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Air Force successfully launches LRASM missile from B-1B Lancer

Air Force successfully launches LRASM missile from B-1B Lancer

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Aug. 18 (UPI) -- The U.S. Navy and Lockheed Martin have conducted the first free-flight launch of a Long Range Anti-ship Missile from a B-1B Lancer bomber at Point Mugu, Calif.The missile navigated pre-programmed waypoints before targeting and destroying a single moving target out of a group using onboard sensor criteria. It was the first complete functionality test of the LRASM."Today marks a significant step towards providing the operational community with a leap in critical surface warfare capability by next year," LRASM director Capt. Todd Huber said in a press release.The Long Range Anti-ship Missile is a derivative of the Joint Air to Surface Standoff Missile. It is a stealthy cruise missile designed to pick out specific naval targets using a modified Tactical Tomahawk mission data s...
One in 10 adults owns second home, says think tank

One in 10 adults owns second home, says think tank

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As many as 5.2 million UK adults - or one in 10 - have bought or inherited a second home, according to research.Think tank the Resolution Foundation said the number of multiple home owners grew by 30% between 2002 and 2014.That figure includes buy-to-let landlords - counted as one owner even if they have multiple properties - as well as those who own separate properties to live in themselves.At the other end of the scale, four in 10 adults own no property at all.The foundation said the number of people without property had also risen over the 12-year period.As a result, the study concluded that there was a growing gap between those who have property wealth and those who do not.The government is already ploughing £60m a year into rural and coastal communities that are most affected by secon
National Guard activates cyber-security task force

National Guard activates cyber-security task force

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Aug. 18 (UPI) -- A full-time Army National Guard unit of more than 100 cyber specialists was mobilized this week, the largest mobilization of cyber forces from reserve units to support the U.S. Cyber Command.The specialists of Task Force Echo, which will support the U.S. Cyber Command consists of 138 soldiers from California, Georgia, Michigan, Indiana, Utah, Ohio and Virginia who were recruited for their skills and experience in cyber-systems and cyber-security.The Army said the soldiers will be integrated into the Maryland National Guard during their active duty."This is truly an important formation as we take a look at what we anticipate will be a total force mission," Lt. Gen. Paul Nakasone, commander of Army Cyber Command, said during a transition-of-authority ceremony. "The soldiers ...
Brexit deal 'not essential', says think tank

Brexit deal 'not essential', says think tank

Business
A trade deal with the EU following Britain's exit from the bloc is "desirable but not essential", according to a leading free-market think-tank.The Institute of Economic Affairs (IEA) has said the possibility of a hard Brexit - which would mean the UK leaving the European Union with no ongoing trade deal and therefore defaulting to World Trade Organisation rules - would "not be a disaster", despite most businesses and politicians in Britain warning against it."Many people believe that disaster will befall us if we do not forge a deal with the EU," says the IEA's research director, Jamie Whyte."In fact, we could unilaterally eliminate all import tariffs, which would give us most of the benefits of trade, and export to the EU under the umbrella of the WTO rules."Then we can seek free-trade d...
Asda reports first rise in sale in three years

Asda reports first rise in sale in three years

Business
Asda has reported its first increase in quarterly sales for three years, boosted by a bumper Easter.Britain's third biggest supermarket, owned by US retail giant Walmart, said like-for-like sales rose by 1.8%, excluding petrol, in the three months to 30 June.This compares with a 2.8% fall in the first quarter of this year, which was an eleventh straight decline.It is a big turnaround when compared to this time last year, when the supermarket chain suffered its worst ever quarterly result with sales plummeting by 7.5%.Walmart president and CEO Doug McMillon said he was "encouraged" by the results."I visited Asda to see the progress being made," he said. "Customers are responding to investments in price and store experience by visiting the stores more often and increasing their basket sizes....