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Headlines December 23, 2013

Posted December 24, 2013 by

Business: Why acquiring Beechcraft would be great for Textron, Inc. - Textron investors were left smiling Dec. 20, when shares of the defense and aerospace conglomerate jumped more than 14 percent following an encouraging bit of acquisition news from the folks over at the Financial Times. Navy orders more JSOW Glide Bombs from Raytheon - The Department of Defense…

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Headlines – January 29, 2014

Posted January 29, 2014 by

News: A three-horse race emerges for HASC gavel - The race for the House Armed Services Committee gavel is underway, and sources see the panel’s vice chairman as the odds-on favorite despite an expected challenge from an up-and-coming rival. Group tries to tie HASC members, Republican hawks to Tea Party - A left-leaning political organization has concluded…

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Headlines – March 7, 2014

Posted March 7, 2014 by

News: DOD proposes revolutionary changes in retirement benefits - After years of silence on the intensely controversial issue of military retirement reform, the Pentagon on Thursday unveiled a detailed proposal for fundamental, far-reaching changes to the current pension system, Military Times has learned.  Senate rejects overhaul of military’s handling of sexual assaults - The Senate agreed March…

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Headlines April 18, 2014

Posted April 18, 2014 by

Business: Lockheed to Lose 17 F-35s Under Automatic Pentagon Cuts - Pentagon will cut 17 of the 343 F-35 fighters it planned to buy from Lockheed Martin in fiscal 2016 through 2019 unless Congress repeals automatic budget cuts, according to a new Defense Department report. DOD looking for ways not to break MH-60R helo deal - The…

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Headlines May 19, 2014

Posted May 19, 2014 by

News: VA’s top health official resigns amid scandal over delays in vets’ care - The Veterans Affairs Department’s top health official abruptly resigned May 16 amid the exploding scandal over delays in veterans’ care.   Business: Airbus looks to overseas, cyber to grow business - free-spending days of the mid-2000s are all but over for the defense…

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News Briefs June 25, 2014

Posted June 25, 2014 by

Putin withdraws request to use force in Ukraine Russian President Vladimir Putin asked parliament June 24 to cancel a resolution sanctioning the use of military force in Ukraine, a move his Ukrainian counterpart heralded as a practical stepî toward bringing peace to a region roiled by a separatist insurgency. Putin’s announcement came after pro-Russia rebels…

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Headlines August 1, 2014

Posted August 1, 2014 by

News: Military downsizing leaves U.S. too weak to counter global threats, panel finds - An independent panel appointed by the Pentagon and Congress said July 31 that President Obama’s strategy for sizing the armed services is too weak for today’s global threats. Defense industry funds flow to contenders for key House chairmanships - Four of the top…

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News Briefs - July 10, 2012

Posted July 10, 2012 by

Syrian military conducts military exercises Syria’s military has begun large-scale military exercises involving missile tests and ground and air operations meant to test its readiness to respond to aggression. The show of force appears to be designed as a warning to the international community not to interfere in the Syrian crisis. The state-run SANA news…

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First contracted SpaceX resupply mission launches with NASA cargo to ISS

Posted October 9, 2012 by

A Space Exploration Technologies Corp. Falcon 9 rocket carrying its Dragon spacecraft lifted off from Cape Canaveral Air Force Station in Florida at 8:35 p.m., EDT, Oct. 7, beginning NASA’s first contracted cargo delivery flight, designated SpaceX CRS-1, to the International Space Station. Under NASA’s Commercial Resupply Services contract, SpaceX will fly at least 12…

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News Briefs – November 28, 2012

Posted November 28, 2012 by

U.S. military deaths in Afghanistan at 2,030 As of Nov. 27, 2012, at least 2,030 members of the U.S. military had died in Afghanistan as a result of the U.S.-led invasion of Afghanistan in late 2001, according to an Associated Press count. At least 1,693 military service members have died in Afghanistan as a result…

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