Rapid Fire Feb. 19, 2013: IDEX Deal Index

Rapid Fire Feb. 19, 2013: IDEX Deal Index

* The United Arab Emirates announced $1.4B worth of contracts with Oshkosh ($380M for 750 M-ATVs), General Atomics (near $200M for an unspecified quantity of unmanned Predator UAVs), and others. Talks about the purchase of defanged “Predator XPs” (XP for...
Rapid Fire Feb. 19, 2013: IDEX Deal Index

Rapid Fire Feb. 18, 2013: Pressure Tactics

* Gordon Adams, a budget staffer during the Clinton administration, is convinced the Pentagon has plenty of room for backoffice cuts, but thinks the recent announcements are driven by pressure politics: “[DoD and the services] decided to go forward with the most...
Rapid Fire Feb. 19, 2013: IDEX Deal Index

Rapid Fire, Feb. 15, 2013 – US Senate Hard at Work | France Luckier than Finmeccanica in India

Ravin’ about Ravens Democrats fell short by one vote to overcome a Republican filibuster of Chuck Hagel’s nomination for Secretary of Defense. Filibusters of cabinet appointees are few and far between, especially when the nominee is from your own party,...
Rapid Fire Feb. 19, 2013: IDEX Deal Index

Rapid Fire Feb. 14, 2013: Finmeccanica Under Friendly Fire from Former Italian Premier

* In the wake of Giuseppe Orsi’s arrest last Tuesday, Finmeccanica’s board appointed COO/CFO Alessandro Pansa as the company’s CEO. At least until a board meeting coming in April, as the Italian government may want to pump new blood at the head. The...
Rapid Fire Feb. 19, 2013: IDEX Deal Index

Rapid Fire Feb. 13, 2013: Hagel | SOTU | DID Feedback Loop

* Debate in the full US senate about the nomination of Chuck Hagel as Secretary of Defense should start today, following yesterday’s far from consensual approval (14-11 following party lines) in the Armed Services Committee. In all likelihood Hagel will be...