Rapid Fire 2010-08-02: UK Spending Review

• Slash and Burn: First review of UK military spending in more than a decade could lead to a 25% across the board cut. Meanwhile, the cost of replacing their nuclear deterrent is causing havoc with planning.

• WikiLeaks suspect transferred from detention in Kuwait to pre-trial confinement in Virginia – which could take a while.

• Germany’s current climate of fiscal austerity appears to have killed any subsidies to build a 6th Dolphin Class submarine for Israel, and may derail efforts to make Israel the launch customer for the MEKO CSL and its flexible payloads.