by Editorial Staff | May 2, 2013 | Africa - Other, China, Corporate Financials, Daily Rapid Fire, India, USA
* The Pentagon may send a request for sequestration flexibility to the House of Representatives’ Appropriations Committee next week, according to an anonymous House Republican aide quoted by Reuters. * CACI’s 3rd fiscal quarter (ending on March 31) saw a...
by Editorial Staff | May 1, 2013 | Africa - Other, Britain/U.K., Budgets, Daily Rapid Fire, Issues - Political, Lobbying, Logistics, Raytheon, Scandals & Investigations, USA
* US Chairman of the Joint Chiefs of Staff Gen. Dempsey told reporters it would have been “literally impossible” for the Department of Defense to integrate sequestration in its FY14 budget request. After all, the Budget Control Act was signed by the...
by Editorial Staff | Apr 30, 2013 | Australia & S. Pacific, China, Daily Rapid Fire, Europe - Other, India, Mines & Countermine-IED, Nuclear Weapons, Procurement Innovations, Scandals & Investigations, Science - Basic Research, USA
* The US Defense Acquisition University posted a bunch of slideshows and videos dedicated to the implementation of Better Buying Power. Try this one [PPTX] for a start, which sensibly advocates basing programs on realistic requirements rather than...
by Editorial Staff | Apr 29, 2013 | Australia & S. Pacific, Britain/U.K., Budgets, China, Daily Rapid Fire, Europe - Other, France, India, Leadership & People, Middle East - Other, Official Reports, Policy - Doctrine, Think Tanks, UAVs
* The French government released a much-delayed White Paper [PDF, in French] to refresh France’s defense outlook. What happened since the previous Livre Blanc published in 2008? The global financial crisis and the accelerated degradation of public finances in...
by Editorial Staff | Apr 26, 2013 | China, Corporate Financials, Daily Rapid Fire, Finmeccanica, India, Raytheon, Scandals & Investigations, USA
* Raytheon’s Q1 2013 sales were down by 1% Y/Y to %5.88B. The backlog lost 2.2% from a year ago, to $33.5B. Missile systems performed best (+8%) while network centric systems decreased by 7%. * Overall US prime contractors had an OK quarter, and they now...