Royal Navy being eaten away by cannibalization of ships for spare parts, spending watchdog warns | Military & Aerospace Electronics

[U.K.]


Instances of Royal Navy surface warships being stripped of parts so they can be fitted to other vessels more in need have risen by half in the past five years.

The National Audit Office (NAO) investigation was published as a former First Sea Lord said it was further evidence the Armed Forces were being hollowed out by years of cuts.

Source: Royal Navy being eaten away by cannibalization of ships for spare parts, spending watchdog warns – Military & Aerospace Electronics

Space war: how the Air Force plans to defend the final frontier | Military & Aerospace Electronics


The past few decades have shown how space warfare operations can revolutionize military operations on Earth. The next theater, however, might be space itself.

“Both [Russia and China] will continue to pursue a full range of anti-satellite (ASAT) weapons as a means to reduce U.S. military effectiveness,” said Daniel Coats, director of national intelligence, in a congressional testimony released in May. Republican Sen. Jim Inhofe of Oklahoma put it another way while questioning the nominee for NASA Administrator, Jim Bridenstine. “We are in the most threatened position in the history of the country,” the senator warned.

The rhetoric coming out of Washington can make it seem as though we are headed into a future of astronaut grunts and laser guns and space shuttle door gunners.

Source: Space war: how the Air Force plans to defend the final frontier – Military & Aerospace Electronics

Lockheed Martin sensor fusion testbed to boost situational awareness, enhance helicopter survivability | Intelligent Aerospace


Under the Army’s Night Vision and Electronic Sensors Directorate (NVESD), Lockheed Martin is developing sensor fusion and integration technologies that enhance rotary-wing aircraft survivability and enable pilots to navigate safely in all environments, including when GPS is unavailable.

The MMSF algorithms blend data from multiple sensor types to restore a pilot’s situational awareness in degraded visual environments.

Source: Lockheed Martin sensor fusion testbed to boost situational awareness, enhance helicopter survivability – Intelligent Aerospace

Raytheon, MetTel Establish Alliance to Secure Government, Industry Communications Networks | Light Reading

This alliance is well-positioned to support the Administration’s IT modernization and cybersecurity priorities, including the emerging security challenges posed by internet-connected devices, including computers, routers and security cameras.

“Security is foremost on everyone’s mind today, especially with the constant emergence of new threat forms compounded by the exploding array of devices and network access points,” said Ed Fox, vice president of Network Services for MetTel. “The world needs a network that meets the highest government security standards and together, MetTel and Raytheon are committed to delivering that network.”

Source: Raytheon, MetTel Establish Alliance to Secure Government, Industry Communications Networks | Light Reading

Trump Voters Celebrate Massive Tax Cut For Everyone But Them | The New Yorker


Across the country, Trump supporters were overjoyed that, after months of gridlock and wrangling, the man they voted for was about to make Americans other than them wildly richer.

Harland Dorrinson, a Trump supporter from Kentucky, agreed. “When I cast my vote last November, I said to myself, ‘I sure hope this means that people with a thousand times more money than I have get even more money,’ ” he said. “Promise kept.”

Source: Trump Voters Celebrate Massive Tax Cut For Everyone But Them | The New Yorker

The false argument against higher education funding | TheHill


Many of the tax benefits help students who otherwise would not qualify for federal assistance because of their family’s income.The current tax debate prompts a deeper look at the entire annual federal support for higher education.

The higher education community is now engaged in a heated debate about whether the current tax benefits for college students should be eliminated as part of tax reform. The House Republican plan says they should. Many in higher education disagree.

But one thing becomes very clear in this debate. Middle and upper income students enrolled — and graduating — from traditional colleges and universities have long benefited from significant financial support through tax laws, outside of federal student financial aid. Many of the tax benefits help students who otherwise would not qualify for federal assistance because of their family’s income.

The current tax debate prompts a deeper look at the entire annual federal support for higher education.

Source: The false argument against higher education funding | TheHill

Gulf carriers may be in focus under foreign airline U.S. tax exemption cut


The proposal, tucked deep in the Senate tax-cut plan, calls for airlines headquartered in foreign countries to pay the U.S. incorporate tax rate if:

1) the carrier’s home country does not have an income tax treaty with the United States and

2) the carrier’s country of origin has fewer than two arrivals and departures, per week, operated by major U.S. airlines.

Source: Gulf carriers may be in focus under foreign airline U.S. tax exemption cut

Analysts flee Wall Street with gallows humor as research changes loom


“It certainly seemed that the difficulty of being paid for research was going to increase, not decrease,” said David Hilder, who is now trying to reinvent himself as an investment banker.

Many share Hilder’s grim outlook. Reuters spoke to dozens of current and former analysts who moved to independent research shops or investment firms, joined companies in industries they covered, or have launched new careers or are considering doing so, after nearly a decade of cost-cutting that is likely to accelerate under MiFID.

Source: Analysts flee Wall Street with gallows humor as research changes loom

Comcast, Verizon approached Twenty-First Century Fox to buy some assets


News of competing interest in some of Murdoch’s assets broke even though the U.S. Justice Department was preparing a lawsuit to block AT&T Inc, the largest pay-TV provider in the United States, from buying Time Warner Inc for $85.4 billion, according to a source. This raised questions about the U.S. government’s willingness to allow large media industry mergers.

Source: Comcast, Verizon approached Twenty-First Century Fox to buy some assets: sources

Route Fifty | Cities Warn That Rising Inequity Will Threaten Long-Term Social Stability of Urban Economies


The NLC report, entitled “The Future of Equity in Cities,” points to increasing segregation despite increasing diversity in cities.

“If this trend is brought to its ultimate conclusion, cities will become increasingly segregated, with entirely different economies found within a few miles of each other,” the report states.

“This will have profound implications for economic access, as opportunities are increasingly only available in the most expensive cities, which debt-burdened students or lower-income families will not be able to afford.”

Source: Route Fifty – Cities Warn That Rising Inequity Will Threaten Long-Term Social Stability of Urban Economies