Rapid Fire 2011-03-16: Brazilian Obsolescence

Rapid Fire 2011-03-16: Brazilian Obsolescence

* UK Defence Secretary Liam Fox says preliminary government approval of $30 billion plan to modernize 4 Vanguard-class SSBNs is expected soon. * Northrop Grumman board OKs spinoff of Huntington Ingalls Industries shipbuilding unit to NG shareholders. * Brazil’s...