Keyword: defenseindustry

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  • Turkish-American F-35 engine production facility inaugurated in İzmir

    06/08/2014 2:36:20 PM PDT · by DeaconBenjamin · 13 replies
    Hürriyet ^ | June/06/2014
    Kale Pratt & Whitney, a joint venture of American aerospace manufacturer Pratt & Whitney and Turkish aviation company Kale, has inaugurated its new engine factory in the Aegean province of Izmir, where the most critical engine parts of F-35 fighter jets will be manufactured. The parts of the F-135 engine of Lockheed Martin’s F-35 fighters will manufactured, assembled and repaired at the plant, the opening of which has been marked with a ceremony attended by President Abdullah Gül, Economy Minister Nihat Zeybekci, Defense Minister İsmet Yılmaz and company managers. With the aim of producing fuselage parts for the new generation...
  • Deal Will Keep Ohio Tank Plant Running

    12/11/2013 8:27:10 AM PST · by robowombat · 7 replies
    Manufacturing Today ^ | Wed, 12/11/2013 - 5:54am
    -- U.S. Senate and House negotiators are planning to provide as much as $90 million to keep the production line running at an Ohio tank manufacturing plant. The money for the Joint Systems Manufacturing Center is included in the defense bill, which could get congressional approval as early as this week. It means Abrams tanks will continue to roll off the line at the nation's only tank manufacturing plant, in Lima (LY'-mah), about 80 miles south of Toledo. The money for the tank plant will come against the wishes of the Obama administration, which for the past two years has...
  • Girl spent 8 hours beneath bodies in French Alps (update to yesterday's story)

    09/06/2012 3:43:59 AM PDT · by nuconvert · 37 replies
    Immobilized with fear, a 4-year-old British girl huddled for eight hours beneath the legs of her slain mother in the back of a car filled with corpses on a remote Alpine road — all while French investigators stood nearby, unaware the girl was there.
  • Decades-long mission to replace Sea Kings hits another snag

    07/04/2012 8:16:23 AM PDT · by JerseyanExile · 16 replies
    The Globe and Mail ^ | July 02, 2012 | Daniel Leblanc
    After more than 25 years of trying to replace the country’s fleet of Sea King maritime helicopters, the Canadian Forces have watched another deadline come and go. Sikorsky International Operations Inc. was supposed to deliver the first of 28 state-of-the-art CH-148 Cyclones in June, after the Harper government agreed in late 2008 to extend the deadline on the $5.7-billion contract by 43 months. In the latest in a string of missteps in military procurements, Sikorsky is pushing back on the delivery, with still no official date being offered for the completion of the contract. “Sikorsky has yet to start delivering...
  • World War II reshaped the Bay Area and its people

    05/28/2012 9:20:24 PM PDT · by thecodont · 16 replies
    San Francisco Chronicle / SFGate.com ^ | Monday, May 28, 2012 | Carl Nolte
    Memorial Day is an occasion to remember the men and women who went off to war and never returned. But it is also fitting on this day to recall the soldiers, sailors and Marines who served in World War II and came back. Those men and women and their families set off a huge postwar boom that completely changed the Bay Area - and produced the region that today's residents have inherited. World War II had a huge impact on the Bay Area. It resulted in major changes in the area's racial makeup, its economy, even its physical appearance. The...
  • Papers Released Show Problems with Littoral Combat Ship (Severe hull cracks, speed limited to 15kts)

    04/28/2012 6:14:43 PM PDT · by JerseyanExile · 34 replies
    POGO ^ | April 23, 2012 | Danielle Brian
    Dear Chairmen and Ranking Members: Your Committees have repeatedly questioned the utility and effectiveness of the Littoral Combat Ship (LCS) program—which is expected to cost taxpayers more than $120 billion over the life of the program[1] and constitute as much as half of the Navy’s surface fleet.[2] Your Committees have repeatedly been assured by the Navy as well as by the ships’ manufacturers that the program is delivering quality ships. Unfortunately, the Project On Government Oversight (POGO), a nonpartisan independent watchdog that has championed responsible weapons procurement for more than three decades, has learned that these assurances about one of...
  • Need for Brazil Debt Kills US Defense Company

    11/30/2011 8:59:49 AM PST · by Kaslin · 12 replies
    Townhall.com ^ | November 30, 2011 | Political Calcululations
    How dependent has the United States government under President Barack Obama become upon borrowing money from foreign sources to support its spending? Would you believe the answer is: "enough to exclude a long-time U.S. manufacturer from consideration for a defense contract in favor of a foreign-based manufacturer, despite the U.S. manufacturer having invested considerable time and profits earned from their other products to develop a product that specifically satisfies the government's needs?" AINonline's Chris Pocock reports: The U.S. Air Force has apparently chosen the Embraer Super Tucano to meet the Light Air Support (LAS) requirement. Hawker Beechcraft's AT-6 was the...
  • America’s hidden industrial ‘surge’ weakness

    09/21/2011 6:10:05 PM PDT · by AfricanChristian · 21 replies
    Wednesday’s brief by two of DC’s top defense analysts included another interesting element besides their endorsement of an “industrial strategy” to protect the defense sector: If the U.S. got into a desperate national pinch and needed to “surge” its stocks of weapons or equipment, it probably could not do it, they said. Barry Watts and Todd Harrison, of the Center for Strategic and Budgetary Assessments, explained that there are many reasons why the U.S. could not switch on a major industrial effort like the one that built the “arsenal of democracy” in World War II: • You can’t just simply...
  • Japan: Mitsubishi Heavy comes under cyberattack: Yomiuri(major defense firm)

    09/19/2011 4:10:05 AM PDT · by TigerLikesRooster · 4 replies
    IBN ^ | 09/19/11
    Mitsubishi Heavy comes under cyberattack: Yomiuri Tokyo: Mitsubishi Heavy Industries Ltd.'s computer network was hacked at factories that build submarines and missiles and make components for nuclear power plants in the first such attack targeting Japan's defence industry, the Yomiuri newspaper said on Monday. Information from the company's computer system was seen stolen in the cyber attack, the Yomiuri said without citing where it got the information. A Mitsubishi Heavy spokesman confirmed the cyber attack, but said the firm was still investigating the case including the possibility of information leaks. Yomiuri newspaper said about 80 virus-infected computers were found at...
  • Russia Losing Valuable Arms Buyer as Chinese Defense Industry Ramps Up

    05/02/2010 9:11:55 PM PDT · by ErnstStavroBlofeld · 2 replies · 353+ views
    Defense Tech ^ | 4/30/2010 | Greg Grant
    The Hudson Institute’s Richard Weitz, posting over at Second Line of Defense, says Russian arms sales to China are drying up as Chinese industry increasingly builds its own high-tech weaponry and Beijing objects to Russian technology transfer restrictions. Since 2001, Russia has sold more than $16 billion worth of arms to China, with yearly sales peaking at $2.7 billion, he writes; accounting for nearly 40 % of all major Russian arms sales. In recent years, however, things have changed: “Since 2005, the PRC has stopped purchasing Russian warships or warplanes and has ceased signing new multi-billion arms sale contracts… The...
  • Navy F-35 study has fueled new speculation in the defense industr

    01/19/2010 11:22:47 PM PST · by ErnstStavroBlofeld · 13 replies · 615+ views
    Storms and turbulence continue to buffet Lockheed Martin’s F-35 joint strike fighter program, as observers in the military, political and investment arenas keep a close watch for progress — or the lack of it. Close on the heels of reports that the Pentagon plans to cut F-35 orders over the next several years, an internal Navy study leaked last week drove a new wave of speculation in the defense and aerospace industries. The study, by the Navy’s aviation arm, says the cost to buy and operate that service’s version of the F-35 will be dramatically higher than predicted — 40...
  • Stagnation Threatens U.S. Arms Superiority

    01/14/2010 11:05:29 PM PST · by ErnstStavroBlofeld · 1 replies · 290+ views
    American Foreign Policy Council ^ | 1/04/2010 | By Ilan Berman
    A funny thing happened in the skies over Norway last month. On Dec. 10, as U.S. President Barack Obama geared up to deliver his acceptance speech before the Nobel Prize Committee in Oslo, spectators outdoors were treated to a spectacular display of spiraling light. The cause was not a UFO, as some contended, but a failed test of the Bulava, Russia's newest sea-launched intercontinental ballistic missile. The episode was a telling reminder of the shifting strategic balance between Washington and the rest of the world. To understand the significance, one need look no further than Russia's military modernization program. That...
  • Buy My Tank, Please

    12/25/2009 12:29:03 AM PST · by myknowledge · 7 replies · 586+ views
    Strategy Page ^ | December 24, 2009
    Russia announced that arms exports for 2009 would be $8.5 billion. That's less than two percent more than last year's $8.35 billion. This is not good. Increasing these sales is very important for the government. The defense industry employs nearly three million people and accounts for about 20 percent of industrial jobs in Russia. At the end of the Cold War in 1991, defense work was more than three times as large as it is now. It was the large size of the defense industry that played a major role in bankrupting the Soviet Union. The Russians were never quite...
  • Russia’s Eternal Military-Industrial Kolkhoz (pampered inefficient but protected by Putin)

    11/03/2009 8:56:58 AM PST · by TigerLikesRooster · 5 replies · 427+ views
    The Moscow Times ^ | 11/03/09 | Alexander Golts
    Russia’s Eternal Military-Industrial Kolkhoz 03 November 2009 By Alexander Golts It seems that professional observers of Russia’s endless political antics have something new to add to their list. People have long ceased to be amazed by the fact that Prime Minister Vladimir Putin has a habit of meddling in Russia’s military affairs, national security and foreign policy — all of which belong to the constitutional domain of President Dmitry Medvedev. But the president has unexpectedly stuck his nose into an area that had previously belonged to Putin alone. Last week, Medvedev visited the NPO Mashinostroyenia missile design bureau in Reutov,...
  • Obama, Gates are gutting America’s defense industry

    08/31/2009 6:26:41 PM PDT · by neverdem · 35 replies · 1,031+ views
    Washington Examiner ^ | August 30, 2009 | James Carafano
    It isn’t easy to put U.S. defenses back on track after they’ve endured a season of neglect. Gen. William Snow found that out firsthand. Snow’s job, when he arrived in Washington in the World War I era, was to direct the buildup of artillery for the Allied Expeditionary Force. He thought his office should have stationery reflecting the importance of the task. His request was rejected. Rather than fund this extravagance, it was suggested the general purchase a rubber stamp to mark his correspondence. Snow had joined a War Department completely unprepared to fight a war. The Army hadn’t been...
  • US keeps pushing Norway to buy Joint Strike Fighter jets

    05/23/2006 12:31:53 PM PDT · by Kurt_Hectic · 7 replies · 551+ views
    www.aftenposten.no ^ | 23 May 2006, 16:28 | Aftenposten's reporter Morten Fyhn - Aftenposten English Web Desk Nina Berglund
    US President George W Bush's new man in Oslo applied some not-so-subtle pressure on Norway to buy US Joint Strike Fighter jets this week, saying a failure to do so would weaken military operations between the countries. Not true, responded a top Norwegian military official. "No matter what type of fighter jet we decide to buy, it will be NATO-compatible," Espen Barth Eide of the Defense Ministry told newspaper Aftenposten on Tuesday. Barth Eide was responding to remarks made by US Ambassador Benson K Whitney during a speech Monday before The Norwegian Atlantic Committee, an independent organization that aims to...
  • JCS Chairman Pace Engages in Wishful Thinking About Beijing's Military Ambitions

    02/12/2006 9:07:01 AM PST · by Willie Green · 16 replies · 396+ views
    AmericanEconomicAlert.org ^ | Saturday, February 11, 2006 | William R. Hawkins
    For education and discussion only. Not for commercial use. Marine Gen. Peter Pace, Chairman of the Joint Chiefs of Staff, claimed Feb. 3 that the risk of war with China is diminishing. "I am optimistic about the future with regard to China. There is much more that the two countries have in common than we have not in common," said Pace, while in Seoul, South Korea. I am normally reluctant to dispute the opinions of top military officers, particularly one with such a distinguished record dating back to being a platoon leader in Vietnam. But the general's remarks seem at...
  • Florida Is Home to Extensive Technology Development

    08/16/2005 7:58:12 AM PDT · by Our_Man_In_Gough_Island · 10 replies · 351+ views
    Voice of America ^ | 15 August 2005 | Paul Sisco
    The odd shaped piece of the American geographic puzzle is Florida, the southern-most of North America's United States. An aerial view of the Central Florida Research Park, located in Orlando The service sector is the number one industry in Florida, fueled by 40 million annual tourists to the state. But what many of those visitors don't know is that central Florida is now a major technology center, among the fastest-growing anywhere. There is Disney, of course; besides the theme park, its film studios and animation center are among the most sophisticated in the world. Here too is defense contractor Lockheed...
  • California defense contractor warns employees following computer theft

    02/04/2005 3:14:49 AM PST · by bd476 · 29 replies · 1,275+ views
    California defense contractor warns employees following computer theft The Associated Press Feb 3 2005 3:16PM "Thieves stole several computers containing personal information on 45,000 current and former shareholders of defense contractor Science Applications International Corp., which began alerting those people on Thursday. SAIC is one of the nation's largest employee-owned companies. The computers stolen from an SAIC administrative building in San Diego contained the name, Social Security number, address and telephone number of current and former shareholders, including the number of shares bought, held and sold. The company said it had no evidence that the thieves accessed the information or...
  • Defense Stocks Stage 'Relief Rally'

    11/03/2004 6:00:04 PM PST · by wagglebee · 162+ views
    NewsMax ^ | 10/3/04 | NewsMax/AP
    Defense stocks jumped higher Wednesday in what one analyst called a "relief rally" following President Bush's re-election. Downplaying the impact of the election, the head of Boeing's defense unit said he still sees slower growth ahead for U.S. spending on military contracts after the surge that occurred throughout Bush's first term. Nonetheless, shares in the nation's three biggest military contractors surged, making defense one of the strongest sectors on a bullish day on Wall Street. Lockheed Martin Corp.'s stock rose $1.56 per share, or 3 percent, to $55.67 in afternoon trading on the New York Stock Exchange. Boeing Co. shares...
  • U.S. Manufacturing Crisis: White House Talks, but Defense Industry Walks (Overseas)

    10/08/2003 12:08:33 PM PDT · by Willie Green · 45 replies · 367+ views
    TradeAlert.org ^ | Wednesday, October 08, 2003 | William R. Hawkins
    For education and discussion only. Not for commercial use.In response to the growing political agitation over the “jobless recovery” and the loss of manufacturing jobs under the impact of imports and outsourcing, the Bush Administration has launched a media campaign touting the importance of industry to the economy and the nation´s security.  In his Labor Day address, President George W. Bush said,.  “I understand for a full recovery, to make sure people can find work, that manufacturing must do better.  And we've lost thousands of jobs in manufacturing....some of it because production moved overseas.” In a recent Washington Times column,...
  • Northrop Grumman to Acquire TRW for $60 Per Share in Stock

    07/01/2002 11:24:46 AM PDT · by Magnum44 · 8 replies · 231+ views
    TRW News Release ^ | 1 July 2002
    Northrop Grumman to Acquire TRW for $60 Per Share in Stock $7.8 Billion Transaction Positions Northrop Grumman As Nation's Second Largest Defense Contractor Adds Significant Strengths in Satellite Systems, Missile Defense and Systems Integration Capabilities TRW's Board Achieves Goal of Enhancing Shareholder Value Northrop Grumman Confirms 2002 Financial Guidance; Says It Will Achieve Double-Digit Growth for 2003; and Projects Double-Digit Growth for 2004 2003 Sales Expected to Be $26 to $27 Billion LOS ANGELES and CLEVELAND, July 1 /PRNewswire-FirstCall/ -- Northrop Grumman Corporation (NYSE: NOC) and TRW Inc. (NYSE: TRW) jointly announced that they have entered into a definitive merger...