Rapid Fire 2010-12-27: Japanese Defense Spending

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* Research and Markets: Japan’s defense spending is expected to increase at 3.22% per year, reaching $62.3 billion in 2015. * Portland, OR-based Vigor Industrial to pay $130 million [PDF] for Seattle, WA-based Todd Shipyards, a military and civilian shipbuilder. * The US government, Boeing, Lockheed Martin, and the city of Moses Lake have agreed to spend $58 million to clean up the former Larson Air Force Base in Moses Lake, WA. * US Army Ranger school, once considered a rite of passage is noticing a sharp drop in applicants, especially among NCOs. The substitute? Combat experience. * Wall Street Journal wonders if we’re looking at a passenger aircraft economic bubble. They’re not the first to ask the question this year, and if it happened, there would be consequences in a number of military programs. One more reason for KC-X to get even more heated… * South Korea’s Ministry of National Defense to issue defense white paper Thursday, decides not to refer to North as “main enemy.” * ManTech closes $75 million acquisition of MTCSC, a Chula Visa, CA-based supplier of C4ISR systems to the USMC. * CAE, a Montreal-based provider of military aviation simulation and training systems, falls short […]

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