* The incoming U.S. Defense Secretary tells Congress that the challenge is to design budgets that eliminate wasteful and duplicative spending, while safeguarding the nation’s defense. * Giovanni de Briganti’s report on the performance of French Rafale...
* ADS, the UK’s aerospace, defense and security trade organization, publishes its annual aerospace sector survey covering both civil and defense aerospace. The survey outlines a strong performance for the UK’s aerospace sector despite tough economic...
* BAE Systems and Dassault Aviation name the program that will deliver their joint response for a next generation Medium Altitude Long Endurance (MALE) Unmanned Aircraft System (UAS) as Telemos. Dassault’s international director is confident that if a contract...
* Bloomberg analysts report that US SOCOM spending has quadrupled from 2001-2010, led by L-3, Harris, Raytheon and Boeing. On the other hand, small businesses have seen seen a sixfold increase in SOCOM contracts during that time. * A new report by AlixPartners...
* Following last month’s confirmation that Thales and Safran were discussing proposals aimed at optimizing their business portfolios, the Financial Times reports that an agreement on asset swaps may finally be at hand. * Boeing announces that it will lead an...
