* UK aerospace and defense stocks drive up London FTSE 100 index.
* Former Russian air force chief says Russia is 25 to 30 years behind the US in develop air defenses.
* Columnist Daniel Darling of The Faster Times considers European defense spending in the aftermath of the Greek bailout.
* “It’s Springtime for China’s Blue Water Navy.”
* U.S. House panel approves a 1.9% pay raise for the US military, half a percentage point higher than the Pentagon’s request.
* BAE Systems leverages military vehicle experience into $10M order for commercial armored vehicles.
* The US would consider a military response in the case of a cyber attack, says a Pentagon official.
* Kratos Defense and Security Solutions to offer $225 million in debt to fund $133 million acquisiton of US military shelter maker Gichner.