BAE Announces More Shipyard Layoffs at Norfolk
Morning Coffee is a robust blend of links to news around the internet concerning the Naval Air Station Patuxent River economic community. The opinions expressed here do not reflect opinions of the Leader’s owners or staff.
BAE Systems to lay off 530 workers at the Norfolk, VA, shipyard on the heels of eliminating 400 jobs at the shipyard last September, DoD Buzz reports. The once 1,475-person workforce will fall to 545 by the spring.
Navy Times has the Fars News video of the 10 US sailors captured in Iranian waters. The sailors were held 16 hours.
Seven months after the US approved military sales to the Saudis, Lockheed seals the deal for 10 Sikorsky helicopters deliverable to Saudi Arabia just as the US Navy’s order for 220 concludes, reports Flight Global.
The Egyptian navy is getting 46 Kamov Ka-52K attack helicopters according to the Russian arms export agency, reports Flight Global.
Negative reactions in Congress to Pakistan’s interest to acquire F-16 fighter jets disappoints officials in Pakistan as well as the Obama administration, reports Defense News.
If the already strengthening dollar gains 5 percent, oil could fall another 10 to 15 percent, Bloomberg cites a Morgan Stanley research note dated Jan. 11, 2016.
Zacks.com offers 35 years of investing wisdom in five minutes with three lessons.
Another launch for Space X, Jan. 17, 2016, from Vandenberg Air Force Base, aiming to successfully land its Falcon 9 first-stage rocket on a drone ship in the Pacific, reports Space News.
The New Yorker does a quick catch-up of how the past decade brought about the 2016 Saudi – Iranian eruption, and a a reminder that the first Sunni/Shiite schism came about nearly fourteen centuries ago.
