* President Obama proposes a 10-year, $80 billion plan to modernize the USA’s nuclear arsenal, and comply with the recent arms reduction treaty that he signed with Russia.
* US House Armed Services Committee Republicans unveil the beginnings of a party approach to defense issues and the FY 2011 budget, via their Defend American plan.
* Retiring NORAD chief USAF Gen. Gene Renuart says US radar systems need to be replaced.
* Aegean rivals Greece, Turkey sign a number of deals – but not on proposed defense cuts. This is not unexpected, and EU Parliamentarian Daniel Cohn-Bendit repeats his allegations that maintaining French & German arms deals was an unwritten condition of the bailout.
* EADS’ profits drop 39% despite higher revenues due to deteriorating currency-hedging rates. EADS release [pdf]
* Obama administration to ask Congress to provide $205 million for Israeli Iron Dome short-range missile defense system.
* Strategy Analytics: US defense industry needs to develop solution for COTS obsolescence in military systems.
* Finland retires its last 2 Mi-8 helicopters, as its new NH90 TTHs prepare to reach operational status in 2013-14.
* Rep. McKeon [R-CA-25] unveils a new web site for the bipartisan US House UAV caucus.
* If the FY 2011 budget is passed, the USAF’s total fleet will grow slightly, bucking the long-term trends.
* Ultralife Corp. snags $21 million in orders for its SATCOM-on-the-move mobile satellite communications system for MRAP vehicles.
* AECOM Technology Corp. gets $21.5 million contract for design and planning of the new US Army Pacific Command and Control Facility Complex located at Fort Shafter in Oahu, HI.