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Headlines – February 3, 2014

Posted February 3, 2014 by

News: NATO chief doesn’t see Karzai signing security pact - President Hamid Karzai is unlikely to sign a pact for U.S. and NATO forces to stay in Afghanistan after 2014 and will probably leave the choice for his successor, NATO chief Anders Fogh Rasmussen said Feb. 1.   Business: Air Force looking for JSTARS recapitalization - The…

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News Briefs February 3, 2014

Posted February 3, 2014 by

Updated online tour of Ohio’s Air Force museum Fans of Ohio’s National Museum of the U.S. Air Force don’t have to brave the snowy highways to see an updated showcase of aircraft and exhibits. An online virtual tour of the Dayton area museum’s Cold War Gallery has been updated. It’s a 360-degree, in-depth look providing…

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Headlines – January 31, 2014

Posted January 31, 2014 by

Business: Northrop profit, sales top view; eyes higher EPS in 2014 - Northrop Grumman, maker of surveillance drones and other military equipment, Jan. 30 reported higher-than-expected quarterly earnings despite a drop in revenues and said share buybacks would drive earnings per share higher in 2014.  Raytheon fourth-quarter earnings beat estimates, foreign sales strong - U.S. arms maker…

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News Briefs January 31, 2014

Posted January 31, 2014 by

U.S. military deaths in Afghanistan at 2,169 As of Jan. 29, 2014, at least 2,169 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 1,792 military service members have died in Afghanistan as a result…

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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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News Briefs January 29, 2014

Posted January 29, 2014 by

Navy: Jet crash pilot listed in good condition The Navy says the condition of a fighter pilot whose jet crashed off the coast of Virginia is improving. Naval Air Force Atlantic spokesman Mike Maus said Jan. 28 that the pilot is listed in good condition. He was originally listed in critical condition by medical staff…

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Headlines – January 27, 2014

Posted January 27, 2014 by

Business: Lockheed falls 4 percent as profit plunges amid U.S. budget cuts - Lockheed Martin, the U.S. government’s largest contractor, fell the most in more than two years after its fourth-quarter profit plunged 14 percent.  Boeing, General Dynamics reach $400 million A-12 settlement with U.S. Navy - Boeing and General Dynamics on Jan. 23 each agreed to…

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News Briefs January 27, 2014

Posted January 27, 2014 by

North Korea says South should end drills with U.S. North Korea’s ambassador to the United Nations is again demanding that South Korea cancel its upcoming joint military exercises with the United States. Sin Son Ho’s words echoed similar demands by the North’s National Defense Commission earlier this month, when it proposed the rivals halt military…

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U.S. sues KBR in connection with Army work in Iraq

Posted January 27, 2014 by

The federal government is suing Kellogg, Brown & Root Services Inc., charging that the defense contractor submitted false claims and took kickbacks in connection to a U.S. Army contract in Iraq. The government alleges that KBR employees took kickbacks from two Kuwaiti companies that it hired as subcontractors in 2003 and 2004, then filed claims…

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Headlines – January 24, 2014

Posted January 24, 2014 by

News: General Dempsey’s ‘failures in leadership’ cited in Benghazi disaster - Congress generally has given the Pentagon a pass on failing to come to the aid of Americans in Benghazi — that is until now. Six Republicans on the Senate Select Committee on Intelligence, led by Vice Chairman Saxby Chambliss of Georgia, have issued a blistering…

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