* Taranis Rex: Named for the Celtic god of thunder, the GBP 143 million Taranis stealth unmanned combat air vehicle (UCAV) was unveiled by manufacturer BAE Systems.
* US Commission on Wartime Contracting in Iraq and Afghanistan says US pullout will mean more use of security contractors in Iraq.
* Border Dispute: Canada’s CGI extends $920 million offer to buy US defense IT firm Stanley until Aug 2/10 due to delays in US regulatory approvals.
* Austal prepares to lay the keel for JHSV-1.
* Finding the Formula: Cosworth, a UK-based company that supplies Formula 1 racing car engines and electronics, is providing the UK military with technologies to improve counter-IED vehicle design.
* AnaptysBio to develop antibodies for sensors to detect bioterrorist attacks [pdf] under DARPA contract.
* ManTech continues to provide technical and engineering support to the US Naval Undersea Warfare Center Keyport Division for naval range acoustic test programs under a $19.5 million contract.