Air Force looks to modernize its aging fleet

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first_imgEdwards already has been looking for ways to work more efficiently. The base’s military personnel have dipped from about 3,000 to 2,150, with the biggest change resulting from converting 900 military positions into about 450 civilian posts. [email protected] (661) 267-5743160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! The average age of an Air Force aircraft is 24 years old, Carlson noted. The average is 48 years old for the Air Force’s KC-15E tankers, the flying fuel stations that keep other aircraft airborne, he said. The Air Force aims to retire older aircraft and use the money saved from maintaining and operating those planes for newer technologies. Retiring the U-2 reconnaissance aircraft and the F-117 stealth fighter could provide $2 billion in savings, he said. Congress is blocking the retirement of the U-2 until it can be proved that its capabilities can be replaced by other aircraft. The F-117, however, is in the process of being phased out. Of 52 of the fighters, six have already been retired, four more will be retired this year, and the rest will be retired between 2008 and 2009. The F-117 is worked on in Palmdale by Lockheed Martin Aeronautics Co. The retirements won’t result in any layoffs, however, because work is picking up on other programs, including parts work in support of the F-22 and F-35 fighter programs, company spokeswoman Dianne Knippel said. Edwards will see cuts, but the extent remains to be seen, said Maj. Gen. Curt Bedke, Edwards commander. LANCASTER – The Air Force will be drawing down its ranks and investing in newer aircraft as it tries to meet the emerging threats around the world, according to a key Air Force general. The Air Force plans to reduce its ranks by 57,500 airmen by 2011. The savings from that drawdown will be invested in updating aircraft, said Gen. Bruce Carlson, commander of the Air Force Materiel Command, which includes Edwards Air Force Base. He said some Air Force planes still in service are more than 50 years old. “We simply have to re-capitalize the fleet to be ready to fight the next war,” Carlson said in a recent interview. Carlson’s command is responsible for buying, testing and maintaining the service’s aircraft. The command has 10 bases, with 73,000 people, and manages about 37 percent of the Air Force budget. last_img

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Aryzta announces plans to raise £715m in capital

first_imgAryzta is aiming to raise around £715m as part of plans to strengthen its presence in the frozen bakery market.The move follows a profit warning in May and announcement of plans to reduce costs over the next three years as the business comes under pressure from increased labour and ingredient costs.In a statement issued this morning (13 August), the company said it had undertaken a detailed review of its capital structure and would now approach shareholders with a view to raising €800m (£715m).The additional funding will be used primarily to reduce debt, which Aryzta said would give it the strategic and financial flexibility it needed to implement its business plan and focus on the frozen bakery market.Aryzta also reported that trading in its fourth quarter had been in line with expectations and with the guidance it gave in its profit warning in May.The company added that it remained committed to its previously announced €1bn deleveraging plan, made up of a combination of cash flow generation and at least €450m of asset disposals. Aryzta said it had made solid progress with disposal of non-core assets and that it still planned to dispose of its stake in French retail group Picard.“A significantly improved capital structure will provide Aryzta with the means to continue to take the necessary steps to reposition the business and deliver on our strategy,” said Aryzta chief executive Kevin Toland.“Over the medium term, we expect to generate significant cash flow, which will be applied towards continued net debt reduction and to resource selective growth opportunities.”In April, Aryzta appointed former Frieslandcampina chief operating officer Gregory Sklikas as CEO of its European business.last_img

Scottish bakery introduces graduate celebration platter

first_imgScottish bakery Fisher & Donaldson has unveiled a celebration buffet platter for university and school graduates during the Covid-19 pandemic.With university and school graduations cancelled because of the coronavirus pandemic, graduating university students, year six (P6) and sixth-year pupils are missing out celebrating their academic achievements, said the firm.This led to the creation of the Class of 2020 buffet platter, targeted at pupils, students and families at home.The platter (rsp: £8.99) comprises filled rolls, savoury pastries and a selection of mini cakes, including the bakery’s popular fudge doughnut and a cupcake with a ‘Class of 2020’ edible scroll.“We can all remember how special that last day of school before summer was, and after years of hard work at university, a graduation ceremony is a really important part of moving forward into the working world,” said Chloe Milne, marketing manager at Fisher & Donaldson.The buffet platters are available for delivery in St Andrews, Cupar, Dundee and the surrounding villages, and can also be collected from the bakery’s St Andrews or Cupar branches.“We recognised how sorely missed these occasions would be by pupils and students in our local area and decided to make something extra special, so they could celebrate in style at home,” added Milne.“We hope these treats will be enjoyed and help make an occasion out of what could have been a disappointing day.”last_img

Los Monologos de La Vagina Begins Off-Broadway

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