by Editorial Staff | Apr 30, 2014 | Asia - Other, ATK, Daily Rapid Fire, Europe - Other, Issues - International, Legal, Mergers & Acquisitions, Official Reports, USA
* ATK announced they would split into two companies, followed by a merger of the resulting aerospace and defense arm with Orbital. The resulting company, to be named Orbital ATK, will have 13,000 employees for $4.5B in yearly revenue. ATK’s sporting good...
by Editorial Staff | Apr 29, 2014 | Asia - Other, China, Daily Rapid Fire, Israel, Japan, Pre-RFP, Robots, USA
* The US Navy is working on an RFP for up to 18 Remote Minehunting System (RMS) Remote Multi-Mission Vehicles (RMMV), part of the LCS’ MCM mission module. An industry day took place a month ago, and briefing material has been trickling in (including this...
by Editorial Staff | Apr 28, 2014 | Alliances, Asia - Other, China, Daily Rapid Fire, India, Issues - International, USA
* The Philippines and the US are signing today a 10-year military pact formalizing how American troops will be allowed to rotate in the former US colony. Video of the press conference with Presidents Aquino and Obama. * President Aquino announced last Friday the...
by Editorial Staff | Apr 25, 2014 | Alliances, Asia - Central, Britain/U.K., Budgets, China, Daily Rapid Fire, Europe - Other, India, Issues - International, Issues - Political, Pre-RFP, Russia, Saudi Arabia, USA
* NATO realizes they’ll need to replace their invaluable NE-3A AWACS fleet around 2030. At this stage, everyone naturally wants everything, including a missile defense role. Budget realities and remorseless demographics ensure that they’ll buy what’s...
by Editorial Staff | Apr 24, 2014 | Britain/U.K., Daily Rapid Fire, Europe - Other, Fighters & Attack, Robots, Russia, USA
* Northrop Grumman reported Q1 2014 sales down 4.2% to $5.85B, with all business segments losing between 3% and 6% of their revenue vs. same time last year. This looks relatively close to Lockheed Martin’s revenue outlook for the quarter. Total backlog slipped...
