Article: Northrop Grumman opens new HQ in Virginia

The move to Virginia was announced April 2010. Now headquarters is officially moved - the governor showed up, along with Wes Bush to cut the ribbon. Not surprising that Wes Bush came, as this is his new work location.

Northrop Grumman opens new HQ in Virginia - Bizjournals

Air Force putting F-22 Raptors back in service - latimes.com

I think this good - the USAF is bringing back the F-22 into service after pulling them out of service May 3 because of a dozen incidents of pilot oxygen being cut off.

Of course, because the pilots were not flying the F-22 during those four months they are not considered current on the aircraft and will have to re-qualify as F-22 pilots.

Problem is that it doesn't appear that they figured out why the oxygen cut out. This is not good for the pilot. Perhaps the USAF is anxious about getting some use out of the aircraft that cost $412 million apiece, as they have not yet flown in combat since entering service in 2005.

Take a look at:
http://www.latimes.com/business/la-fi-f22-returns-20110921,0,854110.story

Dilbert comic strip for 09/11/2011 from the official Dilbert comic strips archive.

This is relevant to the Northrop Grumman cubicle drones who are being laid off AND not being laid off.

See the Dilbert comic strip:
http://dilbert.com/strips/comic/2011-09-11/?utm_source=pulsenews&utm_medium=referral&utm_campaign=Feed%3A+DilbertDailyStrip+%28Dilbert+Daily+Strip%29

Article: 7 Large And Mid-Cap Stocks With Recent CEO Buys Of At Least $100,000

Wes Bush recently bought 5,000 shares of Northrop Grumman stock. 

This is taken as a good thing because the CEO is no bailing on his own company. 

See:

7 Large And Mid-Cap Stocks With Recent CEO Buys Of At Least $100,000 - Seeking Alpha

Pentagon mulls ways to make major cuts - Washington Times

This is not good - to rely on the Pentagon to make mjor cuts.

Does the "idea of boys and their toys" ring a bell? How about the difference between "needs versus wants"?

See more at:
http://www.washingtontimes.com/news/2011/aug/26/pentagon-mulls-significant-defense-cuts/

Article: Northrop Gruman cuts 500 aerospace jobs

This is good for Northrop Grumman profits, bad for the affected employees. 

Employees, being the selfish folks that they are, would much prefer that "someone else (besides them)" be laid off rather than cutting "everyone" salaries to reduce costs. This is the cult of the individual prevailing over the common good.

See more at:

Northrop Gruman cuts 500 aerospace jobs - New Jersey On-Line

Russia’s new stealth fighter to challenge for supremacy of the skies [video] | SmartPlanet

Both China and Russia are developing stealthy fighter aircraft.

The F-22 is grounded until they figure out the oxygen system suspected.in the fatal crash of a F-22 last November.

Wonder if the Chinese and Russians are having similar problems? Only if they were able to steal the F-22 oxygen system documents.

See how well they are doing:
http://www.smartplanet.com/blog/thinking-tech/russias-new-stealth-fighter-to-challenge-for-supremacy-of-the-skies-video/8201?tag=nl.e662

Northrop Grumman is moving top execs from L.A. to Washington area - latimes.com

Nice article on Northrop Grumman headquarters leaving Los Angeles for Virginia.

Southern California is not going to be the same.

See
http://www.latimes.com/business/la-fi-northrop-departs-20110818,0,3764389.story

Despite $65 Billion Investment, World’s Most Costly Jet Still Grounded - ProPublica

Of course, this means more time and more money from the U.S. taxpayer. The F-22 was killed a pilot - NOT by an accident - but a suspected oxygen system problem. The pilot needs to have good oxygen with nothing added - carbon monoxide, et cetera.

See more at
http://www.propublica.org/blog/item/despite-65-billion-investment-worlds-most-costly-jet-still-grounded

Postal Service urges Congress to allow layoffs, cut benefits - Aug. 11, 2011

Act of Congress is needed to reduce another constitutionally defined role of the federal government..

http://money.cnn.com/2011/08/11/news/economy/postal_service_layoffs/index.htm

Entire U.S. stealth aircraft fleet grounded over oxygen and power system faults

Test flights for both the F-22 and F-35 have been suspended. The F-22 has been grounded since May. Last week the F-35 was grounded of a problem with a valve in the integrated power system - the third time this year. Fortunately, nobody died in a F-35 yet.

The oxygen problem of F-22 is suspected in the fatal crash of a F-22 in November.

Read more: http://www.dailymail.co.uk/news/article-2024300/Entire-U-S-stealth-aircraft-fleet-grounded-oxygen-power-faults.html#ixzz1UgMdGGOQ

Did the U.S. kill Bin Laden because a Pakistani officer came forward to collect $25million reward?

MONEY and U.S. citizenship are great incentives. Pakistani ISI guy sold Bin Laden out for $25Million and citizenship for his family.

He claims that the Saudis were paying the Pakistanis to stash Bin Laden - GREAT FRIENDS, the Saudis.

Read more: http://www.dailymail.co.uk/news/article-2024193/Is-Osama-Bin-Laden-dead-Pakistani-officer-came-forward-collect-25m-reward.html#ixzz1UcK2AaKD

FY2011 deficit tops $1 trillion, with two months to go - Washington Times

The government's idea of debt reduction is merely reducing the rate of increase of the deficit.

http://www.washingtontimes.com/news/2011/aug/5/fy2011-deficit-tops-1-trillion-two-months-go/

U.S. eats up most of debt limit in one day - Washington Times

LOOKS LIKE the government wants to spend more money than it should - NO PROBLEM for the government, as the taxpayers are paying for ALL of it.

http://www.washingtontimes.com/news/2011/aug/3/us-eats-most-debt-limit-one-day/

Pentagon says projected spending cuts could undermine security - latimes.com

Without the security provided by a strong and ready military, what good is printing all that money to bail out banks and other companies "too big to fail"?

See:
http://www.latimes.com/news/nationworld/nation/la-na-defense-budget-20110804,0,4025402.story

The Real Losers - The debt-ceiling deal: Winners and losers - The Washington Post

The REAL losers are the American people.

This so-called balanced budget merely reduces the rate of increase of the deficit - there is NO increase in taxes or revenues with no significant decrease in entitlement spending. The elderly poor (no political clout) will suffer the brunt of the cuts.

The expression "kick the can down the road" refers to the delaying of having to deal with the deficit. Let the future generations figure it out.

The United States is likely to lose it's AAA credit rating because of the way it DID NOT handle the budget and debt ceiling issues.

This is NOT going to help the U.S. out of the new recession - see:
http://www.msnbc.msn.com/id/43946055/ns/business-us_business/t/signs-double-dip-recession-has-begun/

The winners are still the fat cats and big financial institution and the losers are the little people - see:
http://www.washingtonpost.com/politics/the-debt-ceiling-deal-winners-and-losers/2011/07/31/gIQAHl7FmI_story.html

Check out this article!

The Tea Party is portrayed as a bunch of terrorists because it insists on a balanced budget where the United States does not spend more than it takes in - by its not supporting a deficit ceiling increase and unbalanced budget they were going to "blow up" the economy.

Vice-President Biden has set up the Tea Party for a fall by naming it as "terrorists" for all kinds of penalties under the Patriot Act dealing with "terrorists". This is very clever of the government in using its laws to punish its political enemies. This is the type of thing we see in Russia, China, the Middle East, some South America dictatorships and other less enlightened countries.

Is this a good thing - the United States government dealing harshly with the opposition party?

See:
http://abcnews.go.com/Politics/palin-gop-respond-alleged-biden-terror-comment/story?id=14209743

Report: China building electromagnetic pulse weapons for use against U.S. carriers - Washington TimesThe medical research also appeared useful for China's military in making sure that EMP weapons used against Taiwan and “any vulnerable U.S. [aircraft carrier] would not push the U.S. across the nuclear-response threshold,” the report said.

This can't be good - the Chinese are working on limited EMP weapons for use on U.S. aircraft carriers defending Taiwan with the idea that such a weapon not cause the U.S. to respond with nuclear weapons. 

Northrop Grumman aircraft systems have electronics likely to be affected by EMP weapon effects - not good for the pilot flying the F/A-18 or F-35. This is in addition to not having the systems on the aircraft carrier working - BIG problem for all concerned.

The China wants to take back the renegade province of Taiwan by force if not for fear of the United Startes stepping in to defend Taiwan's sovereignty.

The once SECRET report indicates that

***...The medical research also appeared useful for China's military in making sure that EMP weapons used against Taiwan and "any vulnerable U.S. [aircraft carrier] would not push the U.S. across the nuclear-response threshold," the report said....***

See more at:
http://www.washingtontimes.com/news/2011/jul/21/beijing-develops-radiation-weapons/

Liberals see opportunity for big cuts in defense - Washington Times

This cannot be anything but BAD news for Northrop Grumman. The Liberals want to HUGE cuts in defense spending. 

Supposedly they are addressing the budget deficit by cutting back on one of the six things in the preamble of the constitution, i.e. "...in order to form a more perfect union, establish justice, insure domestic tranquility, provide for the common defense, promote the general welfare, and secure the blessings of liberty to ourselves and our posterity..." See Article I, Section 8 for the particulars. Notice that there's nothing in regards to bailing out large banks and car companies that are "too big to fail". 

The Liberals want to cut back on the constitutionally required capability of the government while maintaining entitlements for others.

This is bad news for Northrop Grumman because it is primarily a defense contractor - Northrop Grumman builds weapon systems for the government to kill people and break things.

See more at:

http://www.washingtontimes.com/news/2011/jul/18/liberals-see-opportunity-for-big-cuts-in-defense/

Article: Northrop Claim to Save $600 Million in Shipyard Sale Is Questioned by U.S. 2 hours ago

It seems that Northrop Grumman is not golden regarding it's claim of how much money they are saving and how much it should be reimbursed for spinning off it's shipyard operations 

Seems that there a problem with the government's audit and it makes Northrop Grumman look like cooked the books just to get a few dollars ($300 million) from the government. 

See

Northrop Claim to Save $600 Million in Shipyard Sale Is Questioned by U.S. 2 hours ago - Bloomberg

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