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Boeing, Robotic Cheetah, France

Dated: 19 Sep 2014
Posted by Christine Chan
Categoiry: Business Model, International, Security, Technology

Boeing: The head of Boeing’s defense unit, Chris Chadwick, is preparing a road map that would concede the fighter market to Lockheed and pin the business’s future on other aircraft, including military versions of its commercial jetliners. With defense revenues down from 56% in 2003, to 38% in 2013, the company is at a crossroads, sitting between their legacy portfolio, and a reshaping portfolio.  Boeing Chief Executive Jim McNerney told investors in July that keeping defense and space revenue around $30 billion a year requires replacing the lost fighter revenue by winning contracts such as a new long-range strike bomber, a proposed Air Force trainer jet and the Navy’s UCLASS carrier-based drone program.  Additionally there is a drive to build more software products, emulating the technology industry’s effort to balance sales of hardware.

Robotic Cheetah: MIT researchers have developed an algorithm for bounding that they’ve successfully implemented in a robotic cheetah — a sleek, four-legged assemblage of gears, batteries, and electric motors that weighs about as much as its feline counterpart. While a bit slower, in experiments on an indoor track, the robot sprinted up to 10 mph, even continuing to run after clearing a hurdle. The MIT researchers estimate that the current version of the robot may eventually reach speeds of up to 30 mph.

France: French President François Hollande announced that the country’s first airstrikes in Iraq destroyed an ISIS logistics center on Friday morning. The French airstrikes are the first addition to U.S. military action in Iraq against ISIS.  Meanwhile, the United Kingdom said it would help arm Kurdish forces, support the Iraqi government, keep supplying humanitarian help and coordinate with the United Nations to battle ISIS.

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