tyb
State Department OKs nearly $6 billion in weapons sales to Gulf allies
WASHINGTON (Reuters) - The U.S. State Department has approved a possible $6 billion worth of weapons sales to Bahrain and the United Arab Emirates in three separate packages, the Pentagon said on Friday after notifying Congress of the certification.
The United States depends on allies in the region, including Saudi Arabia, to counter Iranian influence. In April, the U.S. moved ahead with part of a THAAD missile defense system sale to the kingdom.
In one of the notifications sent to Congress on Friday, Bahrain could potentially buy various Patriot missile systems and related support and equipment for an estimated cost of $2.48 billion. That potential Bahraini deal included 36 Patriot MIM-104E Guidance Enhanced Missiles known as GEM-T, an upgrade that can shoot down aircraft and cruise missiles.
In a separate State Department notification sent to Congress, Bahrain was also given the nod for various weapons to support its F-16 Block 70/F-16V aircraft fleet for an estimated cost of $750 million. That package included 32 AIM-9X missiles, 20 AGM-84 Block II Harpoon missiles and 100 GBU-39s which are 250-pound small diameter bombs and other munitions.
In a third State Department notification, the United Arab Emirates was given potential approval for $2.73 billion worth of Patriot missiles and related equipment including 452 Patriot Advanced Capability 3 (PAC-3) Missiles Segment Enhanced (MSE) and related equipment.
The Pentagon’s Defense Security Cooperation Agency notified Congress of the possible sale. The notification process alerts Congress that a sale to a foreign country has been approved, but it does not indicate that a contract has been signed or negotiations have concluded.
The principal contractors for the sales were Raytheon Co and Lockheed Martin Co.
https://www.reuters.com/article/us-usa-defense-arms/state-department-oks-nearly-6-billion-in-weapons-sales-to-gulf-allies-idUSKCN1S924P
Privately developed Japanese rocket reaches outer space
(Mainichi)
SAPPORO (Kyodo) – Japanese aerospace startup Interstellar Technology Inc. said a small rocket it launched Saturday morning has succeeded in reaching outer space.
【Related】Japan's space startup postpones rocket launch due to glitch
【Related】Japanese space start-up to launch rocket April 30 after fiasco
Following its successful launch after two postponements earlier this week, the unmanned MOMO-3 became Japan's first privately developed rocket to accomplish the feat.
The MOMO-3 was launched at around 5:45 a.m. at the venture company's site on Japan's northernmost main island of Hokkaido. It is the company's third launch attempt after previous tries failed in 2017 and 2018.
https://mainichi.jp/english/articles/20190504/p2g/00m/0dm/008000c
wouldn't put it past them. Any chance to show how "persecuted" they are and then manifesto posted here in 3…2…1….
speaking of Munchkins there is this from April 18th
Sears sues Lampert, claiming he looted assets and drove it into bankruptcy
NEW YORK (Reuters) - Sears Holdings Corp sued longtime former Chairman Eddie Lampert, his hedge fund ESL Investments and others like Treasury Secretary Steven Mnuchin, claiming they illegally siphoned billions of dollars of assets from the retailer before it went bankrupt.
The lawsuit, made public on Thursday, was filed by the restructuring team winding down Sears’ bankruptcy estate and suing on behalf of creditors, many of whom blame Lampert for the retailer’s downfall.
It followed the billionaire’s $5.2 billion purchase in February of most Sears assets, including the DieHard and Kenmore brands, after a bankruptcy auction.
The complaint seeks the repayment of “billions of dollars of value looted from Sears,” including while it was in what Lampert would later call a “death spiral” where it sold core assets to meet daily expenses with no real plan for becoming profitable.
“Had defendants not taken these improper and illegal actions, Sears would have had billions of dollars more to pay its third-party creditors today and would not have endured the amount of disruption, expense, and job losses resulting from its recent bankruptcy filing,” the complaint said.
Sears filed for Chapter 11 protection in October after a prolonged decline under Lampert marked by large losses, scant investment and lost market share to retailers such as Walmart Inc, Home Depot Inc and Amazon.com Inc.
Others sued include ESL President Kunal Kamlani; Bruce Berkowitz and his Fairholme Capital Management, which was a large Sears shareholder; and Seritage Growth Properties, which took over 266 of Sears’ best stores in a 2015 spinoff.
Mnuchin, a college roommate of Lampert’s at Yale University, had been a director at Sears and ESL, and previously worked with Lampert at Goldman Sachs.
ESL is the hedgie that bought Sear's-munchkin's was a director there at the time.'
In a statement on behalf of ESL, Lampert and Kalmani, ESL said it vigorously disputed the lawsuit, calling the allegations “misleading or just flat wrong,” and saying all transactions were done in good faith and for shareholders’ benefit.
https://www.reuters.com/article/us-sears-lawsuit-idUSKCN1RU1V3
https://www.secform4.com/insider-trading/1034054.htm
Woodward, Inc. is an independent designer, manufacturer and service provider of energy control and optimization solutions. The Company designs, produces and services energy control products for various applications. The Company's segments include Aerospace and Industrial. The Company's Aerospace segment designs, manufactures and services systems and products for the management of fuel, air, combustion and motion control. The Company's Industrial segment designs, produces and services systems and products for the management of fuel, air, fluids, gases, electricity, motion and combustion. The Company has production and assembly facilities in the United States, Europe and Asia and South America, and promotes its products and services throughout the world. The Company offers solutions for the aerospace, industrial and energy markets. The Company focuses primarily on serving original equipment manufacturers (OEMs) and equipment packagers.
https://www.marketscreener.com/WOODWARD-INC-11381/company/
any input here?, as in anon experience with this place?
https://www.secform4.com/insider-trading/108312.htm
also leveraged the property's that sear's owned in an attempt to 'cash flow'-a nice way to say it- his way out of a hole that was not able to be overcome. As I understood it, it was over before he even bought it and all he did was leverage the shit out of those props and other than declining inventory value they were the only real asset left.
and Madoff, yea…not enough space here!
kek
and then there's this one….