Rapid Fire 2010-12-03: Cyber Spending

* Cybercash: DoD’s Cyber Command to fuel 9.1% annual growth in federal government cybersecurity spending, predicts INPUT.

* And the number 1 reason…: Heritage Foundation’s James Carafano details the top 10 reasons why the US defense budget should not be cut.

* Bending over backwards: US is flexible on European missile defense, Pentagon official tells Congress. Hearing webcast.

* DARPA selects [PDF] BAE systems to develop onboard sensor for both variants of the long-range anti-ship missile (LRASM) being developed by Lockheed Martin.

* Northrop Grumman successfully tests its new software for the US Navy’s BQM-74E aerial target.

* TransDigm, a Cleveland-based supplier of engineered aircraft components for military and commercial customers, offers $1.55 billion in senior subordinated notes due 2018.