by Editorial Staff | Nov 21, 2012 | Airbus, Daily Rapid Fire, Europe - Other, Finmeccanica, France, Germany, Helicopters & Rotary, India, Israel, Japan
* Germany and France have reportedly agreed to end up each owning 12% of EADS. Deutsche Welle | Handelsblatt [in German]. * EADS North America CEO Sean O’Keefe expects defense budget cuts, whether the Administration and Congress reach a budget deal or not....
by Editorial Staff | Nov 20, 2012 | Alliances, Asia - Central, Asia - Other, China, Corporate Financials, Daily Rapid Fire, Europe - Other, European Union (EU), Fighters & Attack, France, Honeywell, Israel
* Honeywell briefed [PDF] investors on their outlook for the years ahead, which they base on the assumption that 80% of sequestration funding cuts may happen. They estimate that their revenue at risk in case of full sequestration is limited to just 2% of revenue...
by Joe Katzman | Nov 19, 2012 | Australia & S. Pacific, Contracts - Awards, Support & Maintenance, Textron, UAVs, USA
RQ-7 launch, Mosul(click to view full) RQ-7 Shadow UAVs can be launched via runway or catapult, and land on runways. They’ve become the mainstay tactical-class battalion/ brigade level UAS for the US Army and US Marine Corps, and have also been exported to a...
by Joe Katzman | Nov 19, 2012 | Ammunition, Asia - Other, Britain/U.K., Budgets, Daily Rapid Fire, Fighters & Attack, Germany, Legal, Rosoboronexport, Russia, Submarines, Think Tanks
* The US Army released its 2013 Weapon Systems handbook, a 378-page catalog that gives snapshots covering each system’s mission, description, the program’s status, whether foreign military sales are involved, and projected activities over the next couple...
by Joe Katzman | Nov 18, 2012 | Asia - Other, Britain/U.K., Contracts - Awards, Missiles - Surface-Air, Thales
STARStreak(click to view full) In November 2012, the Royal Thai Army signed a contract with Thales UK to become the STARStreak air defence missile’s 3rd customer, after Britain and South Africa. Introduced in 1997, the dual-stage High Velocity Missile flies at...