by Editorial Staff | Mar 29, 2012 | Budgets, Canada, China, Corporate Financials, Daily Rapid Fire, Israel, Middle East - Other, USA
* The US Navy’s latest 30-year shipbuilding plan [PDF] projects an average fleet size of 298 ships. An average of 8.9 new ships would be built each year for a total of 268 vessels. Spending is expected to peak to almost $20B/year in the early 20s and 30s because...
by Joe Katzman | Mar 28, 2012 | ABM, Corporate Financials, Daily Rapid Fire, Design Innovations, Finmeccanica, France, Fuel & Power, Germany, Helicopters & Rotary, Israel, Middle East - Other, Policy - Procurement, RAFAEL, Raytheon, Robots, Tanks & Mechanized, USA
* Finmeccanica declared [PDF] a EUR 2.3 billion loss for 2011 (slightly more than $3B) on EUR 17.3B of revenue (-7% vs. 2010) because of high nonrecurring charges. Sales declined 22% to EUR 17.4B. Total backlog dropped 5% to 46 billion euros but from the...
by Editorial Staff | Mar 27, 2012 | Daily Rapid Fire, European Union (EU), Leadership & People, Legal, Mergers & Acquisitions, Middle East - Other, Polar Regions, United Technologies, USA
* The Pentagon published the Contracting Officer’s Representative Handbook (DoD COR HDBK – PDF) to provide guidance on contract surveillance, ethics, the acquisition process, as well as contract structure, administration, and monitoring. It intends to...
by Editorial Staff | Mar 26, 2012 | Airbus, Americas - Other, Asia - Central, Budgets, Daily Rapid Fire, Germany, India, IT - Software & Integration, Legal, Lockheed Martin, Scandals & Investigations, USA
* More people are starting to think that sequestration of the US federal and defense budget may indeed well happen. * The US Army launched an application store [access restricted] that currently hosts a dozen training applications for smartphones and tablets. *...
by Joe Katzman | Mar 23, 2012 | Blimps & LTA Craft, Britain/U.K., Budgets, Canada, Corporate Financials, Daily Rapid Fire, DARPA, European Union (EU), New Systems Tech, Official Reports, Polar Regions, Specialty Aircraft, USA, UUVs & USVs
* The US Navy’s MZ-3A military research airship is about to get another year’s lease on life, as an Army test bed. With LEMV coming along, that’s probably a good idea. * The GAO says US Army payroll is a mess – not the kind where you get to...
