This article is included in these additional categories: Boeing | Budgets | China | Contracts - Awards | Daily Rapid Fire | Fighters & Attack | France | India | Industry & Trends | IT - Networks & Bandwidth | Japan | Lockheed Martin | Mergers & Acquisitions | Other Corporation | Outer Space | Russia | Transport & Utility | USA
Rapid Fire 2011-09-02: CACI Acquires Paradigm Holdings

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* Concerns are raised that the presence of Chinese telecommunications companies in US markets may provide the People’s Liberation Army (PLA) with ‘back door’ opportunities to listen to communications networks. * Analysts outline the pros and cons of the respective bidders for Japan’s fighter contest. While Lockheed Martin’s F-35 is regarded the favorite, outsourcing opportunities still make the Eurofighter Typhoon and Boeing’s F-18 Super Hornets serious contenders. * Meanwhile, reports emerge that Japan’s Ministry of Defense is preparing to allocate Y7.9 billion ($120 million) to Mitsubishi Heavy Industries for research relating to the ATD-X experimental aircraft program. * Boeing’s proposed KC-46A 767 aerial tanker completes its 1st major program milestone. * Russia signs off all but one contract for its heavily criticized arms procurement program. * The Indian Air Force (IAF) tables proposals for the indigenous defense sector to develop a replacement for its fleet of Avro transport aircraft. * CACI completes its $61.5 million acquisition of cybersecurity and IT solutions provider Paradigm Holdings. * France’s Direction Générale de l’Armement (DGA) awards a consortium led by Alcatel-Lucent a 16-year contract worth €350 million ($500 million) to update the Air Force’s Internet Protocol-based telecommunication networks. * Reports emerge that China has delayed the launch of its Tiangong 1 Space Lab. The delay is the result of the unsuccessful launch of a Shijian 11 satellite in mid-August. * To follow up on yesterday’s report from the […]
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