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July 26th, 2009Uncategorized
Japan gave its military the green light on Friday to shoot down any incoming North Korean rocket, with tensions high ahead of a planned launch that the US and allies say will be an illegal missile test.
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July 25th, 2009Uncategorized
US, South Korean and Japanese envoys to the North Korean nuclear disarmament talks have discussed how to "maintain close coordination" if Pyongyang test fires a missile, an official said Monday.
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July 24th, 2009Uncategorized
US Defense Secretary Robert Gates said he plans to reopen bidding this summer for a multi-billion contract to build a new fleet of aerial refueling tankers.
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July 23rd, 2009UncategorizedLockheed Martin [NYSE:LMT] received a $1.6 million contract from the Brazilian Air Force to support six of its TPS-77 - known in Brazil as the TPS-B34 - long range air surveillance radars currently monitoring airspace in the Amazon region.
Since their installation between 2000 and 2005, the Lockheed Martin-manufactured radars have been an integral part of the Brazilian Integrated Air Traffic Control and Air Defense System (SISDACTA), also supplying information to the Amazon Protection System (SIPAM), a complex network of ground-based and airborne sensors providing surveillance in the region, implemented by the Amazon Surveillance System (SIVAM) Project.
The TPS-77s have dual-use capability, providing both air surveillance and air traffic control. These radars have withstood the unique environmental challenges experienced in the Amazon jungle and also have demonstrated 100% reliability during deployments, by road and by air, to support Brazilian Air Force exercises.
Under the terms of the contract, Lockheed Martin will provide technical support for the six radar systems and on-the-job training for Brazilian radar technicians. The one-year contract includes options to extend the support for up to five years.
The AN/TPS-77 is the latest configuration of the world's most successful 3-D solid-state radar design. This transportable radar provides continuous high-quality 3-D surveillance on aircraft targets at ranges out to 250 nautical miles. The AN/TPS-77 shares some technical components and maintenance activity with Lockheed Martin's AN/FPS-117 radar. There are 36 AN/TPS-77s and 134 AN/FPS-117 systems operational in 25 countries. Many have performed for years completely unmanned in remote areas, and in a wide range of operational environments.
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July 22nd, 2009UncategorizedGastroenterologists at Rush University Medical Center are studying the safety and efficacy of a new system for delivering chemotherapy for patients with esophageal cancer, a rare, but deadly disease that attacks the throat. The unique drug therapy delivers a highly concentrated dose of chemotherapy injected directly on to the hard-to-reach tumors in the esophagus non-surgically.
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July 21st, 2009UncategorizedParatroopers at Forward Operating Base Salerno are busy running fiber optic lines in order to keep critical lines of communication open.
The paratroopers of Charlie Company, 425th Brigade Special Troops Battalion, 4th Brigade Combat Team (Airborne), 25th Infantry Division are working to keep everyone connected through a variety of services, so the battle can continue.
Army Capt. Brian Collins, commander of the Network Support Company, is leading the team of paratroopers.
“We provide all of the connectivity for the brigade throughout the Task Force Yukon area of operation,” he said, referring to the sector of eastern Afghanistan approximately the size of Maryland.
“It is a huge tasking for the smallest company in the entire brigade,” he added.
The captain explained the necessity of the network functioning at all times.
“It allows communication flow on the battlefield, which is critical to meeting the commander’s intent,” Collins said, reiterating the importance of Soldiers’ ability to communicate both in combat and in operational cells at the company level.
Any issues that arise with the network create an urgency that the network specialists meet with efficiency.
“We have Soldiers that fly out to different forward operating bases on signal maintenance, we have the help desk located in the tactical operations center, network operations, and constant troubleshooting … we do a lot in 24 hours.”
“We have to do our job very well because if we don’t then everyone else can’t do their jobs,” said Army Spc. Robert Troxler, a member of the fiber optic team of C. Co. “Yeah we may get a little wet and muddy, but the bottom line is that the job has to be done.”
Collins took command of the company during their last deployment tour in Iraq and 22 months later, has seen the results of his team’s hard work: a proficient group of Soldiers who are close-knit both on and off duty.
“We are a very tight company,” he said, smiling. “I have just an incredible team. They make everything happen, they are awesome!”
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July 20th, 2009UncategorizedPretty soon, all US taxpayers will be insuring state and muni debt of the broke state of California.
See, the state needs to raise $15 billion in fresh debt over the next few months, but of course, since the economy there is so terrible, and its government has been horribly mismanaged, nobody is willing to lend it money. Solution: Get the feds to insure the debt.
Governor Schwarzenegger and other state officials have sent a letter to Barack Obama and the Congress pleading for help. They claim there's very little risk of default, but that: “Currently, we have only limited access to the credit markets, and banks have shown little interest in enhancing government-issued debt in a declining market.”
There's a good chance they'll get it. Barney Frank has already indicated a desire to help, and possibly to insure all muni debt. Remember, Frank slammed ratings agency Moody's for putting all muni debt on negative watch, saying that higher borrowing costs for cities and states would be counter-stimulative.
And of course, the Federal government loves making bailouts in the form of "insurance" since it gives the appearance of only being a contingent -- and unlikely -- payment.
Indeed, muni defaults have been historically rare events. But they've been accelerating, and we keep going back to what Warren Buffett said in his letter to shareholders. Muni defaults were rare in the period before muni bond insurance. Now that cities and states have third parties who can pick up the tab, the pressure on them to make good and do the hard choices has abated. And if your muni insurer is the federal government, not some profit-seeking firm, then really, why bother making good on your loans at all.
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July 19th, 2009UncategorizedHighlighting another challenge to the development of quantum computers, theorists at the National Institute of Standards and Technology (NIST) have shown* that a type of software operation, proposed as a solution to fundamental problems with the computers’ hardware, will not function as some designers had hoped.
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July 18th, 2009Uncategorized
Defense Secretary Robert Gates on Monday outlined plans to "profoundly reform" US military spending, urging a scaling back of major weapons programs while boosting funds for counter-insurgency warfare.
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July 17th, 2009Uncategorized
Ever since Sen. John McCain, R-Ariz., the 2008 Republican presidential nominee, threw a monkey wrench into efforts to lease new aerial refueling tankers five years ago, the U.S. Air Force has been struggling to implement an alternate strategy.
