* The Pentagon’s 2013-2042 annual aviation inventory and funding plan is available via Bloomberg, in a context of aging aircraft. It says 5th generation assets will go from 7% of the current force of manned fighter aircraft to about 25% by FY 2022 based on a...
Fearless-75(click to view full) ST Kinetics subsidiary Singapore Technologies Marine Ltd. has won a EUR 534.8 million (about USD $700 million) competitive contract from the Ministry of Defence of the Sultanate of Oman, to bolster that country’s inshore and...
* US Navy Vice Adm. Mark Harnitchek, Director of the Defense Logistics Agency since November 2011, published his revised 2012 guidance [PDF] that conveniently highlights where the changes are. Among them, improved support for reset and force drawdown processes in...
* The US Army will host [PDF] an industry day on April 24 in Sterling Heights, MI, to present its Armored Multi-Purpose Vehicle (AMPV) program, a potential replacement for M113s with the goal of being both more survivable and more mobile. This one started in FY10 but...
* Finmeccanica declared [PDF] a EUR 2.3 billion loss for 2011 (slightly more than $3B) on EUR 17.3B of revenue (-7% vs. 2010) because of high nonrecurring charges. Sales declined 22% to EUR 17.4B. Total backlog dropped 5% to 46 billion euros but from the...