by Editorial Staff | Jan 24, 2013 | Contracts - Awards, Corporate Financials, Daily Rapid Fire, General Dynamics, GPS Infrastructure, India, Launch Vehicles, Lockheed Martin, Satellites & Sensors, United Technologies, USA
* In 2012 Lockheed Martin increased its yearly sales by 1.5% to $47.2B. Growth in aeronautics compensated lost ground in information system, confirming a pattern seen for the last two years and across contractors. Total backlog reached a record $82.3B (+$1.6B from a...
by Editorial Staff | Jan 23, 2013 | Boeing, Budgets, Contracts - Awards, Corporate Financials, Daily Rapid Fire, France, Mergers & Acquisitions, Singapore, Textron, USA
* Rolls Royce intends to cut or relocate 378 defense-related jobs at its plant in Ansty, UK, or almost half its staff. This follows the confirmation by the Ministry of Defence of a third tranche of redundancies affection 5,300 Army soldiers. * The SPEEA trade union...
by Editorial Staff | Jan 22, 2013 | Africa - Other, Alliances, Budgets, China, Contracts - Awards, Daily Rapid Fire, Fighters & Attack, Forces - Naval, France, India, Issues - International, Mergers & Acquisitions, Russia, South Korea, Tanks & Mechanized, United Technologies, USA
* In the absence of FY13 appropriations, the US Navy is stuck with Ticonderoga-class cruisers that it wanted to decommission but Congress decided otherwise. However federal funding is currently provided by a continuing resolution (i.e. the extension of FY12 spending...
by Editorial Staff | Jan 21, 2013 | Africa - Other, Asia - Central, Brazil, Britain/U.K., Budgets, Contracts - Awards, Daily Rapid Fire, Europe - Other, Finmeccanica, France, Helicopters & Rotary, India, Leadership & People, Russia
* The US Marines’ F-35Bs are grounded because of a glitch in a fuel line used in the exhaust system. * The US Navy and the National Geospatial-Intelligence Agency (NGA) are investigating whether a faulty digital nautical chart might be the reason why the USS...
by Editorial Staff | Jan 18, 2013 | Alliances, Asia - Central, Australia & S. Pacific, Britain/U.K., Budgets, Daily Rapid Fire, Issues - International, Pre-RFP, Signals Radio & Wireless, Specialty Aircraft, Think Tanks
* Australia and the UK signed a treaty to cooperate on areas including cyber security and defense tech. Britain pitched their Type 26 Global Combat Ships. Official statements: Australia | UK | Joint press conference. * Earlier in the week Indonesia said it was...
