There¹s all to play for in this year¹s J.P. Morgan Asset Management Round the Island Race

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Whatever the result, Ben Ainslie will make history tomorrow on board Eleonora, the largest yacht ever to compete in the Round the Island Race.

Photo credit: Matt Dickens, onEdition

Big guns have J.P. Morgan Asset Management Round the Island Race in their sights

The scene is set for another classic J.P. Morgan Asset Management Round the Island Race, as big breezes and some impressively large yachts promise to make the 81st running of the event on Saturday June 30 another superb spectacle.

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DLA Recognizes Oshkosh Defense for Cost-Savings Achievements

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Oshkosh Defense honored with DLA Land and Maritime Material Cost Reduction Partner Award

OSHKOSH, Wis. (June 28, 2012) — The Defense Logistics Agency (DLA) Land and Maritime has recognized Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), with the Material Cost Reduction Award for the company’s commitment to reducing costs and supporting Warfighters. Oshkosh received the award at the NDIA Supply Chains Conference & Exhibition Featuring DLA Land and Maritime this month in Columbus, Ohio.

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General Dynamics to Acquire Earl Industries’ Ship Repair Division

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Earl Industries’ corporate headquarters in Portsmouth, Virginia encompasses nearly 200,000 square feet of state-of-the-art, secure facilities. Executive, Ship Repair, Facilities, Engineering, Safety, Purchasing, Planning and Estimating operations are based here.

On the same property, Earl’s 60-acre, modern marine waterfront facility – located on the main branch of the Elizabeth River – is fully outfitted with all of the permanent services necessary for even the largest of ship repair and servicing operations.

FALLS CHURCH, Va. – General Dynamics (NYSE: GD) has entered an agreement to acquire the Ship Repair and Coatings Division of Earl Industries, a leading East Coast ship repair company that supports the U.S. Navy fleet in Norfolk, Va., and Mayport, Fla. The value of the cash transaction, which General Dynamics expects to be accretive to earnings in 2013, has not been disclosed. The transaction is subject to customary closing conditions and is expected to close this summer.

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Waldo Canyon Fire

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This June 27, 2012, photo was taken of the Waldo Canyon fire from southwestern Colorado Springs, Colorado, looking northwest towards the areas where the fire started on Saturday, June 23.

NASA satellites continue to provide coverage of the smoke and heat signatures generated from wildfires raging in the western United States.

Image Credit: Don Savage Photography (used by permission)

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Sentinel mission control taking shape

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The Sentinel-2 mission will be able to monitor changing landscapes like this area by combining a large swath, frequent revisit and systematic acquisition of all land surfaces at high spatial resolution and with a large number of spectral bands. It is being developed by ESA for the European Global Monitoring for Environment and Security programme.

Credits: Astrium GmbH

29 June 2012
While industrial partners build the first Sentinel satellites, experts at ESA are developing and testing vital mission control systems for engineers to operate the craft once in orbit.

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Harris Corporation to Announce Fourth Quarter Results on Tuesday, July 31, 2012

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MELBOURNE, Fla .– Harris Corporation (NYSE:HRS) will host a conference call on Tuesday, July 31, 2012, at 8:30 a.m. Eastern Time (ET) to discuss its fourth quarter fiscal year 2012 financial results. The company will issue a press release reporting its fourth quarter earnings at approximately 6:30 a.m. ET.

The dial-in numbers for the teleconference are (800) 901-5226 (U.S.) and (617) 786-4513 (International), using participant code 80430919. Please allow at least 10 minutes before the scheduled start time to connect to the teleconference. Participants are encouraged to listen via webcast, which will be broadcast live at www.harris.com/conference-call. A recording of the call will be available on the Harris website, beginning at 12 p.m. ET on July 31.

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Underwater jetpacks with Neemo

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A Neemo aquanaut with jetpack used to move underwater.

Neemo missions train astronauts for life in space. Living and working in an underwater base is similar to life on a space station. During a 12-day mission, ESA astronaut Tim Peake and six crewmates lived in cramped conditions, performed ‘waterwalks’ and had to solve problems as a team to test equipment and techniques for future space exploration.

The underwater base is almost 20 m under the sea off the coast of Florida.

Credits: NASA

29 June 2012
ESA astronaut Tim Peake and his Neemo crewmates resurfaced last week after spending 12 days underwater off Florida’s Atlantic coast. The aquanauts tested equipment and techniques for future space exploration as well as finding time for educational experiments.

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