Rapid Fire 2012-05-13: HASC FY12 Authorization Bill | DoD Cost Overruns

Rapid Fire 2012-05-13: HASC FY12 Authorization Bill | DoD Cost Overruns

* House Armed Services Committee approves $690 billion defense authorization bill for FY 2012: among other things, the bill would 1) allow GE and Rolls Royce to continue development of the F136 engine for the F-35 fighter at their own expense, 2) continue funding...
Rapid Fire 2012-05-13: HASC FY12 Authorization Bill | DoD Cost Overruns

Rapid Fire 2011-05-12: Macedonian Helos

* Economic events will be driving more and more military budget decisions over the next few years. Writing in Caixin Weekly, Andy Xie pens “Chimerica’s Slippery Slope to Stagflation.” * State-controlled Russian Helicopters indefinitely suspends $500...
Rapid Fire 2012-05-13: HASC FY12 Authorization Bill | DoD Cost Overruns

Rapid Fire 2011-05-11: Helo Brownout Mitigation

* The Australian government is cutting A$2.7 billion from its defense budget over the next four fiscal years, including a reduction in the costs of acquiring a 5th C-17 aircraft. * Russian President Dmitry Medvedev chastizes military for delaying tenders on major...