International
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Air ForceCarter: DoD Shielding Systems Needed In Asia Region From Cuts
A Pentagon leader emphasized yesterday the administration’s desire to shield from budget cuts weapon systems the military will use as it shifts focus to the Asia-Pacific region–including undersea, unmanned, and […]
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Air ForceLockheed Martin Awarded Contract To Upgrade Taiwan F-16 Radars
The Defense Department awarded Lockheed Martin [LMT] a contract worth up to $1.85 billion last week to upgrade 145 of Taiwan’s Block 20 F-16A/B fighter jets, according to a company […]
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Business/FinancialAt Mid-Term, Global Defense Industry Continues To Shrink, Study Says
Halfway through 2012, the global defense industry is reporting fewer revenues than it did a year ago with European-based firms feeling the worst of defense spending cutbacks while companies based […]
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InternationalInteroperability, Adaptability, Enduring NATO ACT Efforts, Outgoing Commander Says
French Air Force Gen. Stephane Abrial today relinquishes his position as Supreme Allied Commander Transformation (SACT) leading one of two NATO strategic commands and the first non-American to hold the […]
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Business/FinancialU.K. Parliament Committee To Review Potential EADS, BAE Merger
A British parliamentary panel on Wednesday said it will review the possible merger between the European Aeronautic Defence and Space Co. (EADS) and Britain’s BAE Systems for the impact the […]
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Business/FinancialEU Wants $12 Billion In U.S. Sanctions Over Boeing Subsidy Spat
The European Union (EU) asked the World Trade Organization (WTO) yesterday for permission to slap the United States with $12 billion in annual trade sanctions because the organization found this […]
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InternationalU.S. Army Places New Orders For Saab’s Carl-Gustaf Weapon System
Sweden’s defense and security company Saab has signed a new $31 million contract with the U.S. Army for the company’s Carl-Gustaf man-portable weapon system. This is the second time the […]
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ArmyKongsberg Gruppen Receives Army Purchase Order For CROWS II Program
Norway’s Kongsberg Gruppen yesterday said it received an approximately $34 million purchase order for the CROWS II program from the U.S. Army. The CROWS II order is for spare parts […]
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Business/FinancialNorthrop Grumman Completes Acquisition Of M5
Northrop Grumman [NOC] yesterday said it has completed its purchase of Australia’s M5 Network Security, expanding its ability to provide cyber security and communications solutions to customers in Australia. M5’s […]
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Business/FinancialSenate OK’s Army Weapons Czar, DoD Heeds Russian Contractor Concerns
The Senate confirmed Heidi Shyu to be the Army’s top weapons buyer after a senator stopped stalling a vote on her nomination because of concerns about a Russian arms firm. Shyu, […]