Rapid Fire July 26, 2013: South Korea Wants Big Bucks for BMD

Rapid Fire July 26, 2013: South Korea Wants Big Bucks for BMD

* South Korea’s defense ministry submitted their budget request for 2014-18 to parliament. They’re asking for 214.5 trillion won (about $193 billion) with a beefy missile defense component. * Heading into another budget showdown in the US, the White House...
Rapid Fire July 26, 2013: South Korea Wants Big Bucks for BMD

Rapid Fire July 25, 2013: India’s Fuzzy FDI Policy

* Since a spat between India’s ministers of Commerce and Defense erupted publicly earlier this month, little clarity has emerged about what the ceiling for foreign participation in defense joint ventures would be. It looks like going beyond 26% and up to 49%...
Rapid Fire July 26, 2013: South Korea Wants Big Bucks for BMD

Rapid Fire July 24, 2013: Large US Primes Doing OK, So Far

* Northrop Grumman’s Q2 2013 sales [PDF] were flat at $6.3B, though their total backlog shed $3.1B from a year ago, down to $37.7B (also down sequentially vs. $39.4B at the end of the previous quarter). Aerospace sales are proving more resilient than information...
Rapid Fire July 26, 2013: South Korea Wants Big Bucks for BMD

Rapid Fire July 23, 2013: CJCS Dempsey on Syria, Afghanistan

* US Chairman of the Joint Chiefs of Staff General Dempsey outlined military options in Syria, following Senator McCain’s recent demands. AP | NYT. * Dempsey also sought to ease the tension between the Obama administration and Afghan President Karzai, by saying...
Rapid Fire July 26, 2013: South Korea Wants Big Bucks for BMD

Rapid Fire July 22, 2013: Jostling for Influence in Mideast

* Exporting advanced S-300 missiles to Syria could be a problem for Russia, as well as for outside powers who wish to overfly Syrian airspace. Russia & India Report explains the history, considerations, and dilemmas involved. * McClatchy: Absent strong U.S....