22 Retailers at Risk of Bankruptcy: Closing Stores | Money


Today’s retail storm centers on Amazon, and the widespread shift to online shopping in general.

Still, Moody’s notes that only 15% of the retailers it analyzes are currently at a high risk of bankruptcy. “The majority of retailers remain fundamentally healthy,” O’Shea said in a press release accompanying the new Moody’s report. “But as select groups of retailers continue to deteriorate—in particular department stores and specialty retailers—we believe the distressed ranks will keep growing.”

Here are the 22 chains that Moody’s says are at serious risk of bankruptcy …

Source: 22 Retailers at Risk of Bankruptcy: Closing Stores | Money

Supreme Court Justice Anthony Kennedy Retirement Rumors Has Washington on Edge For Next Term


The justice, who was appointed to the Supreme Court by President Ronald Reagan in 1988, recently declined requests to comment on his retirement plans nor would he address questions pertaining to private meetings with President Donald Trump or members of his administration, according to a a CNN report released in May.

Source: Supreme Court Justice Anthony Kennedy Retirement Rumors Has Washington on Edge For Next Term

India settles for unarmed Guardian UAVs, but actually wants combat drones


India, as of now, is in talks with the US for only unarmed Predator, or MQ-9B Guardian unmanned aerial vehicles (UAVs), which are high-altitude, long-endurance drones capable of flying non-stop for over 27 hours for intelligence, surveillance and reconnaissance missions. This, too, became possible only after India joined the 34-member Missile Technology Control Regime, which prevents proliferation of missiles and UAVs over the range of 300km, in June 2016.

India, however, is on course to acquire 10 HeronTP missile-armed drones for around $400 million from Israel, even as PM Modi is scheduled to visit the Jewish state early next month, as was earlier reported by TOI.The IAF already has Israeli Harop “killer“ drones.

Source: India settles for unarmed Guardian UAVs, but actually wants combat drones

Military using 13 satellites to keep eye on foes

[India]


With the successful launch of “eye in the sky” Cartosat-2E satellite with surveillance capabilities last Friday, the total number of satellites being used for military purpose has gone up to 13, an Isro source said.

These satellites, which can be used for surveillance and mapping border areas, are primarily used for keeping an eye on enemies both on land and sea.

Source: Military using 13 satellites to keep eye on foes

Joint Venture: Thales, Reliance Defence seal deal for joint venture for radars, electronic warfare


French defense electronics manufacturer Thales has announced that it is floating a joint venture company with Reliance Defence with shareholding of 49% and 51% respectively to set up an Indian supply chain for radars and electronic warfare sensors at a facility in Nagpur.

Industry executives told ET that Thales, a leading supplier to Dassault Aviation, maker of Rafale fighter aircraft, has to spend nearly $1billion (about Rs 6,451crore) in Indian defense production sector as part of its offset commitments for the deal signed last year to supply 36 Rafale jets to Indian Air Force.

Source: Joint Venture: Thales, Reliance Defence seal deal for joint venture for radars, electronic warfare

Amazon Buying Whole Foods: An Industry Shudders | Fortune.com


Most Amazon watchers are focused on the some 450 stores the e-commerce behemoth scoops up in the deal. These brick-and-mortar locations instantly give it a national ­physical presence, as well as a network of mini distribution centers for fresh produce—by far the most challenging part of the grocery delivery business because of spoilage and the fragility of fruits and vegetables. (Upon news of the bid, grocery stocks took a nosedive accordingly.)

The overlooked asset Amazon gets in the deal is Whole Foods’ 365 house brand—one of the most coveted in the organic and natural space, private label and otherwise.

The 365 brand is virtually unavailable online, but that will change if Amazon is smart about it. “The opportunity to use the 365 brand as a mainstay of their online offering is really profound,” says Bernstein analyst Alexia Howard. “It puts a huge amount of pressure on branded food sales.”

Source: Amazon Buying Whole Foods: An Industry Shudders | Fortune.com

New Pentagon electronic warfare (EW) strategy calls for increased technology investment | Military & Aerospace Electronics


The prospect for a “first-of-its kind” DOD electronic warfare strategy gained new urgency following Russia’s use of advanced EW technologies in Ukraine, and the pace of global technological progress in EW systems.

Electronic weapons can be used for an increasingly wide range of combat activities – from detecting and defending IED attacks to jamming enemy communications or even taking over control of enemy drones, among other things.

Source: New Pentagon electronic warfare (EW) strategy calls for increased technology investment – Military & Aerospace Electronics

New report warns British Royal Navy of potential cyber attack on Trident system | Naval Technology


The report stated that the electronic network and communication systems installed on-board the ballistic missile submarines (SSBNs) are vulnerable to malware injection.

It also claims that the vessel’s critical systems can be exposed to malware injections during production, mid-life maintenance and software upgrade procedures.

Source: New report warns British Royal Navy of potential cyber attack on Trident system – Naval Technology

Rockwell Collins and Airbus introduce self-reporting flight tracking solution | Intelligent Aerospace


The Onboard Aircraft Tracking solution monitors a specific set of aircraft parameters that could indicate a problem with a flight, including such issues as low altitude, low speed, excessive pitch, engine failure and others.

If triggered, the aircraft automatically begins to emit aircraft position information at an increased rate.

The Onboard Aircraft Tracking function is implemented as an update to the Airline Operational Control (AOC) avionics software and is available for both forward fit and retrofit.

Source: Rockwell Collins and Airbus introduce self-reporting flight tracking solution – Intelligent Aerospace

Thales Alenia Space and Airstar Aerospace work on autonomous, high-altitude airship – Intelligent Aerospace


Thales Alenia Space, the joint venture between Thales and Leonardo, are acquiring a minority stake in French company Airstar Aerospace, maker of airships and flexible structures operating at all altitudes.

The strategic partnership is designed to address certain technological roadblocks on Stratobus, a project to develop an autonomous High Altitude Platform System (HAPS)-type airship. Launched in 2015 by Thales Alenia Space, the project will benefit from the two partners’ respective areas of expertise, with a flight prototype anticipated by 2020.

Source: Thales Alenia Space and Airstar Aerospace work on autonomous, high-altitude airship – Intelligent Aerospace