Chief of Staff Gen. Norton Schwartz plans Friday to fly in the first new C-130J destined for the 317th Airlift Group at Dyess AFB, Tex., reports the Abilene Reporter News. A base spokesman told the newspaper that Dyess expects to receive 28 J model Hercules to replace its older Herks, receiving the last by 2013.
The Pentagon's Office of Strategic Capital is giving a $150 million conditional loan to Rocket Lab meant to increase the launch rate for its new reusable Neutron rocket, which is slated for its first flight next year.