by Joe Katzman | Mar 28, 2012 | ABM, Corporate Financials, Daily Rapid Fire, Design Innovations, Finmeccanica, France, Fuel & Power, Germany, Helicopters & Rotary, Israel, Middle East - Other, Policy - Procurement, RAFAEL, Raytheon, Robots, Tanks & Mechanized, USA
* Finmeccanica declared [PDF] a EUR 2.3 billion loss for 2011 (slightly more than $3B) on EUR 17.3B of revenue (-7% vs. 2010) because of high nonrecurring charges. Sales declined 22% to EUR 17.4B. Total backlog dropped 5% to 46 billion euros but from the...
by Joe Katzman | Mar 23, 2012 | Blimps & LTA Craft, Britain/U.K., Budgets, Canada, Corporate Financials, Daily Rapid Fire, DARPA, European Union (EU), New Systems Tech, Official Reports, Polar Regions, Specialty Aircraft, USA, UUVs & USVs
* The US Navy’s MZ-3A military research airship is about to get another year’s lease on life, as an Army test bed. With LEMV coming along, that’s probably a good idea. * The GAO says US Army payroll is a mess – not the kind where you get to...
by Joe Katzman | Mar 22, 2012 | Airbus, Corporate Financials, Daily Rapid Fire, France, GPS Infrastructure, India, Launch Vehicles, Official Reports, Specialty Aircraft, T&C - SAIC, UAVs
* The GAO published its latest report on the Pentagon’s space acquisitions.They recognize some areas of progress but they also think there is still “an array of challenges” to confront. * The Pentagon is still working on spelling out its cyber...
by Joe Katzman | Mar 21, 2012 | Americas - Other, Contracts - Awards, Force Structure, IAI, Israel, Missiles - Air-Air, Missiles - Surface-Air, Northrop-Grumman, Other Corporation, Radars, RAFAEL, Rosoboronexport, USA
POPRAD/ GROM(click to view full) In March 2012, Peru announced the winner of its competition to upgrade its air defenses. The country’s air defense needs are most sharply focused on the relatively narrow border with Chile, but the country does have borders with...
by Joe Katzman | Mar 18, 2012 | Australia & S. Pacific, Support & Maintenance, Textron, UAVs, USA
RQ-7 launch, Iraq(click to view full) In March 2012, Textron subsidiary AAI Corp. in Hunt Valley, MD received a $180.9 million cost-plus-incentive-fee contract to support RQ-7B Shadow unmanned aircraft systems serving with the US military and Australia. Work will be...
