Rapid Fire April 24, 2013: Contractors Starting to Face Sequestration Fallout

Rapid Fire April 24, 2013: Contractors Starting to Face Sequestration Fallout

* BAE Systems and its suppliers are lobbying the US Congress to sustain Bradley orders from the US Army and keep their production line open. * Lockheed Martin’s Q1 2013 revenue was down 2% Y/Y to $11.1B, dragged down by the Aeronautics segment because of fewer...
Rapid Fire April 24, 2013: Contractors Starting to Face Sequestration Fallout

Rapid Fire April 22, 2013: Another Bunch of Big USA-Middle East Deals Coming

* Another big Mideast sale is coming down the pipe that will include F-16E/Fs for the UAE, and cruise missiles for the UAE and Saudi Arabia. Israel to get V-22 tiltrotors, AESA fighter radars, and KC-135 aerial tankers. Choosing 707-based tankers is odd, given their...
Rapid Fire April 24, 2013: Contractors Starting to Face Sequestration Fallout

Rapid Fire April 19, 2013: US Threat Assessment

* Michael Flynn, the Director of the US Defense Intelligence Agency, submitted his annual threat assessment [PDF] to the Senate Armed Services Committee. * Australia’s Department of Defence contracted Telstra for telecommunications services worth $1.1B over 6...