Rapid Fire 2010-09-01: Flying Road Vehicles

Rapid Fire 2010-09-01: Flying Road Vehicles

* China’s FY 2010 defense spending increased 7.5% to $78 billion, says Taiwan defense report. * Up and Down: Wells Fargo upgrades outlook for Raytheon’s shares due to significant international sales by the company, while the investment bank downgrades the...
Rapid Fire 2010-09-01: Flying Road Vehicles

Rapid Fire: 2010-08-31

* French defense industry needs to be rationalized, which includes reducing government funding for defense R&D and encouraging aerospace supplier Safran and defense electronics firm Thales to swap assets, says French defense minister. * President Obama pledges...
Rapid Fire 2010-09-01: Flying Road Vehicles

Rapid Fire 2010-08-30: Does Insourcing Save Money?

* Yellow Sea Exercises: The North Sea Fleet (Beihai Fleet) of the Chinese Navy plans to hold live-ammunition naval exercises, from Sept 1 to 4, in the Yellow Sea, located between the China coast and the Korean peninsula. * Set Them Free: Japanese advisory panel to the...
Rapid Fire 2010-09-01: Flying Road Vehicles

Rapid Fire: 2010-08-27

* Try Again: US Army cancels competition for development of the next-generation Ground Combat Vehicle IFV (Infantry Fighting Vehicle) after review by Pentagon acquisition officials; revised rules for a more affordable program expected in 60 days. * 10% Off Everything:...
Rapid Fire 2010-09-01: Flying Road Vehicles

Rapid Fire: 2010-08-26

* Flash Dance: A flash drive that uploaded malicious code into the US Central Command network in 2008 provided an unidentified foreign intelligence service with undetected access to classified US information, admits a US Pentagon official in a Foreign Affairs article....