Rapid Fire: 2010-07-28

Rapid Fire: 2010-07-28

* Beat the Street: Lockheed Martin, L-3 Communications surprise Wall Street by posting stronger than expected second quarter revenues and profits. Lockheed Martin release | L-3 release [PDF] * Show Me the Money?: US DoD is unable to account for 95% of the $9.1 billion...
Rapid Fire: 2010-07-28

Rapid Fire 2010-07-27: Prithvi 2

* Keeping the Edge: US should ensure Israel maintains its qualitative edge in armaments when it approves arms sales to Israel’s Arab neighbors – such as F-15s to Saudi Arabia – the Israeli defense minister tells the Washington Post during his US...
Rapid Fire: 2010-07-28

Rapid Fire 2010-07-26: Ballistic Iran

* Going Nuclear?: US, South Korea hold naval exercises, involving 20 ships and submarines and 200 aircraft, despite North Korea’s threat to use its “nuclear deterrent.”. * Is that a Missile in Your Pocket?: A senior Iranian military commander claims...
Rapid Fire: 2010-07-28

Rapid Fire: 2010-07-23

* Wireless Through Steel: BAE’s new technology has big potential for submarines, nuclear power plants, armored vehicles, and more. * Eastern Allure: Defense industry execs are seeing unprecedented levels of interest in military aircraft from Middle Eastern and...
Rapid Fire: 2010-07-28

Rapid Fire: 2010-07-22 | IED Detection

* Diamond Anniversary: On the 60th anniversary of North Korea’s invasion of the South, the US and South Korea send North Korea a “gift” of tougher sanctions in response to March 26 sinking of ROKS Cheonan (PCC-772), a Pohang-class patrol combat...