* BAE Systems announced its 2011 financial results: sales dropped by 14% to 19.2 billion pounds (about $30B) while the order book shrank by 8% to 36.2 billion pounds ($56.7B). US sales accounted for 47% of the total but the Platforms & Services US division is the...
* Faced with a really tough fiscal environment, Italian Defense Minister Giampaolo Di Paola announced that Italy intends to reduce its F-35 order by about 40 units. Bloomberg | Reuters [in Italian]. * The US Defense Science Board task force published its final report...
The US federal government puts together its budget by way of a protracted, ongoing process. As the largest recipient of discretionary federal funds, the Department of Defense adds its own layer of complexity unknown to other smaller departments. This article explains...
* [Update] The US DOD released its FY13 budget request. * Budget killer? With TRICARE costs spiraling, pharmacists and lawmakers are calling attention to the fact that the proposed merger of the USA’s only 2 national “pharmacy benefit managers” would...
* The Brookings think tank, on the proliferation of IED attacks in 2011: “[D]anger will not disappear even after the U.S. campaign in Afghanistan ends. […] It is unsustainable to keep throwing billions of dollars to fight a technology that costs the other...
