* Indian Venture: Lockheed Martin agrees to invest 428 million Indian rupees (US$9.1 million) for a 26% stake in an Indian joint venture with Tata Advanced Systems to produce defense equipment and aircraft parts.
* Boeing’s $775 million cash tender for all of the shares of Argon ST, a Fairfax, VA-based supplier of military C4ISR systems, is expected to close on Aug 4/10.
* Crack the Code: Wired magazine is challenging geeks around the world to crack the code in the US Cyber Command’s new logo: 9ec4c12949a4f31474f299058ce2b22a.
* Far Sea Defense: China’s “far sea defense” strategy, which calls for development of long-range naval strike capabilities, is pushing the transformation of the Chinese armed forces, according to an Asian Times report.
* Alion received a $3.2 million task order under the DoD’s Logistics Maintenance and Supply Support (LMSS) contract, to provide logistics support to the US Navy Expeditionary Combat Command in Virginia Beach, VA.