* US DOD: FY 2011 Budget materials.
* Shares of major US defense companies gained in trading following the unveiling of the Obama administration’s FY 2011 defense budget that would increase defense spending by 3.4%.
* The Pentagon is proposing to spend $4 billion over the next 5 years on long-range strike capabilites, including the next-generation bomber.
* UK MoD explains the process behind defense cut rumors.
* India expects field trials for 6 jet fighter makers vying to snag an Indian Air Force contract valued at $10 billion to be complete by year’s end.
* While the Obama administration’s FY 2011 budget increases funding for shipbuilding from $12.4 billion to $13.8 billion, this still falls far short of the Navy’s 313 ship fleet goal.
* The US Army will not be buying any more Humvees, but it plans to order plenty of MRAPs.
* Bulgaria receives 25 Plasan’s Sasa/ Oshkosh Sandcat light protected vehicles, for international operations.
* The US Army’s Aerial Common Sensor program is shifting away from a single platform to a layered airborne intelligence gathering approach.
* UK MoD showcases new light weapons.
* First steel cut on Australia’s 2nd Canberra Class LHD.
* US Navy and 8 countries place orders worth up to $104.9 million for MK 41 Vertical Launch System services.
* DARPA awards $32 million contract to develop 4-legged robotic “mule”.
* The Egyptian Air Force selects Pratt & Whitney’s PW-100-229 EEP engines to power its next 24 F-16s.