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Spirit AeroSystems announces 360 layoffs

Posted July 29, 2013 by Roxana Hegeman

Spirit AeroSystems is laying off about 360 salaried support and management employees at its Kansas and Oklahoma facilities, the Wichita-based aircraft parts maker announced July 25. The company said that while it had a ìcost challenge to address, its core business is performing well at unprecedented production rate that is driving its revenue, earnings and…

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Headlines July 26, 2013

Posted July 26, 2013 by

News GPS flaw could let terrorists hijack ships, planes The world’s GPS system is vulnerable to hackers or terrorists who could use it to hijack ships – even commercial airliners, according to a frightening new study that exposes a huge potential hole in national security.   Business Arms makers boost profits despite Pentagon budget headwinds…

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News Briefs July 26, 2013

Posted July 26, 2013 by

Alabama governor seeks help with Guard furloughs Alabama’s governor has written the president to try to get help with furloughs for some Alabama National Guard members. Gov. Robert Bentley asked President Barrack Obama to direct the Department of Defense to grant the state’s National Guard the authority to shift funds and avoid further furloughs of…

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News Briefs July 24, 2013

Posted July 24, 2013 by

Northrop Grumman second quarter net income rises two percent Defense contractor Northrop Grumman said July 24 that second-quarter net income rose 2 percent, easily beating Wall Street expectations, and the company boosted its outlook for the full year. Northrop Grumman, based in Falls Church, Va., earned $488 million, or $2.05 per share, up from $480…

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Congress threatens Afghanistan over U.S. exit taxes

Posted July 24, 2013 by Bradley Klapper

Lawmakers threatened Afghanistan July 23 with severe cuts in foreign aid if President Hamid Karzai’s government institutes an exit tax on American military equipment, food supplies and other goods as the United States pulls most of its troops and much of its property out of the country over the next 18 months. I have seen…

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Headlines July 22, 2013

Posted July 22, 2013 by

News Joint Chiefs chairman seeks Afghan troops deal by October America’s top general July 22 said he would like to see a security agreement with Afghanistan signed by October to give NATO enough time to prepare for a post-2014 military presence instead of a total pullout.   Business EADS to consider adopting name of plane-making…

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News Briefs July 22, 2013

Posted July 22, 2013 by

Air Force considers drilling for oil at Vandenberg U.S. Air Force officials said they will study the economic and environmental feasibility of a proposal to lease land on Vandenberg Air Force Base, Calif., to companies that want to drill for oil and natural gas on California’s central coast. Mark Meier, chief counsel for the State…

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U.S. drops unarmed bombs on Great Barrier Reef

Posted July 22, 2013 by Rod McGuirk

Two American fighter jets dropped four unarmed bombs into Australia’s Great Barrier Reef Marine Park last week when a training exercise went wrong, the U.S. Navy said, angering environmentalists. The two AV-8B Harrier jets launched from aircraft carrier USS Bonhomme Richard each jettisoned an inert practice bomb and an unarmed laser-guided explosive bomb into the…

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Headlines July 19, 2013

Posted July 19, 2013 by

News More trouble for the Dreamliner Boeing’s disaster-hit Dreamliner aircraft ran into trouble again July 18 when a Japan Airlines flight from Boston was forced to turn around and return to its destination. Flow of U.S. military gear across Afghan borders halts amid dispute An escalating dispute between the Afghan government and the United States…

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News Briefs July 19, 2013

Posted July 19, 2013 by

U.K. investigators: Disable locator beacon on 787s U.K. air accident investigators are recommending that all Honeywell emergency transmitters should be temporarily disabled on Boeing 787s following a fire last week at London’s Heathrow Airport. The Air Accidents Investigation Branch said July 18 that the greatest damage to the parked Ethiopian Airlines Dreamliner occurred in the…

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