* Bad news, good news: While defense budgets for major weapon systems are facing cuts, stockcall.com believes spending will increase on UAV programs, missile defense, and cybersecurity. * Arms race: Russian President Medvedev warns that a joint Russian/ European...
* Afghan poppy production down by half, creating heroin shortages on Britain’s streets. Pity. That pleospora papaveracea sure is potent. Nothing like having a lot of Taliban foreigners traipsing through the poppy fields, to ensure that outbreaks spread… *...
* Playing the field: Only weeks after the US Congress broke the deadlock on $100 million in military aid to Lebanon, Lebanese Prime Minister Hariri visits Tehran and appeals for closer military cooperation with Iran. * Red flag: Sen. John McCain (R-AZ) says China is...
* Washington crosses the Korea Strait: US sends nuclear-powered aircraft carrier USS George Washington (CVN 73) from Japan to participate in joint exercises with South Korea. * Hairy, Audacious Goal: European defense giant EADS wants to reach $10 billion in non-Airbus...
* Volley for serve: US sits tight after North Korea launches artillery volley against South’s Yeonpyeong island. * This comes hard on the heels of revelations that North Korea has a large, modern uranium enrichment facility, using P-2 centrifuges. This is less...