BAE-EADS Merger: Big Deal In Europe, Not So Much In US
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Today’s surprise announcement that UK-based arms-maker BAE and Airbus parent EADS are exploring a merger — sort of, maybe, if their respective boards approve an extremely complex deal that creates a so-called “dual-listed” entity in which each partner still issues its own separate stock — sent shockwaves throughout Europe and through the commercial aviation industry… Keep reading →
Allies Offer US Strong Advantages, And Some Risk, In China Rivalry
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America counts heavily on a cordon of allies stretching from Japan to the north down to Thailand, and across to India, in the highly unlikely event of war with China. But these same allies could draw the U.S. into strictly local disputes in which America does not always have a clear security interest and which… Keep reading →
Cybersecurity Info Sharing Even Harder Internationally
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WASHINGTON: As hard as it is to figure out how to share cybersecurity information within the US — just look at Congress’s recent failure to legislate on the subject — it’s even harder to do internationally. “We’re all pulling together because we have to,” Maj. Gen. Mark Bowman, the US Army officer who is now… Keep reading →
US Foreign Military Sales Top $65 Billion
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WASHINGTON: US foreign military sales are growing so fast the Pentagon can’t keep its PowerPoint slides updated — and they may well grow still more if a Defense Department policy easing exports of unmanned aircraft to 66 countries gets interagency and Congressional approval. When Defense Security Cooperation Agency staff put together a briefing for DSCA… Keep reading →
Iran Attack Could Be Game-Changer For Defense Stocks
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In the latest evidence that bad news for everyone else can often be good news for military contractors, defense investors are perking up as rumors spread that Israel might attack Iran’s nuclear complex in the Autumn. Any new Middle East war would give a boost to the stocks of military suppliers, while also making equities… Keep reading →
NATO DepSecGen Vershbow
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Not sure if this is funny, sad or? But #NATO DepSecGen Alexander Vershbow said this AM alliance has Lessons Learned AND Lessons Identified! colinclarkaol
Drone Strikes: ‘Least Horrible’ Choice In Pakistan, Yemen
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WASHINGTON: In lawless, inaccessible regions of the world, drone strikes are America’s least-worst option for pursuing terrorists, a panel of experts agreed today — and many of the civilians whose deaths are blamed on US drones were actually killed by local factions on the ground or never existed at all. “They are actually our least… Keep reading →
Norwegian Incumbent, Kongsberg, Wins Army’s $970M CROWS Deal
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There were sighs of relief in Norway and Pennsylvania late Friday, and doubtless groans in Australia and Arizona, when the US Army awarded a five-year, $970 million contract for 3,000 more CROWS weapons stations to Kongsberg Defense. Norwegian arms-maker Kongsberg, the incumbent, beat out multiple challengers, including Canberra-based Electro-Optic Systems, which had partnered with US… Keep reading →
Marines Find Pilot Errors Caused Fatal V-22 Morocco Crash; Japan Vice Minister Briefed: EXCLUSIVE
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WASHINGTON: A Marine Corps investigation confirms that, as Breaking Defense reported July 9, the pilot at the controls of an MV-22B Osprey that crashed April 11 in Morocco, killing two crew chiefs aboard, violated flight manual procedures and committed other errors that contributed to the accident. Breaking Defense has obtained a redacted summary of a… Keep reading →
Military ‘Aggressively Working’ To Ease Drone Sales Abroad
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LAS VEGAS: As US defense spending ramps down, both the military and the aerospace industry want to sell more drones to friends and allies overseas. Right now, however, export controls and arms control treaties make that awfully hard. “The foreign sales aspect of these RPAs [remotely piloted aircraft] is potentially huge,” Maj. Gen. James Poss,… Keep reading →