Rapid Fire: 2010-09-14: Vectronics Trends

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* Short on Funds: With mid-term elections looming, US Congress is unlikely to pass FY 2011 defense appropriations legislation before end of FY 2010. * Military & Aerospace Electronics looks at trends in land combat vehicle electronics (vectronics), and the challenge of SWaP. * US DoD spent $35.7 billion this year on 2,420 IT investments, 44% of the total federal government IT spending. * Pirate takedown, Force Recon style. And the USNI with one take on “The Reality of Piracy.” * Buffetting Winds: What would Warren Buffett say about investing in US defense companies? * Bottom Line Repairs: US defense companies see military equipment repair work as benefiting their bottom lines in a budget-constrained environment. * The Israeli Navy chooses Aeronautics Defense Systems’ Orbiter 2 small UAV for use from its patrol boats and corvettes. Their role will not really be missile defense, however, as some articles implied; rather, it will be a role similar to the higher-end ScanEagle UAV. * South Korea’s Ministry of National Defense releases 313-page final report on the investigation into the March 26 sinking of ROKS Cheonan (PCC-772), a Pohang-class patrol combat corvette: “The Cheonan was split and sunk due to shockwave and bubble effect […]

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