* 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...
AN/TPS-77 Radar Aug 5/13: The US DSCA announces Iraq’s request for an Integrated Air Defense system worth up to $2.4 billion, and seems to confirm that the radars in question were AN/TPS-77s. May 9/11: Lockheed Martin Corp., Lockheed Martin MS2 Tactical Systems...
* 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...
LCR2020(click to view full) Coastal surveillance and “maritime domain awareness” are growing priorities for nations who wish to secure control of their borders against threats ranging from drug smuggling, to illegal immigration, to terrorist infiltration....
* 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...