel said Jan. 8 the United States had always supported a strong nuclear deterrent and would continue to do so, even as it braces for a nuclear forces overhaul that analysts say could cost $1 trillion over 30 years.

 

Space:

NASA, Obama want 4-year Extension for International Space Station -

The Obama administration wants to keep the International Space Station, a $100 billion orbital research outpost that is a project of 15 nations, flying until at least 2024, four years beyond a previous target, NASA said on Wednesday.

U.S. military satellites vulnerable to future attack in space -

The head of the U.S. Air Force Space Command has said that the U.S. must be prepared for enemy attacks in space. Gen. William Shelton said that the military has become dependent on intelligence from satellites, which has made them vulnerable.

 

Veterans:

From the Pentagon to life in a van -

After a 30-year military career in which he earned three graduate degrees, rose to the rank of colonel, and served as an aide to Pentagon brass, Robert Freniere can guess what people might say when they learn he’s unemployed and lives out of his van: Why doesn’t this guy get a job as a janitor?

 

International:

France commits 1 billion euros to Rafale jet program -

France’s defense ministry said Jan. 10 that the government was committing to a further phase of the Rafale fighter jet project and that about one billion euros was being earmarked.




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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,...
 




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