Rapid Fire 2010-07-01: Wind Farms Delayed

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* Show Me the Money: Boeing is offering to buy Argon ST, a Fairfax, VA-based supplier of military C4ISR systems, for $34.50 per share, or $775 million, in an all-cash deal. * In other news, Boeing averted a strike in St. Louis when workers voted to approve a new package, against their union’s recommendation. It also hailed the public release of a WTO ruling on Airbus subsidies, which will be a lobbying point in the $30+ billion KC-X competition. The WTO also has a case involving Boeing, but it hasn’t ruled on that one yet. * FBI arrests 10 Russian intelligence agents. * In the Black: CACI, an Arlington, VA-based defense consulting firm, projects its net income for FY 2011 will jump 10% to 15% based on expected growth in C4ISR work and unveils plans for a $50 million stock buyback. * Spaced Out: Military use of space gets short shrift in new US space policy [pdf] released by the Obama administration. * Experimental TacSat-3 and its ARTEMIS hyperspectral surveillance sensors no longer an experiment. USAF taking first steps toward “operationally responsive space.” * Blowin’ in the Wind: The US DoD may try to delay construction of some wind-farm projects […]

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