In the news...

June 4, 2014

Headlines June 2, 2014

Business:

Pentagon seeks $211 million repayment from Pratt for accounting issue –

The Pentagon is seeking $211 million from engine maker Pratt and Whitney for cost accounting problems on contracts dating back to 2005, according to a report released June 3.  

Northrop wins $9.9 billion contract for B-2 bomber sustainment –

Northrop Grumman has won a five-year contract valued at up to $9.9 billion from the U.S. Air Force to modernize and support the B-2 stealth bomber, the Pentagon announced June 4.  

BAE adds suppliers to Type 26 team –

Six equipment suppliers have been added to BAE Systems’ Type 26 design team as Britain’s naval shipbuilder prepares to put the finishing touches to proposals due to be delivered to the Ministry of Defense this summer to build a new fleet of frigates for the Royal Navy.  

Navy altered destroyer upgrades due to budget pressure, demand for ships –

Budget pressure and an insatiable demand for ships capable of bulls eyeing ballistic missiles drove the Navy to alter its plan to upgrade Arleigh Burke guided missile destroyers (DDG-51), officials with the Navy surface warfare policy division (OPNAV N96) told USNI News during a May 29 briefing at the Pentagon.  

Cap on contractor exec salary expanded to all DOD, NASA contractor employees –

A cap on contractor executive salary reimbursement rates will be expanded to include almost all contractor employees under Defense Department and NASA contracts, according to a final rule published in the Federal Register May 30.  

Northrop Grumman wins COCOM contract –

Northrop Grumman has won a five-year, $98 million contract to upgrade the Global Adaptive Planning Collaborative Information Environment.  

Lockheed to deliver first of 36 F-16s to Iraq this week –

Lockheed Martin this week will deliver the first of 36 F-16 fighter jets to Iraq, marking what Baghdad’s envoy to the United States called a “new chapter” in his country’s ability to defend its vast borders with Iran and other neighbors.  

Avio Space could be sold this summer –

After being held up for months, the sale of Italian satellite launcher builder Avio Space could get underway in July and form a key element in a predicted consolidation of the European launcher market, officials have said.  

Indian Navy asks BJP to fund next phase of indigenous carrier build –

The Indian Navy is seeking INR160 billion (US $2.66 billion) over the next 2-3 years from the newly-elected Bharatiya Janata Party government to resume construction of the Project 71 indigenous aircraft carrier. 

India’s Air Force modernization worries rival Pakistan –

The country is on the cusp of a $20 billion deal to purchase nearly 130 Dassault Rafale fighter jets that could be signed within three months, according to media reports. At 1,500 aircraft, the fleet would be 30 percent bigger than its Pakistani counterpart.   

Qatar to buy stake in BMC –

The Qatar Armed Forces Industry Committee has applied to Turkey’s Competition Board to acquire 49 percent of commercial and military vehicle manufacturer BMC from local finance house ES Mali Yatirim (ES Financial Investment), RK announced on its website June 2.  

Lawmakers: Sequestration, end of arms buys could weaken U.S. industrial base –

U.S. House members are worried about the impact of sequestration cuts and the scheduled end of some major weapon buys, warning the dual hit could damage the defense industrial base.  

BMT reveals 5 percent growth in 2013 –

U.K.-based naval design and engineering company BMT Group Ltd has announced 2013 revenues of GBP163.3 million (U.S. $273.6 million) and underlying operating profits of GBP11.3 million in a statement on its financial performance, released June 2.  

Philippine MPA RfP piques interest of four firms –

Four foreign firms have shown interest in a PHP5.976 billion (U.S. $136 million) program to provide two long-range maritime patrol aircraft for the Philippine Air Force.




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Headlines August 31, 2015

News: Pilot killed in crash was helping wounded veterans – A pilot who died in a small plane crash in the desert northeast of Los Angeles was giving free glider rides to wounded military veterans. Turkey carries out first air strikes as part of anti-Isis U.S. coalition – Turkish fighter jets have carried out their first air...
 
 

News Briefs August 31, 2015

Pakistan officials: U.S. envoy discusses Afghan peace efforts Pakistani officials say visiting U.S. National Security Adviser Susan Rice has discussed efforts to revive Afghan peace talks. Rice met with Prime Minister Nawaz Sharif and army chief Gen. Raheel Sharif Aug. 30. Two Pakistani officials say they discussed efforts to revive talks between the Afghan government...
 
 
Courtesy photograph

F-22 inaugural deployment to Europe

Courtesy photograph A pair of F-22 Raptors fly near the coastline of Panama City Beach, Fla. Four F-22 Raptors, one C-17 Globemaster III, and approximately 60 airmen arrived at Spangdahlem Air Base, Germany, to train with allie...
 

 
ILS photograph

Boeing-built satellite will create first global high-speed broadband network

ILS photograph The Inmarsat-5 F3 satellite launched Aug. 28 aboard a International Launch Services Proton Breeze M rocket from Baikonur, Kazakhstan. EL SEGUNDO, Calif.–When the third Boeing-built [NYSE: BA] Inmarsat-5 sat...
 
 

Civil Air Patrol joins total force ‘Airmen’

When conducting missions for the Air Force as the official Air Force auxiliary, the Civil Air Patrol is now included in the Air Force’s definition of the total force. CAP has provided 74 years of support to emergency services, aerospace education and cadet programs. In August 2015, the Air Force updated Doctrine Volume 2, “Leadership,”...
 
 
DOD photograph by Air Force MSgt. Adrian Cadiz

Carter announces manufacturing initiative to aid war fighters

DOD photograph by Air Force MSgt. Adrian Cadiz Defense Secretary Ash Carter announces the creation of a National Manufacturing Innovation Institute to produce hybrid electronics during a speech at the National Full Scale Aerody...
 




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