July 10, 2020

Art & Lifestyle:

Coronavirus Cases Spike Among Troops

Coronavirus Cases

The downward trend of COVID-19 cases among DoD-affiliated personnel has ended. Cases spiked 18% over the previous week among all employees and 20% among troops.

US Losing the Huawei Battle in Europe

Europe is embracing Huawei as its supplier of 5G, the next generation telecommunications network. While the US warns the Chinese multinational telecommunications company threatens global security, there are no alternatives today in the marketplace.

DoD Fails 2nd Audit – No Surprise

DoD Fails Audit

DoD’s second-ever financial audit shows some progress, but uncovers more new problems than fixes. DoD has 3 million employees, 4,500 defense sites in 160 countries, a $292 billion inventory, more than $2.9 trillion in total assets, and $2.8 trillion in liabilities.

Boeing Says 737 Ban to Lift By End of Year

737 MAX

Boeing tells shareholders the ban on its 737 Max planes will be lifted before the end of the year. Grounded since March after two fatal crashes, 737 Max production costs rose in the quarter by almost $1 billion. The company is sticking to its plan to increase production of the planes to 57 a month by the end of 2020, up from 42 currently.