Rapid Fire August 8, 2012: US Administration to Spell out Sequester

* President Obama signed the Sequestration Transparency Act (H.R. 5872), a bill that compels his administration to submit to Congress a detailed report on sequestration within the next 30 days. * Pratt & Whitney Canada may have settled with the US Department of Justice after pleading guilty to violating the Arms Export Control Act, but the chairman and ranking member of the Senate Armed Services Committee sent a letter to SecDef Panetta to urge him to consider barring the company from DoD contracts. On June 28 the Department of State already imposed a statutory debarment [PDF] on P&W Canada (not its parent UTC). * Academi, the company formerly known as Blackwater then XE, settled charges of arms export and other firearms regulatory violations by agreeing to pay a $7.5M fine on top of a $42M settlement with the Department of State. * Russia is ordering a $1.16 billion / RUB 36.959 billion LC-60YA nuclear-powered icebreaker under Project 22220, for delivery by 2018. It’s expected to become the greatest Russian icebreaker since Anna Sergeyevna Kournikova, but it’s just one part of a larger picture. * Indonesia’s first 4 Super Tucano light attack turboprops were officially handed over at a ceremony in […]