Rapid Fire 2011-05-25: Raytheon’s ALR-67v3

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* The global armored vehicle and counter IED vehicle market is predicted to reach $25.1 billion this year, but decline to $24.1 billion by 2021, according to ASDReports.com * Russian prosecutors are pursuing criminal charges against space officials over 4.3 billion ruble loss of 3 Glonass navigation satellites as the result of a failed launch attempt aboard a Proton-M rocket in December 2010. * Pressure is building for land assaults on Somali pirate havens. Step 1 in the inevitable renaissance of the traditional “punitive expedition” concept? * General Atomics delivers the 1st set of EMALS electro-magnetic catapult production components, to equip the new Gerald R. Ford aircraft carrier class. * Alenia Aeronautica delivers a stealth-maintaining weapons bay for the prototype nEUROn Unmanned Combat Air Vehicle to France’s Dassault Aviation. * USAF demonstrates new C2 forward concept design to improve mobility of the JFACC [PDF] command post using existing technology. * Lockheed Martin chief Bob Stevens tells media that his company is cutting $500 million in cost, most of that coming from a 26% reduction in senior executive personnel through early retirement. * Royal Navy leases retrofitted ice breaker MV Polarbjorn from Norway’s GC Rieber Shipping to replace damaged ice breaker […]

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