Monday, September 22, 2014

DTN News - ISLAMIC STATE NEWS: U.S. and Allies Hit ISIS Targets in Syria

DTN News - ISLAMIC STATE NEWS: U.S. and Allies Hit ISIS Targets in Syria
Source: DTN News - - This article compiled by K. V. Seth from reliable sources The New York Times
(NSI News Source Info) TORONTO, Canada - September 22, 2014The United States and allies launched airstrikes against Sunni militants in Syria early Tuesday, unleashing a torrent of cruise missiles and precision-guided bombs from the air and sea on the militants’ de facto capital of Raqqa, Syria, and along the porous Iraq border.


American fighter jets and armed Predator and Reaper drones, flying alongside warplanes from several Arab allies, struck a broad array of targets in territory controlled by the militants known as the Islamic State. American military officials said the targets included weapons supplies, depots, barracks and buildings the militants use for command and control. Tomahawk cruise missiles were fired from United States Navy ships in the region.

The strikes represent a major turning point in President Obama’s war against the Islamic State and open up a risky new stage of the American military campaign. Until now, the administration has bombed Islamic State targets only in Iraq, and had suggested it would be weeks if not months before the start of a bombing campaign against Islamic State targets in Syria.

The strikes come 13 days after Mr. Obama announced in an address to the nation that he was authorizing an expansion of the military campaign against the Islamic State, also known as ISIS.

*Link for This article compiled by K. V. Seth from reliable sources The New York Times
*Speaking Image - Creation of DTN News ~ Defense Technology News 
*Photograph: IPF (International Pool of Friends) + DTN News / otherwise source stated
*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News Contact:dtnnews@ymail.com 
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DTN News - PICTURES OF THE DAY: IT'S TUESDAY

DTN News - PICTURES OF THE DAY: IT'S TUESDAY 
Source: DTN News - - This article compiled by K. V. Seth for Pictures of The Day
(NSI News Source Info) TORONTO, Canada - September 22, 2014IT'S TUESDAY

TUESDAY
TUESDAY
TUESDAY
TUESDAY


Have A Beautiful Tuesday To All
    DTN News Friends

*Link for This article compiled by K. V. Seth for Pictures of The Day
*Speaking Image - Creation of DTN News ~ Defense Technology News 
*Photograph: IPF (International Pool of Friends) + DTN News / otherwise source stated
*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News Contact:dtnnews@ymail.com 
©COPYRIGHT (C) DTN NEWS DEFENSE-TECHNOLOGY NEWS

DTN News: U.S. Department of Defense Contracts Dated September 22, 2014

DTN News: U.S. Department of Defense Contracts Dated September 22, 2014
Source: K. V. Seth - DTN News + U.S. DoD issued No. CR-182-14 September 22, 2014
(NSI News Source Info) TORONTO, Canada - September 22, 2014: U.S. Department of Defense, Office of the Assistant Secretary of Defense (Public Affairs) Contracts issued September 22, 2014 are undermentioned;

CONTRACTS
ARMY
Leebcor Services, LLC,* Williamsburg, Virginia, was awarded a $99,000,000 firm-fixed price, multiyear contract for real property maintenance and repair, minor new construction and for design/build projects for the Fort Lee, Virginia, Department of Public Works (DPW). Funding and exact work location will be determined with each order, with an estimated completion date of Sept. 16, 2019. Bids were solicited via the Internet, with 19 received. Army Contracting Command, Fort Benning, Georgia, is the contracting activity (W911SF-14-D-0010).
Sotera Defense Solutions, Herndon, Virginia, was awarded a $24,728,542 cost-plus fixed-fee contract, with options, for research and development on large data frameworks. This is a two-year base contract, with one 12-month option. Work will be performed in Herndon, Virginia, with an estimated completion date of Sept. 22, 2017. Bids were solicited via the Internet, with one received. Fiscal 2014 research, development, test and evaluation funds in the amount of $39,223 are being obligated at the time of the award. Army Contracting Command, Aberdeen Division, Fort Monmouth, New Jersey, is the contracting activity (W56KGU-14-C-0017).
Georgia Tech Applied Research Corp., Atlanta, Georgia, was awarded an $11,982,586 cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract for university affiliated research center follow-up for radar related research and development. Funding and work location will be determined with each order, with an estimated completion date of Sept. 22, 2019. One bid was solicited, with one received. Army Contracting Command, Aberdeen Division, Fort Monmouth, New Jersey, is the contracting activity (W56KGU-14-D-0015).
Oshkosh Defense, LLC, Oshkosh, Wisconsin, was awarded a $12,753,068 firm-fixed-price contract to procure integrated logistics support services to include interactive electronic technical manual updates to reflect the current vehicle configurations, engineering changes, updated troubleshooting, maintenance tasks, and corrected errors; national maintenance work requirements to reflect the most recent vehicle configurations; and packaging data updates for the multiple heavy tactical vehicle variants. Work will be performed in Oshkosh, Wisconsin, with an estimated completion date of Sept. 30, 2016. Bids were solicited via the Internet, with one received. Fiscal 2012 other procurement (Army) funds in the amount of $12,753,068 are being obligated at the time of the award. Army Contracting Command, Warren, Michigan, is the contracting activity (W56HZV-14-C-0302).
Honeywell Technology Solutions Inc., Columbia, Maryland, was awarded an $11,050,167 modification (P0001) to cost-plus-fixed-fee contract W52P1J-12-G-0061 for contract services to support Army Field Support Battalion - Northeast Asia operations at Camp Carroll, Waegwan, Korea, and Sagami Army Depot, Japan. Fiscal 2014 operations and maintenance (Army) funds in the amount of $11,050,167 were obligated at the time of the award. Estimated completion date is Sept. 21, 2015. Army Contracting Command, Rock Island Arsenal, Illinois, is the contracting activity.
Applied Aquatic Management, Inc.,* Bartow, Florida, was awarded a $8,000,000 firm-fixed-price, indefinite-delivery/indefinite-quantity contract, with options, to conduct invasive species management on U.S. Army Corps of Engineers and other federal lands. Vegetation management activities shall include terrestrial and/or natural area vegetation management, aquatic vegetation management, vegetation mapping and data analysis/entry, and vegetation planting. The contractor shall provide the appropriate labor. Funding and work location will be determined with each order, with an estimated completion date of Sept. 21, 2019. Bids were solicited via the Internet, with eight received. U.S. Army Corps of Engineers, Jacksonville, Florida, is the contracting activity (W912EP-14-D-0007).
Northbank Civil and Marine LLC,* Vancouver, Washington was awarded a $7,344,000 firm-fixed-price contract to rehabilitate five Tainter floodgates at Lookout Point Dam. Work will be performed in Lowell, Oregon, with an estimated completion date of Feb. 28, 2019. Bids were solicited via the Internet, with four received. Fiscal 2014 other procurement funds in the amount of $7,344,000 are being obligated at the time of the award. U.S. Army Corps of Engineers, Portland, Oregon, is the contracting activity (W9127N-14-C-0032).
UPDATE: Main Street Power Company, Inc.,* Boulder, Colorado, was added as an awardee under solicitation W912DY-11-R-0036 to compete for power purchase agreement task orders. This contract will be part of the solar technology suite of contracts. All awarded contracts, in all technologies – solar, wind, biomass and geothermal, will compete for task orders under an estimated ceiling of $7,000,000,000. Funding and work location will be determined with each order, with an estimated completion date of Aug. 26, 2023. U.S. Army Corps of Engineers, Huntsville, Alabama, is the contracting activity (W912DY-14-D-0071).
NAVY
Lockheed Martin Corp., Fort Worth, Texas, is being awarded a $60,000,000 modification to the previously awarded Lot IX F-35 Lightening II Joint Strike Fighter advance acquisition contract (N00019-14-C-0002) to procure long lead parts, materials and components in support of the procurement of four additional F-35A Air Systems for the government of Japan under the Foreign Military Sales program. Work will be performed in Fort Worth, Texas, and is expected to be completed in February 2015. Foreign military sales funds in the amount of $60,000,000 are being obligated on this award, none of which will expire at the end of the current fiscal year. The Naval Air Systems Command, Patuxent River, Maryland, is the contracting activity.
Provengo, LLC, Oceanside, New York, is being awarded a maximum amount $45,407,529 firm-fixed-priced, indefinite-delivery/indefinite-quantity contract for 150,160 temperate-weather and 150,160 hot-weather boots in support of the Rugged All Terrain Boot program. All work will be performed in Portland, Oregon, and is expected to be completed in September 2017. Fiscal 2014 military personnel funds in the amount of $5,999,985 will be obligated under delivery order 0001 at the time of award and will expire at the end of the current fiscal year. Additional funds will be obligated on delivery orders as they are issued. This contract was competitively procured via the Federal Business Opportunities website, with two offers received. The Marine Corps System Command, Quantico, Virginia, is the contracting activity (M67854-14-D-1052).
L-3 Communications Corp., Ayer, Massachusetts, is being awarded a $39,688,613 indefinite-delivery/indefinite-quantity, firm-fixed-price, cost-plus-fixed-fee contract for the procurement of hardware items and associated engineering and technical services for multiple U.S. Navy ship classes. This proposed contract will provide various supplies and services in support of the analysis, repair, alteration, and product improvement of existing L-3 systems currently installed. Work will be conducted at various ship homeports within and outside the continental United States as required, and is expected to completed by September 2019. Fiscal 2014 operations and maintenance (Navy) funding in the amount of $300,000 will be obligated at time of award and will expire at the end of the current fiscal year. This contract was not competitively procured in accordance with 10 U.S.C. 2304(c)(1) - only one responsible source and no other supplies or services will satisfy agency requirements. The Naval Surface Warfare Center, Carderock Division, Ship System Engineering Station, Philadelphia, Pennsylvania, is the contracting activity (N65540-14-D-0011).
Hampton Roads Mechanical of Virginia, Inc.,* Chesapeake, Virginia, is being awarded a maximum amount $19,883,426 indefinite-delivery/indefinite-quantity contract for utility systems at Naval installations in the Hampton Roads, Virginia, area of responsibility (AOR). The work to be performed provides for maintenance, inspection, cleaning, painting, repair, testing and replacement of utility systems in and around various government sites in the greater Hampton Roads area. No task orders are being issued at this time. Work will be performed in the Hampton Roads, Virginia AOR. The term of the contract is not to exceed 60 months, with an expected completion date of September 2015. Fiscal 2014 operation and maintenance (Navy) contract funds in the amount of $5,000 are obligated on this award and will expire at the end of the current fiscal year. This contract was competitively procured via the Navy Electronic Commerce Online website, with one proposal received. The Naval Facilities Engineering Command, Mid-Atlantic, Norfolk, Virginia, is the contracting activity (N40085-14-D-8150).
Swiftships Shipbuilding, L.L.C.*, Morgan City, Louisiana, is being awarded an $18,000,000 not-to-exceed contract for the accomplishment of continuous lifecycle support for the Iraqi navy. This contract involves foreign military sales to Iraq. This contract will provide technical expertise in preventative and planned maintenance, emergent repairs, and platform overhaul support services for Iraqi patrol boats, off-shore vessels, and defender boats. Work will be performed on Umm Qasr Naval Base, Iraq, and is expected to be completed by October 2015. FMS funding in the amount of $9,000,000 will be obligated at time of award and the contract funds will not expire at the end of the current fiscal year. This contract was not competitively procured pursuant to 10 U.S.C. 2304(c)(4). Per FAR 6.302-4(a)(2) - full and open competition need not be provided for when precluded by the terms of an international agreement or a treaty between the United States and a foreign government or international organization, or the written directions of a foreign government reimbursing the agency for the cost of the acquisition of the supplies or services for such government. The Naval Sea Systems Command, Washington, District of Columbia, is the contracting activity (N00024-14-C-4217).
CGI Federal Inc., Fairfax, Virginia, is being awarded a $9,807,114 hybrid, cost-plus-fixed-fee, firm-fixed-price task order (N00039-14-F-0029) against an existing GSA Alliant contract (GS00Q09BGD0022) for engineering services in support of the modernization, virtualization, and migration of systems and applications from legacy data centers to authorized Department of Defense and Navy enterprise data centers, as well as commercial hosting facilities. This task order includes a one-year base period and four one-year option periods, which, if exercised, would bring the estimated cumulative value of the task order to $50,381,982. The work on this task order will be performed at various locations including the contractor's facility in Fairfax, Virginia and at Navy-mandated hosting facilities, including Navy Enterprise Data Centers, Defense Information Systems Agency, Navy Marine Corps Intranet/ Next Generation Enterprise Network, and commercial hosting facilities. Work is expected to be completed September 2015. If all options are exercised, work could continue through September 2019. Fiscal 2014 operation and maintenance funding in the amount of $8,376,692 will be obligated at the time of award. Funds will expire at the end of this current fiscal year. This task order was competitively procured with proposals solicited from all GSA Alliant awardees via GSA’s eBUY portal. Four offers were received. The Space and Naval Warfare Systems Command, San Diego, California, is the contracting activity.
Offshore Service Vessels, Inc., Cut Off, Louisiana, is being awarded an $8,798,690 modification under a previously awarded firm-fixed-price contract (N00033-13-C-2001) to exercise a one-year option for the time charter of maritime support vessel MV C-Champion. The vessel is used as a platform for launching and recovering small boats; refueling and provisioning small boats; and assisting with limited maintenance for small boats. The vessel also provides support to maritime security operations. Work will be performed worldwide, and is expected to be completed by October 2015. Working capital contract funds in the amount of $8,798,690 are obligated for fiscal 2015 subject to availability of funds. No funds will expire at the end of the current fiscal year. The U.S. Navy’s Military Sealift Command, Washington, District of Columbia, is the contracting activity.
IBM U.S. Federal, Bethesda, Maryland, is being awarded $8,631,429 for firm-fixed-price task order 0006 under previously awarded a multiple award contract (N0004-13-D-QA03) to provide finance and audit systems and programming business integration services in support of Navy Enterprise Resource Planning efforts. Work will be performed in Mechanicsburg, Pennsylvania, and work is expected to be completed no later than Sept. 21, 2015. Fiscal 2014 Navy working capital funds in the amount of $5,055,833 will be obligated at the time of award. Contract funds will not expire by the end of the current fiscal year. Three vendors were solicited for the multiple award contract and three offers were received in response to the solicitation. Naval Supply Systems Command, Fleet Logistics Center Norfolk, Mechanicsburg, Pennsylvania, is the contracting activity.
Peter Vander Werff Construction, Inc.,* El Cajon, California, is being awarded $7,316,691 for firm-fixed-price task order 0005 under a previously awarded multiple award construction contract (N62473-14-D-0039) for repairs of the Air Operations Center, Building 1 at Naval Air Station Lemoore. Project will consist of new roof, bathroom remodeling, new office space, fire protection, new elevator, seismic upgrades, asbestos abatement and new air distribution system. Work will be performed in Lemoore, California, and is expected to be completed by March 2016. Fiscal 2014 operation and maintenance (Navy) contract funds in the amount of $7,316,691 are obligated on this award and will expire at the end of the current fiscal year. Four proposals were received for this task order. The Naval Facilities Engineering Command, Southwest, San Diego, California, is the contracting activity.
AIR FORCE
Leidos Inc., Reston, Virginia, has been awarded a $49,403,000 indefinite-delivery/indefinite-quantity contract for research and development. Contractor will conduct research and development and perform testing for integrated threat warning and countermeasure response, including missile warning, laser warning and hostile fire indication. In addition, contractor will develop techniques for detection of missile, laser and hostile fire threats, and develop and validate countermeasures for these threats. Work will be performed at Wright-Patterson Air Force Base, Ohio, and is expected to be completed by Sept. 22, 2020. This award is the result of a competitive acquisition with two offers received. Fiscal 2014 research and development funds in the amount of $2,547,865 are being obligated at the time of award. Air Force Research Laboratory, Wright-Patterson Air Force Base, Ohio, is the contracting activity (FA8650-14-D-1752).
Alion Science and Technology Corp., Burr Ridge, Illinois, has been awarded a $24,896,089 cost-plus-fixed-fee delivery order (0088) to previously awarded contract FA4600-06-D-0003 for research, development, engineering, technical evaluation and information analysis and dissemination for the U.S. Army Rapid Equipping Force. Contractor will leverage its research, development, test and evaluation experience in the processing and fabrication methods associated with the design, research and development, production, and repair of metals, composites, ceramics, electronic materials, and energetic materials to produce, test, and validate prototypes for delivery to the Army. Work will be performed at Mount Arlington, New Jersey, and Fort Belvoir, Virginia, and is expected to be completed by Dec. 29, 2016. Fiscal 2014 Army operations and maintenance funds in the amount of $100,000 are being obligated at the time of award. Air Force Installation Contracting Agency, Offutt Air Force Base, Nebraska, is the contracting activity.
L-3 Communications Corp., Salt Lake City, Utah, has been awarded a $23,115,046 Basic Ordering Agreement order (0005) to previously awarded contract FA8620-13-G-4051. Contractor will provide satellite communications terminals, Predator modem assembly, remote split operations racks, 70 MHz-to-fiber optic converters, and test and monitor subsystems. Work will be performed at Salt Lake City, Utah, and is expected to be completed by Sept. 30, 2016. This award is the result of a sole-source acquisition. Fiscal 2012 and 2013 aircraft procurement funds in the amount of $23,115,046 are being obligated at the time of award. Air Force Life Cycle Management Center, Wright-Patterson Air Force Base, Ohio, is the contracting activity.
L-3 Communications Corp., Salt Lake City, Utah, has been awarded a $20,306,274 Basic Ordering Agreement order (0002) to previously awarded contract FA8620-13-G-4051 for Air Combat Command force structure satellite communications terminals. Work will be performed at Salt Lake City, Utah, and is expected to be completed by Feb. 1, 2017. This award is the result of a sole-source acquisition. Fiscal 2012 and 2013 aircraft procurement funds in the amount of $20,306,274 are being obligated at the time of award. Air Force Life Cycle Management Center, Wright-Patterson Air Force Base, Ohio, is the contracting activity.
AOC Environmental Inc., Wichita Falls, Texas (FA3020-13-D-0009); C3, LLC, Broken Arrow, Oklahoma (FA3020-13-D-0010); Gideon Contracting, LLC., San Antonio, Texas (FA3020-13-D-0011); HCR Construction, Inc., Norcross, Georgia (FA3020-13-D-0012); and Unified Services of Texas, Inc., Southlake, Texas (FA3020-13-D-0014), have each been awarded a modification (P00002) to exercise the first option period of their multiple award construction contracts. The combined estimated option amount for contracts in the program is $18,000,000 for base infrastructure support services. Companies will compete for individual task orders to be performed at Sheppard Air Force Base, Texas; Lake Texoma Annex, Texas; Altus Air Force Base, Oklahoma; and Frederick Airfield, Oklahoma, with an expected completion date of Sept. 27, 2015. No funds are being obligated at time of award. The 82d Contracting Squadron, Sheppard Air Force Base, Texas, is the contracting activity.
Alion Science and Technology Corp., Burr Ridge, Illinois, has been awarded a $16,173,281 cost-plus-fixed-fee delivery order (0066) to previously awarded contract FA4600-06-D-0003 for environmental technology and technical services support. Contractor will use technical expertise in advanced materials, manufacturing, and testing to perform evaluation, analysis, planning, testing, and implementation in the areas of system engineering, technology assessment and technology transfer. Work will be performed at San Antonio, Texas; McLean, Virginia; and Rome, New York, and is expected to be completed by Dec. 29, 2016. Fiscal 2014 Army operations and maintenance funds in the amount of $99,700 are being obligated at the time of award. Air Force Installation Contracting Agency, Offutt Air Force Base, Nebraska, is the contracting activity.
Hawker Beechcraft Corp., Wichita, Kansas, has been awarded a $16,625,317 modification (P00034) to previously awarded contract FA8620-11-C-3000 for contractor logistics support for the Iraq Peace Dragon King Air 350 Program. This modification exercises the second option year. Work will be performed in Iraq and is expected to be completed by Sept. 30, 2015. This contract involves foreign military sales. Air Force Life Cycle Management Center, Wright-Patterson Air Force Base, Ohio, is the contracting activity.
McCrone Associates Inc., Westmont, Illinois, has been awarded a $10,135,521 modification (P00023) to previously awarded contract FA7022-12-0006. Contractor will provide non-personal services to process and analyze particle samples for the purpose of nuclear test ban treaty verification for the Air Force Technical Applications Center nuclear directorate. The contract will support the U. S. Atomic Energy Detection System. The acquisition will provide technical expertise in particle analysis and operational analytical techniques. Work will be performed at Westmont, Illinois, and is expected to be completed by Sept. 30, 2015. Fiscal 2015 operations and maintenance funds in the amount of $10,135,521 will be obligated when funds become available. Air Force ISR Agency, Patrick Air Force Base, Florida, is the contracting activity.
Lockheed Martin Corp., Fort Worth, Texas, has been awarded a $9,476,790 modification (P00542) to previously awarded contract FA8611-08-C-2897 to procure air intake disbond repair. The contractor will do inlet coatings removal and replacement required to avert extensive disbond and reversion repairs in the field. Work will be performed at Hill Air Force Base, Utah, and all aircraft are expected to be inducted by Dec. 31, 2014. Fiscal 2014 aircraft procurement funds in the amount of $9,476,790 are being obligated at the time of award. Air Force Life Cycle Management Center, Hill Air Force Base, Utah, is the contracting activity.
Schafer Corp., Chelmsford, Massachusetts, has been awarded an $8,999,214 modification (P00032) to previously awarded contract FA7022-11 -C-0009 for particle analysis services. The contractor will provide non-personal services for the processing and analyzing of particle samples for the purpose of nuclear test ban treaty verification for the Air Force Technical Applications Center in support of the U. S. Atomic Energy Detection System. Work will be performed at Sunol, California, and is expected to be completed by Sept. 30, 2015. Fiscal 2015 operations and maintenance funds in the amount of $8,999,214 will be obligated when funds become available. Air Force ISR Agency, Patrick Air Force Base, Florida, is the contracting activity.
DEFENSE LOGISTICS AGENCY
McRae Industries, Inc.,** Mount Gilead, North Carolina, has been awarded a maximum $6,963,008 modification (P00103) exercising the first option year on a one-year base contract (SPM1C1-13-D-1075), with four one-year option periods. This is a firm-fixed-price contract for hot weather boots. Location of performance is North Carolina, with a Sept. 22, 2015 performance completion date. Using military service is Marine Corps. Type of appropriation is fiscal 2014 defense working capital funds. The contracting activity is the Defense Logistics Agency Troop Support, Philadelphia, Pennsylvania.
UPDATE: Nilfisk Advances Incorporated, Plymouth, Minnesota (SPE8EC-14-D-0027), has been added as an awardee to the multiple award contract issued against solicitation #SPM8EC-11-R-0006 for commercial type environmental equipment.
DEFENSE ADVANCED RESEARCH PROJECTS AGENCY
Northrop Grumman Systems Corporation, El Segundo, California, has been awarded a $19,267,875 modification (P00002) adding Phase II base period within the general scope of the cost-plus-fixed-fee contract (HR0011-13-C-0096) for the Tactically Exploited Reconnaissance Node (TERN) program. The addition of the TERN Phase II program brings the total cumulative face value of the contract to $22,124,645 from $2,856,770. Work will be performed in the following locations: El Segundo, California (48 percent); San Diego, California (30 percent); Cincinnati, Ohio, (5 percent); Benbrook, Texas (15 percent); and Mojave, California (2 percent). The TERN Phase II program is expected to complete on September 30, 2015. Fiscal year 2014 research, development, test and evaluation funds in the amount of $6,606,628 are being obligated at time of award. The Defense Advanced Research Projects Agency, Arlington, Virginia, is the contracting activity.
*Small business
**In HubZone
*Link for This article compiled by K. V. Seth + U.S. DoD issued No. CR-182-14 September 22, 2014 
*Speaking Image - Creation of DTN News ~ Defense Technology News 
*Photograph: IPF (International Pool of Friends) + DTN News / otherwise source stated
*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News Contact:dtnnews@ymail.com 
©COPYRIGHT (C) DTN NEWS DEFENSE-TECHNOLOGY NEWS

Saturday, September 20, 2014

DTN News - CHINA NEWS: China Drives Global Diamond Jewelery Sales To $79 Billion

DTN News - CHINA NEWS: China Drives Global Diamond Jewelery Sales To $79 Billion
• China's market share will increase to 20 to 25 percent in a decade and could soon surpass that of the United States
• Demand for the precious stone has reached a record high

• A dearth of new diamond finds in recent years has hurt production rates, while existing mines in Botswana, South Africa and Namibia are becoming depleted
Source: DTN News - - This article compiled by K. V. Seth from reliable sources CNN News
(NSI News Source Info) TORONTO, Canada - September 20, 2014: (HONG KONG) - China's demand for polished diamonds has exploded over the past decade rising from 3 percent of global demand in 2003 to 15 percent in 2013 when booming global sales reached an estimated US$79 billion.

Polished diamond sales in China rocketed by 14% last year alone, double the pace of growth seen in the U.S.

Overall, sales of diamond jewelry to the Chinese have been the fastest growing in the world, averaging about 21% a year over the last decade. China now accounts for 13% of global demand, up from just 3% in 2003.

The U.S. is still the world's largest diamond market but companies such as De Beers are increasingly looking to China for growth.

As disposable incomes rise, Chinese consumers are driving global markets for luxury products, including expensive watches, handbags, cars and diamonds. China now accounts for nearly one-third of global luxury purchases, according to the report.


China is still seeing much higher than average growth in diamond sales, even though some luxury segments have been hurt by a government anti-corruption campaign, and a slowing economy. Global diamond jewelry sales hit a record $79 billion last year, led by strong interest from the Chinese for the rare gem, according to a report from De Beers.

Based on the current trajectory, China's market share will increase to 20 to 25 percent in a decade and could soon surpass that of the United States, long the world's top market with 40 percent of global sales last year, De Beers' executive head of strategy and corporate affairs Bruce Cleaver said in an interview with The Straits Times Friday.

Demand for the precious stone has reached a record high, with global sales being driven by Chinese buyers switching their fancies from gold and jade to diamonds, according to an inaugural industry report by De Beers, the world's largest supplier of diamonds.

Demand from China grew 14 percent on year in 2013, the fastest rate globally, according to De Beers' Diamond Insight Report.

The bulk of demand came from married women, who accounted for two thirds of purchases and sales value.Engaged women accounted for around 20 percent of purchases and contributed to just under a quarter of sales value in China, while single women accounted for 14 percent of purchases and made up 11 percent of sales value.

The report, released at the Hong Kong Jewellery and Gem Fair, said the 'spoiling route' in China buying or receiving a diamond outside of a specific occasion is thriving. Last year, 18 percent of diamond purchases were made for no particular occasion, while 24 percent were self-purchases rather than gifts.

Although China remains the largest contributor to demand in the global diamond jewelry market, its exponential rate has started to slow.

"China is the biggest engine growth for the diamonds business and has been for the past five to 10 years. The rate is slowing down but it's still a big increase. I think this year China demand will be just under 10 percent," said Philippe Mellier, CEO of De Beers Group

Meanwhile, sales in India and Japan declined 10 percent and 6 percent, respectively, in U.S. dollar terms in 2013.

Mellier pointed out that consumers are set for higher prices in the coming years as demand thrives but production tightens.

A dearth of new diamond finds in recent years has hurt production rates, while existing mines in Botswana, South Africa and Namibia are becoming depleted and the need to dig deeper has made operations less profitable.

"Unless major new discoveries are made in the coming years, supply can be expected to decline gradually from 2020," De Beers said, forecasting rocky times ahead for the $85 billion a year industry.

*Link for This article compiled by K. V. Seth from reliable sources CNN News
*Speaking Image - Creation of DTN News ~ Defense Technology News 
*Photograph: IPF (International Pool of Friends) + DTN News / otherwise source stated
*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News Contact:dtnnews@ymail.com 
©COPYRIGHT (C) DTN NEWS DEFENSE-TECHNOLOGY NEWS

DTN News - CHINA NEWS: Alibaba Prices Shares At $68 In Largest US IPO Ever

DTN News - CHINA NEWS: Alibaba Prices Shares At $68 In Largest US IPO Ever
• The $21.8 billion raised is to be split among the Chinese e-commerce behemoth, its executives and early investors
• Alibaba is expected to begin trading at the New York Stock Exchange Friday morning
• A $68 per share IPO will have raised $21.77 billion and valued the company at $167.62 billion.
Source: DTN News - - This article compiled by K. V. Seth from reliable sources Forbes
(NSI News Source Info) TORONTO, Canada - September 20, 2014: (NEW YORK) - Chinese e-commerce powerhouse Alibaba Group priced shares on Thursday for its upcoming initial public offering at $68 each, in what is one of the largest IPO for a U.S.-listed company.
The deal raised $21.8 billion, which is to be split among the Chinese e-commerce behemoth, its executives and early investors.

The total comes close to the previous record of $22 billion raised by Agricultural Bank of China.

Alibaba, which not only dominates the market in its home country but also has designs to expand aggressively abroad, is expected to begin trading at the New York Stock Exchange Friday morning.

If Alibaba's offering plans have not changed, a $68 per share IPO will have raised $21.77 billion and valued the company at $167.62 billion.

The meeting of underwriters and Alibaba executives took place at Citigroup, sources told CNBC.

The closed door meeting lasted about 45 minutes, and the discussion was about the company's future, not the IPO prices, sources told CNBC.

Slated to be the largest IPO in world history, Alibaba's offering has been compared to Facebook's, which was mired by technological and filing hiccups that saw the price initially fall.

The firm was expected to price within a range of $66 to $68, with advisors recommending $68.

The IPO has been anticipated for months, if not years, as investors have been attracted to the company's market dominance in China and its impressive profitability. The deal also carries significant symbolic value: A Chinese company achieving a historic IPO by listing its shares in the U.S, reports WSJ.

Alibaba's IPO price values the whole company at $168 billion, making it instantly one of the largest listed in the U.S. and giving it a larger market capitalization than Amazon, which is at about $150 billion.

The stock is poised to start trading Friday on the New York Stock Exchange under the symbol BABA. Alibaba decided to list its shares in New York instead of Hong Kong because regulations in the Asian hub prevent the company's founding partners from maintaining control of the board.

Alibaba, founded in 1999 by now-Executive Chairman Jack Ma, has thrived on the boom in e-commerce in China, the world's most populous nation. According to recent readings, Alibaba controls 80 percent of China's e-commerce market. The company's Taobao and Tmall marketplaces handled $248 billion in online transactions last year, which is more than Amazon and eBay had combined, reports WSJ.

The company's momentum has continued. Last month, Alibaba posted a 46 percent jump in revenue for its most recent quarter, helped along by an increase in revenue and transactions derived from mobile users. The company also is far more profitable than many of its American Internet counterparts, generating 43 percent operating profit margins in the second quarter. In comparison, Amazon had a 0 percent operating margin.

Ma has pushed his company to expand into other segments, making more than a dozen acquisitions already this year.

Recently, it bought a stake in online video-site operator Youku Tudou and a 50 percent stake in a professional soccer team. Investors who attended a recent Alibaba presentation told The Wall Street Journal that Ma said the company wants to be a "zoo that houses many animals rather than a farm which just has one animal."

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*Link for This article compiled by K. V. Seth from reliable sources Forbes
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DTN News - DEFENSE NEWS: Canadian Fighter Jets Intercept Russian Bombers in Arctic

DTN News - DEFENSE NEWS: Canadian Fighter Jets Intercept Russian Bombers in Arctic
Source: DTN News - - This article compiled by K. V. Seth from reliable sources CBC News
(NSI News Source Info) TORONTO, Canada - September 20, 2014Fighter jets intercepted two Russian bombers flying about 75 kilometres off Canada’s Arctic coast in the early morning hours Thursday, NORAD revealed to CBC News.

Two CF-18s met the Tupolev Tu-95 long-range bombers, commonly referred to as "Bears," at around 1:30 a.m. PT as they flew a course in “the western reaches” of Canada’s Air Defence Identification Zone (ADIZ) over the Beaufort Sea, said Maj. Beth Smith, spokeswoman for North American Aerospace Defence Command.

The ADIZ extends approximately 320 kilometres from Canada’s coastlines, a distance far beyond the 22 kilometres, or 12 nautical miles, from the coast that define a nation’s sovereign airspace. Smith made it clear that the Russian bombers never entered Canada’s sovereign airspace, but did come within about 75 kilometres of Canada's mainland. 

The encounter comes one day after Ukrainian President Petro Poroshenko delivered a speech in Parliament thanking Canada for its ongoing support as his country’s forces battle with pro-Russian separatist rebels.

“This is disturbing. We’ve heard stories like in the past, of Russian bombers challenging Canadian airspace,” said James Bezan, parliamentary secretary to the Minister of National Defence and a Conservative MP from Manitoba.

“This plays into the narrative of a Putin regime that’s more aggressive not just in Crimea, not just in Ukraine, but indeed testing their neighbour in their entire region," he said. 

About six hours before the CF-18s intercepted the Russian bombers, American F-22 fighter jets were scrambled from a base in Alaska to meet a group of Russian aircraft, including two refuelling tankers, two MiG-31 fighters and two long-range bombers.

After the U.S. jets made contact, the group headed west back towards Russian airspace.

“We’re seeing increased aggressive actions being taken by the Russian Federation,” Bezan said during an interview on CBC’s Power & Politics.

Despite the ongoing tensions between Western allies and Russia, it is not the first time Canadian and U.S. aircraft have intercepted Russian bombers seemingly flying toward sovereign airspace.

According to Smith, NORAD has dispatched fighter jets to make contact with Russian long-range bombers “in excess of 50 times” in the last five years.

Canadian jets intercepted the same type of long-range bombers off the coast of Newfoundland in 2010. After that incident, Peter MacKay, then minister of defence, told CBC News that Canadian military aircraft intercept between 12 and 18 Russian bombers annually.

Fighter jets intercepted two Russian bombers flying about 75 kilometres off Canada’s Arctic coast in the early morning hours Thursday, NORAD revealed to CBC News.

Two CF-18s met the Tupolev Tu-95 long-range bombers, commonly referred to as "Bears," at around 1:30 a.m. PT as they flew a course in “the western reaches” of Canada’s Air Defence Identification Zone (ADIZ) over the Beaufort Sea, said Maj. Beth Smith, spokeswoman for North American Aerospace Defence Command.

The ADIZ extends approximately 320 kilometres from Canada’s coastlines, a distance far beyond the 22 kilometres, or 12 nautical miles, from the coast that define a nation’s sovereign airspace. Smith made it clear that the Russian bombers never entered Canada’s sovereign airspace, but did come within about 75 kilometres of Canada's mainland. 

The encounter comes one day after Ukrainian President Petro Poroshenko delivered a speech in Parliament thanking Canada for its ongoing support as his country’s forces battle with pro-Russian separatist rebels.

“This is disturbing. We’ve heard stories like in the past, of Russian bombers challenging Canadian airspace,” said James Bezan, parliamentary secretary to the Minister of National Defence and a Conservative MP from Manitoba.

“This plays into the narrative of a Putin regime that’s more aggressive not just in Crimea, not just in Ukraine, but indeed testing their neighbour in their entire region," he said. 

About six hours before the CF-18s intercepted the Russian bombers, American F-22 fighter jets were scrambled from a base in Alaska to meet a group of Russian aircraft, including two refuelling tankers, two MiG-31 fighters and two long-range bombers.

After the U.S. jets made contact, the group headed west back towards Russian airspace.

“We’re seeing increased aggressive actions being taken by the Russian Federation,” Bezan said during an interview on CBC’s Power & Politics.

Despite the ongoing tensions between Western allies and Russia, it is not the first time Canadian and U.S. aircraft have intercepted Russian bombers seemingly flying toward sovereign airspace.

According to Smith, NORAD has dispatched fighter jets to make contact with Russian long-range bombers “in excess of 50 times” in the last five years.

Canadian jets intercepted the same type of long-range bombers off the coast of Newfoundland in 2010. After that incident, Peter MacKay, then minister of defence, told CBC News that Canadian military aircraft intercept between 12 and 18 Russian bombers annually.

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*Link for This article compiled by K. V. Seth from reliable sources CBC News
*Speaking Image - Creation of DTN News ~ Defense Technology News 
*Photograph: IPF (International Pool of Friends) + DTN News / otherwise source stated
*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News Contact:dtnnews@ymail.com 
©COPYRIGHT (C) DTN NEWS DEFENSE-TECHNOLOGY NEWS

Friday, September 19, 2014

DTN News: Islamic State - ISIL, ISIS or IS Top Stories / Headlines News Dated September 19, 2014

DTN News: Islamic State - ISIL, ISIS or IS Top Stories / Headlines News Dated September 19, 2014
(NSI News Source Info) TORONTO, Canada - September 19, 2014: Comprehensive daily news related to Islamic State - ISIL, ISIS or IS Top Stories / Headlines News for the world of TODAY.
*Comprehensive daily news related to Islamic State - ISIL, ISIS or IS Top Stories / Headlines News for the world of TODAY

  1. Obama: ISIS threat against US, allies 'doesn't frighten us'

    CNN-15 hours agoShare
    STORY HIGHLIGHTS ... ...We can destroy ISIL without having our troops fight another ground war in the Middle East." ... As top U.S. military leadership approved a plan to strike ISIS in Syria, the Senate on Thursday ... be the first in a series of messages on behalf of the group that calls itself the Islamic State.
  2. USA TODAY

    Obama outlines ISIS strategy: Airstrikes in Syria, more US forces

    CNN-Sep 9, 2014
    They are known as ISISISIL and Islamic State. .... After his meeting with top congressional leaders at the White House on Tuesday, Obama ...
    Haynes: Why branding of ISIS matters
    Monroe News Star-Sep 11, 2014
  3. Steven Sotloff beheaded by Islamic State - latest

    Telegraph.co.uk-Sep 3, 2014
    Nato summit Wales: Isil and Ukraine top agenda - latest .... 17.44 The Islamic State of Iraq and the Levant (Isil) controls an area the ... "Former captives said that he continued observing Jewish holy days and praying while in ISIS custody. ... home safety, this obviously was not how the story was meant to end.
  4. Six Strategies Obama Could Use to Fight the Islamic State

    Politico-Aug 30, 2014
    Top Stories, Videos & Photos ... After a summer in which Islamic State militants have rampaged through Iraq and Syria, declared an Islamic ...
  5. Airstrike kills 40 Islamic State fighters

    USA TODAY-Sep 18, 2014
    WASHINGTON — A U.S. air strike near Mosul on Thursday killed 40Islamic State militants near a terrorist training camp, according to a senior ...
    Charles C. Haynes: What we call ISIS does matter
    Muncie Star Press-9 hours ago
    Explore in depth (224 more articles)
  6. Australia Raids Thwarted ISIS Beheading Plot

    ABC News-7 hours ago
    The Islamic State plot to carry out random beheadings in Sydney ... "The regrettable reality is that to mount the kind of attacks which ISILin Syria ...
    Australian Police Thwart ISIL Beheading Plot
    WLTX.com-Sep 18, 2014
    Explore in depth (1,571 more articles)
  7. ISIS Not as Dangerous to US as al Qaeda, Top Terror Official Says

    ABC News-Sep 3, 2014
    ISIS poses a significant threat to Americans, but the militant Islamic... no credible information that ISIL is planning to attack the UnitedStates," ...
  8. Syrian Kurds warn of mounting crisis as ISIS advances, takes more ...

    CNN-43 minutes ago
    STORY HIGHLIGHTS ... The Islamic State in Iraq and Syria, or "Islamic State," as the group calls itself, took 39 villages ... arming of Syrian rebels as top U.S. military leadership approved a plan to strikeISIS in Syria. ... We can destroy ISIL without having our troops fight another ground war in the Middle East.
  9. Top US military officer: US ground troops to fight ISIS, if necessary

    CNN-Sep 17, 2014
    STORY HIGHLIGHTS ... Washington (CNN) -- America's top military officer raised the specter Tuesday of U.S. troops in ... should accompany Iraqi troops on attacks against specific ISIL targets, I will recommend that to ... group that calls itself the Islamic State would not include American "boots on the ground.
  10. Feds: NY store owner plotted to send jihadists to Syria, kill US troops ...

    CNN-Sep 18, 2014
    ... and a world away from the Middle East, where ISIS (also known asISIL and the Islamic State) has waged a brutal campaign in recent years.
*Link for This article compiled by K. V. Seth 
*Speaking Image - Creation of DTN News ~ Defense Technology News 
*Photograph: IPF (International Pool of Friends) + DTN News / otherwise source stated
*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News Contact:dtnnews@ymail.com 
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