Rapid Fire August 6, 2013: Embassy Shutdowns Because of Al-Qaeda in Yemen

Rapid Fire August 6, 2013: Embassy Shutdowns Because of Al-Qaeda in Yemen

* The US Air Force has flown US embassy staff out of Yemen because of Al Qaeda threats. The UK, France and Germany have also shut down their embassies. * Japan unveiled its 1st Izumo-class carrier which can carry up to 14 helicopters. Commissioning is expected in 2...
Rapid Fire August 6, 2013: Embassy Shutdowns Because of Al-Qaeda in Yemen

Rapid Fire August 5, 2013: TCI Wants EADS Out of Dassault

* The Children’s Investment Fund (TCI), an hedge fund known for its “shareholder activism”, wants EADS to sell its 46% stake of Dassault Aviation. They’ll need the French government to agree. * The US Navy’s information-centric SPAWAR...
Rapid Fire August 6, 2013: Embassy Shutdowns Because of Al-Qaeda in Yemen

Rapid Fire August 2, 2013: French 2014-2019 Acquisition Plans Rely on Sale of Govt Property & Exports

* The French government presented [in French] its 2014-19 Loi de Programmation Militaire (LPM, a 6-year defense budget law), to be discussed in parliament in the fall. They are confirming President Hollande’s earlier commitment to a flat (in nominal terms) EUR...
Rapid Fire August 6, 2013: Embassy Shutdowns Because of Al-Qaeda in Yemen

Rapid Fire August 1, 2013: Hagel Reveals SCMR Tradespace

* US Defense Secretary Chuck Hagel spoke publicly for the first time about the options laid out in the infamous Strategic Choices and Management Review (SCMR) conducted by his department. He refreshingly acknowledged that “[p]ast efficiency campaigns have shown...
Rapid Fire August 6, 2013: Embassy Shutdowns Because of Al-Qaeda in Yemen

Rapid Fire July 31, 2013: Meet the Airbus Group (Formerly EADS)

* EADS announced revenue up 6% to 26.3 billion ($34.9B) for the 1st half of 2013. Defense grew by 3% to 5 billion euros ($6.6B). Confirming recent reports, the group is taking the Airbus name, and regrouping its defense activities under the Airbus Defence & Space...