by Editorial Staff | Oct 12, 2012 | Asia - Central, Asia - Other, Daily Rapid Fire, Forces - Naval, Helicopters & Rotary, Mergers & Acquisitions, Middle East - Other, Navistar, Oshkosh, Robots, Russia, Scandals & Investigations, USA
* Investor Carl Icahn made an offer on the Oshkosh shares he does not already own for $2.7B, valuing the overall firm at $3B. With his current stake of about 9.5%, Icahn is the largest shareholder, but his proxy battle back in January failed. This follows a consistent...
by Editorial Staff | Oct 11, 2012 | Boeing, Daily Rapid Fire, Germany, India, Mergers & Acquisitions, Russia, USA, WMD Proliferation
After you, big guy * Analysts see prime contractors hunkering down rather than consolidate, after the failed BAE-EADS merger. Acquisitions or mergers involving tier 2 players are more likely. * The US Air Force’s Air Mobility Command recently conducted flight...
by Joe Katzman | Oct 10, 2012 | Contracts - Intent, Europe - Other, Helicopters & Rotary, Middle East - Other, New Systems Tech, Other Corporation, Support & Maintenance, Tanks & Mechanized, Transport & Utility
BTR-4, IFV config.(click to view full) In late 2009, reports surfaced that a $2.5 billion defense agreement between the Ukraine and the Iraqi Ministry of Defense could involve 420 of Khariv Morozov’s BTR-4 8×8 wheeled armored personnel carriers, 6 of...
by Editorial Staff | Oct 10, 2012 | Alliances, Asia - Other, Budgets, China, Legal, Lobbying, Policy - Doctrine, Policy - Procurement, USA
* Democrats from the House Appropriations Committee published their estimates of the consequences of sequestration not just on defense, but as DID recently half-jokingly predicted, with an increasingly broad scope and dire consequences. If the loss of 1 million 2...
by Editorial Staff | Oct 10, 2012 | Airbus, BAE, Britain/U.K., France, Germany, Mergers & Acquisitions
Rejected by governments October. 10, 2012: EADS announces [PDF] that they and BAE have decided to terminate their merger discussions. They confirm what had been widely discussed in the past month, with mounting pressure in recent days: “it has become clear that...
