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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 January 28, 2015

News: Panel will propose new military retirement system - The long-awaited report on military compensation set to drop Thursday will propose fundamental changes to military retirement and health care benefits, according to several people familiar with the report. Source: DOD to request $585 billion for fiscal 2016 - The Department of Defense is preparing to submit a...
 
 

News Briefs January 28, 2015

Defense contractor to pay $2 million to settle claims A Northern California defense contractor will pay the federal government $2 million to settle claims about its manufacturing of parts for remote-controlled aircraft. The U.S. Attorney’s Office in Sacramento says Sacramento-based Composite Engineering Inc. agreed to pay the money to end allegations that it artificially inflated...
 
 
Navy photograph

USS Roosevelt marks 200,000 trap

Navy photograph An F/A-18F Super Hornet flown by Capt. Daniel Grieco, commanding officer of the aircraft carrier USS Theodore Roosevelt (CVN 71), and Capt. Benjamin Hewlett, deputy commander of Carrier Air Wing (CVW) 1, complet...
 

 
Navy photograph by PO1 William Larned

USS California returns from maiden deployment

Navy photograph by PO1 William Larned The Virginia-class attack submarine USS California (SSN 781) returns from its maiden deployment to its homeport at Naval Submarine Base New London. Under the command of Cmdr. Shawn Huey, Ca...
 
 
Army photograph

Army proves new watercraft capabilities

Army photograph Marine Corps assets are loaded onto the USNS Sgt. Matej Kocak (T-AK 3005), from an U.S. Army Landing Craft Utility, or LCU, USAV Port Hudson during port operations, at White Beach Naval Base, Jan. 22, 2015. Sold...
 
 

Orbital stockholders approve merger with ATK’s aerospace, defense groups

Orbital Sciences Corporation announced Jan. 27 that at a special meeting, the company’s stockholders voted overwhelmingly to approve the proposed merger with the Aerospace and Defense Groups of Alliant Techsystems Inc., pursuant to the definitive transaction agreement dated April 28, 2014. Approximately 99 percent of the votes cast at the special meeting voted in favor...
 




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