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December 10, 2012News for the aerospace industry

  Today's Top News 
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  Defense 
  • Defense cuts are an "unacceptable risk," Conn. senator says
    As he nears retirement, Sen. Joe Lieberman, I.-Conn., says he won't support any additional defense reductions as part of a sequestration compromise. "This is going to be one of my last votes as a senator," Lieberman said in a recent interview. "But I'm not going to vote for any more cuts in defense, because I think it will compromise our security." National Journal (12/7) LinkedInFacebookTwitterEmail this Story
  • F-35 may be threatened by Canadian, Italian pullback
    At the same time that the U.S. Defense Department is being pushed by those outside the agency to step away from the F-35 Joint Strike Fighter jet program, Italy has decided to cut the number of jets it buys and Canada may pull out altogether. Some fear that as nations reduce the number of Joint Strike Fighter jets they buy, the price per plane for those countries still in the program could be driven up. Defense News (12/8) LinkedInFacebookTwitterEmail this Story
  • Boeing's deal values fall, despite $4B Saudi contract
    Boeing saw the total value of its November deals slide 44% from a month earlier, even with a mammoth $4 billion contract signed with Saudi Arabia for an F-15 upgrade. Part of the slowdown is seasonal and part is likely due to uncertainty ahead of the possible "fiscal cliff," said Dan Gordon, former head of federal procurement for the Obama administration. The Washington Post (12/9) LinkedInFacebookTwitterEmail this Story
  • Sequestration standoff hampers "fiscal cliff" deal
    Disagreement over how to make up for the cuts detailed in sequestration may hold up discussions on solving the "fiscal cliff," as GOP lawmakers look to spending cuts elsewhere for a solution and Democrats push for increasing revenue. Meanwhile, the White House is beginning to direct agencies to plan for sequestration in case no deal is forged. Roll Call (free content) (12/7) LinkedInFacebookTwitterEmail this Story
  • Other News
  Commercial Aviation 
  • Union exec warns of Boeing engineer strike in early 2013
    With mediation talks between Boeing and its engineers union suspended until the new year, union officials are beginning to make preparations for a strike. "I think there is a very high chance of a strike," said Ray Goforth, executive director of the Society of Engineering Employees in Aerospace. The Seattle Times (12/7) LinkedInFacebookTwitterEmail this Story
  • Other News
  Space 
  • Rover Opportunity seeking Martian clay
    Curiosity's predecessor, Opportunity, is giving NASA scientists a glimpse into a long-mysterious part of the Martian landscape: the possibility of clay. Opportunity is exploring the ground in the Endeavour Crater, where signs point to clay minerals that may have formed under wetter conditions. Spaceflight Now (12/9) LinkedInFacebookTwitterEmail this Story
  • Other News
The Buzz(CORPORATE ANNOUNCEMENTS)

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  Suppliers' News 
  • Honeywell vies to provide engines, avionics to China's Avicopter
    China's Avicopter has agreed to consider using engines and avionics provided by Honeywell Aerospace after signing a "strategic cooperation framework agreement." According to a Honeywell official, the company is slated to provide avionics and engines for Avicopter's proposed "next-generation single/twin" aircraft. Honeywell is also vying to provide avionics for the AC352. AIN Online (12/6) LinkedInFacebookTwitterEmail this Story
  Hot Topics 

Top five news stories selected by AIA dailyLead® readers in the past week.

  • Results based on number of times each story was clicked by readers.
  AIA News 
  • AIA and industry CEOs urge Congress, president to solve "fiscal cliff"
    Four industry leaders participated in a panel discussion at the National Press Club on the effects of sequestration budget cuts on America's economy and national security. The panel also drew attention to a letter from aerospace and defense industry CEOs voicing support for current talks and urging President Obama to continue negotiations with Congress on immediate, bipartisan action to avert the upcoming "fiscal cliff," which the Congressional Budget Office says could drive America back into recession next year. Read more. LinkedInFacebookTwitterEmail this Story
  • Follow AIA on Twitter!
    If you aren't already, make sure to follow us on Twitter at @AIAspeaks to stay up-to-date on industry news. You can also "like" us on Facebook. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
Alas for those that never sing, But die with all their music in them."
--Oliver Wendell Holmes Sr.,
American physician, writer and poet


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