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Air Force awards contract to M1 for T-38 maintenance

Air Force awards contract to M1 for T-38 maintenance

Business
Aug. 30 (UPI) -- The U.S. Air Force has awarded a $ 23.4 million contract modification to M1 Support Services for maintenance on T-38 training aircraft. M1 Support Services, out of Denton, Texas, will specifically conduct intermediate and organizational maintenance on aircraft for Air Combat Command, Air Force Materiel Command and Air Force Global Strike Command, the Department of Defense said in a release. It will conduct work at a number of Air Force bases, with a Sept. 30, 2019, target date for completion. The Defense Department is obligating $ 23.4 million in fiscal 2019 operations and maintenance funds at the time of the award. The Air Force is in the midst of replacing its T-38C trainers at undergraduate pilot training bases with Advanced Pilot Trainers, known as T-X aircraft, but t...
US-China trade war: New tariffs come into force

US-China trade war: New tariffs come into force

Business
US President Donald Trump's trade war against China has moved up a gear as it brings in a 25% tax on a second wave of goods worth $ 16bn (£12.4bn).The move ratchets up the dispute which began in July. The US imports far more goods from China than it exports to it. There are fears that more tariffs could cause further damage to companies and consumers. Goods affected this time include motorcycles and aerials. China immediately imposed retaliatory taxes on the same value of US products.Why did this start?President Trump has been sounding off about unfair trade since even before he became president. During the 2016 election campaign, he said China engaged in the "rape" of the American economy.He ordered an investigation into Chinese trade policies in A...
Tottenham Hotspur transfer news: Toby Alderweireld ready to run down Spurs deal to force Manchester United move

Tottenham Hotspur transfer news: Toby Alderweireld ready to run down Spurs deal to force Manchester United move

Sports
LET ME LEAVE Centre-back frozen out last season after rejecting new deal and is set on an Old Trafford switch, but Spurs are demanding up to £75m for his services Toby Alderweireld will run down his Spurs contract and demand a move away if his club do not let him join Manchester United, according to reports. The Belgian centre-back refused to sign a new £130,000-a-week deal last season and has been an outcast since, but Spurs still want £75million for him, which has put United off a deal. Alderweireld’s time at Spurs appears to be over Alderweireld, 29, is desperate for a United move and will turn down any other interested parties, according to the Mirror. His current Spurs deal has only 11 months to run, but the club ...
Overtaxed cops turn up in force to probe Sheeran’s critter crisis

Overtaxed cops turn up in force to probe Sheeran’s critter crisis

Entertainment
GETTY SHEERANVILLE: Sheeran bought four houses next to each other to create his estate near Framlingh Despite rising crime and officers being “too busy” to investigate some burglaries, police descended on the singer’s Suffolk estate – dubbed “Sheeranville”.It has been claimed great crested newts – a protected species – were unsettled when an old pond was tidied up.Sheeran, 27, who is worth £80million, bought four houses next to each other to create his estate near Framlingham.Police and council officers launched investigations into work on two ponds.Suffolk Police said: “Police have investigated an allegation of disturbance to a European Protected Species....
Lockheed to support, train Iraqi air force on C-130J aircraft

Lockheed to support, train Iraqi air force on C-130J aircraft

Business
July 2 (UPI) -- Lockheed Martin has been awarded an $ 85 million five-year contract to train the Iraqi air force on their six C-130J aircraft. The deal, announced Friday by the Department of Defense, allows the U.S. Air Force to support the Iraqis with contractor logistics support, technical assistance and logistics. It will also include aircraft and aerospace ground equipment, spares, repairs and familiarization training on the C-130J aircraft. Work will be performed at Martyr Mohammed Ala Air Base in Iraq and is expected to be completed by June 30, 2022. Foreign military sales funds amounting to more than $ 16 million will be obligated at the time of award, with the overall value of the contract set at a ceiling value of $ 100 million. Let's block ads! (Why?) Business News - UPI.com