This article is included in these additional categories: Corporate Financials | Daily Rapid Fire | India | Mergers & Acquisitions | Middle East - Other | Raytheon | United Technologies | USA
Rapid Fire July 24, 2012: Trade vs. Cooperation
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* Following an assignment handed to him by his boss last month, US deputy secretary of defense Ashton Carter said India is a top priority for defense exports. India is interested in cooperation rather than mere trade. Carter added: “Practically, we want to be India’s highest-quality and most trusted long-term supplier of technology, not a simple seller of goods, in such fields as maritime domain awareness, counterterrorism, and many others.” * Iraq, after the departure of US troops last year, is seeing a resurgence in violence with more than 100 dead in bombings and shootings yesterday: NYT | WaPo. * The Pentagon doesn’t have high hopes of finding someone to lead Air Force acquisition before the presidential election. * The US Naval Criminal Investigative Service has arrested for arson Casey James Fury, a 24-year-old civilian worker at the Portsmouth Naval Shipyard in Kittery, Maine where a very expensive fire burned USS Miami. * Sagem and Thales finalized their optronics joint venture. They’re equal partner in the new entity called Optrolead. * Gencorp confirmed that it is buying Pratt & Whitney Rocketdyne from United Technologies Corporation for $550 million. * Lockheed Martin announced sales growing by 3.5% to $11.9B for their […]
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