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Business

Military contractors look for commercial uses

Posted February 25, 2013 by Kristen Leigh Painter

The world watched earlier this month as President Barack Obama announced at the State of the Union address plans to withdraw 34,000 of the 66,000 troops remaining in Afghanistan by next year. Also this month, Skydex Technologies released its new footwear for commercial use from a quiet Centennial business park. The two events may seem…

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In the news...

Headlines: February 22, 2013

Posted February 22, 2013 by

Business Japan: 787 fuel leak probe indicates cause to be coating issue Japan’s transport ministry said Feb. 22 its fuel leak probe on a Boeing 787 Dreamliner passenger jet indicated the cause to be a coating around the mechanism that controls fuel movement between tanks. Bombardier outlook disappoints, new Learjet delayed Bombardier Inc. reported quarterly…

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Veterans

Changes to TRICARE Prime Service Areas

Posted February 22, 2013 by

Prime Service Areas are geographic areas where TRICARE Prime is offered. These PSAs were created to ensure the medical readiness of the active duty force by augmenting the capability of military hospitals and clinics. Effective Oct. 1, 2013, TRICARE Prime will no longer be available to beneficiaries living in certain areas of the United States…

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Tech

Educator teams fly on NASA’s SOFIA airborne observatory

Posted February 22, 2013 by

The first four Airborne Astronomy Ambassador educators returned safely to Earth at Palmdale, Calif., early in the morning of Feb. 13, 2013, after completing their initial flight on NASA’s Stratospheric Observatory for Infrared Astronomy, or SOFIA.

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Space

NASA releases Glory Taurus XL launch failure report summary

Posted February 22, 2013 by

NASA has released a summary report on findings from a panel that investigated the unsuccessful 2011 launch of the agency’s Glory spacecraft. The satellite, designed to improve our understanding of Earth’s climate, was lost March 4, 2011, when it failed to reach orbit after launch aboard an Orbital Sciences Corp. Taurus XL rocket from Vandenberg…

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Defense

NATO, partners still considering size of post-2014 force

Posted February 22, 2013 by Jim Garamone

NATO and partner nations are still considering the size of the force that will remain in Afghanistan once the International Security Assistance Force mission ends in December 2014, Pentagon Press Secretary George Little said Feb. 22. Little, in Brussels with Defense Secretary Leon E. Panetta, issued a statement to put down rumors about the size…

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Business

United Technologies CEO sees federal budget cuts March 1 with impact on parts, repair business

Posted February 22, 2013 by

The chief executive of United Technologies Corp. expects automatic federal budget cuts will take effect in eight days, taking a nick out of earnings of the aerospace giant. CEO Louis Chenevert told investor analysts Feb. 21 that the cuts, which are known in Washington as the “sequester,” look more likely. He says earnings would be…

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In the news...

Headlines: February 20, 2013

Posted February 20, 2013 by

Business Boeing close to fixing Dreamliner battery Boeing has found a way to fix battery problems on its grounded 787 Dreamliner jets that involves increasing the space between the lithium ion battery cells, a source familiar with the company’s plans says. As parked 787s multiply, Boeing cash drain worries grow Paine Field Airport, next to…

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Business

Union splits decision on Boeing strike authorization

Posted February 20, 2013 by Stuart Ibberson

Federal mediators have been called to schedule new talks between Boeing and the Society of Professional Engineering Employees in Aerospace. The call for mediation comes as union members split their votes with the Professional Unit accepting Boeing’s latest offer, while the Technical Unit rejected the company’s offer and authorized strike action. While engineers and technical…

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Business

Arms vendors turn to cyber security as sales drop

Posted February 20, 2013 by Malin Rising

The world’s largest arms vendors are expanding in the cybersecurity sector as austerity measures weigh on sales of traditional weapons, a Swedish peace research institute said Feb. 18. Sales by the 100 largest arms producing companies, excluding Chinese companies, fell by 5 percent to $410 billion in 2011, the Stockholm International Peace Research Institute said…

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