Panetta pitches Boeing to Brazil | McKeon plans to block cuts to Army's heavy brigades | Lawmakers push to restore submarine funding
April 26, 2012
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Panetta pitches Boeing to Brazil
During a trip to Rio de Janeiro this week, Defense Secretary Leon Panetta urged Brazil to choose Boeing to supply fighter jets that the nation intends to buy. The offer for the Super Hornet fighters "contains an unprecedented advanced technology sharing that is reserved for only our closest allies and partners," Panetta said. The Hill/DEFCON Hill blog (4/25)
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McKeon plans to block cuts to Army's heavy brigades
As part of a bigger push-back on possible sequestration defense cuts, Rep. Buck McKeon, R-Calif., has vowed to block cuts to the Army's heavy brigades. The chairman of the House Armed Services Committee wants more funding for combat vehicles and missile defense. Defense News (4/25)
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Lawmakers push to restore submarine funding
The House Armed Services Committee's sea-power panel wants to restore funding for a Virginia-class submarine that would lose its funding under the proposed military budget. The move would restore a second submarine to the Navy in 2014; under the budget proposal, the Navy would buy only one that year. Bloomberg Businessweek (4/25), AOL Defense (4/25)
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Pentagon creates espionage department
The Pentagon has created an intelligence outfit to help with targeting espionage efforts at high-priority targets beyond war zones. The Defense Clandestine Service, set to work with the CIA, will likely focus on issues such as counterterrorism and nuclear nonproliferation, this feature says. The Washington Post (tiered subscription model) (4/23)
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General Dynamics says defense cuts caused Q1 profits to fall
General Dynamics pointed to reduced military spending as the cause of its first-quarter decline in net income. The Falls Church, Va.-based defense firm says it's working to boost productivity and trim costs to compensate for the slowdown in orders. The Washington Post (tiered subscription model) (4/25)
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How Much Do You Really Need to Make? The Answer May Shock You
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Boeing reports Q1 profit of $923M
Boeing has reported a profit of $923 million for the first quarter, compared with a $586 million profit in the same quarter last year. The aircraft manufacturer also said revenue rose 30%, to $19.4 billion, compared with the first quarter of last year. CNBC/Reuters (4/25), The Wall Street Journal (tiered subscription model) (4/25)
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Industry experts question accuracy of FAA near-miss data
The Federal Aviation Administration's reporting of near misses has come under scrutiny by industry watchdogs. Jeffrey B. Guizetti, assistant inspector general for aviation, says error rates will likely increase once automatic tracking software is installed. "The chances of a collision on the ground or in the air is low, but if it does occur, there will be a catastrophic loss of life," he said. The Washington Post (tiered subscription model) (4/25)
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Bombardier, Embraer are aiming for aircraft leasing in China
Bombardier and Embraer, the world's two largest manufacturers of regional jets, are setting their sights on aircraft leasing in China. "The rapid development of the Chinese economy has resulted in high growth rates for regional and executive aviation, making it one of the greatest potential markets in the world," said Embraer Commercial Aviation President Paulo Cesar Silva. (4/24)
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Cape Canaveral launch schedule is busy in May
United Launch Alliance is launching an Atlas V rocket on May 3 and SpaceX is launching a Falcon 9 rocket on May 7, making next month a busy one at Cape Canaveral Air Force Station in Florida. United Launch Alliance's rocket will carry a military communications satellite and the Falcon 9 will carry an unmanned capsule to the International Space Station, this feature says. Florida Today (Melbourne) (tiered subscription model) (4/25)
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NASA is on track with tests of Space Launch System using ATK motors
NASA in 2017 will run test flights of its new Space Launch System, which uses rocket motors made by defense and aerospace contractor Alliant Techsystems. The move is positive news for ATK, which previously made motors for the now-shelved space shuttles. "We are absolutely on schedule and have our next ground test for the five-segment booster scheduled for next summer. And just three weeks ago we completed a major avionics test for the system," said George Torres of ATK. The Salt Lake Tribune (Utah) (4/25)
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AIA News
Largest student rocket contest brings diversity and talent to U.S. STEM pipeline
Athletes, agriculturalists and musicians are among top 100 teams advancing to 10th Annual Final Flyoff. With the exception of a shared passion for science, math and engineering, the 100 teams that will compete in the tenth anniversary Team America Rocketry Challenge national finals this year show a stunning diversity of backgrounds and interests. Read more.
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AIA member spotlight: Arrow Electronics, Inc.
Arrow Electronics, Inc. supplies a wide variety of electronics components that are incorporated into aerospace products. Through its Zeus Aerospace & Defense focused sales team, Arrow supports the design and supply chain of multiple aerospace and defense customers. See full list of AIA member companies.
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