Rapid Fire 2010-12-06: European Decline

* Northern exposure: New South Korean Defense Minister Kim says country should refocus its military capabilities to deal with threat from North.

* Decline and fall: Could European military budget cuts undermine the continent’s international clout even further?

* Strategy Analytics: The market for military embedded computers based on COTS components is predicted to double by 2010 to $4 billion.

* Up to $36 million to Todd Shipyards to repair and modernize the systems on the USS Nimitz nuclear-powered aircraft carrier (CVN 68).

* Northrop Grumman’s AMSEC gets contract worth up to $30.5 million to provide services and support for US Navy cargo and weapons handling systems.