by Editorial Staff | Oct 27, 2014 | Asia - Other, Brazil, China, Daily Rapid Fire, Fuel & Power, Germany, Helicopters & Rotary, Indonesia, Middle East - Other, Russia, Saudi Arabia, USA
* Indonesia’s new president Joko Widodo introduced [WSJ] what appears to be a business-friendly cabinet on balance, though political patronage remains [Sydney Morning Herald] part of the equation. Former army Chief of Staff Ryamizard Ryacudu is the new defense...
by Editorial Staff | Oct 24, 2014 | Africa - Other, Daily Rapid Fire, Iraq, Middle East - Other, Mines & Countermine-IED, Submarines, USA
* Poland has adopted [Defence24] a new national security strategy, which explicitly recognizes “a risk of local and regional conflicts in direct vicinity of Poland.” The Economist profiles Ewa Kopacz, Poland’s prime minister since last month, as a...
by Editorial Staff | Oct 23, 2014 | Asia - Central, Australia & S. Pacific, Boeing, China, Corporate Financials, Daily Rapid Fire, General Dynamics, Northrop-Grumman, Pre-RFP, Raytheon, Scandals & Investigations, USA
* General Dynamics had basically flat Q3 2014 revenue, with total sales of $7.7B, masking a 13% drop in information systems balanced by growth of about 7% in aerospace, combat systems, and marine systems. Their total backlog reached $74.4B and has been robustly...
by Editorial Staff | Oct 22, 2014 | Asia - Central, Britain/U.K., Canada, China, Corporate Financials, Daily Rapid Fire, Finmeccanica, Legal, Lockheed Martin, Mergers & Acquisitions, USA
* Lockheed Martin reported Q3 2014 sales down 2% to $11.1B, a trend that they expect will continue through next year. That was reflected in all segments but Space Systems. At $76.5B, total backlog is $6.1B below where it was at the end of 2013, most of that decline...
by Editorial Staff | Oct 21, 2014 | Australia & S. Pacific, Britain/U.K., Coastal & Littoral, Daily Rapid Fire, Europe - Other, France, Industry & Trends, Iraq, Japan, Middle East - Other, USA
* Finnish Defence Forces have started researching [Uutiset] how to replace an aging Hornet fighter fleet, for an estimated €6B. Greater air defense cooperation with Sweden could give the JAS-39E/F Gripen a “second time lucky” edge; the original JAS-39A/B...
