Showing posts with label innovation. Show all posts
Showing posts with label innovation. Show all posts

Saturday, February 22, 2014

U.S. weapons makers, military bet on innovation as funds shrivel




HUNTSVILLE, Alabama Sat Feb 22, 2014 1:56pm EST



HUNTSVILLE, Alabama (Reuters) – Building missiles used to be back-breaking, strenuous work, and dangerous too, given the high level of explosives involved.


But U.S. weapons maker Raytheon Co has revolutionized that process at a sprawling, classified facility in Huntsville, Alabama, where automated transporters ferry missile parts to gleaming assembly stations, and even tuck themselves away for charging when their batteries run low.


The $ 75 million facility at the U.S. military’s Redstone Arsenal reflects a new spirit of innovation pulsing through the U.S. defense industry, which is scrambling to maintain revenues despite declining military budgets after the end of the war in Iraq and the withdrawal of forces from Afghanistan.


“This is what we call the ‘factory of the future’,” said Randy Stevenson, director of Raytheon’s Weapon Integration Center. “We’re using a lot of automation and intelligence and other innovative aspects of doing business that we gathered from other industries,” including the automotive business.


Stevenson said the factory is already delivering better production time, quality and safety, but those metrics will improve as the factory matures. “This horse is at a trot, but we’re going to come to a gallop in another year or so,” he told Reuters during a rare media tour of the plant.


Leanne Caret, who heads Boeing Co’s vertical lift programs, said changing times called for different approaches.


“We’re really taking a step back and thinking about how do we make innovation part of every employee’s day-to-day decision-making,” Caret told Reuters during a conference hosted by the Association of the U.S. Army conference. She said Boeing was setting up innovation centers across the country to encourage greater collaboration and “out-of-the-box” thinking.


Caret said she was confident that a teaming agreement between Boeing and United Technologies Corp’s Sikorsky Aircraft for early work on a next-generation helicopter would help the companies disprove the conventional wisdom that the cost of military aircraft will continue to grow exponentially.


“We are going to be able to break the price curve,” she said. “We’re very conscious of the realities. It’s more than acquisition costs. It’s as much about developing a weapons system that you build, deploy and sustain for the long term.”


Thinking differently, for instance, has allowed Boeing to leverage the expertise of its commercial airplane testers to keep testing of its military aircraft on schedule and cost.


Top U.S. Army officials this week underscored the need for continued spending by industry and government on science and technology, highlighting work on new materials, alternative energy sources, robotics and even better meals for soldiers.


“We’re still investing in new capabilities,” top Army arms buyer Heidi Shyu told executives, reminding them that many of today’s weapons systems got their start during a downturn in defense spending after the Vietnam War.


Dan Bailey, who heads the Pentagon’s effort to develop a new rotary aircraft, said top U.S. defense officials continued to support the program despite declining budgets, mindful of the need to maintain or rebuild the defense industry’s base of engineering and design talent.


He said one critical element was ensuring that the aircraft had computer systems that were able to integrate new technology developments as they emerged, much like a smart phone can accommodate a continuous stream of new applications or “apps.”


“These trucks will be out there for another century. We need to put in place an architecture that’s robust, that’s enduring and flexible,” Bailey said.


Unmanned ground, sea and air systems also provide fertile ground for innovation.


Lockheed Martin Corp this week said it had been selected by the U.S. Army Robotics Technology Consortium to use one of its unmanned K-MAX cargo helicopters to transport an unmanned ground vehicle into an “area of interest” deemed too risky for humans and then use on-board sensors to stream data and carry out operations.


Joe Zinecker, head of combat maneuver systems at Lockheed’s missile division, said the deal was an industry first.


“We believe this demonstration could lead to expanded missions such as remote sensing and monitoring of suspected chemical, biological, radiological, nuclear and explosive threats or events,” he said.


(Reporting by Andrea Shalal; Editing by James Dalgleish)






Reuters: Politics



U.S. weapons makers, military bet on innovation as funds shrivel

Saturday, May 18, 2013

Bernanke upbeat on innovation outlook in commencement address



U.S. Federal Reserve Chairman Ben Bernanke attends the G20 finance ministers meeting during the Spring Meeting of the International Monetary Fund and World Bank in Washington, April 19, 2013. REUTERS/Yuri Gripas

U.S. Federal Reserve Chairman Ben Bernanke attends the G20 finance ministers meeting during the Spring Meeting of the International Monetary Fund and World Bank in Washington, April 19, 2013.


Credit: Reuters/Yuri Gripas





WASHINGTON | Sat May 18, 2013 11:14am EDT



WASHINGTON (Reuters) – Federal Reserve Chairman Ben Bernanke painted an upbeat picture on Saturday for the potential of innovation to lift living standards, delivering a sweeping look at the last 100 years that included memories of his 1963 South Carolina home.


Bernanke made no reference to monetary policy or the immediate outlook for the U.S. economy in prepared remarks to graduates of Bard College at Simon’s Rock, Massachusetts.


But the die-hard baseball fan did manage to work in a reference to one of the sport’s greats.


“Is it true, then, as baseball player Yogi Berra said, that the future ain’t what it used to be?,” the chairman said, noting the existence of serious skepticism that leaps in computers and other information technology would yield the same dramatic boost to growth and living standards as previous episodes of industrial revolution.


“Nobody really knows; as Berra also astutely observed, it’s tough to make predictions, especially about the future. But there are some good arguments on the other side of this debate.”


Bernanke delivers testimony on the U.S. economy on Wednesday before the congressional Joint Economic Committee.


His words will be parsed for any hint that he favors tapering Fed bond purchases, currently running at an $ 85 billion monthly pace. But recent U.S. economic data has been mixed, and economists polled by Reuters continue to expect the bond buying to continue until later this year, if not into early 2014.


Bernanke did not tip his hand during his comments to graduates, but he did offer some rare insights into his childhood home in Dillon, South Carolina to illustrate how life has not changed all that much in the last 50 years.


“We had a dishwasher, a washing machine, and a dryer. My family owned a comfortable car with air conditioning and a radio, and the experience of commercial flight was much like today but without the long security lines,” he recalled.


There was no internet, but there was a color television “although, I must acknowledge, the colors were garish and there were many fewer channels to choose from.”


After pointing out that the so-called IT revolution had not been as transformative as all that, Bernanke then went on to outline several areas where technology may only have scratched the surface in exploiting the potential for change.


He argued that IT and biotechnology have tremendous scope to improve healthcare – which absorbs a considerable amount of U.S. household income and where costs are projected to rise – as well as the potential for the development of cleaner energy.


“As trade and globalization increase the size of the potential market for new products, the possible economic rewards for being first with an innovative product or process are growing rapidly,” he said. “In short, both humanity’s capacity to innovate and the incentives to innovate are greater today than at any other time in history.”


(Reporting by Alister Bull; Editing by Tim Dobbyn)





Reuters: Economic News



Bernanke upbeat on innovation outlook in commencement address

Wednesday, February 6, 2013

How To Deliver A Best Father Of The Groom Speech

Giving a speech during son\’s wedding is sometimes panicking situation. And for the people who have stage fear, it is more than just a speech. Most times, they just forward the responsibility on others or someone who is nearest in relation. Preps related to speech are highly recommended especially if you are the one to write a father of the groom speech.

The very first ever point to be thought of is, the speech must have a sturdy opening as well as of program have to be lighthearted. You are able to include little humor and several of your experiences that get target audience attention. And the most effective means to open your speech is with a commendable quote that develops a durable ground for you.

Delivering An Effective Father Of Groom Speech

Make sure you always introduce yourself and if you are the one who isn\’t father of groom, then you are supposed to disclose your relation with the groom. It is essential, although there would be the guests who already know you, but there will be few people whom you\’ve met for the first time.

Do not forget to thank and welcome all the invited guests, they feel touched and you get emotionally attached with them. Speak about your son\’s personality and his lifestyle that makes him unique and makes him special persona for the day! Beware, not to misuse your language or crack any joke on him. There is little difference between light humor and funny joke!

You should make this day the most memorable one with your speech. Not just for you, it is equally important for the invited guests and groom. You must not use any offensive language as it will make the day memorable though, but in adverse manner. Try not to talk about his past girlfriends, ex-wife if any or his past relationships.

While talking about groom\’s childhood pretty memories, good memories, make sure you also talk about his relationship with other family members. But make sure you don\’t embarrass him with something funny that shouldn\’t be discussed in public. Few things are to be kept between you and your family.

Alcoholic beverages are just there to add embarrassment to the speech! Don\’t ever before drink ideal just before your speech; you never ever know what you are talking. You might say a little something that you are sorry for later on, but words thrown out are able to never be repossessed! It is totally a lousy strategy to speak or make the jokes that are sexual or distracting in quality.

Last but not the least; end your speech with some kind blessings for the newlywed couple. A most tried and effective tactic is, show as if you are not comfortable giving advice, but you can deliver your thoughts in blessing manner. On the whole, your speech should be pleasing, sentimental, little bit humorous and not too long. You can add little religious views as wedding is of course a religious function and beginning of a completely new life for the newlywed couple. Also thank the other party i.e. bride\’s parents. It is a sentimental moment for them; their daughter is stepping into a new world!

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How To Deliver A Best Father Of The Groom Speech