Pentagon fights defense industry consolidation
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DefenceTalkThe big-spending Pentagon opened a campaign Tuesday against the consolidation of defense contractors, saying competition has dwindled as arms suppliers merge and supersize. In an official report, the Department of Defense (DoD), which has a budget of $768 billion this year, said the shrinking number of suppliers threatens national security and limits the potential for […]https://www.defencetalk.com/pentagon-fights-defense-industry-consolidation-77947/
US Army aggressively moves forward on OMFV, seeks industry input
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Today the Army issued a market survey for the Optionally Manned Fighting Vehicle (OMFV) program, formally marking the official “restart” to produce a transformational infantry fighting vehicle. “Industry feedback and partnerships are imperative in moving forward with OMFV, as with all of our modernization efforts,” said Dr. Bruce Jette, the Assistant Secretary of the Army […]
Continuing Growth Expected in Global Defense Market
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As 2018 turned to 2019, growth in the global defense environment moderated slightly, according to a new white paper from Forecast International. The Global Defense Spending Annual Snapshot produced by Forecast’s International’s Military Markets group highlights the factors behind the modest deceleration, while noting that the short- and medium-term military investment climate remains stout. Buoyed […]
United Technologies snaps up Rockwell Collins for $30 billion
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DefenceTalkUS-based industrial conglomerate United Technologies announced on Monday it had reached an agreement to buy aerospace supplier Rockwell Collins for $30 billion, including debt. “This acquisition adds tremendous capabilities to our aerospace businesses and strengthens our complementary offerings of technologically advanced aerospace systems,” said UTC Chairman and Chief Executive Officer Greg Hayes. “Together, Rockwell Collins […]https://www.defencetalk.com/united-technologies-snaps-up-rockwell-collins-for-30-billion-70416/
3D printing could revolutionize war and foreign policy
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DefenceTalk3D printing will revolutionize war and foreign policy, say experts, not only by making possible incredible new designs but by turning the defence industry — and possibly the entire global economy — on its head. For many, 3D printing still looks like a gimmick, used for printing useless plastic figurines and not much else. But […]https://www.defencetalk.com/3d-printing-could-revolutionize-war-and-foreign-policy-61301/
Sanctions to target Russia’s defense industry, others: US
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DefenceTalkThe next round of US sanctions against Moscow over Ukraine will target Russia’s defense industry as well as individuals and companies close to President Vladimir Putin, a senior US official said Sunday. “Starting this week, in coordination with our allies and partners, we’ll be exerting additional pressure on the people closest to him, the companies […]https://www.defencetalk.com/sanctions-to-target-russias-defense-industry-others-us-59425/
The 50th Paris Air Show Manages a Few Surprises for the Defence Industry
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DefenceTalkThe 50th Paris Air Show this year offered some anniversary surprises, however more or less expected, starting with the large Russian defence industry exposure. While almost hiding out in the static display area, the newly upgraded Russian jet fighter Sukhoi Su-35s stole the thunder several times from other aircraft in the skies. Its high manoeuvrability […]https://www.defencetalk.com/the-50th-paris-air-show-manages-a-few-surprises-for-the-defence-industry-48241/
Carter: Defense Industry Interests Align with Those of DOD
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DefenceTalkThe long-term interests of the defense industry and the Defense Department are aligned, Deputy Defense Secretary Ash Carter said during a May 3 awards ceremony in McLean, Va. At the ceremony, Carter received the Eisenhower Award from the National Defense Industrial Association. The award recognizes leadership and strategic impact at the highest levels of national […]https://www.defencetalk.com/carter-defense-industry-interests-align-with-those-of-dod-47708/