by Joe Katzman | Feb 16, 2012 | Airbus, Asia - Other, BAE, Britain/U.K., Budgets, Corporate Financials, Daily Rapid Fire, Europe - Other, Legal, Lobbying, Other Corporation, Transport & Utility, WMD
* 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...
by Editorial Staff | Feb 15, 2012 | Australia & S. Pacific, Budgets, Daily Rapid Fire, Europe - Other, Fighters & Attack, Mines & Countermine-IED, Official Reports, People, Science - Basic Research
* 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...
by Editorial Staff | Feb 13, 2012 | Budgets, Issues - Political, Legal, USA
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...
by Joe Katzman | Feb 13, 2012 | Asia - Other, Britain/U.K., Budgets, China, DARPA, Helicopters & Rotary, Issues - Political, IT - Networks & Bandwidth, Medical, Official Reports, People, R&D - Contracted, Scandals & Investigations, T&C - Booz Allen
* [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...
by Editorial Staff | Feb 10, 2012 | Budgets, Daily Rapid Fire, Fighters & Attack, Fuel & Power, Issues - International, Legal, Mines & Countermine-IED, Official Reports, Politics, Think Tanks
* 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...
