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Headlines: February 6, 2013

Posted February 6, 2013 by

Business Dreamliner probe results “weeks away,” NTSB chief says The National Transportation Safety Board is “probably weeks away” from completing its probe into battery problems on the Boeing 787 Dreamliner, but will share its latest information on the jet Feb. 7, agency head Deborah Hersman said. Boeing asks for permission to start new Dreamliner flights…

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News Briefs February 6, 2013

Posted February 6, 2013 by

United Technologies approves buyback of 60 million shares United Technologies may buy back up to 60 million of its shares, replacing an approximately $4.3 billion stock buyback program which began almost three years ago and is nearly spent. The industrial conglomerate said Feb. 4 that the new program’s value is $5.4 billion at today’s stock…

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Headlines: February 4, 2013

Posted February 5, 2013 by

News Boeing sues Sea Launch partners for $350 million Boeing has sued its Russian and Ukrainian partners in satellite launch service Sea Launch, saying they refused to pay it more than $350 million following the joint-venture’s bankruptcy filing in 2009.     Business Pratt & Whitney seals F-35 engine deal with Pentagon Pratt & Whitney,…

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News Briefs February 4, 2013

Posted February 5, 2013 by

Navy sets cost controls at Maine sub shipyard A U.S. Navy admiral says new cost-control measures will impact Portsmouth Naval Shipyard. Foster’s Daily Democrat says Adm. Jonathan Greenert, chief of naval operations, wrote in a Jan. 25 memo that the Navy is looking to reduce “base operating support” by 10 percent in the coming year….

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Headlines: February 1, 2013

Posted February 1, 2013 by

Space How Columbia crew died in ignorance NASA has revealed that the Columbia crew were not told that the shuttle had been damaged and they might not survive re-entry. The seven astronauts who died will be remembered at a public memorial service on the 10th anniversary of the disaster this Friday at Florida’s Kennedy Space…

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News Briefs February 1, 2013

Posted February 1, 2013 by

Northrop Grumman fourth quarter net income falls 3 percent Defense contractor Northrop Grumman said Jan. 30 its fourth-quarter net income fell 3 percent, hurt by lower government spending. The Falls Church, Va.,-based company earned $533 million, or $2.14 per share, down from $548 million, or $2.09 per share, a year ago. The recent quarter’s results…

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Body of missing pilot recovered in Adriatic

Posted February 1, 2013 by

Courtesy photograph Capt. Lucas Gruenther, 31st Fighter Wing chief of flight safety, is pictured mountain climbing in Italy. Gruenther was declared missing during a nighttime training mission Jan. 28, 2013. The body of the fighter pilot who went missing during a training mission over the Adriatic Sea Jan. 28 was recovered early this afternoon by…

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Headlines: January 30, 2013

Posted January 30, 2013 by

News   F-16 fighter jet from U.S. Air Force base ‘crashes in Adriatic Sea off the coast of Italy during training exercise The Air Force is searching the Adriatic Sea after losing contact with a U.S. fighter jet during a training mission off the coast of Italy. The headquarters of the 31st Fighter Wing, at…

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News Briefs – January 30, 2013

Posted January 30, 2013 by

Italy backs off on military assistance in Mali Italian Premier Mario Monti says Italy is backing off its commitment to assist France’s military campaign against Islamist fighters in Mali because his caretaker government lacks political support on the issue during the run-up to national elections next month. A proposal to send three transport planes and…

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Air Force photograph by A1C Matthew Lotz
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Recovered debris thought to be wreckage of missing aircraft

Posted January 30, 2013 by

Air Force photograph by A1C Matthew Lotz An F-16 Fighting Falcon takes off from Aviano Air Base, Italy. The 31st Fighter Wing, Aviano Air Base, Italy, launched several of its F-16 Fighting Falcon aircraft Jan. 29 to join the ongoing search effort for a U.S. Air Force fighter pilot who was declared missing during a…

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