General Electric Co. is under investigation by U.S. regulators after taking a larger-than-expected charge in its finance division, dealing a new black eye to a company once enshrined as an icon of American business. The Securities and Exchange Commission is looking at the accounting practices related to a review of a GE insurance business as…
Proposed plans to modernize the F-35 joint strike fighter program would need almost $4 billion of new funding, according to a government review of Defense Department policies. The first wave of proposed F-35 modernization plans “is projected to be over $3.9 billion through 2022, which would exceed the statutory and regulatory thresholds for what constitutes a major acquisitions program…
Mr. Bubble’s “McCain’s” Flying Bathtub The F-35 Finally Met Its Nemesis: Weather, It Cannot Fly In Thunder Storms 2017 Total costs on the F-35 Joint Strike Fighter may rise higher than their estimated total of $1.4 trillion because of the costs and time needed to develop a new data processor with additional capacity, the Government…
Russia’s SU-35 Fighter Interceptor Jet In the USA, pilots are not allowed to watch videos of Su-35 demonstration flights at MAKS-2017 international air show. Allegedly, the videos of the Russian Su-35 aircraft in action may demoralise US pilots. Russia has already received orders for Su-35 fighter jets from China, India, Indonesia, and other countries. The…
President-elect Donald Trump dropped a bombshell on the defense industry: He asked Boeing to price out an alternative to Lockheed Martin’s F-35 fighter jets, a hugely valuable contract that Trump has criticized as too expensive. Lockheed’s share price plunged almost 2 percent in after-hours trading. It was the culmination of weeks of interference by the…
GE’s Immelt to head Obama economic advisory board GE Stabs the US in the Back In 1876 Thomas Alva Edison opened a laboratory in Menlo Park, New Jersey for the purposes of exploring how to produce and distribute electricity. History records that he invented the incandescent electric light bulb there. By 1890, he had established the Edison…
McCain’s Piece Of Shit F-35 National Security Failure: F-35 Stealth Fighter Spy Cover-Up “WIKI” STYLE ESPIONAGE: LANDS $300 BILLION DOLLAR “SUPER SHIT”- PLANE PLANS. McCain Voted To Rid America Of The Most Advanced Fighter Jet In The World Allowing China And Russia To Surpass Us ~ Also dumping 95,000 jobs Assembling The F-22 Raptor When…
