by Editorial Staff | Nov 26, 2012 | Alliances, Asia - Central, Britain/U.K., Budgets, Daily Rapid Fire, France, Germany, Middle East - Other, Russia, Surface Ships - Combat, Think Tanks, USA
* Germany’s Bundestag approved the country’s federal budget for 2013 for a total of 302 billion euros, with around 33.3 billion euros for defense (~$43B), a slight increase above 2012. The country will spend as much next year servicing its sovereign debt...
by Joe Katzman | Nov 22, 2012 | Contracts - Awards, DID site
It’s that time of year again. For those of you celebrating American Thanksgiving, or who just want a feast, the US Defense Commissary Agency has some tips for cooking turkey, and some recipes. Yummly offers some options for your leftovers. Our big...
by Editorial Staff | Nov 21, 2012 | Airbus, Daily Rapid Fire, Europe - Other, Finmeccanica, France, Germany, Helicopters & Rotary, India, Israel, Japan
* Germany and France have reportedly agreed to end up each owning 12% of EADS. Deutsche Welle | Handelsblatt [in German]. * EADS North America CEO Sean O’Keefe expects defense budget cuts, whether the Administration and Congress reach a budget deal or not....
by Editorial Staff | Nov 20, 2012 | Alliances, Asia - Central, Asia - Other, China, Corporate Financials, Daily Rapid Fire, Europe - Other, European Union (EU), Fighters & Attack, France, Honeywell, Israel
* Honeywell briefed [PDF] investors on their outlook for the years ahead, which they base on the assumption that 80% of sequestration funding cuts may happen. They estimate that their revenue at risk in case of full sequestration is limited to just 2% of revenue...
by Joe Katzman | Nov 19, 2012 | Australia & S. Pacific, Contracts - Awards, Support & Maintenance, Textron, UAVs, USA
RQ-7 launch, Mosul(click to view full) RQ-7 Shadow UAVs can be launched via runway or catapult, and land on runways. They’ve become the mainstay tactical-class battalion/ brigade level UAS for the US Army and US Marine Corps, and have also been exported to a...