06/24/13 Comprehensive Real-Time News Feed for Aerospace-Defense.

• Asia driving 'explosion' in global arms trade: study _{2013-06-24, 07:50 pm}
  Asian powers are outpacing the United States to become the biggest spenders on defense by 2021 and are fuelling an "explosion" in the global arms trade, a study showed.
• AIG to Decide ILFC's Fate Soon - Analyst Blog _{2013-06-24, 05:00 pm}
  The sale of American International Group Inc. 's aircraft-leasing unit - International Lease Finance Corporation -- missed its latest mid-June deadline, compelling the company to register for an initial public offering of the latter.
• Asian arms race driving global weapons trade _{2013-06-24, 08:39 pm}
  The MBDA Missile Systems on display at the 50th Paris Air Show at the Le Bourget airport near Paris Photo: Reuters London: Asian powers are outpacing the United States to become the biggest spenders on defence by 2021 and are fuelling an "explosion" in the global arms trade, a study showed.
• Asia driving "explosion" in global arms trade-study _{2013-06-24, 08:29 pm}
  Asian powers are outpacing the United States to become the biggest spenders on defence by 2021 and are fuelling an "explosion" in the global arms trade, a study showed.
• JAA breaks ground on Flightstar hangar _{2013-06-24, 06:51 pm}
  The Jacksonville Aviation Authority broke ground at Cecil Airport on a new 150,000 square foot hangar for Flightstar.
• Northrop Grumman Begins Sampling New Gallium Nitride Packaged Power Amplifier for Military, Commercial High-Power Amplifier Needs _{2013-06-24, 06:48 pm}
  Northrop Grumman Corporation [ NYSE: NOC ] has developed a new gallium nitride flange packaged power amplifier, APN180FP, targeting military and commercial Ka-band communication applications.
• Boeing details environmental gains _{2013-06-24, 06:10 pm}
  The Boeing Co.' s manufacturing facilities in the past five years have reduced hazardous waste by 33 percent, carbon dioxide emissions by 26 percent and energy use by 21 percent.
• Rockwell Collins to Issue Third Quarter FY 2013 Financial Results on July 19 _{2013-06-24, 05:53 pm}
  An investor conference call and simultaneous webcast to review the financial results will follow at 9:00 a.m. Eastern Time.
• 4 Stocks Making Big Moves _{2013-06-24, 05:46 pm}
  The following video is from Monday's Investor Beat, in which host Chris Hill and analysts Jason Moser and Andy Cross dissect the hardest-hitting investing stories of the day.
• Navistar CFO Andrew Cederoth resigns _{2013-06-24, 05:37 pm}
  Cederoth was the CFO of Navistar since September 2009 and the company said his resignation was part of a planned transition to a new CFO.
• Navistar CFO Andrew Cederoth to resign _{2013-06-24, 05:28 pm}
  Navistar International Corp on Monday said Chief Financial Officer Andrew Cederoth will resign by the end of June, the latest management change at the truck and engine maker that is looking to recover from a disastrous engine redesign.
• GE Capital Provides $89 Million in Medical Office Building Financing to MB Real Estate _{2013-06-24, 05:27 pm}
  June 24, 2013 - GE Capital, Healthcare Financial Services announced today that it has provided $89 million in senior secured financing to MB Real Estate.
• IDG's Computerworld Names World Wide Technology to 2013 List of 100... _{2013-06-24, 05:10 pm}
  WWT ranked as number five among the 100 top organizations that challenge their IT staffs while providing great benefits and compensation.
• AIG Falls as ILFC Swaps Widen to Highest of Year: New York Mover _{2013-06-24, 04:58 pm}
  American International Group Inc. headed for a seventh straight decline on speculation the insurer will be unable to raise as much money as planned by selling its plane-leasing unit.
• China Beckons Pratt as Jet-Engine Makers Look Past Boeing-Airbus _{2013-06-24, 04:57 pm}
  Pratt & Whitney said it's working with Commercial Aircraft Corp. of China Ltd. on proposals for a new wide-body jet after Boeing Co.
• Slack and Co. celebrates 25 years _{2013-06-24, 04:35 pm}
  Slack and Co., Chicago, which is marking its 25th anniversary this month, has kept its focus as a pure-play b2b agency while expanding its client roster in a variety of industries.
• AIG Revives Plane Unit IPO After Continued Delay in China Sale _{2013-06-24, 04:21 pm}
  American International Group Inc. revived plans for an initial public offering of its plane- leasing unit after the insurer extended a deadline for a group of Chinese investors to buy the business.
• Northrop Grumman Awarded U.S. Navy Contract for Littoral Combat Ship Mission Package Integration _{2013-06-24, 04:07 pm}
  Northrop Grumman Corporation has received a $28 million contract from the U.S. Navy for engineering and production planning services for surface warfare and mine countermeasures mission module components that will deploy from, and integrate with, the littoral combat ship .
• OSI, Boustead Contracted for Royal Malaysian Navy LCS _{2013-06-24, 04:06 pm}
  OSI Maritime Systems is announced the signing of a Letter of Award with Boustead Naval Shipyard , Malaysia.
• BA & GD Win DoD Contracts - Analyst Blog _{2013-06-24, 04:00 pm}
  The Boeing Company and General Dynamics Corporation have won contracts from the U.S. Department of Defense .

04/18/13 Comprehensive Real-Time News Feed for Aerospace-Defense.

• Boeing Announces Reductions in the Northwest but Fails to Mention... _{2013-04-18, 08:44 pm}
  "We find it extremely disappointing that Boeing Commercial Airplanes is actively outsourcing engineering work to the Moscow Design Center while laying off employees in the Northwest" As The Boeing Company works to assure the FAA and customers the 787 is ready to resume service, the company today announced plans to reduce its workforce by 1,500 to ... (more)
• Boeing Announces Reductions in the Northwest but Fails to Mention... _{2013-04-18, 08:21 pm}
  "We find it extremely disappointing that Boeing Commercial Airplanes is actively outsourcing engineering work to the Moscow Design Center while laying off employees in the Northwest" As The Boeing Company works to assure the FAA and customers the 787 is ready to resume service, the company today announced plans to reduce its workforce by 1,500 to ... (more)
• Former Parsippany resident, ex-Army sergeant shot dead in San Diego _{2013-04-18, 08:08 pm}
  Christopher Black, 28, died of a gunshot wound to the chest in San Diego, reports said.
• Antares Rocket Debut Flight Reset for Saturday _{2013-04-18, 08:06 pm}
  Orbital Sciences Corp., the second of two firms hired by NASA to haul cargo to the International Space Station, will try again Saturday to launch its new Antares rocket, officials said Thursday.
• Alabama Wooed Airbus as Executives Were Skeptical of Deep South _{2013-04-18, 08:04 pm}
  In June 2011, Alabama Governor Robert Bentley traveled to the Paris Air Show , Europe 's largest aerospace industry gathering, in hopes of luring foreign investment to his state.
• Graffiti strikes at Gulfstream _{2013-04-18, 07:54 pm}
  Employees of Gulfstream Aerospace Corp. employees are alarmed after threatening graffiti was found in the bathroom.
• Whisper Number Impact: Earnings Preview For Honeywell _{2013-04-18, 07:52 pm}
  Honeywell Intl is expected to report fiscal first quarter earnings on Friday, April 19th.
• U.S. urges Dutch to stick by F-35 fighter order _{2013-04-18, 07:51 pm}
  The Department of Defense urged the Netherlands on Thursday not to cut its order for advanced F-35 warplanes, saying it could end up paying more per plane if it did.
• Test launch of private rocket scrubbed in US _{2013-04-18, 07:48 pm}
  A private company contracted by the U.S. space agency to make supply runs to the International Space Station scrubbed a Wednesday test launch of an unmanned rocket, saying cables linked to the rocket's second stage apparently detached too early in blustery winds.
• U.S. Stocks Drop as European Shares Erase Early Gains _{2013-04-18, 07:16 pm}
  U.S. stocks fell for a second day amid disappointing earnings reports and data on leading economic indicators and Philadelphia-area manufacturing that trailed estimates.
• Named Official Webby Awards Honoree _{2013-04-18, 06:05 pm}
  SPACE.com, the premier destination for innovation, technology, entertainment, astronomy and space news, announced yesterday that it has been selected as an Official Honoree in the Science category of the 17th Annual Webby Awards.
• CU-Boulder Chancellor Phil DiStefano announces panel to explore funding streams _{2013-04-18, 05:59 pm}
  University of Colorado Chancellor Phil DiStefano has tapped 11 members of the public -- including local entrepreneur Brad Feld and former Lockheed Martin president Norman Augustine -- for a council that will explore new funding streams for the school.
• Boeing sees up to 1,700 engineer job cuts on gap in jet work _{2013-04-18, 03:56 pm}
  Boeing Co. said it will reduce its engineering workforce by as many as 1,700 positions this year, adding to cuts of as many as 2,300 machinists, amid a gap in work on new plane models.
• Gun stocks lag after gun control bill fails _{2013-04-18, 03:02 pm}
  Gun sales have been driven by many new buyers, including women, who feared more gun restrictions.
• Weather pushes Wallops rocket relaunch to Saturday _{2013-04-17, 03:00 am}
  A test launch of an unmanned rocket from Wallops Flight Facility has been tentatively rescheduled for 5 p.m. Saturday.
• SAE 2013 World Congress Reception in Detroit _{2013-04-18, 06:32 pm}
  With an amazing display of diversity, law firm Butzel Long celebrated yesterday, Wednesday, April 17th, its SAE 2013 World Congress reception in its Detroit office.
• Boeing to lay off 700 engineers in 2013 _{2013-04-18, 06:21 pm}
  Boeing will need up to 1,700 fewer engineers this year, partly because design work on the 787-9 is winding down.
• China Luxury Jet Sales Set to Surge Amid Xi's Austerity Drive _{2013-04-18, 06:11 pm}
  Customers may buy about 40 private jets this year in China, compared with 27 ordered in 2012, amid a surge in wealth, said Richard Koe, managing director at Hamburg, Germany-based Wingx Advance Gmbh , a business-aviation data company.
• Boeing has teams ready to make 787 battery fixes _{2013-04-18, 06:06 pm}
  The Boeing Co. has formed field teams that will be responsible for implementing its proposed battery fixes on the 787 Dreamliner, assuming regulators give those plans the final go-ahead. The Boeing Co .
• US Stocks Continue Their Slide _{2013-04-18, 06:00 pm}
  Overnight economic data from China solidified prior news that Chinese homebuyers were aggressively speculating on further home price gains.

United Technologies could climb 18% to $110 'in the next year', Barron's says

United Technologies could climb 18% to $110 'in the next year', Barron's says United Technologies' (UTX) purchase of Goodrich could help propel the company's stock up 18%, to $110 per share over the next year or 18 months, Barron's contends. Reference Link

http://www.theflyonthewall.com/permalinks/entry.php/UTXid1811004/UTX-United-Technologies-could-climb--to--in-the-next-year-Barrons-says

Rocket rolled out at NASA's Vaa

A rocket headed to the International Space Station from NASA's Wallops Flight Facility on Virginia's Eastern Shore is one step closer to its inaugural flight.

http://www.wavy.com/dpp/news/virginia/ap_virginia/Rocket-rolled-out-at-NASAs-Va-flight-facility_33098792

Rocket rolled out at NASA's E. Shore flight facility

A rocket headed to the International Space Station from NASA's Wallops Flight Facility on Virginia's Eastern Shore is one step closer to its inaugural flight.

http://hamptonroads.com/2013/04/rocket-rolled-out-nasas-e-shore-flight-facility

Barrow crowds welcomed William and Kate to BAE Systems shipyard

CROWDS lined the streets outside Barrow shipyard as members of the public turned out to get a glimpse of the Duke and Duchess of Cambridge.

http://www.nwemail.co.uk/news/barrow-crowds-welcomed-william-and-kate-to-bae-systems-shipyard-1.1047848?referrerPath=/evening-mail-news-round-up-1.118665

Rocket rolled out at NASA's Va flight facility

A rocket headed to the International Space Station from NASA's Wallops Flight Facility on Virginia's Eastern Shore is one step closer to its inaugural flight.

http://www.wset.com/story/21897588/rocket-rolled-out-at-nasas-va-flight-facility

Orbitz Keeps On Keeping On and 2 Stocks Reaching 52-Week Highs

On Thursday, Delta Air Lines placed an order for over $60 million with Innovative Solutions & Support for a complete systems integration, dual GPS navigation and cockpit avionics upgrade of Delta's MD88 and MD90 aircraft.

http://wallstcheatsheet.com/stocks/orbitz-keeps-on-keeping-on-and-2-stocks-reaching-52-week-highs.html/

Toyota to pay out $16 million to settle unintended acceleration suit

California prosecutors have announced a $16 million settlement in a suit against Toyota over the safety recall of over 14 million Toyota vehicles at risk for unintentional acceleration and braking issues in 2009 and 2010.

http://www.examiner.com/article/toyota-to-pay-out-16-million-to-settle-unintended-acceleration-suit?cid=rss

Kate Middleton In Armani On Second Day Of Royal Tour In Scotland [PHOTOS]

Catherine Middleton, the Duchess of Cambridge, is a global fashion icon and part of that appeal lies in her willingness to repeat outfits ... something a traditionally fashion-conscious celebrity would be to loathe to do.

http://au.ibtimes.com/articles/454235/20130406/kate-middleton-pregnant-scotland-tour-coats-photos.htm

United Space Alliance cuts 68 jobs in final shuttle layoffs

United Space Alliance let go 68 local employees in its last round of layoffs tied to retirement of the space shuttle program.

http://www.floridatoday.com/needlogin?type=login&redirecturl=http%3A%2F%2Fwww.floridatoday.com%2Fapps%2Fpbcs.dll%2Farticle%3FAID%3D2013304060030%26nclick_check%3D1

Embraer launches KC-390 critical design review

Embraer is undertaking a critical design review for its KC-390 tactical transport and tanker, a top company official says.

http://www.flightglobal.com/news/articles/embraer-launches-kc-390-critical-design-review-383490/

USAF orders Sierra Nevada and Embraer to continue working on Afghan LAS contract

The US Air Force is ordering Sierra Nevada Corporation and partner Embraer to restart work on a contract to supply Afghanistan with 20 A-29 Super Tucano light attack aircraft.

http://www.flightglobal.com/news/articles/usaf-orders-sierra-nevada-and-embraer-to-continue-working-on-afghan-las-contract-383590/

D-Wave sells second-generation quantum computer to aviation firm

When the world's largest defence contractor reportedly paid $10 million for a super-fast quantum computer, the Burnaby company that built it earned a huge vote of confidence.

http://www.canada.com/vancouversun/news/business/story.html?id=18902cde-7d37-493e-80ad-bcb8653003ac&k=61809&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+canwest%2FF261+%28Vancouver+Sun+-+BusinessBC%29

Washington: Hammack focuses on the Organic Industrial Base, installation resiliency

Gen. Dennis L. Via, commanding general of Army Materiel Command, welcomed Katherine Hammack, assistant secretary of the Army for Installations Energy and Environment, to Redstone Arsenal, April 3. Hammack visited Redstone Arsenal to discuss Army energy initiatives for Army Materiel Command, known as AMC, the installation, the Corps of Engineers' ... (more)

http://www.utilityproducts.com/news/2013/04/06/washington-hammack-focuses-on-the-organic-industrial-base-installation-resiliency.html

Fuentek President to Participate in Webinar on Open Innovation Best Practices for University TTOs

Laura Schoppe Discusses Best Practices for Open Innovation and A Shared-Risk, Shared-Reward Model for University TTOs on April 19.

http://www.pr.com/press-release/483543

Poised to Achieve Air Supremacy

United Technologies worried investors with its pricey purchase of Goodrich. But now it has a chance to rule the skies.

http://online.barrons.com/article/SB50001424052748703769504578396602087353448.html?mod=BOL_hpp_mag

Outgoing F-35 programme boss shares hard won lessons

After spending 12 years fronting the Lockheed Martin F-35 programme, retiring executive vice-president Tom Burbage is now able to look back in hindsight on a few key lessons that could have spared the programme a costly redesign and a troubled relationship with international partners.

http://www.flightglobal.com/news/articles/outgoing-f-35-programme-boss-shares-hard-won-lessons-383932/

How much do we eat?

The state's estimate for how much fish eat is dramatically different for Washington at 6.5 grams and Oregon at 175 grams per day.

http://www.heraldnet.com/article/20130405/NEWS01/704059935/0/SPORTS

US reveals details of F-15SE, F-35A bids for South Korea

The US Department of Defense formally notified the US Congress of potential sales of the Boeing F-15SE Silent Eagle and Lockheed Martin F-35 Joint Strike Fighter to South Korea on 29 March.

http://www.flightglobal.com/news/articles/us-reveals-details-of-f-15se-f-35a-bids-for-south-korea-384180/