Rapid Fire: 2010-07-30

Rapid Fire: 2010-07-30

* Incredible Shrinking Budgets: Facing tightening defense budgets at home, European defense firms are looking to expand into service and support work and overseas markets. * Profits Take Off: Britain’s BAE Systems and France’s Thales both posted...
Rapid Fire: 2010-07-30

Rapid Fire: 2010-07-29

* Free Fall: Boeing reports a 21% drop in second-quarter profits, but still beats dismal Wall Street estimates. Boeing release * Sideways: European lawmakers and defense experts are calling on the European Commission to investigate allegation of corruption in awarding...
Rapid Fire: 2010-07-30

Rapid Fire: 2010-07-28

* Beat the Street: Lockheed Martin, L-3 Communications surprise Wall Street by posting stronger than expected second quarter revenues and profits. Lockheed Martin release | L-3 release [PDF] * Show Me the Money?: US DoD is unable to account for 95% of the $9.1 billion...
Rapid Fire: 2010-07-30

Rapid Fire 2010-07-27: Prithvi 2

* 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...