Rapid Fire 2010-07-27: Prithvi 2

Jul 26, 2010 22:34 UTC by Defense Industry Daily staff
  • Keeping the Edge: US should ensure Israel maintains its qualitative edge in armaments when it approves arms sales to Israel’s Arab neighbors – such as F-15s to Saudi Arabia – the Israeli defense minister tells the Washington Post during his US visit.
  • On Target: India successfully shot down a modified Prithvi 2 ballistic missile with a supersonic interceptor AAD missile, developed by the government’s Defence Research and Development Organisation, as part of a test of the country’s ballistic missile defense system.

  • TASC in Chantilly, VA snags a contract worth more than $200 million to provide systems engineering and integration work for the USAF Infrared Space Systems Wing’s Overhead Persistent Infrared (OPIR) missile defense mission area, which includes the DSP and SBIRS-High satellite systems.

  • Cyber Crime’s Financial Bite: Cyber crime costs the US defense industry the most of any industry – $16 million per year – according to a survey by IT research organization Ponemon Institute.

  • On the Move: BAE Systems’ hiring of ManTech President Lawrence Prior is seen as move to expand BAE’s US defense business into cybersecurity, intelligence analysis, and equipment repair and modernization.

  • First Lady Michelle Obama christens the Stratton, which will eventually become the Coast Guard’s 3rd Legend Class National Security Cutter.

  • US-based Teledyne pays around GBP35 million in cash and assumed obligations to acquire Intelek, a British firm that supplies electronics systems for military and commercial satellite and microwave communication systems.

    • Categories: ABM, Alliances, Britain/U.K., Contracts - Awards, Daily Rapid Fire, Electronics - General, Fighters & Attack, India, Industry & Trends, Israel, Issues - International, IT - Cyber-Security, Mergers & Acquisitions, Middle East - Other, Missiles - Ballistic, Outer Space, Satellites & Sensors, Signals Radio & Wireless, Surface Ships - Combat, USA

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