* The US Army may have to spend at least $441 million to replenish prepositioned equipment to meet combatant command planning requirements, part of the $4.5 billion needed to fully reconstitute the Army’s prepositioned stocks, the GAO says. * Russian President...
* UK government steps forward with the 1st explicit covenant, stating the moral obligation which exists between the British nation, the Government and the Armed Forces. See full document, and a companion document discusses the steps they’re taking to turn its...
* Turkey’s current account deficit is hitting levels that worry some observers. High levels have been predictors of economic crises in the past. If that comes to pass, there are a lot of new and pending weapons programs that would be affected. * Turkey’s...
* House Armed Services Committee approves $690 billion defense authorization bill for FY 2012: among other things, the bill would 1) allow GE and Rolls Royce to continue development of the F136 engine for the F-35 fighter at their own expense, 2) continue funding...
* Economic events will be driving more and more military budget decisions over the next few years. Writing in Caixin Weekly, Andy Xie pens “Chimerica’s Slippery Slope to Stagflation.” * State-controlled Russian Helicopters indefinitely suspends $500...
