Rapid Fire 2011-02-01: Swedish Defense Market Flat

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* Swedish defense spending is expected to grow at an anemic 0.36% per year over the next 4 years, reaching $5.4 billion by 2015, according to iCD Research. * Strategy Analytics: US defense semiconductor sector is expected to post 6% compound annual average growth rate through 2015. * Up to $410 million to VSE to provide logistics support to US Army Reserve Command and the 63rd and 88th Regional Support Command under the GSA’s LOGWORLD contract vehicle. * Raytheon closes on $490 million acquisition of military ISR and cybersecurity firm Applied Signal. * Bulova Technologies gets 5-year US Army contract worth around $300 million to supply “59 individual ammunition items” for US security forces in Afghanistan. * Lockheed Martin gets $139.6 million order to supply 44 High Mobility Artillery Rocket Systems (HIMARS) to the US Army.

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