* The Missile Defense Agency (MDA) awards Teledyne Brown Engineering an indefinite delivery indefinite quantity (IDIQ) contract worth up to $595 million for the development, deployment and sustainment of an Objective Simulation Framework (OSF).
* AeroVironment unveils its lightweight man-portable Shrike VTOL UAV. Shrike is the result of a contract from DARPA to develop a persistent perch and stare (SP2S) UAV.
* BAE Systems announces a successful testing of its Mk 38 MOD 2 Tactical Laser System (TLS) at Eglin Air Force base, Eglin FLA. The test system fired against air and surface maritime targets.
* The UK Ministry of Defence is preparing to announce its latest round of redundancies in line with the Strategic Defence and Security Review (SDSR) [PDF]. It is rumored that Royal Air Force (RAF) personnel supporting Libyan operations may be among the 1,000 troops to go.
* South Africa’s Defense Minister unveils the committee tasked with undertaking the country’s first defense review in thirteen years. The committee is in broad agreement that the 1998 review [PDF] no longer reflects the strategic environment of the African continent.
* Filippino media reacts favorably to comments made by right-wing think tank The Heritage Foundation that the acquisition of the cutter Gregorio del Pilar demonstrates Manila’s commitment to safeguarding territorial integrity, and should result in the transfer of further excess defense articles from the United States.
* The President of South Korea’s Agency for Defense Development tells local media that the production of materiel like the K21 infantry fighting vehicle (IFV) demonstrates that Seoul has come ‘a long way’ over the past decade in the development of cutting-edge weapons to counter North Korea.
* Bulgaria’s Defense Ministry is reportedly preparing to issue a tender for new handguns and sniper rifles.
* Zacks Investment Research’s Aerospace & Defense Stock Overview – Aug. 2011 maintains a ‘neutral’ stance on the US defense sector, while suggesting that international markets may help contractors to counter reduced Government spending.