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Lockheed Martin has designed a new tail hook for the F-35C Navy variant that is meant to allow the plane to land on carriers and be deployed to the fleet, according to a DoD Buzz article. The most expensive weapons program ever undertaken by the Defense Department has not only been hampered by organizational mistakes but various design flaws. The initial design of the tail hook, had it concealed within the airplane to enhance stealth capability which led to it failing to catch the arresting wires that are stretched across a carrier's flight deck to bring the aircraft to a halt. "Our original design was not performing as expected," said Lorraine Martin, Lockheed Martin's EVP for the F-35 program. "It's now in line with what the legacy aircraft uses," Martin said of the new F-35 tailhook. She added the new design will be tested this summer at the Navy's Lakehurst, ... (more)

Jones Lang LaSalle: Tech Start-Ups Spurring Economic Growth

A Jones Lang LaSalle report says that a surge in high-tech start-ups has started to influence regional economic growth in the country. The trend is igniting demand for office space, pushing rent, driving new construction and impacting other sectors, according to results of the analysis released Aug. 14. JLL ranked new centers of innovation among the top high-tech U.S. cities of 2013, giving them scores based on innovation, high-tech employment, intellectual capital and venture capital funds. San Francisco led the list, followed by Silicon Valley, San Franscisco Peninsula, Seattl... (more)

Survey: Storage Input/Output Performance Problem HPC Systems Design

A survey conducted by Data Direct Networks found that some of the top issues faced by big data users involve storage input/out and architectural changes. Further, the DDN Higher Performance Computing Trends survey found that data storage affects petascale users more and design changes affect exascale-level users, the company said Monday. "The results of DDN’s annual HPC Trends Survey reinforce what we hear from customers on a daily basis. Users are identifying storage I/O as the primary challenge in computing and the industry conversation needs to shift to reflect that," said Jef... (more)

IDC: Big Data Market to Reach $16.1B in 2014

Research firm IDC has predicted that the big data and analytics market will hit $16.1 billion in 2014 at a rate faster than the overall market growth for information technology, Forbes reported Thursday. Gil Press writes infrastructure will account for 45 percent of the market, services 29 percent and software tools 24 percent and that a separate forecast from the International Institute of Analytics says companies will embed analytics into business processes. The IDC projected cloud infrastructure to achieve a compound annual growth rate of 50 percent from 2013 through 2017, ac... (more)

Eye of the GovCon M&A Storm

Bob Kipps serves as managing director at investment bank KippsDeSanto & Co., a provider of services to middle-market firms in the government services, aerospace/defense, cyberintelligence and technology industries. In a new feature for Executive Mosaic, Kipps provides insight into what's driving the GovCon deals market and where participants are aligning for the future. To start 2013, he addresses impacts of the now-in-effect sequester and other budget pressures and notes five important things to consider for the future. After gushing throughout 2012, GovCon M&A deal announcements... (more)