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POPSMilitary Spending: Not ‘Recession Proof’ The New York Times' Thom Shanker and Christopher Drew survey the outlook for U.S. military spending. From the equities standpoint, U.S. aerospace and defense stocks are down 33.2% year to date, versus a drop of 33.9% broadly for U.S. equities.
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POPS Is Wall Street Wise To Obama? He is far too smart to say what Barney Frank just said–that we should cut the military budget by 25%. But it tells you something that Morgan Stanley has just downgraded the entire aerospace and defense sector ahead of the presidential election Obama is heavily favored to win. Wonder why they figure that we won’t be spending so much on defense in the future? Maybe the financial analysts aren’t buying Obama’s centrist makeover?
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POPSRussian Military Spending: $50 Billion New York Times story adds that certain U.S. military officials are "unimpressed" by Russia's plans. One told the times that “these programs have long been in the works. They are not new plans.” As we noted here, http://www.forbes.com/beltway/2008/09/30/aerospace-defense-washington-biz-wash-cz_atg_0930beltway.html , President Bush recently signed a defense appropriations bill totaling $488 billion.
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POPSFuture planes, cars may be made of 'buckypaper' So far, buckypaper can be made at only a fraction of its potential strength, in small quantities and at a high price. The Florida State researchers are developing manufacturing techniques that soon may make it competitive with the best composite materials now available. "If this thing goes into production, this very well could be a very, very game-changing or revolutionary technology to the aerospace business," said Les Kramer, chief technologist for Lockheed Martin Missiles and Fire Control, which is helping fund the Florida State research.
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POPSDefense Contractors Get Jitters Lockheed Martin, Raytheon, and General Dynamics all get mentions in this Washington Post story. Pair the story with our item earlier this month on an aerospace trade group's approach to the budget: http://www.forbes.com/beltway/2008/09/30/aerospace-defense-washington-biz-wash-cz_atg_0930beltway.html
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POPSRocket Racing League The Rocket Racing League (RRL) is a futuristic sports league combining the exhilaration of racing with the power of rocket engines
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POPSSuper-Space Cube "to Link All Known Technologies" It's not just the connections that are built for extraterrestrial operation: the unit is highly impact resistant, of course compact, and draws a minuscule five watts to operate. The trade off for these tiny requirements is less than impressive specs: a 300 MHz processor and only 16 MB of RAM.
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POPSPrivate Space Project Rolls On White Knight Two will launch SpaceShipTwo, which will be the size of a corporate Gulfstream capable of carrying six passengers and two pilots. Both will be built wholly from ultra-light composite materials.
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POPSNASA 'wants to buy Japan's cargo spacecraft' NASA had only just started helping US companies with such a ship. Too late. A reflection of the uncertainty of funding due to the Iraq/Afghanistan invasions. Seeing all that money going to greed and corruption must really hurt scientists.
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POPSThe World's First Flying Saucer: Made Right Here on Earth Using an onboard source of energy (such as a battery, ultracapacitor, solar panel or any combination thereof), the electrodes will send an electrical current into the plasma, causing the plasma to push against the neutral (noncharged) air surrounding the craft, theoretically generating enough force for liftoff and movement in different directions (depending on where on the craft's surface you direct the electrical current). The concept sounds far-fetched, but U.F. mechanical and aerospace engineering associate professor Subrata Roy plans to have a mini model ready to demonstrate his theory within the next year.
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