Defense War News Updates

Monday, February 28, 2011

DTN News: Aerospace/Defense Headlines - News Dated February 28, 2011

Defense War News Updates: DTN News: Aerospace/Defense Headlines - News Dated February 28, 2011

Source: DTN News - - This article compiled by Roger Smith from reliable sources including latest updates Defense News, Aerospace/Defense Headlines - News & Yahoo

(NSI News Source Info) TORONTO, Canada - February 28, 2011: Comprehensive daily news related to Aerospace/Defense for the world of TODAY.

*Comprehensive daily news related on Aerospace/Defense for the world of TODAY

Monday February 28, 2011

Implant Sciences Announces $600,000 in New Orders
7:10 am - Marketwire
ACT Receives National Award for Innovation and Economic Growth
7:00 am - PR Newswire
TIMET Reports Fourth Quarter and Full Year 2010 Results
7:00 am - PR Newswire
XCOR Announces Global Network of Research and Educational Mission Payload Integrators for Lynx Suborbital Spaceplane
6:00 am - PR Newswire
U.S. Army Launches iPhone Application and Mobile Website for Army Strong Stories Blogging Platform
6:00 am - PR Newswire
DEFENSOFT to Plan Israel-Egypt Border Security for the IDF
4:59 am - PR Newswire
Boeing Delivers Ryanair's 300th 737-800
4:53 am - PR Newswire
Braxton Signs Orbital Analysis Software Contract with Boeing
4:00 am - Business Wire
Accenture Awarded Consip SpA Contract to Develop eProcurement System to Transform Italian Government Procurement
2:00 am - Business Wire

Sunday February 27, 2011

Airport in Alabama reopens after security scare
8:56 pm - Reuters

Saturday February 26, 2011

U.S. Army Expands Relationship With Major League Baseball's Urban Youth Foundation
2:56 pm - PR Newswire
Midwest Machinists Cheer Protests’ Diversity
9:00 am - Business Wire
Ukraine-NATO Cooperation is Getting Stronger
6:54 am - PR Newswire
Russia launches navigation system satellite
5:20 am - Reuters

Friday February 25, 2011

CamoScience App Instantly Transforms Your Photos Into Custom Next-Gen Camouflage Designs
8:23 pm - PR Newswire
Lockheed Martin Announces Briefing Schedule For 2011 Australian International Air Show
6:07 pm - PR Newswire
Lockheed Martin Flies First Production F-35 Stealth Fighter
6:05 pm - PR Newswire
Department of Defense Awards Humana Military Healthcare Services South Region TRICARE Contract
5:55 pm - Business Wire
Wall St rebounds from sell-off, but down for week
5:30 pm - Reuters
Photo Release -- Northrop Grumman Cuts Steel for Second Gerald R. Ford-Class Aircraft Carrier
4:59 pm - GlobeNewswire
IAM Flight Attendants at Continental Ratify Industry Leading Agreement
3:52 pm - Business Wire
Boeing basks in glow of tanker win, but risks loom
3:21 pm - Reuters
Harris Corporation Declares Quarterly Dividend
2:37 pm - PR Newswire
TASC, Inc. Wins $9 Million Contract to Support Space and Missile Systems Center's Development Planning Directorate
2:23 pm - PR Newswire
Lockheed Martin Selects Fort Walton Machining, Inc. as a Small Business Supplier of the Year and DoD Mentor-Protege
2:13 pm - PR Newswire
Star Navigation Announces Appointment of Chief Operating Officer
2:06 pm - Marketwire
Epic Data Opened Joint R&D Center With Qiming Information Technology
1:30 pm - Marketwire
/C O R R E C T I O N -- Mina Corp/
11:57 am - PR Newswire
Carolinas Aviation Museum Acquires “Miracle on the Hudson” Flight 1549 Airframe from Chartis
11:36 am - Business Wire
Winchester Systems Releases New Generation COTS Rugged Data Storage
11:23 am - Marketwire
American Defense Systems Reaches Agreement to Eliminate $16.5 Million Series A Preferred Stock Obligation
11:04 am - Marketwire
ITT Instrumentation Selected by NASA for Use on Space Shuttle Discovery’s Final Flight and aboard the International Space Station
10:50 am - Business Wire
Company Profile for ManTech International Corporation
10:40 am - Business Wire
SecureAlert, Inc. Subsidiary to Provide Sex Offender Patient Tracking for Minnesota Sex Offender Program at Moose Lake, Minnesota
9:10 am - Marketwire
Rex-Cut Catalog Features Specialty Abrasives for Grinding, Deburring, Blending and Finishing
9:04 am - Marketwire
Robonaut 2 Arrives at International Space Station
9:00 am - PR Newswire
B&W Awarded Renewable Energy Contract in Finland
9:00 am - Business Wire
Kaydon Corporation Reports Fourth Quarter and Full Year 2010 Results
8:30 am - Business Wire
Kaydon Corporation Announces First Quarter Dividend
8:30 am - Business Wire
Kaydon Corporation Enters into Agreement to Acquire HAHN-Gasfedern GmbH
8:30 am - Business Wire
TeleCommunication Systems to Present at the Wedbush 2011 Technology, Media and Telecommunications Management Access Conference on March 10, 2011
8:30 am - Marketwire
POINTek Enters a New Business Line for Passive Optical Component Packaging Beyond Athermal AWG Products
8:15 am - PR Newswire
ACCESS Earns CMMI-SVC� Maturity Level 3 for Service Delivery Excellence
8:15 am - PR Newswire
The MIL Corporation Senior Assistant Vice President Leads Successful Career, Battles Children's Disease
8:05 am - PR Newswire
CAE acquires RTI International's Technology Assisted Learning to further expand its land simulation and training business
8:00 am - Marketwire
DigitalGlobe to Present at Upcoming Investor Conferences
8:00 am - Marketwire
TeleCommunication Systems Announces Dismissal of Reexamination for Inter-Carrier Messaging Patent
7:30 am - Marketwire
Momentive Specialty Chemicals Inc. Announces Record 2010 Results
7:10 am - Business Wire
Huntington Ingalls Industries, Inc. to Commence Notes Offering
7:00 am - PR Newswire

Thursday February 24, 2011

Boeing bests EADS with aerial tanker win
9:10 pm - Reuters
Boeing Receives US Air Force Contract to Build Next-Generation Refueling Tanker
6:26 pm - PR Newswire
MW Research and Development Creates 3D Hot Targets
6:10 pm - PR Newswire
ATK's Solid Rocket Boosters Help Launch Space Shuttle Discovery
5:52 pm - PR Newswire
EADS North America Statement Concerning U.S. Air Force Tanker Selection
5:48 pm - Marketwire
Epic Data Announces Q1 Results
5:44 pm - Marketwire
Machinists Welcome Tanker Decision
5:42 pm - Business Wire
Discovery Launches on Final Mission
5:29 pm - PR Newswire
NASA Flight Certifies Superfocus Glasses for Astronauts Traveling on Final Discovery Mission
5:23 pm - Business Wire
Pratt & Whitney Rocketdyne's Space Shuttle Main Engines Power Delivery of Parts and Cargo Module to the International Space Station
5:13 pm - PR Newswire
Boeing wins U.S. tanker competition: Pentagon
5:09 pm - Reuters

*Link for This article compiled by Roger Smith from reliable sources

*Speaking Image - Creation of DTN News ~ Defense Technology News
*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News
Contact: dtnnews@ymail.com
© COPYRIGHT (C) DTN NEWS DEFENSE-TECHNOLOGY NEWS

DTN News - LIBYA UPRISING: Sweden To Base Military Aircraft In Malta

Defense War News Updates: DTN News - LIBYA UPRISING: Sweden To Base Military Aircraft In Malta

Source: DTN News - - This article compiled by Roger Smith from reliable sources Times of Malta

(NSI News Source Info) MALTA - February 28, 2011: Sweden is to base a military aircraft - a Hercules C-130 - in Malta to assist in the evacuation of its nationals from Libya, informed sources said.

The government had given its go-ahead in line with humanitarian assistance given to all countries.
Just last week, Sweden’s Interior Minister Tobias Bilstrom and his Maltese counterpart Carm Mifsud Bonnici clashed at an EU ministers' meeting which discussed the possible influx of migrants as a result of the Libyan crisis.
Mr Bilstrom said that Italy’s request for burden sharing as “an exaggeration”,
He noted that last year his country received 32,000 asylum seekers.
“We did not call upon anyone to share the burden with us,” he said in a direct snub at Italy’s request.
“Italy has only received 5000 immigrants from Tunisia at Lampedusa and we think that it can cope on its own with this situation,” he said.
Asked by a journalist whether his country would help Malta and Italy in the case of a Libyan exodus, he said that this had not happened yet.
“With regards to Libya we have not seen any biblical exodus yet so let’s not be so alarmist,” he said.
Dr Mifsud Bonnici strongly dismissed the comments by Mr Billstrom. He insisted that there were already strong indications that the flow of migrants in the Mediterranean would be higher than in previous years.

*Link for This article compiled by Roger Smith from reliable sources Times of Malta

*Speaking Image - Creation of DTN News ~ Defense Technology News
*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News
Contact: dtnnews@ymail.com
© COPYRIGHT (C) DTN NEWS DEFENSE-TECHNOLOGY NEWS

DTN News - LIBYA UPRISING: Tremors From Libya Threaten To Rattle The Oil World

Defense War News Updates: DTN News - LIBYA UPRISING: Tremors From Libya Threaten To Rattle The Oil World

Source: DTN News - - This article compiled by Roger Smith from reliable sources By JAD MOUAWAD and CLIFFORD KRAUSS - The New York Times

(NSI News Source Info) TORONTO, Canada - February 28, 2011: This is no oil shock — not yet, anyway.
But the events unfolding in the Arab world, the epicenter of global oil production, are a sobering reminder that trading in oil, that mother of all commodities, is at heart a political game. Not since Iraq invaded Kuwait in 1990 have the politics of crude loomed so large. Like much of the Arab world, this market seems like a pocket full of firecrackers, just waiting for a match.

As rebels tightened their noose around Tripoli on Sunday, its critical oil supplies remained constricted. Production from most ofLibya’s oil fields was down to a trickle.
Several ports and refineries were left stricken by workers too afraid to go to work. And with most foreign oil company employees having left the country and armed men beginning to loot equipment left behind, a return to normal production appears weeks away at best.
About 80 percent of the nation’s oil production lies in rebel-held territory, though there is not a way to verify how much rebel leaders directly control.
Granted, the world can cope with a disruption of exports from Libya. But what has brought us to $100-a-barrel oil again — and set people on edge — is the possibility that the uprisings that toppled autocrats in Egypt and Tunisia might spread to other OPEC nations in the Middle East.
For the moment, heavyweights like Saudi Arabia can make up the difference, and big consumers, like the United States, have stored millions of barrels of oil for just this kind of emergency.
But few oil experts are surprised that the unrest has so unnerved the market. The world is thirsty for oil, and supply and demand are in delicate balance. There is little room for more disruptions in supplies. Indeed, spare capacity — essentially that amount of extra oil that OPEC members are able to produce in a pinch — is now about five million barrels a day. That is about 6 percent of the oil that the world consumes every day. That cushion is greater than in 2008, when it equaled about 2 percent of daily consumption, but it remains worryingly thin. And that is not even taking into account the loss of about one million barrels a day exported from Libya.
“There is a vulnerability to tightness,” said David Knapp, senior energy economist at Energy Intelligence, a specialized publisher. “But for now, there are enough barrels out there in commercial storage and OPEC’s spare capacity and strategic reserves held by industrial countries to handle a medium-duration outage from Libya.”
The question on everyone’s mind is what if this goes beyond Libya. Costanza Jacazio, an energy analyst at Barclays Capital in New York, says further unrest — or simply fear of further unrest — could well drive oil prices higher. “The degree of geopolitical risk now is massive.”
Jan Stuart, an energy economist at Macquarie Securities, explained: “This brings back the political dimension to oil-price dynamics. For the best part of the past 25 years, the Saudis have bent backwards to make sure politics would be banned from discussions about oil supplies. The risk today is we could go back the other way again.”
The price of oil had been rising steadily even before the wave of pro-democracy protests swept much of the Middle East and North Africa. A recovering global economy had convinced traders that demand for oil was going to rise by about 2 percent in 2011. Some industry experts and Wall Street seers were predicting a gradual march back to $120 and even $150. The thinking was that investors would pour money into the commodity markets.
Oil futures in New York jumped nearly $12 last week to settle at $97.88 a barrel, their highest since October 2008; in London, benchmark Brent crude traded close to $115 a barrel.
Now economists worry that high and rising energy prices could hurt the economy just as it is beginning to revive. The price of gasoline averaged $3.29 a gallon on Friday, up from $3.11 a month ago. As a rule, every 1-cent increase takes more than $1 billion out of consumers’ pockets a year.
If prices keep climbing, consumers will in all likelihood tighten their belts. If prices stay high for long, the impact could be severe: every oil shock of the past 40 years has helped push the global economy into recession. Nariman Behravesh, senior economist at IHS Global Insight, said that every $10 increase in the price of a barrel of oil reduces economic growth by two-tenths of a percentage point after one year and a full percentage point over two years.
In some ways, something like this was bound to happen. This is not a “black swan” event — a sudden, unexpected occurrence — but a white swan one, said Michael A. Levi, senior fellow for energy and the environment at the Council on Foreign Relations.
“You can’t predict what the specific disruption there will be, but you can be sure there will be some disruption,” he said.
To calm markets, Saudi Arabia has started to increase its crude output to more than nine million barrels a day, roughly 700,000 barrels more than at the end of 2010, Energy Intelligence reported. Saudi officials are also asking European refiners, who are most directly affected by the drop in Libyan exports, how much and what grades of crude they need for quick shipment.
And the International Energy Agency, an organization of consuming countries, also helped defuse tensions in the markets when it said Thursday that the world had “the tools at hand to deliver adequate oil to the market,” including the availability of emergency stocks held by consuming nations.
Much now hinges on what happens next in the Middle East. The price spikes that accompanied the two Persian Gulf wars did not have deep impacts because of they did not last long enough. But several oil price increases have preceded economic downturns.
The biggest shock followed the 1973-74 OPEC embargo, which quadrupled oil prices and helped produce stagflation, a period of slow growth, high unemployment and inflation.
The 1979 Iranian revolution caused another shortage, and again American motorists were forced to wait in long lines for gasoline. Oil prices surged, but they did not stay elevated for long, as Mexico, Nigeria and Venezuela expanded production and OPEC lost its unity. Oil prices remained low for years, and the economy through the later half of the 1980s and most of the 1990s was generally strong.
If the current unrest helps drive the price of a barrel up by $40 to $50, back to its level of three years ago, that would really hurt.
“If gasoline prices go over $4 a gallon, there could be a big psychological effect,” Mr. Behravesh said, “but it would have to last.”

*Link for This article compiled by Roger Smith from reliable sources By JAD MOUAWAD and CLIFFORD KRAUSS - The New York Times

*Speaking Image - Creation of DTN News ~ Defense Technology News
*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News
Contact: dtnnews@ymail.com
© COPYRIGHT (C) DTN NEWS DEFENSE-TECHNOLOGY NEWS

DTN News: Pakistan - Latest Headlines News Dated February 28, 2011

Defense War News Updates: DTN News: Pakistan - Latest Headlines News Dated February 28, 2011

Source: DTN News - - This article compiled by Roger Smith from reliable sources The News - Pakistan

(NSI News Source Info) TORONTO, Canada - February 28, 2011: Comprehensive daily news related to Pakistan - Latest Headlines News for the world of TODAY.