Iraq Looks to Bolster Heli-SAR with Bell 412EPs

Rapid Fire July 26, 2013: South Korea Wants Big Bucks for BMD

* South Korea’s defense ministry submitted their budget request for 2014-18 to parliament. They’re asking for 214.5 trillion won (about $193 billion) with a beefy missile defense component. * Heading into another budget showdown in the US, the White House...
Iraq Looks to Bolster Heli-SAR with Bell 412EPs

Rapid Fire July 25, 2013: India’s Fuzzy FDI Policy

* Since a spat between India’s ministers of Commerce and Defense erupted publicly earlier this month, little clarity has emerged about what the ceiling for foreign participation in defense joint ventures would be. It looks like going beyond 26% and up to 49%...
Iraq Looks to Bolster Heli-SAR with Bell 412EPs

Rapid Fire July 24, 2013: Large US Primes Doing OK, So Far

* Northrop Grumman’s Q2 2013 sales [PDF] were flat at $6.3B, though their total backlog shed $3.1B from a year ago, down to $37.7B (also down sequentially vs. $39.4B at the end of the previous quarter). Aerospace sales are proving more resilient than information...