Rapid Fire 2011-05-20: Sizing the Global Defense Market

Rapid Fire 2011-05-20: Sizing the Global Defense Market

* Global defense budget is expected to reach $1.1 trillion in 2012, according to ASDReports.com * Lockheed Martin gets $45.3 million order to upgrade 22 Finnish Army M270 multiple launch rocket systems, enabling them to fire GPS-guided munitions. * BAE Systems gets...
Rapid Fire 2011-05-20: Sizing the Global Defense Market

Rapid Fire 2011-05-19: KC-767A Tankers for Italy

* US Army Corp of Engineers unveils $5 billion Civil Works plan for FY 2011. * Nearly 1,000 workers at 3 defense contractors in the Washington, DC area – General Dynamics, Lockheed Martin, and Northrop Grumman – are being laid off this year, the Washington...
Rapid Fire 2011-05-20: Sizing the Global Defense Market

Rapid Fire 2011-05-18: UCAV Attack Jets?

* The US Army may have to spend at least $441 million to replenish prepositioned equipment to meet combatant command planning requirements, part of the $4.5 billion needed to fully reconstitute the Army’s prepositioned stocks, the GAO says. * Russian President...