Rapid Fire: 2010-06-14

* Rep. Barney Frank’s left wing and libertarian “Sustainable Defense Task Force” group reports [PDF]; supposedly identifies $1 trillion in Pentagon budget cuts.

* UK’s new defense minister Liam Fox “sets out his priorities” for coming budgetary decisions. Well, not really, but that’s the title, and his words may be of interest.

* Czech Aero Vodochody contracts with Algeria to refurbish and support its L-39 Albatros jet trainers. The L-39 is the world’s most widely-deployed jet trainer, but few new sales mean that refurbishment and support contracts are critical for Aero.

* Frost & Sullivan: The DoD is expected to spend $24.1 billion on training and simulation products and services by 2015, up slightly from $22.2 billion in FY 2009.

* EADS CEO hopes that European defense cuts won’t impact A400M program.

* Britain will introduce new Osprey Mk4 body armor into theater in winter 2010.