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News Briefs April 24, 2013

Posted April 24, 2013 by

Army warns of steeper reductions in troop numbers Senior U.S. Army officials warned April 23 they may have to cut more than 100,000 additional soldiers over the next decade unless automatic spending reductions forcing the military services to slash their budgets are stopped. Gen. Ray Odierno, the Army’s chief of staff, told the Senate Armed…

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Headlines April 22, 2013

Posted April 22, 2013 by

Business U.S. defense shares soar as investors ignore predictions of contraction Automatic federal budget cuts were supposed to shake the fortunes of Pentagon contractors, with a leading industry lobbyist predicting an “unemployment Armageddon” for defense workers. Dreamliner: Boeing starts replacing 787 batteries Boeing has started replacing batteries on some of its grounded 787 Dreamliner fleet,…

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News Briefs April 22, 2013

Posted April 22, 2013 by

Yemen officials: U.S. drone kills two militants Yemeni army officials say a U.S. drone strike has killed two suspected al Qaeda militants east of the capital, sparking a retaliatory attack on a military checkpoint. It’s the third suspected U.S. drone strike in less than a week in Yemen. The officials in Marib province say at…

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News Briefs April 17, 2013

Posted April 17, 2013 by

At least 2,070 US military deaths in Afghanistan since 2001 As of April 17, 2013, at least 2,070 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 1,716 military service members have died in Afghanistan…

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Headlines

Posted April 17, 2013 by

News U.S. helicopter makes ‘hard landing’ near North Korea border A U.S. Marine helicopter made a “hard landing” April 16 during a training exercise in South Korea, near the North Korean border. South Korea’s Yonhap news agency reports that the incident with the CH-53 Super Stallion helicopter occurred at a military shooting range in Cherwon….

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Air Force officials announce civilian Reduction in Force

Posted April 17, 2013 by

In a continuing effort to meet the Department of Defense funding targets in the Fiscal Year 2012 President’s Budget and re-balance the civilian workforce, approximately 60 Air Force installations will implement civilian Reduction in Force authorities effective through about Aug. 23, to assist in the placement of employees not assigned against funded positions (termed “surplus…

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U.S. paying more for overseas bases in Germany, Japan, South Korea despite troop shifts

Posted April 17, 2013 by

The United States is footing more of the bill for overseas bases in Germany, Japan and South Korea even as the military reduces the number of American troops in Europe and strategically repositions forces in Asia, a congressional report says. The exhaustive, yearlong investigation by the Senate Armed Services Committee focused on costs and burden-sharing…

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Headlines April 15, 2013

Posted April 15, 2013 by

Business Contractors spinning off divisions as Defense budget ax falls Pentagon budget cuts were supposed to herald a wave of consolidation in the defense industry. Instead, they’re prompting contractors to shrink by spinning off divisions.   Defense Pacific shift: $527 billion request includes less for Army, more for Air Force The Pentagon’s $527 billion fiscal…

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News Briefs April 15, 2013

Posted April 15, 2013 by

EADS in talks to buy almost half a billion euros worth of shares from French government The parent company of European jet maker Airbus says it is in talks to buy back almost half a billion euros worth of its own stock from the French government. European aerospace giant EADS says in a statement April…

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Headlines April 12, 2013

Posted April 12, 2013 by

Business BAE checks Harpoon fit for anti-ship Typhoon BAE Systems has conducted first windtunnel tests to assess the suitability of integrating Boeing’s AGM-84 Harpoon anti-ship missile with the Eurofighter Typhoon.   Defense Pentagon weapons spending to be 4.5 percent less than earlier Pentagon weapons spending through 2017 will be $20.6 billion, or 4.5 percent, less…

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