Rapid Fire Nov. 29, 2012: US Helicopter Prospects

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* Sikorsky remains upbeat on the chances that the Pentagon will fund Combat Rescue Helicopters as well as a “Future Vertical Lift” combat helo program. US Defense Undersecretary Frank Kendall told investors gathered at a Credit Suisse event that he would indeed like to fund at least initial development work in that area, if only to sustain the industrial base. * China’s Wanxiang Group would like to acquire A123 Systems Inc, a bankrupt manufacturer of lithium-ion batteries that can be used in civilian and military vehicles. But they are facing objections from several sources, from the US federal government – because of pending grants to the company – to the Strategic Materials Advisory Council, an advocacy group for the American industry which fears [PDF] that dual-use technology will end up being reverse-engineered in China. * CNIM delivered [in French] its 4th EDA-R landing catamaran to the French Navy. This completes an order from 2009 though the contract includes an option for up to 4 more units. Russia is interested in this design which was self-funded by CNIM. * Tim Huxkley at the International Institute for Strategic Studies at the Australian National University recommends [PDF] that Australia tightens its defense relations […]

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