* Slash and Burn: First review of UK military spending in more than a decade could lead to a 25% across the board cut. Meanwhile, the cost of replacing their nuclear deterrent is causing havoc with planning.
* WikiLeaks suspect transferred from detention in Kuwait to pre-trial confinement in Virginia – which could take a while.
* Germany’s current climate of fiscal austerity appears to have killed any subsidies to build a 6th Dolphin Class submarine for Israel, and may derail efforts to make Israel the launch customer for the MEKO CSL and its flexible payloads.
* Czeching for Missiles: Czech prime minister says US-funded early warning center in the country will be part of a NATO missile defense system, and are negotiating to host a related facility.
* Southern Exposure: The US is close to activating a partial missile defense system against Iranian missiles in southern Europe with a possible deal to put an X-band radar ground station in Turkey or Bulgaria, the Washington Post reports.
* Give Me Some Space: Canadian fighter jets intercepted 2 TU-95 Russian strategic bombers near Canadian airspace, the latest of 50 such incidents in the last 3 years, says Canadian defense minister.
* High-tech Dragon: China is turning to IT and other high-tech equipment to beef up its military capabilities, notes the country’s defense minister.
* Colombia’s 3rd CN-235 MPA maritime patrol aircraft arrives.
* South Africa buys Raytheon Paveway II laser-guided bombs for its air force.
* 1st South Korean KDX-III AEGIS destroyer passes combat system qualification trials.
* USN PDR approves Lockheed’s SEWIP Block 2 ship protection system design.
* Despite plans to spin off its struggling shipyard business, Northrop Grumman posted a healthy 81% increase in profits for the second quarter of 2010, compared to the same quarter in 2009. Northrop Grumman release.