Archive: Market Sectors

German Parliament Green Lights Puma Procurement

The German Bundestag’s budget committee recently cleared the way today for the procurement of 405 new Puma infantry fighting vehicles for the Bundeswehr. That could mean a combined total of about $4.4 billion in gross sales for Munich-based Krauss-Maffei Wegmann GmbH & Co. KG (KMG) and Rheinmetall AG of Duesseldorf, the companies said in a […]

U.K. National Defence Association Launches, Calls For Defense Spending Increase

The U.K. National Defence Association (UKNDA) launched Nov. 8, kicking off with a call to increase spending on the armed forces as soon as possible. UKNDA said it believes current spending levels are seriously undermining the United Kingdom’s ability to defend itself at home and around the world. UKNDA President, Winston Churchill–grandson of the war […]

Thackrah Rumored To Become Interim ASN RDA

By Geoff Fein John Thackrah, currently serving as the Deputy Assistant Secretary for Management and Budget, is expected to become the interim head of Navy acquisition. Navy Sec. Donald Winter is expected to name Thackrah within the next two weeks, a source told Defense Daily. Thackrah was sworn into his present position in April 2005. […]

U.K. National Defence Association Launches, Calls For Defense Spending Increase

The U.K. National Defence Association (UKNDA) launched Nov. 8, kicking off with a call to increase spending on the armed forces as soon as possible. UKNDA said it believes current spending levels are seriously undermining the United Kingdom’s ability to defend itself at home and around the world. UKNDA President, Winston Churchill, grandson of the […]

Northstar Aerospace To Complete Development of Innovative Transmission For Apache Block III

By Ann Roosevelt Northstar Aerospace Inc.’s subsidiary, Northstar Aerospace (Canada) Inc. yesterday announced it received a four year, potential $26 million contract from Boeing [BA] to complete the development and flight certification of an innovative transmission that will be used in the Army’s Block III AH-64D Apache Longbow helicopter modernization program. The contract provides for […]

German Parliament Green Lights Puma Procurement

The German Bundestag’s budget committee recently cleared the way today for the procurement of 405 new Puma infantry fighting vehicles for the Bundeswehr. That could mean a combined total of about $4.4 billion in gross sales for Munich-based Krauss-Maffei Wegmann GmbH & Co. KG (KMG) and Rheinmetall AG of Duesseldorf, the companies said in a […]

Airborne Laser, European Missile Defense Gain Adequate Funding

The Airborne Laser (ABL) and the European ballistic missile defense (BMD) programs that once faced devastating funding cuts have rallied, with a House-Senate conference committee providing those programs most of the money that President Bush had requested. The House-Senate panel wrote the final compromise version of the Department of Defense (DOD) appropriations bill for the […]

Security Upgrades Completed For 25 Russian Nuclear Warhead Sites

U.S.-funded security upgrades at a Russian Strategic Rocket Forces base in Siberia were completed Oct. 31, the Department of Energy’s National Nuclear Security Administration (NNSA) said. Completion of that work means all security work at 25 Russian nuclear missile sites outlined in a 2005 agreement between the U.S. and Russian presidents is finished. The final […]

Canadian Frigate Deploys With USS Truman Strike Group On Operation Altair

For the next six months, the HMCS Charlottetown, will deploy with the USS Truman (CVN-75) carrier strike group (CSG) as part of Operation Altair, the Canadian navy’s contribution to Operation Enduring Freedom (OEF). The deployment of the Halifax-class patrol frigate with the CSG significantly enhances the interoperability of Canadian and U.S. navies, according to the […]

Arrow Missile Defense Components Receive Conference Attention

The Defense Department Appropriations Bill for Fiscal Year 2008 that includes $37 million for producing components for the anti- ballistic missile Arrow in the United States and Israel. In the conference report accompanying the FY ’08 Appropriations Bill, lawmakers agreed to provide $155.5 million for the Arrow missile defense program–a joint United States- Israel effort. […]