* Work without Pay?: The US DoD is warning that it might run out of money to pay US troops if Congress fails to pass a $33 billion supplemental defense spending bill before its August recess.
* India’s “Project 75I” looks to add 6 submarines, reach out to the private sector, as its fleet ages and its “Project 75” Scorpene submarines remain years behind.
* Bargain Basement Prices? A Citigroup analyst says that stock prices of major US defense firms, such as Lockheed Martin, Boeing, Northrop Gumman, and Raytheon, are undervalued given the expected growth in the global defense market. Everyone’s entitled to an opinion; not everybody agrees.
* Heart of Darkness: France’s Thales to provide the Democratic Republic of Congo with PRC-6809 multiband inter/intra team radios and TRC 3700 HF tactical radios under a US-funded program.
* RIA Novosti provides an update re: Russia’s plans for its 5th generation PAK-FA fighter.
* Boeing to assemble Antonov’s AN-124 super-heavy transports? We tend to doubt it.
* The UK government names General David Richards as the next Chief of Defense Staff, taking over from Air Chief Marshall Jock Stirrup, effective October 2010.
* Beyond the Roomba: iRobot, a Bedford, MA-based company that makes the Roomba robotic vacuum cleaner, looks to clean up in the market for military robots. Check out DID’s coverage of the company.
* Shipshape Midshipmen: The US Naval Academy awards contract to Vend Natural to provide vending machines with healthy snacks at the school. Obesity costs the US military $1 billion annually in medical costs. Hear that, Private Pyle?
