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Britain/U.K. | C4ISR | Contracts - Awards | Contracts - Modifications | Daily Rapid Fire | DARPA | Delivery & Task Orders | Electronics - General | Equipment - Other | Europe - Other | Explosives | Fighters & Attack | General Dynamics | Lockheed Martin | Missiles - Precision Attack | Northrop-Grumman | Projections & Assessments | R&D - Contracted | Rockets | Simulation & Training | Submarines | Support Functions - Other | USA

Rapid Fire 2011-05-20: Sizing the Global Defense Market

UH-60L Blackhawk helicopte

* Global defense budget is expected to reach $1.1 trillion in 2012, according to ASDReports.com

* Lockheed Martin gets $45.3 million order to upgrade 22 Finnish Army M270 multiple launch rocket systems, enabling them to fire GPS-guided munitions.

* BAE Systems gets GBP 39 million in MOD contracts to improve the intelligence processing capability of the RAF’s Typhoon fighter.

* General Dynamics Electric Boat receives a $33.5 million contract modification to develop advanced submarine technologies for US Navy undersea platforms.

* Northrop Grumman and Georgia Institute of Technology to develop MEMS gyroscope technology for DARPA’s Microscale Rate Integrating Gyroscope program.

* UK uses Roll Over Drills Egress Trainers (RODETs) – armored hulls outfitted like a real vehicle that can be completely rotated – to teach troops at Camp Bastion in Afghanistan how to survive if their vehicle hits an IED.