Rapid Fire 2011-10-17: New MoD Secretary | Korea’s Exports

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* Former Secretary of Transport Philip Hammond is replacing Liam Fox as the UK’s Minister of Defence, a position that has seen a lot of turnover in past years. Fox resigned under pressure because of the access he gave to his friend Adam Werritty. FT, Guardian, BBC. * The ADS British trade association surveyed Britain’s security sector. It found domestic sales to account for 81% of the total. 91% of the ~$235M goods and services exported to the US were for cyber security. * The AP reported on Saturday that all US troops would leave Iraq by year’s end but Defense Department press secretary George Little then denied such a decision had been made. At stake is the number of troops that would remain involved in training the Iraqi military, if any. * SAIC to add 200 jobs in Utah. * After 2 failed attempts earlier this month, Oshkosh made a deal with UAW Local 578 for their 5-year contract that 77% of union members approved. * Boeing consolidates its DRT, Argon, and ISR assets into an Electronic & Mission Systems (E&MS) division to go after the C4ISR market. DRT and Argon ST were acquired in 2008 and 2010 respectively. […]

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