Elections in Brasil, Indonesia: Little Change Ahead For Defense?

Elections in Brasil, Indonesia: Little Change Ahead For Defense?

* Indonesia’s new president Joko Widodo introduced [WSJ] what appears to be a business-friendly cabinet on balance, though political patronage remains [Sydney Morning Herald] part of the equation. Former army Chief of Staff Ryamizard Ryacudu is the new defense...
Elections in Brasil, Indonesia: Little Change Ahead For Defense?

General Dynamics, Northrop Grumman: Flattish Revenue but Growing Order Book

* General Dynamics had basically flat Q3 2014 revenue, with total sales of $7.7B, masking a 13% drop in information systems balanced by growth of about 7% in aerospace, combat systems, and marine systems. Their total backlog reached $74.4B and has been robustly...
Elections in Brasil, Indonesia: Little Change Ahead For Defense?

Lockheed Sees Slight Revenue Decreases Continuing Into 2015

* Lockheed Martin reported Q3 2014 sales down 2% to $11.1B, a trend that they expect will continue through next year. That was reflected in all segments but Space Systems. At $76.5B, total backlog is $6.1B below where it was at the end of 2013, most of that decline...
Elections in Brasil, Indonesia: Little Change Ahead For Defense?

Who’s Willing to Step Up for Europe’s Defense?

* Finnish Defence Forces have started researching [Uutiset] how to replace an aging Hornet fighter fleet, for an estimated €6B. Greater air defense cooperation with Sweden could give the JAS-39E/F Gripen a “second time lucky” edge; the original JAS-39A/B...